Community banking
Community banking
- Pennsylvania
Shares of S&T Bancorp (STBA) fell sharply Monday after the Indiana, Pa., company reported first-quarter earnings that missed estimates by a wide margin.
April 23 -
Riverview Bancorp of Vancouver, Wash., expects to record its second consecutive quarterly loss after significantly increasing its loan-loss provision.
April 23 - Hawaii
Bank of Hawaii (BOH) of Honolulu reported first-quarter earnings of $43.8 million, up roughly 3% from a year earlier, as loan balances rose and credit quality improved.
April 23 -
Fueled by record revenues from mortgage banking, Washington Trust Bancorp (WASH) in Westerly, R.I., reported a record $8.4 million profit in the first quarter, an increase of 24% over the same period in 2011.
April 23 -
Federal regulators ended a three-week hiatus by shuttering a small New Jersey thrift on Friday.
April 20 -
Annual meetings held by Citi and Bank of New York Mellon have been shaken by investor dissent over executive pay, and observers anticipate more rebukes in the coming month.
April 20 -
Republic Bancorp booked a $28 million bargain purchase gain on its purchase of the failed Tennessee Commerce Bank. The company is now looking for other deals as it searches for ways to augment revenues it will lose from ending a controversial tax.
April 20 -
A Kent, Wash., credit union joins peers from California and Michigan in opposing legislation that would allow non-profits to more than double their commercial lending.
April 20 -
Park National (PRK) in Newark, Ohio, announced Friday that it will repay the $100 million it received from the government's Troubled Asset Relief Program by issuing new debt and reducing its short-term investments.
April 20 - Arizona
Western Alliance Bancorp.'s (WAL) shares were up more than 3% Friday after the Phoenix company reported that its first-quarter income more than tripled from a year ago.
April 20 -
Glacier Bancorp (GBCI) in Kalispell, Mont., is off to a strong start in 2012 and its chief executive is optimistic that its performance will only improve as the company streamlines its operating structure and continues to shed problem assets.
April 20 -
Lower expenses and better credit quality led National Penn Bancshares of Boyertown, Pa., reporting a 62% increase, to $25.3 million, year over year in its first quarter earnings.
April 20 -
City National (CYN) in Los Angeles is eyeing acquisitions of both banks and asset management firms and its chief executive has no preference for one over the other.
April 20 -
Supporters of allowing more business lending by credit unions get nods from a consumer group and a group of conservatives and free-market organizations. Meanwhile, a Michigan credit union joins banks in opposing the measure.
April 19 - Wisconsin
Associated Banc-Corp (ASBC) of Green Bay, Wis., is coming off its most profitable quarter since before the financial crisis.
April 19 - Arkansas
Simmons First National (SFNC) of Pine Bluff, Ark., reported a first-quarter profit of $6.4 million, up roughly 25% from a year earlier as its loan-loss provision fell.
April 19 -
Before the financial crisis, having a 1% ratio of nonperforming assets to total assets was the baseline between good and bad banks. In the new normal, breaking that glass bottom appears to be the new goal for greatness.
April 19 - Minnesota
TCF Financial (TCB) reported its first quarterly loss in 17 years Thursday after it restructured its balance sheet to eliminate high-cost debt.
April 19 -
One of the most aggressive bank acquirers in the Southeast has brought in a longtime community banker to help it identify future deals.
April 19




