Highlands Bankshares Inc. in Petersburg, W. Va., will combine the roles of chairman and chief executive in May.

MetroCorp Bancshares in Houston has revised its fourth-quarter earnings to reflect a $3 million goodwill impairment charge relating to a drop in its market value.

First Mariner Bancorp Inc. in Baltimore is looking to grow its mortgage business even as it continues to deal with elevated levels of loan losses and a shrinking balance sheet.

Last year, for the first time in anyone's recollection, there were no new bank charters approved, with the exception of three specifically blessed to acquire failed banks.

A trade group representing bank boards says directors have become "overwhelmed" by rules and regulations and is urging banking agencies and Congress to quickly take steps to ease their burden.

The Treasury Department in 2010 took a massive haircut on its investment in Pacific Capital and now stands to make roughly 90 cents on the dollar from the bank's sale to UnionBanCal. It's a reminder that taking your lumps early on problem assets can be beneficial.

Congress should repeal Sarbanes-Oxley to increase the flow of equity capital to micro- and small-cap public companies. Lawmakers also must increase the allotment for the SBA 7(a) program and guarantee it exists for the next three years.

A securities class-action lawsuit against Wilshire Bancorp Inc. in Los Angeles has been dismissed after the plaintiffs failed to file an amended complaint in the case.

Despite strong asset and deposit growth, First PacTrust Bancorp Inc. swung to a loss in the fourth quarter as the Irvine, Calif., company sharply increased its loan-loss provision to reflect both a surge in total loans and an increase in impaired loans.

ECB Bancorp Inc. will no longer buy the deposits and certain assets of seven North Carolina branches from Hampton Roads Bankshares Inc. in Norfolk, Va., after funding for the deal fell through.

The Treasury Department is planning a new strategy to recoup its Tarp investments: auctioning off outstanding preferred stock in six banks. The six are: Banner of Walla Walla, Wash.; First Financial of Charleston, S.C.; MainSource of Greensburg, Ind.; Seacoast in Stuart, Fla.; Wilshire in Los Angeles; and WSFS in Wilmington, Del.

Tom Grady resigns after eight months on the job to temporarily lead Florida's biggest insurer.

MB Financial Inc. in Chicago has repurchased $196 million of preferred shares issued to the Treasury Department as part of the Troubled Asset Relief Program.

The Federal Reserve's stress tests and capital decisions this week help clarify which banks can afford to buy, how much they can pay and which might need to sell.

Starved for growth, several community banks are putting aside distrust from the financial crisis to seek out partners for bigger commercial loans.

Two small Massachusetts mutual thrifts are planning to join forces in hopes of gaining the scale to better compete against larger banks.

The Federal Deposit Insurance Corp. is expected Tuesday to propose targeted changes to how banks with more than $10 billion of assets pay deposit-insurance premiums.

For the second time in less than a year, Colony Financial Inc. in Los Angeles has raised fresh capital through a stock offering.

Speaking at the annual Best Practices in Retail Financial Services Symposium, U.S. Bank CEO Richard Davis and Citizens Republic CEO Cathleen Nash urged retail bankers to consider a proactive approach to new industry regulations.

Northfield Bancorp Inc. in Avenel, N.J., has agreed to buy Flatbush Federal Bancorp Inc. in Brooklyn, N.Y., in a deal that will combine two mutual holding companies.