NHB Holdings in Cottonwood Heights, Utah, has raised $7.6 million in fresh capital.

It may be hard for banks like Toronto-Dominion and New York Community to resist trying to outbid M&T for Hudson City, which agree to sell itself for a relatively low-priced offer.

Gulf Coast bankers say they were better prepared to handle the onslaught of Hurricane Isaac, which slammed into Louisiana on Wednesday. Bankers are better prepared seven years after Katrina battered the Gulf Coast, learning how to run their banks remotely and keeping plenty of cash on hand.

The central bank's most recent Beige Book finds disparities both between and within regional districts about the appetite for new loans.

The Treasury Department has released an infographic outlining how the financial reform legislation helps to strengthen Main Street banks. Do you agree Dodd-Frank creates a level playing field for financial institutions?

The new employment agreement with veteran banker John Kanas comes just weeks after reports surfaced that the Florida company was again weighing offers to sell.

Cordia Bancorp will invest $3 million to consolidate control of Bank of Virginia in a move Jack Zoeller, Cordia's CEO, says will position the company to make acquisitions and raise capital.

First Community Financial Partners in Joliet, Ill., will combine its four banks under a single charter to increase the availability of products at each one.

Lakeland Bancorp (LBAI) is planning to raise more than $25 million through two offerings.

Eastern Federal Bank of Norwich, Conn., has applied to the Connecticut Department of Banking to switch from a federal charter to a state charter.

FDIC's Quarterly Banking Profile shows broad improvements in the number of institutions making more loans. But with rock-bottom interest rates squeezing margins, banks yet again looked toward reduced loss provisions to drive earnings.

The Office of the Comptroller of the Currency has released PVF Capital's (PVFC) bank unit from an enforcement order after the Solon, Ohio, bank met capital requirements.

Hampton Roads Bankshares finds itself between a rock and a hard place. As a Tarp participant, it has refused to pay severance to several former executives. Several of those officers, including former CEO Jack Gibson, filed lawsuits asserting that their employment contracts preempt the Tarp prohibition.

The Bank of Birmingham in Michigan has joined an increasing group of bankers delving into equipment financing, saying it will offer financing on "most equipment types" such as manufacturing and transportation.

Naugatuck Valley Financial (NVSL) in Connecticut is expecting to record its third consecutive quarterly loss after writing down roughly $5.3 million on five loans during the current quarter.

Peter Humphrey is immediately retiring from the bank its holding company to spend more time with family and pursue other interests.

A breakdown of M&A announcements in the financial services industry for the week ended August 25.

IMGCAP(1)]

BB&T (BBT) will close 21 branches as it works to ingrate the recently acquired BankAtlantic into its operations.

S&T Bank in Indiana, Pa., has expanded its commercial loan business into northeast Ohio by opening an office in Akron.