Fueled by balance sheet growth, Signature Bank’s fourth-quarter profits rose 32% from a year earlier, to $40 million.

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.

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."

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.

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.

The company, which staged a legal fight against the Durbin Amendment last year, took sizeable hits to interchange revenue in the fourth quarter.

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.

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.

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.

Regions Financial Corp. swung to a fourth-quarter loss, with the regional lender booking a hefty write-down following a long-planned deal to sell its brokerage unit.

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Fueled by a lower provision for loan losses and rising net interest income, Cathay General Bancorp's profits surged more than 68% in the fourth quarter, to $23.6 million, from a year earlier.

First Independent Bank has notified employees whose jobs will be eliminated after the Vancouver, Wash., bank is sold to Sterling Financial Corp. of Spokane, Wash.

Community Bank System Inc. in Syracuse, N.Y., is planning to raise $50 million in a stock sale primarily to fund its acquisition of 19 upstate New York branches from rival First Niagara Financial Group Inc.

Elevated chargeoffs on commercial real estate loans and slightly increased expenses caused City Holding Co.'s fourth-quarter profits to dip 2%, to $9.7 million, from a year earlier.

Last week's wave of acquisitions involving sellers with less than $500 million in assets could present an opportunity for investors who want to get in on consolidation but lack the large sums of cash held at private equity firms.

Cautious executives at big regionals offer strict criteria for dealmaking, emphasize internal growth and play up niche targets in sharing their M&A outlooks.

Bank of Hawaii Corp. in Honolulu said Monday that fourth-quarter earnings fell 3.4% from a year earlier, to $39.2 million, as a decline in credit costs and higher net interest income could not offset a steep drop in fee income.

Nine months after it announced plans to raise up to $75 million issuing common and preferred shares to new and existing investors, Intermountain Community Bancorp in Sandpoint, Idaho, said Sunday that it now intends to raise no more than $59 million.

S&T Bancorp Inc.'s fourth-quarter profit rose nearly 7% from the prior quarter, to $9.3 million, but earnings per share missed analysts' projections as margins were squeezed and income from overdrafts declined.