Americas

A plan to inject $50 million into U.S. Century Bank has reportedly been called off, leaving the undercapitalized Doral, Fla., bank in limbo.

SouthCrest Financial Group (SCSG) in Peachtree City, Ga., has received regulatory approval to merge its four banks into a single charter operating under the name SouthCrest Bank.

The Federal Reserve Board has terminated enforcement actions with Cornerstone Holding Co. in Fargo, N.D., and Commerce Bancshares in Catoosa, Okla.

Tompkins Financial (TMP) in Ithaca, N.Y., has promoted Scott Gruber to chief executive of its subsidiary VIST Bank in Wyomissing, Pa. He succeeded Robert Davis, who retired as chief executive on Dec. 31.

Community Bank in Pasadena, Calif., has hired a chief executive.

Square 1 Financial in Durham, N.C., is planning an initial public offering.

Glacier Bancorp (GBCI) in Kalispell, Mont., has reclassified 15% of its investment securities portfolio.

Little Bank (LTLB) in Kinston, N.C., said in a press release Monday that fouder and chairman, Felix Harvey, died on Jan. 2. He was 93.

Activist investor PL Capital has taken a $3.5 million stake in Old Point Financial (OPOF) in Hampton, Va.

Susquehanna Bancshares (SUSQ) in Lititz, Pa., has hired Kevin Burns as chief risk officer and executive vice president.