The Federal Deposit Insurance Corp. took enforcement actions against six banks last month that tied to their capital, compliance and financial condition, according to a series of orders released Friday.

BNC Bancorp (BNCN) in Thomasville, N.C., plans to buy back its Troubled Asset Relief Program shares from investors who bought them in a Treasury Department auction last summer.

Patience is wearing thin among investors with banks' lack of prospects for producing returns, as a hedge fund official's call for the sale of American River in California shows.

As the Consumer Financial Protection Bureau works on finalizing mortgage rules, Kelly Cochran, the assistant director for regulations, says it is taking concerns about burdens on small lenders and access to credit "very seriously."

HCBF will merge BSA Financial's $168 million-asset Bank of St. Augustine into Harbor Community Bank when the deal closes, the companies said Friday.

Jacksonville Bancorp is preparing to offer shareholders the right to buy $5 million of stock. The $565 million-asset company said Friday that it will give shareholders the right to buy stock for 50 cents a share, the same pricing of a $50 million private placement in that concluded last December.

Hancock Holding in Gulfport, Miss., has raised the ire of analysts and investors in an unusual way — by unveiling a plan to cut costs over the next two years.

Provident Financial Services (PFS) in Iselin, N.J., reported lower quarterly earnings as margins tightened and noninterest income fell.

Central Pacific Financial (CPF) in Honolulu reported a jump in first-quarter profit as its asset quality improved and it recorded a tax benefit worth nearly $120 million.

Iberiabank (IBKC) in Lafayette, La., eked out a profit in the first quarter despite a series of large charges. The $12.9 billion-asset company earned $697,000, compared with $19.4 million a year earlier.

Rising revenue propelled first-quarter results at Sterling Bancorp (STL) in New York. Earnings at the $2.8 billion-asset company rose 13% from a year earlier, to $5.3 million, or 17 cents a share.

The chief credit officer of SVB Financial Group (SIVB) in Santa Clara, Calif., is moving to China.

Dime Community Bancshares (DCOM) in Brooklyn, N.Y., reported a small increase in quarterly profit.

The Financial Stability Oversight Council on Thursday identified several significant areas of concern, including operational risks like cybersecurity, overreliance on wholesale funding, and the impact of low interest-rates.

The Federal Reserve Board has hit two Midwest banks — Freedom Bank in Tulsa, Okla., and Freedom Bancorp. in Lindstrom, Minn. — with enforcement orders.

Jim Rohr says cybersecurity is one of the biggest issues banks face. The frequent distributed denial-of-service-attacks on banks' web servers that have occurred since September are doing more than disrupting service.

Triumph Bancorp in Dallas was on the hunt for a cheaper and more stable deposit base and found it in National Bancshares, an Iowa company that needed common equity.

Mark Jamison of Capital One envisions a future in which financial services companies mimic Apple and other tech giants, turning bureaucracies into plug-and-play digital platforms.

TowneBank (TOWN) in Suffolk, Va., reported record quarterly profit driven by mortgage-banking and insurance revenue.

Banner Corp. (BANR) in Walla Walla, Wash., has named an executive from the world of philanthropy to its board.