The burden on small banks from a new escrow rule for higher-priced mortgages should be relatively small, according to guidance released by the Consumer Financial Protection Bureau on Friday.

The Federal Deposit Insurance Corp. has lifted a regulatory order from Macatawa Bank (MCBC) in Holland, Mich.

Associated Banc-Corp of Green Bay, Wis., has made significant strides in its bid to become more efficient, but CEO Philip Flynn admits it has much more work to do.

Revenue is expected to strengthen at least a little in the second quarter, but cost-cutting is here to stay until the economy really improves.

Carolina Bank Holdings (CLBH) in Greensboro, N.C., has completed its exit from the Troubled Asset Relief Program.

Carver Bancorp (CARV) in New York will recruit out-of-work public-housing residents to work in its branches through a program funded by Morgan Stanley (MS).

The Office of the Comptroller of the Currency's has decided that trust-only banks must first get FDIC insurance, a move that may drive greater interest in state trust charters and subject some parties to a federal freeze on nonfinancial firms owning limited-purpose banks.

The Buffalo, N.Y., company is content to book loans and cut costs rather than expand aggressively with acquisitions.

Mutuals are evaluating proposed legislation that would create a new type of preferred stock and create a federal charter that allows for more commercial lending.

Shares of City National rose slightly Friday after the Los Angeles company reported strong first-quarter loan growth and good expense management.

Computers, as fast that they may be, fail to provide depositors with the same quality service as the NCR 2000.

First Niagara Financial Group (FNFG) in Buffalo, N.Y., generated higher earnings in its first quarter since the ouster of its chief executive.

National Penn Bancshares in Boyertown, Pa., lost more than $17 million in the first quarter after restructuring its debt.

Taylor Capital Group's quarterly profit rose as revenue from its mortgage-banking operations remained strong.

A rise in fee income and interest lifted first-quarter results at Colony Bankcorp (CBAN) in Fitzgerald, Ga.

A lack of growth in core deposit-taking and lending in the first quarter bodes ill for an industry that's still struggling to regain its post-crisis footing. The disappointing numbers are likely to intensify banks' push to expand into businesses like wealth management and auto lending.

SunTrust Banks in Atlanta relied heavily on expense cuts to generate higher earnings compared with a year earlier.

CrossFirst Holdings in Leawood, Kan., has agreed to buy Tulsa National Bancshares in Oklahoma.

The executive suite at Texan Bank in Sugar Land, Texas, has become a family affair. The $80.7 million-asset bank recently named veteran banker Kenneth Koncaba Jr. chief executive officer.

Salem Five Cents Savings Bank has set up a fund to support the family of Martin Richard, the 8-year-old boy killed in the Boston Marathon bombing.