BofI Holding (BOFI) in San Diego reported its sixth consecutive quarter of record profits as an expansion of its balance sheet led to higher lending income.

Banc of California (BANC) earned $4.4 million, or 36 cents a share, in the second quarter, compared with a $739,000 loss a year earlier. The results topped the expectations of analysts polled by Bloomberg by 13 cents.

Online and mobile banking adoption continues to grow quickly, a national poll finds.

CoBiz Financial (COBZ) in Denver plans to retire $21 million in debt. The $2.7 billion-asset company is scheduled to retire the unsecured notes on Aug. 19, it said in a regulatory filing Tuesday.

Farmers & Merchants Bank of Long Beach (FMBL) in California has hired a chief operating officer.

Farmers & Merchants State Bank in Archbold, Ohio, has agreed to buy a branch from Croghan Colonial Bank in Fremont, Ohio.

Sterling Bank in Spokane, Wash. will allow customers to transfer money to and from accounts at other financial institutions for free.

Sussex Bancorp (SSBX) in Franklin, N.J., has completed a $7.2 million capital raise.

Carlile Bancshares plans to merge and rename its two Colorado banking units.

A former chairman of the failed Premier Bank in Wilmette, Ill., has been charged with fraud in what prosecutors say is the first criminal case tied to the Troubled Asset Relief Program.

Are banks destined to become trusted repositories for personal information as some pundits predict or is the notion utter nonsense? That was one hot topic of conversation during a recent Twitter Chat hosted by American Banker on the future of banking. The publication's BankThink editors discuss.

The Federal Reserve Board has terminated an enforcement action against Belt Valley Bank in Belt, Mont.

The Federal Deposit Insurance Corp.'s online training for community bankers now includes an eight-video module on how institutions can manage their exposure to fluctuating rates.

The bank wants to make acquisitions in central Florida, but CEO Michael Micallef keeps hitting snags with loan books, cultural fit and deal structure.

Allegiance Bancshares has agreed to buy the $220 million-asset Independence Bank. Both are in Houston.

Republic First Bancorp (FRBK) will allow customers to access funds at Allpoint Network ATMs without paying service fees.

BankFinancial (BFIN) in Burr Ridge, Ill., reported a decrease in quarterly profit because of lower net interest income.

Quarterly earnings at Meta Financial Group (CASH) in Sioux Falls, S.D., came in above analysts' estimates due to growth in revenue from loans and the company's payments system.