Commercial lending

The Blairsville, Ga., bank is in growth mode with strong second-quarter lending performances and two deals in the works, but its provision for loan losses was described as too low in one research note.

CircleUp is offering lines of credit to early-stage consumer brands, which can often only get financing at high interest rates.

The Miami Lakes company’s chargeoffs of medallion loans increased fivefold, but profits rose thanks to gains in C&I, CRE and other types of loans.

The Tulsa, Okla., company reported loan growth in all categories, including a 56% increase in personal loans.

The Salt Lake City company also benefited from increases in investment securities and several large loan recoveries during the quarter.

The New York company, which is preparing to buy Astoria Financial, reported year-over-year increases in commercial-and-industrial and commercial real estate loans.

MPOWER Financing announced a deal Tuesday with Bank of Lake Mills in Wisconsin that will enable the Washington, D.C.-based company to lend to students in all 50 states.

Social Finance’s application for an industrial loan charter has not only drawn opposition from a coalition of incumbent banks and community activists, it also serves as a microcosm of several perennial debates in financial services policy.

A series of balance sheet moves and a focus on deposit gathering and business lending led to a $157 million profit in the second quarter.

Double-digit growth in loan volume offset a decline in fee income at the Honolulu company.