Retail & Commercial

VantageSouth Bancshares (VSB) in Raleigh, N.C., reported an increase in its third-quarter profit on higher lending income, but still missed analysts' earnings projections.

First Financial Corp. (THFF) in Terre Haute, Ind., reported a 5% increase in third-quarter profit as its provision for loan losses decreased.

Park National Corp. (PRK) in Newark, Ohio, beat quarterly earnings estimates after its asset quality improved.

Since building loyal customers requires making changes across all areas of the organization, 'loyalty' or customer experience management programs should be geared towards change management, not market research.

Bank of America (BAC) has appointed a wealth management executive to lead its Denver operations.

Baylake Corp. (BYLK) in Sturgeon Bay, Wis., has been approved to join the Nasdaq.

Provident New York Bancorp (PBNY) in Montebello, N.Y., reported strong earnings in the quarter that ended Sept. 30 thanks to loan growth and a major decrease in merger-related expenses.

Community banks have a proportionate disadvantage to taxpayer-subsidized megabanks as the crushing burden of regulation meant to stop the abuses of Wall Street rain down excessively on Main Street.

BOK Financial Corp. (BOKF) in Tulsa, Okla., fell short of Wall Street's quarterly earnings estimates due to the mortgage slowdown, margin compression and higher costs for bad loans.

Oct. 29 (Bloomberg) — Ally Financial Inc., the auto and home lender rescued by the U.S. government, said it reached a settlement tied to disputed mortgages with two federal agencies.