Americas

Enterprise Financial Services Corp. in St. Louis reported earnings of $9.7 million for the third quarter, nearly doubling its earnings from a year earlier, as the company made more money on loans and in its wealth management division.

WASHINGTON - Two Florida bank executives and one bank borrower were sentenced to federal prison Tuesday and ordered to pay nearly $100 million for attempting to defraud the Troubled Asset Relief Program.

James F. House soon will take the helm of United Security Bancshares Inc., a Thomasville, Ala., banking company that has hit hard times.

KeyBank said Wednesday it has appointed Rodney Drake as vice president and coordinator for its program geared towards low-income and underserved customers.

Credit quality is improving at Old Second Bancorp Inc., but the struggling company is still losing money.

Valley National Bancorp in Wayne, N.J., said its third-quarter profit rose 8.3% from the same period last year, as it made more real estate loans.

Aided by a sharp drop in problem loans, Synovus Financial Corp. in Columbus, Ga., reported a third-quarter profit of $15.7 million — its first quarterly profit in more than three years.

Cullen/Frost Bankers Inc. said Wednesday that third quarter earnings were nearly flat from a year earlier.

Sterling Financial Corp.'s shares jumped 11% Wednesday, to close at $15.02, after the once-embattled Spokane, Wash., company reported its highest quarterly profit in nearly four years.

Trustmark National Bank in Jackson, Miss., has set up a mortgage lending shop in Birmingham, Ala., to serve its growing retail and wholesale customer base in the state.