Community banking
Community banking
- Florida
BankUnited Inc., which last week confirmed a short-lived effort to sell itself, said Wednesday that its fourth-quarter earnings rose nearly 50% from a year earlier, to $41 million.
January 25 -
Iberiabank Corp.'s reported increased quarterly earnings Wednesday, though merger-related costs and impairment charges caused the company to fall shy of Wall Street's expectations.
January 25 - Illinois
After spending much of 2011 watching its loans shrink, PrivateBancorp Inc. in Chicago increased its loans by nearly 4% during the fourth quarter. That boost was enough to lift analysts' confidence and estimates.
January 25 -
Trustmark Corp. in Jackson, Miss., said late Tuesday that fourth-quarter net income fell 10% from a quarter earlier, to $24.3 million.
January 25 -
Hudson City Bancorp Inc. swung to a fourth-quarter loss as the lender paid off about $4.3 billion in high-cost debt, though loan-loss provisions and charge-offs declined.
January 25 - Missouri
Commerce Bancshares Inc. in Kansas City, Mo., said late Tuesday that its fourth-quarter profits were flat from a year earlier, at $61.5 million, following the settlement of a class-action lawsuit.
January 25 -
BancorpSouth Inc. in Tupelo, Miss., raised $109.3 million in a common stock offering, a week after the company reported better-than-expected fourth-quarter earnings.
January 24 -
Southwest Bancorp Inc. in Stillwater, Okla., on Tuesday posted a fourth-quarter loss after shedding $300 million in problem assets through a bulk loan sale.
January 24 -
Trepp LLC's Matthew Anderson on the disadvantages giant banks face and why midsize banks will survive.
January 24 -
Data published this month provides support for criticism of the small business lending program as a backdoor exit from Tarp for small banks. Institutions that used SBLF capital to refinance bailout infusions increased such loans at far lower rates than peers.
January 24 -
Virginia Commerce Bancorp Inc. reported improved fourth-quarter profits due to a lower loan-loss provision and higher prices for foreclosed properties.
January 24 - New York
Fueled by balance sheet growth, Signature Bank’s fourth-quarter profits rose 32% from a year earlier, to $40 million.
January 24 -
Park National Corp. in Newark, Ohio, said in a regulatory filing Monday that that it will revise its 2010 financial statement, reducing its net income by $12.4 million.
January 24 -
Wilbur Ross says in an email to American Banker that BankUnited tried to sell only after an unnamed investment bank told management it could fetch a "substantial premium above market."
January 24 -
A dearth of failed banks and an artificially low interest rate environment are causing headaches for many firms that now must face an uphill climb before cashing out.
January 24 -
NBT Bancorp Inc. in Norwich, N.Y., said late Monday that its fourth-quarter earnings fell 5% from a year earlier as lower interest yields squeezed its net interest margin.
January 24 -
The company, which staged a legal fight against the Durbin Amendment last year, took sizeable hits to interchange revenue in the fourth quarter.
January 24 -
Pacific Premier Bancorp Inc. in Costa Mesa, Calif., on Tuesday reported that its fourth-quarter earnings rose 63% from a year earlier, to $2.6 million, largely due to the purchase of a failed bank.
January 24 -
FirstMerit Corp. in Akron, Ohio, reported Tuesday that its fourth-quarter earnings rose 13% from a year earlier, to $30.5 million, largely due to lower credit costs.
January 24 -
Synovus Financial Corp. swung to a profit in the fourth quarter after sharply reduced funds held for risky loans helped the regional lender report its second straight quarter in the black.
January 24



