Community banking
Community banking
- Washington
Banks in Texas and Washington are joining the growing list of financial institutions selling common stock.
December 6 -
Flushing Financial in Uniondale, N.Y., made $12.3 million on a recent property sale, part of a series of moves as it restructures its balance sheet.
December 6 - Louisiana
First NBC Bank in New Orleans, which has been dealing with issues tied to its tax-credit business and concerns about capital, has removed its chief executive.
December 6 -
TriState Capital Holdings in Pittsburgh has terminated an agreement to buy a fixed-income team.
December 6 -
Ray Davis is stepping down as Umpqua's CEO at yearend and transitioning to a new role as head of its year-old innovation lab. In his 22 years, he built Umpqua from a sleepy local bank into a regional powerhouse and internationally recognized brand.
December 5 -
The $9 billion-asset company said in a press release Monday that it bought the business assets of Ronald N. Lazzaro in Rutland, Vt., a financial planning an investment services firm.
December 5 -
Plaza Bank in Seattle has promoted its chief lending officer to become CEO. The $65 million-asset bank said in a press release Monday that Michael Anderson also succeeded Michael Clabby as president on Nov. 23.
December 5 -
Three fund managers and two advisory firms have soured on PrivateBancorp's planned sale to CIBC, raising the possibility that investors could nix the deal. What would happen next is anyone's guess.
December 5 -
Union Bankshares in Richmond, Va., has sold $150 million in subordinated notes. The $8.2 billion-asset company said in a press release Monday that the notes will initially bear an annual fixed interest rate of 5%.
December 5 -
Nearly a decade after he was forced to resign as CEO of Commerce Bank in Cherry Hill, N.J., the retail banking innovator was named chairman at Republic First Bancorp, which has adopted many of Commerce's practices.
December 5 - California
Pinnacle Bank in Gilroy, Calif., is looking to raise about $3 million through a rights offering.
December 5 -
Community Bank System in DeWitt, N.Y., has agreed to buy Northeast Retirement Services in Woburn, Mass.
December 5 -
Kevin S. Kim thought he was joining a bank board to bring youth to an aging slate of directors. Eight years, four acquisitions and a banking crisis later, he is now the chief executive of the nation's largest Korean-American bank.
December 4 - Michigan
Fentura Financial in Fenton, Mich., is the latest banking company to outline plans to sell common stock.
December 2 -
The Music City is booming because of entertainment and health care. Still, banks are monitoring growth in areas such as real estate development for signs of stress.
December 2 -
Carlyle Group has liquidated its remaining stake in Brand Group Holdings in Lawrenceville, Ga.
December 2 -
Construction loans are a big source of interest income for community banks but also carry a lot of risk. A few fintech firms say their platforms can reduce the risk and improve the lending process.
December 2 -
Iberiabank in Lafayette, La., is planning to raise at least $255 million from a common stock offering.
December 2 - California
Opus Bank in Irvine, Calif., continues to bolster its credit ranks following a surprising third-quarter loss.
December 2 -
Radius Bank in Boston has bought a national equipment finance business from NewStar Financial in Boston.
December 2





