Community banking
Community banking
- North Carolina
BNC Bancorp (BNCN) has readied itself in case the Treasury Department opts to include the High Point, N.C., company's shares in an upcoming auction of securities tied to the Troubled Asset Relief Program.
August 6 -
Monarch Bank in Chesapeake, Va., will launch a new wealth management unit as it looks to expand in Virginia.
August 6 - Texas
International Bancshares (IBOC) in Laredo, Texas, posted lower quarterly earnings because of shrinking margins and changes in the regulatory environment.
August 6 -
Eagle Bancorp (EGBN) in Bethesda, Md., has filed a new shelf registration that would allow it to raise up to $125 million.
August 6 -
Low prices and growth opportunities are luring mid-cap buyers from neighboring states to the failure-ravaged Southeast.
August 6 - Missouri
A small Kansas bank will significantly increase its assets with a deal for an even smaller Missouri bank.
August 6 -
First PacTrust Bancorp (BANC) suffered some growing pains in the second quarter on higher noninterest expenses.
August 6 -
Illinois state regulators closed $88.9 million-asset Waukegan Savings Bank, the fortieth failure of the year nationwide and the sixth in the state.
August 3 -
A private-equity firm has plans to acquire a large stake in TriState Capital Holdings, a Pittsburgh company cofounded by a former state regulator.
August 3 -
First California CEO C.G. Kum has already received a hostile offer from PacWest's Matt Wagner, and other bidders — including U.S. Bancorp, Umpqua and City National — could join the fray.
August 3 -
It took more than a year for First PacTrust, which was new to the M&A game, to get banking regulators to approve its deal for Gateway Bancorp. The deal is scheduled to close in two weeks.
August 3 -
Across the industry, the formation of new credit problems has fallen to pre-recession levels. Assets continued to sour at a troubling pace at some banks in the second quarter of 2012, however.
August 3 -
City Holding of West Virginia is buying Community Financial, which had a 120% loan-to-deposit ratio at March 31. The deal allows City Holding solve an issue plaguing many community banks: how to find loans to offset record deposit growth.
August 3 -
Citizens Republic Bancorp Inc. (CRBC), the Michigan lender that has yet to repay a $300 million U.S. government bailout, is soliciting takeover bids from competitors, said three people with knowledge of the matter.
August 3 -
CertusBank has agreed to buy Myers Park Mortgage, a private mortgage company in Charlotte, N.C.
August 3 -
OceanFirst Financial announced Friday that its president and chief operating officer, Vito R. Nardelli, is stepping down at the end of August "to explore various professional and personal opportunities."
August 3 -
FHFA nixes principal reductions; Democrats seethe but bankers cheer DeMarco; end in sight for refi boom.
August 3 -
City Holding in Cross Lanes, W.Va., continues to bulk up in Virginia, announcing late Thursday that it is buying Community Financial in Staunton for $26.1 million in stock.
August 3 -
Community Bank System will close five branches in September. Three of the targeted branches are ones that First Niagara acquired from HSBC and then sold to Community Bank in July.
August 2 - Minnesota
The banking unit of American Bancorporation in St. Paul, Minn., has plans to shutter at least its third branch of the year by the end of this month.
August 2




