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Heritage Financial Group Inc. in Albany, Ga., said Monday that it swung to a $922,000 profit in the fourth quarter from a $1.7 million loss a year earlier.
February 7 -
Though credit costs are subsiding at Dearborn Bancorp Inc. in Michigan, its bank has been undercapitalized for six straight quarters.
February 7 -
Texas Gulf Bank in Houston continued a management overhaul Sunday by rearranging several positions and naming Robert Greer as its chairman.
February 7 -
The Treasury Department has launched a public offering for the 1.6 million warrants for common equity it received from Wintrust Financial Corp. in Lake, Forest, Ill., under the Troubled Asset Relief Program.
February 7 -
Repeating a familiar pattern of recent years, banks failed Friday in Georgia and Illinois. Two were closed in Georgia; another, in Chicago, was the city's first failure of 2011.
February 6 - Texas
NetSpend Holdings Inc. is launching a rewards program for its prepaid debit cardholders using a merchant-funded system provided by Cardlytics Inc.
February 4 -
CNB Financial Corp. in Clearfield, Pa., said Friday that fourth-quarter net earnings jumped almost 90%, to $2.9 million, compared with a year earlier.
February 4 -
Eastern Virginia Bankshares in Tappahannock said Friday that it had suffered an $8.1 million loss in the fourth quarter as its borrowers struggled to make payments.
February 4 -
Net income at First Interstate BancSystem in Billings, Mont., grew 24.2% from the third quarter, to $10.8 million. The $7.5 billion-asset company attributed the results to strong income from the origination and sale of residential real estate loans and the reversal of previously recorded mortgage-servicing rights impairment.
February 4 -
Repeating a familiar pattern of recent years, banks failed Friday in Georgia and Illinois. Two were closed in Georgia; another, in Chicago, was the city's first failure of 2011.
February 4


