Community banking
Community banking
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Increased interest income would boost lending profitability, but only if borrowers are confident enough in the economy to take out loans. And that's just one of the issues hammering banks' shares.
June 1 -
Prominent Philadelphia appellate attorney Alfred Putnam is charged with convening a special shareholder meeting to fill a vacant seat on the board. CEO Vernon Hill is competing with a four-member faction of the board — and two separate groups of activist investors — for control of the bank.
May 31 -
Data as of Mar. 31, 2022. Dollars in thousands.
May 31 -
Data as of Mar. 31, 2022. Dollars in thousands.
May 31 - AB - Policy & Regulation
Banking groups are concerned that their long-fought-for Office of Supervisory Appeals Committee was disbanded without public comment.
May 26 -
The deal between associations in Pennsylvania and Maryland will create a $5.9 billion-asset lender called Horizon Farm Credit.
May 26 -
Seiffert, who succeeded longtime CEO William Wagner, orchestrated the company’s entry into Indiana and the sale of its insurance unit. Northwest reported a record $161.9 million profit in 2021.
May 25 -
Heartland BancCorp recently added Republican Lt. Gov. Jon Husted to its board of directors. One government watchdog group said the move raises questions about potential and perceived conflicts of interest.
May 24 -
Acquiring the 151-year-old PCSB would give the buyer its first presence in the deposit-rich metro New York marketplace. After the $313 million deal closes, Brookline will operate two separately chartered subsidiaries in addition to its namesake bank.
May 24 -
Cambridge Bancorp in Massachusetts said it would acquire Northmark Bank in a transaction valued at $63 million.
May 24 -
Data as of Mar. 31, 2022. Dollars in thousands.
May 23 -
Data as of Mar. 31, 2022. Dollars in thousands.
May 23 -
First Northern Community Bancorp Chief Executive Louise Walker said she will hand over the bank’s reins to its chief operating officer at the end of 2022.
May 23 -
Agility Bank, formed to serve local businesses operated by women, plans to launch in late May.
May 19 -
The U.S. Department of Agriculture expects farm profits to drop by 8% this year due to multiple factors, creating credit quality questions for ag banks.
May 19 -
The lawsuit filed by the Philadelphia company's CEO claims an opposing board faction lacks a quorum. Hill seeks to bar the group from reinstalling founder Harry Madonna.
May 18 -
Click here for an overview of No. 1-10 on American Banker's annual list of the highest-performing banks with less than $2 billion of assets and a full breakdown of all the banks on the roster.
May 17 -
Perennial No. 1 Oregon Bancorp, which operates as Willamette Valley Bank, boasts strong sources of fee and interest income, sound underwriting and vibrant geographic markets. It’s a formula shared by many on American Banker's list of the 200 highest-performing publicly traded small banks.
May 17 -
RBB Bancorp says it's investigating complaints by its former vice chairman, who stepped down along with another director, about potential conflicts of interest involving other members of the board.
May 17 -
On Dec. 31, 2022. Dollars in thousands.
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