Americas

WSFS Financial in Wilmington, Del., has bought the assets of West Capital Management in Philadelphia.

Profit at Farmers & Merchants Bank of Long Beach in California improved in the third quarter, due to loan growth and increased securities income.

BancorpSouth has extended the deadline to complete two acquisitions until the end of 2017 as it seeks to resolve a recent CRA downgrade.

First Bancshares in Hattiesburg, Miss., has agreed to buy two banks in Alabama and Florida and it announced plans for a capital-raise to fund the deals.

Strong revenue growth powered First Horizon in Memphis to a 7% increase in third-quarter earnings.

Fees and loans drove up third-quarter profits at Commerce Bancshares in Kansas City, Mo.

Third-quarter profit at PNC Financial Services Group in Pittsburgh declined on a yearly basis as a higher tax rate and increased expenses ate into improved revenue in both lending and fee-based products.

California Bank of Commerce in Lafayette has hired a veteran credit administrator to help expand its small-business lending.

A nearly double-digit increase in net interest income helped third-quarter profit increase by 12.9% at VSB Bancorp in New York.

West Town Bancorp in Illinois has revved up its government-backed lending to small businesses, making it a good example of how community banks can outhustle big lenders in the quest for new sources of fee income.