Community banking
Community banking
- Connecticut
Webster Financial Corp. in Waterbury, Conn., has notified investors that it is considering raising more capital for the purpose investing in new business lines, bolstering its capital levels and perhaps making acquisitions.
December 21 - Georgia
The $293 million-asset Southwest Georgia Financial Corp. wants to expand in Valdosta, Ga., and other key markets.
December 21 -
Now that the Office of Thrift Supervision has been eliminated, First Federal Savings and Loan Association in Charleston, S.C., does not see much reason to retain its federal charter.
December 21 -
Umpqua and Washington Federal are enhancing their commercial real estate teams, while a recent Fed survey indicates a possible CRE rebound in 2012.
December 21 - Pennsylvania
Shares of Republic First Bancorp Inc. soared Wednesday after the Philadelphia company announced that it had sold $59 million of mostly problem real estate loans to a single investor.
December 21 -
The most wonderful time of the year is always followed by the practice of resolving to improve in the new year. So in the spirit of the season, here are five suggested 2012 resolutions for federal policymakers.
December 21 -
Ohio thrift Cheviot Financial, in the process converting to 100% stock-owned company, is giving initial subscribers to its public offering the option to buy up more shares.
December 21 -
After a months-long internal investigation into its accounting for loan losses, Suffolk Bancorp in Riverhead, N.Y.. has restated its 2010 earnings to show a much smaller profit than first reported.
December 21 -
Nothing lasts forever as evidenced by the short term marriage of Hollywood stars. Differences in attitudes, status and in some cases just irreconcilable differences often cause breakups following many years of being together. One of fraying relationship is the 100 year plus association between the 6,000 plus smaller community banks and the nation's largest banks. This long standing relationship between big and small is on the rocks as the two groups have drawn apart, rarely working together or supporting one another anymore.
December 20 -
In what would be its first acquisition since 2007, Sandy Spring Bancorp Inc. in Olney, Md., announced late Tuesday that it is buying CommerceFirst Bancorp Inc. for $25.4 million in cash and stock.
December 20 -
After several years of bank merger activity trending down, there are signs that the activity level may revive. As this subject may not have been a front burner topic for bankers in recent years, it is useful to consider how changes in the last few years have altered certain strategic priorities for considering mergers.
December 20 -
Sun Bancorp Inc. in Vineland, N.J., said Tuesday that it has added two seasoned executives to help grow its middle-market and commercial real estate loan portfolios.
December 20 -
SCBT's planned acquisition of Peoples Bancorp. in South Carolina is being described as small, safe and strategic. Analysts believe most M&A next year will follow a similar blueprint.
December 20 -
First United Bancorp Inc. in Boca Raton, Fla., is unloading three of the seven western Florida branches it inherited when it acquired the failed Old Harbor Bank in Clearwater in October.
December 20 -
The central bank on Tuesday released a 173-page proposal governing how it plans to supervise systemically important banks and nonbanks. The plan covers everything from capital requirements to stress tests.
December 20 - California
Pacific Capital Bancorp in Santa Barbara, Calif., is using some of its excess cash to pay down debt and resume paying interest on trust preferred securities.
December 20 -
Taylor Capital Group Inc. in Rosemont, Ill., has taken its first step in beefing up its common equity by completing a $35 million rights offering.
December 20 -
SCBT Financial Corp. in Columbia, S.C., announced Tuesday morning that it is buying the $546 million-asset Peoples Bancorporation Inc. in Easley, S.C., for $28 million in stock.
December 20 -
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Talmer Bancorp Inc. in Troy, Mich., said Monday that it had completed its acquisition of Lake Shore Wisconsin Corp. in Glenwood City.
December 19




