Community banking
Community banking
- Texas
International Bancshares Corp. in Laredo, Texas, reported that its fourth-quarter earnings fell less than 1% from a year earlier, to $27 million, as both income and expenses declined.
February 27 -
An activist investor resigned from the board of First Financial Northwest after just five weeks when his demands for austerity measures were tabled. The investor, who is now planning a proxy fight, had asked that the company serve only hard candy at annual meetings, among other demands.
February 27 -
Flagstar Bancorp Inc. reported $29.1 million more in losses for the fourth quarter and full year after agreeing to pay up to $133 million to settle claims regarding loans insured by the Federal Housing Administration.
February 27 -
Extending the law that provides unlimited deposit insurance on non-interest bearing demand deposits would send a signal that just maybe the industry is not fully healthy and still needs support.
February 27 -
Prosperity Bancshares Inc. in Houston has struck another deal in Texas, announcing Monday that it would buy American State Financial Corp. in Lubbock for about $528 million in cash and stock.
February 27 -
The Dime Savings Bank of Williamsburgh announced that it intends to convert from a federally chartered thrift supervised by the OCC to a state-chartered thrift to be supervised by New York State Department of Financial Services.
February 27 -
An edgy anti-bank message can work well in social media marketing, but only if it also conveys a better alternative from the company behind it.
February 27 -
Revenue at M&T's big acquisition remains steady but profits are not as strong as some expected nine months later.
February 27 -
Nearly two years after receiving a $200 million infusion from a group led by WL Ross & Co. to execute a roll-up strategy in the Midwest, Talmer Bancorp has received a second serving of capital to help it bankroll further deals.
February 26 - Minnesota
Two banks failed on Friday, with the Federal Deposit Insurance Corp. only finding a buyer for one of the fallen institutions.
February 24 -
Schaller Equity Partners discloses plans to nominate five directors, escalating a nearly yearlong battle with the small Floyd, Va., banking company.
February 24 -
The Federal Deposit Insurance Corp. issued prompt corrective actions against five banks in January, telling them to either raise capital or be acquired by another institution.
February 24 -
As the Transaction Account Guarantee program is such an important issue to community banks, I read with interest Ms. Barbara Rehm's column titled "Rehm on TAG: Don't Extend it, End it." The piece omitted discussion of the reasons the TAG was created by the FDIC in the first place and why those reasons are still valid today.
February 24 -
The leadership of the American Bankers Association pushed attendees at this year's Conference for Community Bankers to stand united in public, while urging them to push lawmakers to sign onto a bill to address examination appeals.
February 24 -
Atlantic Coast Financial Corp. in Jacksonville, Fla., reported a loss of $4 million in the fourth quarter, compared with a loss of $5.2 million a year earlier, as its expenses and loan-loss provision declined.
February 24 -
Commerce National Bank & Trust in Winter Park, Fla., has entered into a consent order with the Officer of the Comptroller of the Currency that requires it to clean up its loan portfolio and bolster its capital levels.
February 24 -
The sovereign debt crisis affects all of us, whether we're managing risk at a trillion-dollar bank in North America or at Main Street Bank in Small Town, USA. Even if we don't have customers overseas, our customers at home may be affected either directly or indirectly by events on the other side of the Atlantic.
February 23 -
With few banks over $1 billion of assets willing to sell, larger buyers resort to picking off clusters of smaller banks. Pressure to grow outweighs the added costs, executives say.
February 23 -
Much of the business ceded by B of A has been absorbed by Wells Fargo. Still, smaller lenders are making inroads as the giants scramble the playing field by shuttering origination channels, or exiting the business altogether.
February 23 -
Credit unions and community banks served by The Members Group now have access to a fraud prevention tool that allows them to set more detailed parameters for spotting suspicious transactions.
February 23





