Community banking
Community banking
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Susquehanna Bancshares Inc. in Lititz, Pa., said it expects to complete its acquisition of Tower Bancorp in Harrisburg, Pa., on Feb. 17 after securing regulatory approval.
January 11 -
The U.S. Department of Agriculture is planning to shutter 131 farm lending offices in 32 states as part of a broad mandate from the Obama administration to trim $150 million from its annual budget.
January 11 - Kansas
Two small Kansas banks that have been fixtures in their rural communities for decades are planning to merge in a bid to improve efficiency and better contend with increasing compliance costs.
January 11 -
Two community banks have recently implemented products, including mobile check capture and a rewards app, from Malauzai Software.
January 11 -
Bankers usually salivate over a chance to grow loans and diversify beyond real estate. So why have only 36 banks signed on for BancAlliance, a co-op designed to give them a shot a bigger commercial loans?
January 11 -
Washington Federal Inc. in Seattle said Wednesday that its fiscal-year first-quarter earnings jumped 36% from a year earlier, to $33.4 million, due to lower credit expenses.
January 11 -
The Federal Reserve on Tuesday disclosed a written agreement with Gold Canyon Bank in Gold Canyon, Arizona.
January 10 - Illinois
Improving credit quality and continued low funding costs lifted Jacksonville Bancorp Inc.'s fourth-quarter profit 5% from the same period in 2010, to $774,000.
January 10 - California
Chino Commercial Bancorp in California reported fourth-quarter earnings of almost $168,000, three times higher than a year earlier, and year-end income of more than $441,000, about 45% higher than 2010’s results.
January 10 -
Virginia Commerce Bank challenged its workers to a weeks-long walking contest to promote health, and the pedometer readings were off the charts.
January 10 -
Hard-pressed to increase revenue, community banks are expected to discuss plans to reduce staff, close branches and purge assets when they report quarterly results.
January 10 -
Five community banks, including one in Boston that is a designated community development lender, have received "needs to improve" ratings on their most recent Community Reinvestment Act examinations.
January 10 -
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Peapack-Gladstone Financial Corp. in Bedminster, N.J., announced Monday that it will exit the Troubled Asset Relief Program this week.
January 9 - Nebraska
Callahan & Associates has hired J. F. Sean Hession, a former executive at First National Bank of Omaha, as the consulting group's president and CEO.
January 9 -
First Internet Bancorp is creating a new division to offer traditional commercial and industrial lending to businesses in Indiana.
January 9 - Missouri
Providence Bank in Columbia, Mo., has brought in Kit Stolen 3rd as its new chief executive to oversee the clean-up of its loan portfolio and guide it through its next phase of growth.
January 9



