Americas

Community Trust Bancorp Inc. in Pikeville, Ky., said Wednesday that second-quarter earnings rose 4.9% from a year earlier, to $9 million, on higher net interest and noninterest income.

Victory Bancorp in Limerick, Pa., said Wednesday that it raised $2.6 million in capital. The company sold convertible preferred securities with a 7% coupon.

Renasant Corp. in Tupelo, Miss., said late Tuesday that its second-quarter earnings jumped 51.7% from a year earlier, to $5.8 million, due to a wider net interest margin and a decline in its loan-loss provision.

John Kanas released a statement on Tuesday re-asserting that BankUnited Inc.'s planned acquisition of Herald National Bank jibes with his noncompete provisions with Capital One Bank.

Fulton Financial Corp. in Lancaster, Pa., said Tuesday that its second-quarter earnings rose nearly 15% from the same period last year, to $36. 4 million.

Northern Trust Corp. in Chicago has promoted Chief Financial Officer William L. Morrison to president and chief operating officer and has hired Bank of America Merrill Lynch veteran Michael G. O'Grady to be the new CFO.

With loan demand still weak in most of its markets, Westamerica Bancorporation in San Rafael, Calif., said Tuesday that its second-quarter profit fell by nearly 10% from the same period last year, to $21.3 million.

Floating loans to movie producers and rock stars may not be the banking industry's cure-all. But for a pair of banks, the entertainment business has provided a well-timed safe harbor.

AmeriServ Financial Inc. in Johnstown, Pa., said that its second-quarter earnings increased by more than 300%, to $1.9 million, from the same period last year because it did not have to set aside any funds for loan losses.

Mercantile Bank reported second-quarter earnings of $2.4 million, compared to a reported loss of $700,000 a year earlier, driven largely by a reduction in credit costs.