Retail & Commercial

MidSouth Bancorp in Lafayette, La., has named Troy Cloutier, the son of Chief Executive Rusty Cloutier, to run its bank.

Community banks are often burdened with manual data entry for processing commercial loans. Union State Bank has turned to digitization software to make it easier. It may sound modest in the age of APIs, but it made a quantifiable difference.

NexTier Bank in Butler, Pa., has tapped its chief operating officer as its next leader.

The Bancorp in Wilmington, Del., has raised $74 million by selling common stock and a new series of preferred stock.

The biggest change in banking in the last 60 years is the shift in balance sheets from business lending to real estate finance and therefore more risk tied to volatile real estate prices.

TIAA in New York has agreed to buy EverBank in Jacksonville, Fla.

The former officers and directors for Midwest Bank & Trust have reached a $26.5 million settlement with the Federal Deposit Insurance Corp. over charges of negligence during the financial crisis.

The scandal-plagued marketplace lender is set to report earnings Monday, and the results aren't likely to be pretty. The big question going forward is how quickly can it reverse the damage and win back the trust of investors.

Zions Bancorp. in Salt Lake City on Friday named Gary Crittenden, a former chief financial officer at Citigroup, to its board of directors.

Financial regulators issued a long-awaited proposal Friday that would allow institutions with less than $1 billion in assets to file a short-form call report.