Americas

Lakeland Bancorp Inc. in Oak Ridge, N.J., has paid off its remaining debt to Troubled Asset Relief Program.

Park National Corp. in Newark, Ohio, swung to a profit in the fourth quarter but still earned less than what analysts were expecting.

Commercial National Corp. in Latrobe, Pa., said Tuesday that its fourth-quarter net income climbed 44% from the same period in 2010, to $1.2 million, as lower funding costs and increased income from investments more than offset a decline in loan balances.

The Federal Reserve Board has ordered bank holding companies in Iowa, Wisconsin and South Carolina to use whatever resources are available to them to nurse their ailing bank subsidiaries back to health.

A small Minnesota bank is in hot water with its regulators after suffering steep losses on loans to some high-profile business executives.

Northway Financial Corp. in North Conway, N.H., said Monday that its fourth-quarter earnings fell 95% from the same period in 2010, to $67,000, after it set aside more money for potential losses and absorbed costs related to prepayment of its Federal Home Loan Bank advances.

F&M Bank, of Iowa, would get 2 branches in Galeburg, Ill., with $66 million of deposits.

Cape Bancorp Inc. in Cape May Court House, N.J., swung to a $1.6 million loss in the fourth quarter after taking $1 million writedown on foreclosed properties and an additional $1.1 million writedown on its investment in pooled trust-preferred securities that have lost much of their value.

Solid loan and deposit growth powered Bancorp of New Jersey Inc. to its most profitable quarter in its six-year history, the company said Friday.

Driven by strong growth in both interest and fee income, Territorial Bancorp Inc. in Honolulu reported a 6% increase in its fourth-quarter earnings, to $3.4 million.