Gibraltar Private Bank & Trust has dismissed its chief executive as the Coral Gables, Fla. company continues to deal with the fallout from its ties to a lawyer convicted of running a $1.2 billion Ponzi scheme.

Roughly two months after putting itself up for sale after its plan for raising fresh capital fell through, BancTrust Financial Group in Mobile, Ala., has found a buyer.

The Office of the Comptroller of the Currency has replaced an order between North American Savings Bank and the Office of Thrift Supervision with one of its own.

Some lawmakers are seething at the huge pay package handed out to a former CEO of Liberty Mutual Insurance. Their response has been to introduce new proposals on pay for mutual insurers, which could eventually apply to other financial institutions.

Lafayette, La., and Washington are over 1,000 miles apart, but Rusty Cloutier, the founder and chief executive of MidSouth Bancorp, keeps the nation's capital top of mind.

First Bancshares of Kansas City, Kan., agreed to sell a controlling stake to an investment group led by David Spehar, the former chief executive of another Kansas City community bank.

Broadway Financial of Los Angeles said it had received a warning letter about its failure to meet listing requirements. It has not yet filed its first-quarter results with the Securities and Exchange Commission.

The Renton, Wash., company has yet to announce the results of Thursday's vote, but an activist investor believes his group has won and warns that First Financial could challenge the outcome. Stilwell is attempting to oust Victor Karpiak, the company's chairman and CEO.

A founding director of Santa Clara Valley Bank has been elected as chairman. Scott K. Rushing replaces Ralph Rueda De Leon, who has served as chairman for the last three years. Additionally Elias F. Valdes was elected as vice chairman.

Bank dealmaking is no place for vanity, MidSouth CEO Rusty Cloutier says. Sellers need to get real about their prospects, and buyers and sellers need to look beyond face value and short-term valuations, he says in a Q&A.

The Office of the Comptroller of the Currency has lifted an agreement against Stillwater National Bank and Trust in Payne, Okla.

First Republic Bank in San Francisco is planning to raise $150 million through a preferred stock offering.

Problem loans continue to haunt Riverview Bancorp (RVSB). The Vancouver, Wash., company on Friday restated its results from last quarter and increased its loan-loss provision for the third time in recent months.

The veteran football player will join the Lafayette, La., company's advisory board. Delhomme started his pro career with the New Orleans Saints.

Two small Pennsylvania banks — First Priority Financial of Malvern and Affinity Bancorp of Wyomissing — have announced a deal that would create a 10-branch bank outside Philadelphia.

The acquisitive bank in Lafayette, La., benefits from having executives who have lived all over in their careers - but constant relocation can test a marriage, Chief Executive Daryl Byrd says.

As the potential end of unlimited deposit insurance for noninterest bearing accounts nears, industry observer weigh in on what could to happen to those deposits. Some see the Dec. 31 end of the program as a 'litmus test' for Too Big To Fail and an opportunity for smaller banks.

A small Florida bank has refused to sign an enforcement order that would require it to beef up its capital reserves and reduce its risk, and now its state regulator is asking the courts to step in.

Harvard Illinois Bancorp's management and board have prevailed in their proxy battle with an activist investor.

Bank of Kentucky Financial (BKYF) had named Herbert H. Works to succeed Rodney S. Cain as its chairman.