Community banking
Community banking
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Community banks are reporting first-quarter declines in net interest income despite increased lending. Low rates and competition are to blame.
April 25 -
Beneficial Mutual Bancorp in Philadelphia is the subject of a governmental investigation into its residential real estate lending.
April 25 -
A reduced reimbursement from regulators weighed on quarterly results at First Financial (FFBC) in Cincinnati.
April 25 -
Two federal regulators — the FDIC and the OCC — issued guidance on deposit-advance products that establish strict underwriting standards for payday loans offered by banks and any related third-party vendor.
April 25 -
Park Sterling in Charlotte, N.C., said it is on the hunt for bank acquisitions as it reported a record quarterly profit.
April 25 -
Improved asset quality and lower expenses lifted Columbia Banking System (COLB) in the first quarter.
April 25 -
BBCN Bancorp in Los Angeles has hired a former chief executive of Hanmi Financial and Wilshire Bancorp to lead its bank.
April 25 -
Yadkin Valley Financial in Elkin, N.C., tapped fee income to return to profitability.
April 25 -
Higher revenue and lower expenses lifted United Bankshares (UBSI) inn Charleston, W.Va., in the first quarter.
April 25 -
Sens. David Vitter and Sherrod Brown are courting a key constituency — small banks — that they hope can help build support for their legislation to tackle "too big to fail."
April 24 -
Oriental Financial Group (OFG) in San Juan, Puerto Rico, is being rebranded as OFG Bancorp.
April 24 -
Promontory Financial Group has hired Linda Gallagher, the head of KPMG's financial services regulatory department, as head of its consumer protection practice.
April 24 -
High-profile investor Jay Sidhu says he still plans to vote against the sale of Atlantic Coast in Jacksonville even though Bond Street has agreed to pay shareholders $5 a share up front, instead of withholding $2 a share for a year to cover litigation costs.
April 24 -
Monarch Financial Holdings (MNRK) in Chesapeake, Va., has made five executive promotions, including the appointment of a new chief credit officer
April 24 -
BankUnited (BKU) in Miami Lakes, Fla., reported solid growth in interest income as it began its expansion into the New York City market.
April 24 -
A number of community banks reported higher noninterest expenses in the first quarter as they sought out ways to book more loans and charge more fees.
April 24 -
Bank of Marin Bancorp in Novato, Calif., is looking for a chief financial officer.
April 24 -
Jacksonville Bancorp (JAXB) in Florida has made Donald Glisson its chairman.
April 24 -
Rurban, a $641 million-asset company, has renamed itself SB Financial Group and will trade under the stock symbol "SBFG" starting on Wednesday.
April 24 -
Triumph Bancorp in Dallas has agreed to National Bancshares in Bettendorf, Iowa.
April 24



