Americas

After three straight years of losses, Citizens Republic Bancorp Inc. in Flint, Mich., reported its second-straight profitable quarter for the three months that ended Sept. 30, thanks largely to improved asset quality and a double-digit increase in commercial and industrial loans.

Central Pacific Financial Corp., which lost more than $364 million in 2009 and 2010, has now made money in three straight quarters as the Honolulu company continues to shed problem assets.

Glacier Bancorp Inc.'s shares fell Friday after the company posted a third-quarter loss of $19 million due to a $32.6 million goodwill impairment charge.

Aided by a recent acquisition and its investment in new branches, WSFS Financial Corp. in Wilmington, Del., reported a profit of $6.8 million, or 70 cents per share, in the third quarter, handily beating consensus analysts' estimates.

National Penn Bancshares Inc. said Friday that third quarter earnings more than doubled from a year earlier, to $24.8 million, after the company recorded no loan-loss provision.

Opus Bank in Irvine, Calif., said Friday that it has raised $100 million in capital from management and investment funds as part of a plan to keep pace with its loan growth.

Park Sterling Corp. in Charlotte, N.C., said it expects to complete its acquisition of Community Capital Corp. in Greenwood, S.C., next week.

BankUnited Inc. posted a slight increase in third-quarter earnings as the Miami Lakes company continued to aggressively grow commercial loans in Florida.

The Federal Reserve has announced written agreements with three banking companies.

Many failed and open banks will be up for grabs across the South, the company says.