Community banking
Community banking
- Washington
HomeStreet in Seattle has added more banking experience to its board. The $3 billion-asset company recruited Timothy Chrisman, a former chairman of the Banc of California, to serve as a director.
July 23 - Pennsylvania
The chief executive of Univest Bank and Trust in Souderton, Pa., is retiring after 43 years with the company.
July 23 -
Quarterly profits plunged at Hudson City Bancorp in Paramus, N.J., last quarter as it awaits regulatory approval to be sold to M&T Bank.
July 23 -
First Commonwealth's quarterly profit more than doubled, largely because of significant improvement in credit quality.
July 23 - New York
CEO Joe Ficalora says the thrift has ways it can buy time to announce a transformative acquisition or benefit from a change in the definition of what it requires to be a systemically important institution. With OneWest off the table, industry observers wonder if the thrift can find the deal its been looking for.
July 23 -
A deal between two Massachusetts banks is expected to close ahead of schedule after the selling bank's shareholders approved it Tuesday.
July 23 - Missouri
UMB Financial in Kansas City, Mo., relied on strong investment-services and other fees to boost earnings last quarter.
July 23 -
Chemical Financial's profits surged in the second quarter compared to last year, due to strong loan growth and fewer chargeoffs.
July 23 - Michigan
Flagstar Bancorp in Troy, Mich., reported quarterly earnings that significantly surpassed Wall Street's expectations.
July 23 - Pennsylvania
Shares of Fulton Financial fell early Wednesday after the Lancaster, Pa., company reported second-quarter results that missed expectations.
July 23 -
Metro Bank Chairman Vernon Hill compared his banks's focus on innovation to what Apple achieved in the technology industry, as it looks to take on Britain's biggest lenders.
July 23 -
New York Community Bancorp's quarterly profit slipped from a year earlier despite strong loan growth and gains from property sales.
July 23 - Pennsylvania
F.N.B. in Pittsburgh is reaping the benefits of its recent expansions into other major cities. The $15 billion-asset bank reported a second-quarter profit of $34.8 million, an increase of 19% from the year-earlier period.
July 22 -
Sixteen banks, along with John Eggemeyer and Tim Chrisman, raised $6.3 million to keep the Hispanic-focused bank from failing.
July 22 -
Codorus Valley Bancorp in York, Pa., has agreed to buy Madison Bancorp in Baltimore.
July 22 - North Carolina
ASB Bancorp in Asheville, N.C., has repurchased a block of stock from funds tied to activist investor Joseph Stilwell.
July 22 -
Mercantile Bank in Grand Rapids, Mich., reported a significant decline in earnings that was largely tied to merger-related costs.
July 22 - West Virginia
City Holding in Charleston, W.Va., reported slightly lower quarterly profit because of a shrinking net interest margin and fewer gains from prior acquisitions.
July 22 - Florida
Profits at Capital City Bank Group nearly doubled in the second quarter as the Tallahassee, Fla., company continued to shed problem assets.
July 22 - Georgia
The Georgia company is also planning a marketing campaign to promote its brand and expanded technology offerings.
July 22


