Retail & Commercial

Umpqua Holdings (UMPQ) in Portland, Ore., reported a steep dip in quarterly profits because of merger-related expenses and lower mortgage banking revenue.

First Defiance Financial (FDEF) in Defiance, Ohio, isn't going to buy First Community Bank in Columbus, Ohio, after all.

Arrow Financial Corporation (AROW) in Glens Falls, N.Y., said Monday that its first-quarter earnings climbed nearly 3% from the same period last year, to $5.3 million, as its loan portfolio continued to expand and asset quality remained strong.

The Portland, Ore., company aquired Sterling Financial last week. Though it created a $22 billion-asset regional player in the Pacific Northwest, CEO Ray Davis says the bank can keep its identify as a community bank.

Chemical Financial Corp. (CHFC) in Midland, Mich., said Monday that its first-quarter net income rose 5% from a year earlier, to $13.8 million, thanks largely to a double-digit increase in loans and improved credit quality.

Mortgage bondholders have long complained to regulators that the national mortgage settlement gave large bank servicers credit for principal reductions and loan modifications they did not pay for themselves.

SunTrust's efficiency decline in the first quarter overshadowed a 16% profit increase, underscoring how shareholders and others are thoroughly scrutinizing bank spending in a low-growth era.

Independent Bank (IBCP) in Ionia, Mich., attributed a significant plunge in quarterly profits to a slump in mortgage refinancing activity.

Aquesta Financial Holdings (AQFH) in Cornelius, N.C., reported higher earnings that benefited from loan growth.

Some banks have made eco-friendliness their mission, while others dabble in green initiatives such as building energy-efficient branches. In honor of Earth Day, here are some examples of banks that have tied environmentalism to their business strategies.