Centrue Financial in Ottawa, Ill., has agreed to sell three branches in Illinois.

BOK Financial in Oklahoma plans to further increase its reserves to cover loan losses amid the energy slump, emphasize health care and other non-energy sectors, and expand in markets like Kansas City that are less reliant on oil.

The company no longer feels the need to sell loans since it has a deal in hand to confidently cross a key regulatory threshold. Still, management said it likes the revenue opportunities from occasionally selling off originations.

The combination of falling stock prices, higher-risk strategies and signs of worsening credit quality does not bode well for the industry's road ahead.

The $9 billion-asset company said in a press release Monday that it will incur about $5 million in additional expenses during the first half of this year to cover the cost of closing the offices.

New York Community Bancorp in Westbury, N.Y., posted a fourth-quarter loss after incurring a large charge from prepaying $10.4 billion in wholesale borrowings.

Banks that prioritize structural changes in their compliance process will make risk frameworks more effective and sustainable over time.

Banco Santander SA built up capital in the fourth quarter, easing investor concern about its ability to bolster buffers, as Spain's largest lender booked charges that wiped out profit.

The Mississippi bank hopes its settlement talks with the CFPB and Justice Department ultimately clear the way for it to complete acquisitions in Texas and Louisiana, but time is running short.

Talmer agreed to sell itself in a privately negotiated deal that values the company at 150% of its tangible book value. For some analysts and investors, the company should have considered an auction — or not selling at all.

Fintech is a chic topic at Davos, but it's barely a blip on the radar of analysts who lock in on hard numbers during earnings calls. Yet with tech taking a bigger role in financial services, mobile banking or the blockchain might soon become as topical as efficiency ratios or net interest margins.

More than half of the deals announced so far this year have involved sellers from the Midwest. Expect activity in the region to rise as more banks mimic Huntington Bancshares and Chemical Financial by becoming acquirers.

Too many institutions focus on time-wasting tasks that divert their attention from how to stay relevant in a rapidly changing banking environment.

CVB Financial in Ontario, Calif., has agreed to sell a branch Sierra Bancorp in Porterville, Calif.

American International Group announced $3.6 billion in new costs to fill a reserve shortfall and said it will hold an initial public offering for its mortgage insurer and sell an adviser network as Chief Executive Peter Hancock seeks to boost returns and protect his job after criticism from activist investor Carl Icahn.

Chemical Financial in Midland, Mich., has agreed to buy Talmer Bancorp in Troy, Mich.

Huntington Bancshares in Columbus, Ohio, has agreed to buy FirstMerit in Akron, Ohio.

The $13.8 billion-asset company said Monday after the market closed that it earned $21.2 million, down roughly 26% from a year earlier.

Enterprise Financial Services in Clayton, Mo., has acquired a $21 million loan portfolio as part of its formation of an aircraft financing unit.

Cape Cod Five Cents Savings Bank in Orleans, Mass., has agreed to buy a branch in Falmouth, Mass., from Mutual Bank.