Community banking
Community banking
- 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 -
First Niagara Financial Group's (FNFG) first-quarter profit rose, as the bank boosted its commercial lending and picked up more checking account customers.
April 19 - Illinois
The $4.7 billion-asset parent of Cole Taylor Bank swung to a $7.7 million profit in the first quarter from a $2 million loss in the same period last year, thanks largely to a surge in mortgage lending.
April 19 -
BB&T has dedicated more resources to courting big borrowers, and its expansion in Texas via M&A is paying off, CEO Kelly King says.
April 19 -
Fueled by acquisitions and strong organic loan growth, People's United Financial (PBCT) in Bridgeport, Conn., said Thursday that it earned $58.8 million in the first quarter, up 36% from the same quarter in 2011.
April 19 -
Consumers are more disappointed with bank fees, but that frustration has been largely offset by more positive experiences at branches and ATMs, according to a new survey by J.D. Power and Associates.
April 19 -
In October of last year the acting chairman of the FDIC said at the annual ABA meeting, "the FDIC is going to undertake a number in initiatives to further our understanding of the challenges and opportunities for community banks."
April 19 -
Larry Hattix believes that adding outside bureaucracy "will significantly delay exam processing and corrective actions," while making it more difficult for regulators to intervene when problems arise at banks and thrifts.
April 18 -
Increased mortgage banking revenue helped lift first-quarter profit at Umpqua Holdings (UMPQ) of Portland, Ore.
April 18 -
Two New England banking companies are getting closer to requiring their directors to stand for election yearly.
April 18 - Maryland
Annapolis Bancorp (ANNB) has repaid half of the $8.2 million it owed the Treasury Department under the Troubled Asset Relief Program.
April 18 - Kentucky
S.Y. Bancorp (SYBT) in Louisville, Ky., posted record earnings in the first quarter even as its loan portfolio is beginning to show some cracks.
April 18 -
New York Community Bancorp Inc. on Wednesday posted a 76% first-quarter jump in mortgage banking revenue from a year earlier, as the bank saw robust growth in multi-family and commercial real estate loans.
April 18 -
PacWest Bancorp of Los Angeles said Wednesday that its first-quarter earnings fell 50% from a year earlier, to $5.3 million, due to largely to costs related to prepaying $225 million of fixed-rate term Federal Home Loan Bank advances.
April 18 - Virginia
A surge in mortgage lending powered Cardinal Financial (CFNL) in McLean, Va., to a $7.7 million profit in the first quarter, an increase of nearly 47% from the same period in 2011.
April 18 -
A proxy battle at First Financial Northwest has gotten nasty after an activist investor labeled the company's leaders as "idiots" who are "deficient in judgment or lacking in character."
April 18




