Retail & Commercial

Members of the American Bankers Association have elected a new leadership team and voted in 10 new board members.

PacWest Bancorp (PACW) in Los Angeles doubled its profits in the third quarter thanks to its purchase of First California Financial Group (FCAL).

City Holding Co. (CHCO) in Charleston, W.Va., reported a 32% increase in quarterly profit as acquisitions helped boost its interest income.

The Salt Lake City company has long lagged in mortgages, and now is the time to get more aggressive as big rivals pull back and small competitors struggle with qualified-mortgage rules, CEO Harris Simmons says.

Hudson City Bancorp's (HCBK) profits fell in the third quarter as the $39 billion-asset company saw declines in revenue from first mortgages and other loans.

Prosperity Bancshares (PB) in Houston reported a 20% boost in profit after announcing two deals in the third quarter.

Flagstar Bancorp (FBC) in Troy, Mich., recorded its fifth consecutive quarter of profitability and met Wall Street's earnings forecasts despite a drop in income from the sales of loans.

Weakening mortgage banking activity took a bite out of New York Community Bancorp's (NYCB) earnings in the third quarter.

Comptroller Thomas Curry’s 'heightened expectations' for large banks should include whether our communities are substantially better off as a result of their presence.

Fulton Financial (FULT) in Lancaster, Pa., saw reduced revenue from mortgage sales and service charges in the third quarter, but improvements in credit quality partially offset those declines.