Americas

Westamerica Bancorp (WABC) of San Rafael, Calif., posted net income of $16.1 million for the fourth quarter, a 16.1% decrease from a year earlier.

Bank Mutual (BKMU) in Brown Deer, Wis., reported higher earnings due mostly to improved credit quality.

Simmons First National (SFNC) in Pine Bluff, Ark., plans to close 27 branches, according to regulatory filings.

Soo Bong Min, the president and chief executive of BBCN Bank in Los Angeles, has stepped down after less than a year on the job.

PNC Financial Services Group Inc. (PNC) posted fourth-quarter profit that beat analysts' estimates as the lender set aside less money for soured loans.

Coconut Grove Bank in Miami has appointed a new chief financial officer: Samuel Milne, the former CFO of the struggling U.S. Century Bank.

Malvern Bancorp (MLVF) in suburban Philadelphia announced Wednesday the resignation of president and chief executive Ronald Anderson.

Citigroup officials were granted access Wednesday to the Manhattan site of a 30-hour, six-alarm fire that destroyed a two-story branch over the weekend.

Regions Financial (RF) is discontinuing its controversial short-term consumer loan product, the company announced Wednesday.

The chief risk officer of EverBank Financial (EVER) in Jacksonville, Fla., is stepping down.