Community banking
Community banking
-
The company, which bought BNC Bancorp to enter North Carolina last year, recorded $19.1 million in merger-related expenses and an $8.3 million pretax loss tied to investment securities.
January 16 -
The company agreed to buy First Priority Financial for $82 million in stock.
January 16 -
The activist investor, which has pressured the company in the past to find a buyer, fell short in an attempt last year to gain representation.
January 16 -
Kevin Fitzsimmons, who had recently covered banks for Hovde Group, will become FIG Partners' deputy director of research.
January 16 -
The Tennessee company has been buying banks in smaller markets and college towns where it rarely has to compete with financial giants.
January 16 -
The Arkansas company's net income topped $100 million for the first time, though it largely reflected the revaluation of its deferred tax liability.
January 16 -
The Iowa company was sidelined by a Fed order for 2,155 days. Finally free, Ambank is open to making an acquisition and offering its mortgage origination services to other institutions.
January 12 -
Leonard Stekol, Ridgewood's president, succeeded Peter Boger, who ran the bank for 18 years.
January 12 -
Blue Lion Capital has complained about the company's reliance on mortgages and bank acquisitions.
January 11 -
NewDominion Bank and M&F Bank are among the institutions willing to leave the industry's comfort zone to reach younger prospects.
January 11 -
The company expects to report a $15 million gain in the fourth quarter from the stock sales, which will more than offset any deferred-tax impairment tied to recently passed tax reform.
January 11 -
The company has agreed to pay more than $50 million for United American Bank.
January 11 -
The company, which agreed to pay $58 million for Foundation's parent, will gain five branches in Cincinnati.
January 10 -
GOP Rep. Ed Royce of California said this week that he will leave Congress at the end of the year, removing his name from the list of contenders to lead the Financial Services Committee next year.
January 10 -
Banks that have flocked to the business because of higher yields and loan diversity stand to benefit if clients use tax savings to upgrade equipment.
January 10 -
Minneapolis Fed President Neel Kashkari acknowledges that his plan to raise capital at the biggest banks and ease burden for smaller ones isn't likely to be enacted soon, but says its time will come.
January 10 -
Jose Vazquez Jr., who previously worked for Popular Community Bank, will oversee commercial lending and treasury management services.
January 10 -
The final plan to end "too big to fail" suggests that banks with less than $10 billion be subject to a much less complicated risk-based capital regime, akin to what was required in Basel I.
January 10 -
The payments company will pay $321 million for Crestmark Bank, a commercial lender that focuses on asset-based lending, equipment finance and government-guaranteed loans.
January 9 -
Lower taxes mean more earnings, higher capital levels and perhaps a psychological boost for buyers.
January 9














