Americas

Iberiabank Corp. of Lafayette, La., said Tuesday that it has agreed to buy Omni Bancshares in Metairie, La., for $40 million in stock.

Central Pacific Financial Corp. in Honolulu has received approval from regulators to complete a much-needed $325 million capital injection.

Four bank failures book-ended the country on Friday. The four banks had a total of $1.05 billion in assets and are expected to cost the Deposit Insurance Fund $267.6 million collectively. So far, 22 institutions have failed so far this year.

Alma Bank in Astoria, N.Y., said Friday that George Katsiaunis will become its president. Katsiaunis is to succeed Luis Rebatta, who has been president of the $497.2 million-asset bank since it opened in 2007.

Bethpage Federal Credit Union has started an interactive marketing campaign that tells people, "It's time to give your bank a pink slip."

HarVest Bancorp Inc. has reportedly been without a chief executive for several weeks as it finalizes a recapitalization plan that intended on the previous CEO staying.

Bank of New York, representing holders of trust-preferred debt, has put up a vigorous fight against Builders Financial's reorganization plan, accusing the bankrupt company's owner of using straw creditors to deceive the court.

Emclaire Financial Corp. in Emlenton, Pa., raised its quarterly dividend by 14%. The $481.9 million-asset company declared a dividend of 16 cents a share, compared with 14 cents a quarter earlier.

Citizens First Corp. in Bowling Green, Ky., said Thursday that it has agreed to repay part of its outstanding debt under the Troubled Asset Relief Program.

The Federal Reserve Board said it has reached a written agreement with Westside Banking Co. of University Place, Wash.