Community banking
Community banking
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Loan demand tracked the overall U.S. economy in June and the first half of July as growth was slight and spotty, the Federal Reserve Board reported Wednesday.
July 18 -
James Rohr, the Pittsburgh bank's CEO, swears off new deals after putbacks from former National City mortgages, added costs in integrating RBC USA acquisition and other deal-related ills hurt PNC's quarterly bottom line.
July 18 -
Jeremiah Norton expressed empathy for smaller banks during his first public remarks since joining the FDIC in April. Still, he rejected calls to delay implementation of Basel III capital requirements.
July 18 - Wisconsin
Heartland Financial (HTLF) will combine and rename two banks in Wisconsin under the name Wisconsin Bank & Trust.
July 18 -
On their face new brand identities may appear cosmetic, but they can also have a bottom-line payoff by distancing banks from anger customers feel over the financial crisis.
July 18 -
SMITHFIELD, R.I. — Navigant CU announced this afternoon it merging troubled Columbus CU, a $68 million in nearby Warren, R.I., with two branches.
July 18 -
The Federal Reserve Board has entered into a written agreement with TCB Holding that requires the Woodlands, Texas, company to serve as a source of strength for its bank.
July 18 -
The price tags are high at many of the community banks that are for sale, and their deposits are unappealing, says James Rohr, the chairman and CEO of the Pittsburgh bank.
July 18 -
Taylor Capital Group's (TAYC) second-quarter earnings surged as mortgage banking revenue increased.
July 18 -
PacWest Bancorp (PACW) posted a 21% jump in second quarter earnings from a year earlier as significant expense reductions and acquisitions took hold.
July 18 -
Flagstar Bancorp (FBC) in Troy, Mich., reported that it turned a profit for the first time in four years as noninterest income rose.
July 18 -
Camco Financial (CAFI) in Cambridge, Ohio, is looking to raise up to $10 million through a common shares rights offering to existing shareholders.
July 17 -
Fulton Financial reported higher quarterly earnings despite a decline in net interest income.
July 17 -
The Florida bank is eager to add loans after raising $5 million to surpass capital requirements from a 2011 consent order. It did so at a time when capital raising is on the decline.
July 17 - Alabama
Strong loan growth and improved efficiency powered ServisFirst Bancshares in Birmingham, Ala., to its 10th consecutive quarter of record earnings in the quarter that ended June 30.
July 17 -
The company is opening a loan production office in Wisconsin to focus on commercial loans. The reason? More than 300 banks are fighting for loans in Chicago, leading the local bank to look elsewhere for new business.
July 17 - New York
Provident New York Bancorp (PBNY) in Montebello, N.Y., has established a wealth management services division that will be led by of its top executives.
July 17 -
M&T Bank (MTB) reported a big drop in quarterly earnings Tuesday, but a close look shows that its Wilmington Trust acquisition is bearing fruit at the right time.
July 17 - New Jersey
Lakeland Bancorp (LBAI) in Oak Ridge, N.J., recorded higher second-quarter earnings as credit quality improved and loans increased.
July 17




