Community Bank in Pasadena, Calif., said Tuesday that it has named Lyle Knight, a former CEO of First Interstate BancSystem in Billings, Mont., to its board.

Middleburg Financial in Middleburg, Va., is facing pressure from its biggest shareholder to find a buyer.

Several small and midsize banks generated large year-over-year loan growth despite a belief by some outsiders that a slowdown was looming. Bankers may have to spend coming months assuring investors that they can keep booking loans while adequately managing risk.

Farmers Bank in Frankfort, Ind., has named a new chief executive, after its previous leader died of cancer.

Richard Krauland will retire later this year as chief executive of NexTier Bank in Butler, Pa., after leading the institution through two mergers and name changes.

Summit State Bank in Santa Rosa, Calif., has a new chief executive.

Community banks are at a crossroads as they face a threat from alternative lenders and the need to stay true to the traditional bank model. What they should do?

Porter Bancorp in Louisville, Ky., used part of $5 million it raised in a private placement to become current on interest payments on some debt holdings.

William Penn Bancorp in Levittown, Pa., is facing pressure from an activist to conduct a mutual conversion.

Carver Federal Savings Bank in New York announced a loan program for small businesses on Monday.

Peoples Bancorp in Prairie Du Chien, Wis., has agreed to buy four branches in Wisconsin from FirstMerit.

OneUnited Bank, a minority-owned institution in Boston, will close two branches in California, or about a quarter of its total branch network.

Sequatchie Valley Bancshares in Dunlap, Tenn., has agreed to buy Franklin County United Bancshares in Decherd, Tenn.

All the noise over the impact of the Current Expected Loss Model is paralyzing bankers from taking reasonable and practical steps to prepare for the new accounting standard.

Dime Community Bancshares has agreed to sell its headquarter building in Brooklyn for $12.3 million.

Cyberthieves using malicious software discovered by IBM Security have stolen $4 million from business customers of two dozen financial services providers this month, IBM said.

Investors are quickly choosing sides in a proxy battle at Financial Institutions in Warsaw, N.Y.

Meridian Bank in Malvern, Pa., has raised $13.8 million through a sale of common stock.

United Community Financial in Youngstown, Ohio, has hired a JPMorgan Chase executive to be in charge of its technology.

The $973 million-asset bank will build one of its first stand-alone branches this year in Fairway, Kan., in the metro Kansas City area. Most of Academy's 88 branches are located inside Walmart stores.