Americas

For a second time in three weeks, regulators have shuttered a bank that others were unwilling to acquire.

The Office of the Comptroller of the Currency has ended a formal agreement with City National Bank of Florida.

Buoyed by strong top-line revenue growth and improved asset quality, the $1.2 billion-asset First Business Financial Services in Madison, Wis., reported record profits in 2011.

A year and a half after completing its recapitalization, Sterling Financial Corp. in Spokane, Wash., has been released from an enforcement order with the Federal Reserve Board.

Two California banks have repaid funds they received from the Treasury Department under the Troubled Asset Relief Program.

The first thing Michael Blodnick — the head of Glacier Bancorp Inc. in Kalispell, Mont. — looks at when considering buying another bank?

Joseph Stilwell is trying to gain seats on the mutual holding company's board with the solitary goal of getting the management team to sell.

Regulators have terminated a consent order with Magyar Bancorp Inc.'s banking unit after the New Brunswick, N.J., company reduced its nonperforming assets and increased its capital levels.

First Commonwealth Financial Corp. in Indiana, Pa., has named T. Michael Price as its president and chief executive.

Sierra Vista Bank in Folsom, Calif., is looking to start its fifth year with $6.5 million of new capital.