First South Bancorp in Washington, N.C., is purging a series of bad loans.

Bank of Commerce Holdings (BOCH) in Redding, Calif., has elected two directors after the death of its chairman.

Shareholders of NewBridge Bancorp (NBBC) have authorized a series of changes to the Greensboro, N.C., company's stock related to a recently completed $56 million capital raise.

United Community Banks in Blairsville, Ga., has amended its fourth-quarter and 2012 results to reflect a legal settlement.

First Sound Bank (FSWA) in Seattle has bought back its Troubled Asset Relief Program shares after raising nearly $8 million.

The $121 billion-asset company based in Birmingham, Ala., said Thursday that Grayson Hall, the company's chief executive, will succeed Earnest Deavenport Jr. as chairman when Davenport retires on May 16.

Thomas Petro discusses how proactive changes might have kept the Pennsylvania company from failing.

George Washington is a great role model for kids and might have had second thoughts about today's financial forms, says Frank Keating, the CEO of the American Bankers Association and author of a kids book about the first president.

Citigroup, Bank of America and Wells Fargo hauled in the most medals in Corporate Insight's annual comparison of banks' websites, but smaller players such as KeyBank and Ally Bank also made an impression.

Will the Financial Stability Oversight Council be successful at spotting threats before they cause a financial crisis or will it instead create "regulatory hazard" in the form of a false sense of security?

Monarch Financial (MNRK) in Chesapeake, Va., is getting rid of preferred stock it issued in 2009.

Broadway Financial in Los Angeles has unloaded a package of loans in an effort to boost its asset quality.

Financial Institutions (FISI) has ended its months-long search for a new chief executive with the promotion of an insider.

The founder and chief executive of Bankers' Bank Northeast in Glastonbury, Conn., is retiring.

A regulatory plan that changes how banks must account for holdings on their books is stirring anxiety in the financial services industry that it may force banks to make a premature decision about what they intend to do with an asset.

Two large community banks merging in South Carolina could create the next Southeast regional player and acquirer of choice.

Less than a year after stepping down as chairman of Atlantic Coast Financial (ACFC) in Jacksonville, Fla., Jay Sidhu is seeking to oust three members of the company's board and replace them with a new slate of directors.

More regional and community banks have selling noncumulative perpetual preferred stock to bolster Tier 1 capital and fund expansion.

First Financial Bankshares (FFIN) in Abilene, Texas, has agreed to buy Orange Savings Bank in Orange, Texas.

Securant Bank in Menomonee Falls, Wis., has agreed to sell its trust business to an Illinois bank.