Community banking
Community banking
- Tennessee
James Cope entered into an agreement with the U.S. Attorney for the Middle District of Tennessee to plead guilty to one count of insider trading; he will serve a two-year probationary sentence.
October 21 -
First NBC Bank in New Orleans may have avoided one problem only to run into a much bigger issue.
October 21 -
Home BancShares in Arkansas would rather buy banks that meet its financial parameters than do one large deal to catapult over $10 billion in assets. The bank also spent most of this year idling with M&A so it could prepare for stress testing.
October 21 -
TCF Financial in Wayzata, Minn., on Friday reported higher profits, mostly from gains on the sale of auto loans.
October 21 -
Even if the cross-selling scandal is unique to Wells Fargo, banks nationwide will need to prepare for added regulatory scrutiny. Here's how.
October 21 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.
October 21 -
Independent Bank in Rockland, Mass., has agreed to buy Island Bancorp in Edgartown, Mass.
October 20 -
Signature and BankUnited had warned of weakness in their medallion portfolios for months but had resisted taking drastic measures. Things changed when large borrowers started to miss payments.
October 20 -
Equity Bancshares in Wichita, Kan., has agreed to buy Prairie State Bancshares in Hoxie, Kan.
October 20 -
Mary Mack is beginning damage control as she overhauls Wells' sales culture; Dorothy Savarese talks diversity of bank sizes as she becomes chairman of the ABA; and Elizabeth Warren implores the president to demote Mary Jo White. Also, industry manbassadors talk work-life balance and the importance of flexibility for women as Visa's CEO resigns to devote more time to family. And a couple of small activist firms are taking on gender bias at the world's largest companies.
October 20 -
The California company plans to hire a second chief credit officer to specify monitor commercial lending and specialty lines. At least one analyst said the changes, which also include adjustments to credit policies, calls into question the company's strategic director and growth trajectory.
October 20 -
The company believes it is done making acquisitions in its home state. The next phase of growth will likely involve deals and strategic hiring in large urban markets across the Southeast.
October 20 -
Signature Bank in New York reported a sharp decline in quarterly profits after suffering steep losses on its Chicago portfolio of taxi medallion loans.
October 20 -
Rather than continuing to invest in inclusion initiatives that fail to drive diversity, banks should embrace these three programs instead.
October 20 -
BancorpSouth in Tupelo, Miss., reported higher third-quarter earnings after net interest and fee revenue improved from a year earlier.
October 19 -
Record deposit growth, improved expense management and strong revenue gains from mortgage banking boosted Umpqua Holdings profits in the third quarter.
October 19 -
Small banks have limited resources to address cybersecurity, but more are turning to advisers and auditors to develop strategies that can keep them safe and compliant.
October 19 -
Banc of California, the lender that's paying $100 million to sponsor a soccer stadium, rose in early trading Wednesday after moving up its quarterly earnings release following a report by an anonymous short seller that caused the shares to plunge a day earlier.
October 19 - Pennsylvania
Profits at Fulton Financial in Lancaster, Pa., surged 21% in the third quarter compared with a year earlier thanks largely to robust fee income growth and tight expense control.
October 18 -
CenterState Banks in Davenport, Fla., has agreed to buy Platinum Bank Holding Company in Brandon, Fla., in a $83.9 million cash-and-stock deal.
October 18





