PENSACOLA, Fla. - After building this state's first commercial building to receive the Leadership in Energy and Environmental Design (LEED) Gold certification three years ago, Navy FCU is completing its second LEED facility here.

INDIANAPOLIS -

Carver Bancorp Inc. of New York said Tuesday that it swung to a profit of $800,000 for its fiscal 2008 second quarter that ended Sept. 30, from a loss of $900,000 a year earlier.

WSB Financial Group Inc. in Bremerton, Wash., said Tuesday that it expects to add $7 million to $9 million to its reserves to cover possible losses from a portfolio of 146 mortgage loans made by one or two former lenders.

Bankers in parts of California hurt most by the housing slowdown said they worry about the potential for a ripple effect in their commercial real estate portfolios, so they are working to minimize their risk.

Two small Pittsburgh-area banking companies have announced plans to merge.

The Federal Deposit Insurance Corp. is expected to release its third-quarter report on the health of the banking industry on Nov. 28.

Michigan's ailing economy is testing banks there, but its wealthiest county is still attracting new institutions.

The Chicago investment bank Howe Barnes Hoefer & Arnett has created an investment vehicle aimed at raising the profile of small-bank stocks that have gotten scant notice from institutional investors.

New Century Bancorp in Dunn, N.C., is merging its two subsidiary banks into one to improve efficiency and profits.

First Community Bancshares in Overland Park, Kan., is expanding in Missouri by buying the $34.6 million-asset NKC Bancshares Inc. in North Kansas City, Mo.

Farmers and Merchants Bank in Stuttgart, Ark., has agreed to buy the $120 million-asset Chart Bank in Perryville, Ark., according to a local news report.

With competition for prime branch sites more intense than ever, credit unions and banks are moving quickly to secure their next locations. Perhaps too quickly. In the rush to outrace competitors into the next hot market, financials sometimes neglect to include some basic provisions into their sale or lease agreements that could save the institution considerable angst in the future.

The District of Columbia City Council is considering a bill that would deposit far more of the city's funds in local community banks to help stimulate economic growth.

Shares of Royal Bancshares of Pennsylvania Inc. have fallen more than 11% since the $1.3 billion-asset Narberth company said it would delay reporting its third-quarter earnings, because it has yet to determine the amount of reserves it would need to cover its loan losses.

Bank of the Carolinas Corp. in Mocksville, N.C., and Randolph Bank and Trust Co. in Asheboro said they terminated their merger agreement after Randolph failed to get enough shareholder votes to approve the transaction.

The sudden departure of Lone Star Bank's top executive has left the Houston start-up in the hands of investors who have no day-to-day experience running banks.

After reporting record third-quarter earnings, American Community Bancorp in Evansville, Ind., appears on its way to losing money this quarter.

Sterling Financial Corp. of Lancaster, Pa., said its deal to be sold to PNC Financial Services Group Inc. of Pittsburgh remains on track despite its disclosure this week of $35 million in new charges related to issues in its equipment leasing unit.

Community National Bank in North Branch, Minn., has been ordered by the Office of the Comptroller of the Currency to overhaul its management, change its loan policies, and begin an independent review of its loan portfolio.