In an update on the Deposit Insurance Fund, FDIC staff said the fund's ratio of reserves to estimated deposits will likely reach the required 1.35% level by the second half of 2018.

The San Juan company disclosed an error in the way it calculated the provision for losses in its commercial loan book.

Gulfside Bank, which would be based in Sarasota, is angling to become southwest Florida's first new bank in a decade.

Organizers want to open the first new bank in Michigan since 2009, while a third group in Florida has filed a de novo application.

On Dec. 31, 2017. Dollars in thousands.

On Dec. 31, 2017. Dollars in thousands.

Independent Bank Group said the firms had become shareholders after it bought Carlile Bancshares last year.

While optimistic about the economy, bankers at this year's ICBA convention are still concerned about credit unions and other nonbanks, the role of technology, weakness in the agricultural sector and succession planning.

Independent Community Bankers of America CEO Camden Fine said his group “will not participate in making the perfect the enemy of the good” when it comes to further amending the regulatory relief bill.

The company will take a nearly $10 million hit after setting aside funds to cover a case of potential borrower fraud.

Financial Institutions, the parent of Five Star Bank, was hit with a "needs to improve" rating after a review of its activities from 2011 to 2013.

BankFirst Financial Services in Columbus, Miss., has acquired HomeFirst, a mortgage services firm.

Park National, which came to regret its acquisition of a Florida bank just before the financial crisis, took more than a year to vet NewDominion before making an offer.

With substantial regulatory relief within reach, community bankers should use their clout to shape cybersecurity policy and ensure a level playing field for banks and nonbanks, retiring ICBA chief Cam Fine says.

The company's deal for Coastway Bancorp in Rhode Island makes sense since both institutions are former credit unions.

The National Credit Union Administration’s defense of changes to a field-of-membership rule was challenged by a federal judge on Wednesday, suggesting an American Bankers Association lawsuit against the revisions may be successful.

A customer is claiming that the Chicago bank operates a "predatory" overdraft fee program.

Organizers in Winston-Salem are planning to raise at least $25 million to form Community Bank of the Carolinas.

The credit union's deal for American Founders Bank would be the third credit union acquisition of a bank this year.

Timothy Zimmerman is optimistic about regulatory relief and the capabilities of the association's next CEO, but he remains wary of nonbank competition and cybersecurity risk.