Banks to Watch
July 14, 2011 11:00 PM
Banks to Watch: Transformers
As thousands of small banks announced second quarter results, Paul Davis, editor of community banking, sized up the field to list some the institutions that will merit extra scrutiny in coming weeks.
First Niagara Financial Group Inc. in Buffalo, N.Y., and Hancock Holding Co. in Gulfport, Miss.
Used major second quarter acquisitions to move toward regional bank status. The question now: How successfully they can integrate and whether they'll do more deals. (Photo: ThinkStock)
Banks to Watch: Duking It Out
Republic Bancorp in Louisville, Ky.
Emboiled in a legal fight with the FDIC over refund anticipation loans. The question now: How well did the business perform in the second quarter and what is the company's commitment going forward. (Photo: ThinkStock)
Banks to Watch: Reading Tea Leaves
Capital Bank Corp. in Raleigh, N.C., and TIB Financial Corp. in Naples, Fla.
Both are majority owned by North American Financial Holdings Inc., which is planning a $300 million initial public offering. The question now: How effective has NAFH been at addressing credit issues where might its next acquisition take place. (Photo: ThinkStock)
Banks to Watch: Digging Out
Porter Bancorp Inc. in Louisville, Ky.
Lagging other small banks with credit quality due to a sluggish economic recovery. The question now: How well has Porter responded to its credit issues. (Photo: ThinkStock)
Banks to Watch: Island Issues
First BanCorp in San Juan, Puerto Rico
Set to receive a big infusion of capital from THL Partners to help exit Tarp. Analysts are curious as to whether the company will emerge as a buyer or seller on the economically challenged island. (Photo: ThinkStock)
Banks to Watch: Hit Streak?
Capitol Bancorp Ltd. in Lansing, Mich.
Struggling with credit and capital, the company managed to make a small profit in the first quarter. The question now: Did it repeat that performance and make money again and will it finally address its negative equity position. (Photo: ThinkStock)
Bloomberg News
Banks to Watch: New York Bound
BankUnited Inc. in Miami Lakes, Fla.
Reporting first full quarter since a January IPO. The question now. How will the company leverage the IPO and its recently announced purchase of Herald National Bank in New York. (Photo: Bloomberg News)
Banks to Watch: Hoping for a Rebound
BancorpSouth Inc. in Tupelo, Miss.
Shocked analysts with a surprise loss in the first quarter, then announced plans to close 8% of its branches. The question now: Is that enough to placate analysts, some of which believe the company should sell itself to another competitor. (Photo: ThinkStock)
Banks to Watch: Changing of the Guard
FNB United Corp. in Asheboro, N.C., and First Mariner Bancorp in Baltimore
Set to receive much-needed capital from private equity firms but those saviors are going to replacement key managers. The question now: What else is set to change at these companies. (Photo: ThinkStock)
