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Commerce Bancshares (CBSH) in Kansas City, Mo., reported higher quarterly earnings because of a slight increase in revenue.
July 15 -
UMB Financial (UMBF) in Kansas City, Mo., will settle a dispute over an asset purchase agreement.
July 3 -
Great Southern in Missouri completed its fifth failed-bank deal on Friday. The company stated that the deal's strategic benefits outweigh the fact that it received a smaller upfront gain from its latest purchase.
June 23 -
Regulators seized the two subsidiaries of Iowa-based River Valley Bancorp. on Friday, one in Illinois and the other in Florida.
June 23
Rich Weaver has retired as commissioner of the Missouri Division of Finance.
Weaver began his career with the agency 19 years ago. In 2004 he was appointed the division's deputy commissioner and was promoted to commissioner in April 2009. His retirement is effective today.
"Rich has been a proven asset to our department, John Huff, director of the Missouri Department of Insurance, Financial Institutions and Professional Registration, said in a press release.
During Weaver's tenure, total deposits held by Missouri state-chartered banks reached an all-time high, totaling $84.1 billion at the end of March.
Debra Hardman, deputy commissioner and a 30-year veteran of the agency, will serve as acting commissioner during the search for Weaver's successor. Christie Kincannon, the division's chief counsel, will assume the joint role of chief counsel and acting deputy commissioner during the search period.
The Missouri Division of Finance regulates
