The deal with Apple Bank provides Emigrant with much-needed capital, though the private bank's lofty price expectations may have warded off other potential bidders, sources says.

AmericanWest in Spokane, Wash., announced Thursday it plans to acquire the $221 million-asset Inland Community Bank for $23.7 million, or 95% of its book value. It is AmericanWest's third acquisition in California in a year.

"The Daily Show" host took several sharp stabs at the growing Libor scandal on Wednesday night, equating the bankers that manipulated the interbank lending rate with the villains of a "Da Vinci Code"-type thriller.

Morgan Stanley reported a 50 percent drop in earnings that was bigger than analysts estimated as revenue from trading stocks and bonds declined the most among Wall Street banks.

BB&T's second-quarter earnings soared as the Winston-Salem, N.C., company reported strong improvement in lending, noninterest income and credit quality.

Orrstown Financial Services (ORRF) sold $28.6 million of nonperforming commercial loans to an unnamed outside investor.

Strong loan growth helped Wintrust Financial more than double its income in the second quarter to $25.6 million. It offset a surge in salaries and other employee-related expenses.

Capital One Financial Corp. (COF) said second-quarter profit fell 90 percent as an HSBC acquisition forced it to set aside loan-loss reserves.

James Rohr, the Pittsburgh bank's CEO, swears off new deals after putbacks from former National City mortgages, added costs in integrating RBC USA acquisition and other deal-related ills hurt PNC's quarterly bottom line.

Second-quarter results were predictably solid, but the earnings call was anything but dull as the CEO blasted the city of Los Angeles and its motives.

SMITHFIELD, R.I. — Navigant CU announced this afternoon it merging troubled Columbus CU, a $68 million in nearby Warren, R.I., with two branches.

Mortgage foreclosure mediation programs in Illinois counties that lack them will receive as much as $3 million from a national foreclosure settlement with major lenders, Illinois Attorney General Lisa Madigan announced.

The price tags are high at many of the community banks that are for sale, and their deposits are unappealing, says James Rohr, the chairman and CEO of the Pittsburgh bank.

Taylor Capital Group's (TAYC) second-quarter earnings surged as mortgage banking revenue increased.

PacWest Bancorp (PACW) posted a 21% jump in second quarter earnings from a year earlier as significant expense reductions and acquisitions took hold.

The Buffalo bank has seized on the disruption caused by the sale of HSBC's branches in upstate New York by luring away some business customers from rivals, CFO Rene Jones says. He also shares his outlook on M&A and interest rate risk tied to mortgages.

Fulton Financial reported higher quarterly earnings despite a decline in net interest income.

The Florida bank is eager to add loans after raising $5 million to surpass capital requirements from a 2011 consent order. It did so at a time when capital raising is on the decline.

M&T Bank (MTB) reported a big drop in quarterly earnings Tuesday, but a close look shows that its Wilmington Trust acquisition is bearing fruit at the right time.

Jim McMahon may have been a master at the Super Bowl Shuffle dance, but the former Chicago Bears quarterback apparently was less skilled as a bank director.