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With one of the largest war chests of capital in the Pacific Northwest, Columbia Banking in Tacoma, Wash., has long been viewed as one of that market's likely consolidators.
February 4 -
The Federal Reserve Board said it has reached a written agreement with Cokato Bancshares Inc. of Cokato, Minn. The $55.5 million-asset company agreed to be a source of strength for State Bank of Cokato, which has been under a consent order from the Federal Deposit Insurance Corp. since May.
February 3 -
Unity Bancorp Inc. in Clinton, N.J., said Thursday that its fourth-quarter loss widened by 25% from the period a year earlier, to $299,000.
February 3 -
Center Financial Corp. in Los Angeles swung to a $5.7 million fourth-quarter profit from a loss of $25.2 million as credit quality showed signs of stability.
February 3 -
The $2.7 billion-asset company announced Thursday that it would build an 11,000-square-foot regional headquarters in Indianapolis, five years after it ventured 120 miles south from its headquarters with the opening of a loan production office.
February 3 -
When Wall Street investors opened their wallets wide to BankUnited Inc., they were sending a message to other capital-hungry community banks. It just was not the message that those banks were hoping for.
February 3
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NexTier Inc. in Butler, Pa., announced Wednesday that a private-equity firm, Snyder Group, has agreed to buy a 51% stake in the struggling company.
February 2 -
German American Bancorp in Jasper, Ind., said Wednesday that net income climbed 10% in 2010. The $1.4 billion-asset company earned $13.4 million, or $1.21 a share, compared with net income of $12.2 million, or $1.10 a share.
February 2 -
The embattled Capitol Bancorp Ltd. has boosted its common equity by $19.2 million following a trust-preferred securities exchange that garnered little interest from its debtholders.
February 2 -
The net loss at Green Bankshares Inc. in Greenville, Tenn., widened to $52.8 million in the fourth quarter from $76,000 a year earlier.
February 2
