-
Heritage Bankshares Inc. said Thursday that it had completed a $7.8 million investment transaction in the Small Business Lending Fund program.
August 11 -
The Federal Reserve this week took action against four banks, including three written agreements and the issuance of a prompt corrective order against Bank of the Eastern Shore.
August 11 -
A pair of North Carolina banks — FNB United and Bank of Granite — surprised industry observers last week, finding investors willing to commit $310 million for an arranged marriage between the struggling companies.
August 9 -
Hamilton State Bancshares Inc. is looking to repurchase up to $4.2 million of its common stock just five months after the Atlanta-area company received a hefty capital infusion to buy other banks.
August 9 -
NBH Holdings Corp. is following up its recent failed bank acquisition in Colorado with a branch deal and name change.
August 8 -
On Tuesday, the $904 million-asset company said that Lee R. Keith, a director since 2009, as its interim president and chief executive. Keith succeeds Ted T. Awerkamp, who had served in those positions since 2007.
August 8 -
First Citizens BancShares Inc. in Raleigh, N.C., reported a decline in second-quarter earnings after its loan-loss provision jumped.
August 8 -
Capitol Bancorp Ltd. has agreed to sell its interest in Bank of Las Colinas for a second time.
August 8 -
First BanCorp of Puerto Rico reported a smaller second-quarter loss than it did a year earlier, due in part to a smaller loan-loss provision and a pair of special gains.
August 8 -
With its coffers at capacity, the capital-flush Cincinnati company said recently it would raise its dividend to equal 100% of its quarterly earnings.
August 5





