Buoyed by stronger credit quality and higher mortgage banking income, Lakeland Financial (LKFN) of Warsaw, Ind., reported record first-quarter income of $8.6 million, up 45% from a year earlier.

A surge in mortgage lending combined with improved asset quality and expense control led the embattled First Mariner Bancorp in Baltimore to its first profitable quarter in more than five years for the quarter that ended March 31.

Cullen/Frost Bankers (CFR) in San Antonio posted record profits in the first quarter as strong deposit growth and sharply improved asset quality more than offset a declining net interest margin and a dip in fee income.

William Lansing, the new chief executive of credit score giant Fair Isaac, discusses his relatively weak appetite for deal-making and defends the reputation of the FICO score.

Twitter and Facebook audiences are tough nuts to crack, but the social media channel posing the biggest challenge to banks may be YouTube.

Hudson City Bancorp (HCBK) of Paramus, N.J., intends to limit its mortgage lending this year as it looks to diversify its mortgage-heavy balance sheet and improve its regulatory capital ratios.

Shares of Sun Bancorp (SNBC) plunged early Wednesday after the Vineland, N.J., company reported a wider-than-expected loss in the first quarter due to ongoing weakness in its loan portfolio.

One of the most important regulatory decisions currently facing the Consumer Financial Protection Bureau is how to define the characteristics of a "qualified mortgage." This decision will have an enormous impact on the mortgage markets, and will ultimately determine the types of mortgages generally available in the United States, and the minimum qualifications for those seeking to obtain a home loan.

PENSACOLA, Fla. – An incentive deal aimed at luring Pen Air FCU to the downtown Thiesen Building will forgive a $79,854 balance on a loan to the Downtown Improvement Board to help encourage the credit union’s move.

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EverBank Financial finally set a price for a planned $225 million capital raise after sitting on its initial public offering for half a year.

Several attendees of the Pittsburgh bank's annual meeting complained to CEO James Rohr that PNC does business with coal mining companies that engage in the controversial practice of mountaintop removal.

SAN FRANCISCO — Thousands of protesters descended upon San Francisco's financial district to protest against Wells Fargo & Co. (WFC) at the bank's annual shareholder meeting here.

PremierWest Bancorp's losses widened in the first quarter as problem loans continued to drag down results as the Medford, Ore., company.

Aided by strong client transaction growth, Total System Services reported that its first-quarter earnings rose more than 15%, to $56.4 million, from a year earlier.

The Birmingham, Ala., bank made more money and spent less on bad loans than expected, but CEO Grayson Hall had to answer questions about why other Southeastern regional banks grew loans and revenue when it did not.

BancorpSouth (BXS) of Tupelo, Miss., is coming off its strongest quarter in two years as improved asset quality and modest growth in fee income more than offset declining loan revenue.

A former H&R Block Inc. (HRB) unit has agreed to pay $28.2 million to settle charges it misled investors by failing to disclose that its financial condition was significantly deteriorating, the Securities and Exchange Commission said.

Loan-loss provisions keep plummeting at community banks, as credit trends improve and a need for protective stockpiles subsides. The drop has contributed to some community banks beating analysts’ profit estimates for the first quarter.

Truman Bank of St. Louis has been undercapitalized since late last year and the Federal Reserve Board has issued a Prompt Corrective Action order saying said it has 90 days to either bolster its capital levels or find a buyer.