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Talmer Bancorp in Troy, Mich., will record a nearly $14 million charge in the fourth quarter tied to ending its loss-share agreements with the Federal Deposit Insurance Corp.
December 29 -
The Bancorp in Wilmington, Del., has agreed to pay a $3 million civil money penalty to address issues tied to electronic fund transfer practices.
December 29 -
First Priority Financial in Malvern, Pa., has redeemed $6 million in preferred stock associated with the Troubled Asset Relief Program.
December 28
LCNB Corp. in Lebanon, Ohio, has its next chief executive lined up.
The $1.3 billion-asset company said in a press release that CEO Stephen Wilson will retire at the end of the year. Wilson, who was 64 as of the company's annual meeting, will also retire as CEO of the company's LCNB National Bank. He will remain chairman for the company and its bank.
LCNB said Steve Foster will succeed Wilson as CEO. Foster, who was 62 as of the company's annual meeting, is president of the company and the bank; he will continue to serve in those roles.
LCNB said it will continue to employ Wilson until the end of June.