Community banking
Community banking
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BancorpSouth posted lower earnings from the first quarter after adjusting for lower valuations in its mortgage servicing rights, the company said Monday.
July 23 -
Second-quarter profit at Eagle Bancorp (EGBN) rose 57% from a year ago, as the Bethesda, Md.-based company grew its loan portfolio and gathered more fee income.
July 23 - Michigan
Fueled by increased fee income, Chemical Financial (CHFC) in Midland, Mich., posted its highest quarterly earnings per share in more than six years.
July 23 -
The Milstein family's recent sale of Emigrant Bank's New York branches shows how banks can innovate when they don't answer to a wide shareholder base.
July 23 -
S&T Bancorp's second-quarter profit fell 36% from the same quarter last year, to $8.6 million, as gains in fee income could not offset narrowing margins and an uptick in problem loans.
July 23 -
Northwest Bancshares (NWBI) in Warren, Pa., posted higher second-quarter earnings after delinquent and nonaccrual loans fell to their lowest levels in four years.
July 23 -
The Renton, Wash., company has spent more than $600,000 to fight an big outside investor, highlighting the cost of duking it out with irate shareholders.
July 23 - Washington
Strong gains in fee income combined with improved asset quality powered West Coast Bancorp in Lake Oswego, Wash., to a $6 million profit in the second quarter, up 30% from the same period in 2010.
July 23 -
ALEXANDRIA, Va. – Pentagon FCU announced this morning its Prudential PenFed Realty CUSO has acquired Prudential Professional Realty in Clarksville, Tenn., an independent franchise outside the Fort Campbell, Kentucky, military base, which has been rebranded as Prudential PenFed Realty.
July 23 -
Howard Bancorp in Ellicott City, Md., has raised $10.2 million through a public offering and private placement of common stock.
July 23 - Hawaii
Lower noninterest expenses and a declining provision for credit losses led Bank of Hawaii (BOH) in Honolulu to second-quarter net income of $40.7 million, up almost 16% from a year earlier.
July 23 -
Bank sellers and buyers are seeing a steady pickup in business, including separate deals last week by Emigrant and WesBanco.
July 23 -
Metro Bancorp (METR) in Harrisburg, Pa., reported its most profitable quarter in nearly four years in the three months that ended June 30 as the company saw a modest increase in loans and revenues and continued to reduce its overhead.
July 23 -
Higher earnings at People's United Financial could not prevent analysts from heavily questioning management on the company's lower net interest margin during a conference call.
July 23 -
Two banks owned by Mercantile Bancorp in Quincy, Ill., were among five failures on Friday, one of the busiest nights for closures in recent weeks.
July 20 -
The Indiana bank states that it has made major strides since deficiencies were identified more than a year ago.
July 20 - Washington
Anchor Bancorp (ANCB) in Lacey, Wash., will increase its fiscal-year fourth-quarter loan-loss provision by $1.1 million, leading to an expected loss for the period.
July 20 -
Umpqua executives were scratching their heads Friday over the sudden drop in the company's stock price following what appeared to be a strong earnings report this week. TCF, PacWest and Associated also saw slides.
July 20 -
Trade association chief says group polled members and decided allowing the coverage to continue would reduce uncertainty. But group's position still differs from ICBA's proposed five-year extension.
July 20



