The Troubled Asset Relief Program will cost taxpayers less than expected.

The banking industry earned a record $40.3 billion in the first quarter as rising noninterest income and the continued drop in loss provisions made up for declines in interest-related income, the Federal Deposit Insurance Corp. said Wednesday.

Skowhegan Savings has agreed to buy five branches from fellow Maine lender Camden National Corporation.

A decade after changing its name to reflect a broader geographic reach, ISB has reverted to its former name, Ixonia Bank.

A Chilean bank's plan to keep the Miami bank intact is a better outcome for the market than a sale to an existing regional bidder, industry observers say.

The long-held notion that community banks, by definition, provide exceptional customer service is getting debunked.

It didn't take long for Live Oak to explode onto the SBA lending scene. Though it has just $330 million in assets, CEO Chip Mahan's latest banking venture trails only Wells Fargo and U.S. Bank on the government's list of the most active SBA lenders.

A federal jury convicted three former executives at the failed Bank of the Commonwealth in Norfolk, Va., of hiding the bank's bad assets for their own gain.

Anchor BanCorp Wisconsin (ABCW) in Madison lost $17.5 million in the first quarter despite an improvement in credit quality.

As long as your corporate social responsibility program is a true effort to give back, it can pay huge dividends for everyone involved.

Nasdaq has warned Naugatuck Valley Financial (NVSL) in Connecticut that it is in violation of the exchange’s rules because of a delay in filing its latest quarterly report.

Chilean bank Banco de Credito e Inversiones has agreed to buy the $4.7 billion-asset City National Bank of Florida from Spain's Bankia for $882.8 million.

The company plans to place a greater emphasis on commercial banking in cities such as Houston and Jacksonville, Fla.

Higher turnout at annual meetings and new SEC reporting rules are forcing bankers and activist shareholders to spend more time, money swaying voters in proxy fights.

The $225 million-asset Goldthwaite is buying First National Bancshares in Hico, Texas. Terms of the deal were not disclosed.

Hancock Holding in Gulfport, Miss., will close roughly a fifth of its branches as investors press management to cut costs.

Banks have been blaming one another for recklessly chasing business loans. Data on portfolio yields and growth offers perspective on which ones are being the most aggressive.

Bank of the Ozarks (OZRK) in Little Rock, Ark., is constructing a regional headquarters in Florida.

Talbot Bank in Easton, Md., has signed a consent order with the Federal Deposit Insurance Corp. and its state regulator, effective Friday.

Sharp bookkeepers could spot a kite in progress, but, more often than not, they were too hurried to give the ledgers a second look.