Commercial lending

On Mar. 31, 2018. Dollars in thousands.

Its noninterest expense rose 17% from a year earlier, in part because of costs stemming from its recent overdraft protection settlement with federal regulators.

The California company also benefited from higher interest rates and double-digit loan growth.

Wells Fargo is considering a sale of commercial real estate broker Eastdil Secured, according to a person briefed on the matter.

The Oklahoma bank’s net charge-offs were its second-highest in the last five quarters, but the company said it was confident in its credit quality outlook and growth prospects from a pending acquisition.

In addition to leading the company’s national business banking efforts, Peter Sefzik will also oversee small-business banking. Brian Foley, the chief credit officer for the Texas market, will succeed him as market president.

The company is once again positioning itself for growth now that it is no longer considered a systemically important financial institution.

BankUnited in Miami Lakes, Fla., said that second-quarter earnings rose 36% as average loan and investment securities balances increased.

The creation of the Consumer Financial Protection Bureau was widely expected to centralize regulation of payday and other high-cost loans in Washington. It hasn’t worked out that way.

The March acquisitions of a warehouse lending portfolio and eight California bank branches helped fuel a 22% increase in net income.

The 2017 acquisition of Yadkin Financial was cited as a driver of growth for several fee-based businesses.

An increase deposit costs, higher reserves and ongoing restructuring issues weighed on the second-quarter results at the New York company.

The Salt Lake City company reported a 21% increase in second-quarter profits, even as its decision to scale back commercial real estate lending muted overall loan growth.

The combination of rising interest rates and increased competition from nonbank lenders is prompting many commercial real estate investors to seek better deals elsewhere.

The Boston bank said the digital lending platform has cut down the time it takes to deliver loan decisions by roughly 40%.

Despite some green shoots in key credit segments, total loan growth was light at many banks last quarter. Rate hikes are threatened, and deposits will get pricier — where will the earnings come from?

Avidia Bank in Massachusetts collaborated with Exhibit 'A' Brewing to produce and sell an IPA as part of a plan to boost marketing to small businesses and millennials.

That helped push total lending growth to 4% and contributed to strong second-quarter earnings at the Providence, R.I., company.

The company will no longer originate indirect auto loans outside of Florida and Georgia.

Yet margin improvement proved to be the decisive factor in a strong quarter in which total lending was flat.