Pennsylvania

Tower Bancorp Inc. in Harrisburg, Pa., doesn't mind taking on the problem assets of First Chester County Corp., but it wants no part of its mortgage business.

Susquehanna Bancshares Inc. of Lititz, Pa., announced it is raising as much as $395 million in capital and said it could use some of the money to repay the Treasury Department.

With an overflowing pot of capital at his small New Century Bank, Jay S. Sidhu is ready to make some big deals.

New Century Bank, Jay S. Sidhu's most recent endeavor, has increased its capital by 180% as it seeks to embark on a major growth spurt.

First National Community Bancorp Inc. of Dunmore, Pa., reported a loss of $11.3 million for 2009, citing a more than tenfold increase in its provision for credit losses.

While many financial advisers continue to seek either the comforts of a megafirm or the independence of a registered investment advisory group, Adam Sherman, David Fleisher and their team have found a cozy home in the community banking channel.

DNB Financial Corp. in Downington, Pa., Friday reported fourth-quarter earnings of $573,000 compared with a loss of $230,000 for the year-earlier quarter.

Harleysville National Corp. of Pennsylvania announced Friday that its fourth-quarter net income fell 26% year over year, to $2.8 million.

First Chester County Corp. executives have decided that selling the bank at a steep discount to another Pennsylvania company is a better option than remaining an independent, struggling institution.

Unable to gain timely regulatory approval, Metro Bancorp Inc. has again delayed its acquisition of Republic First Bancorp Inc. in Philadelphia.

Royal Bancshares of Pennsylvania announced it has terminated an agreement to sell its Royal Asian Bank unit to a group of investors.

A month after announcing plans to raise $20 million, Emclaire Financial Corp. in Emlenton, Pa., has called off its stock offering.

Because of accounting errors, VIST Financial Corp. in Wyomissing, Pa., is revising its results for the past four quarters.

Bryn Mawr Bank Corp. in Pennsylvania has a deal to expand in Delaware County by buying First Keystone Financial Inc. in Media. The $1.2 billion-asset Bryn Mawr agreed to pay about $32.7 million for First Keystone.

Metro Bancorp in Harrisburg, Pa., swung to a $490,000 loss in the third quarter, but said it plans to use the $77.9M of capital it just raised to complete its pending acquisition of Republic First Bancorp in Philadelphia and continue growing aggressively.

Most struggling bank companies are clamoring for someone, anyone willing to help, but Patriot National Bancorp Inc. is sizing up its suitors.

The financial technology company Fiserv Inc. announced Monday that it has agreed to sell its Loan Fulfillment Solutions unit to ISGN Corp. of Bensalem, Pa.

The president and chief executive officer of Royal Asian Bank in Philadelphia is leading a group of investors that struck a deal to buy it.

Metro Bancorp Inc. in Harrisburg, Pa., plans to sell $75 million of its common stock, in an offering that could help smooth its pending acquisition of Republic First Bancorp Inc. in Philadelphia.

At least two community banking companies announced plans Tuesday to raise capital, some of which may be used to repay government capital.