The Federal Reserve on Thursday said it has issued a consent order to a Baltimore company, instructing it to take action to improve the composition and business practices of its board.

The Texas Ratio is often used to measure the riskiness of a bank and its likelihood of failure. But recently, it has lost its distinctiveness as being uniquely Texan.

Ocean Store Holding Co. in Ocean City, N.J., reported late Wednesday that its third-quarter earnings fell 16% from a year earlier, to $1.2 million, due to expenses tied to an acquisition.

An estimated 650,000 consumers have closed their bank accounts and opted for credit union membership over the past four weeks, according to CUNA, bringing the approach to Saturday's Bank Transfer Day to a crescendo.

Community Bancorp LLC in Houston said Wednesday that it will change its name to Cadence Bancorp LLC next week.

Credit quality may have stabilized, but banks are boosting reserves after signaling plans to lower them. Concerns over the economy, growth plans and regulatory intervention all seem to be playing a role in the reversals.

Raj Date, the interim head of the Consumer Financial Protection Bureau, faced pointed questions and criticisms from Republicans in his first appearance before Congress since taking over for Elizabeth Warren last August.

The Johnson family, which also controls S.C. Johnson & Son Inc., pumped $235 million into Johnson Financial after efforts to bring in outside funds were unsuccessful.

The FDIC tries to stay clear of being the agency that closes a bank's doors. But working behind the scenes to guard its insurance fund, the agency is often significantly involved in the decision of when to fail an institution.

The industry needs to find its way to a future in which the president isn't complaining and the Wall Street occupiers go home and disenchanted customers are content.

BB&T Corp.'s unusual deal to extract the most valuable parts of BankAtlantic shows how inventive dealmakers can get a leg up on their rivals in the topsy-turvy merger market.

With its future in doubt, the company hires investment banks to help it explore its options.

Royal Bancshares of Pennsylvania Inc. reported a third-quarter loss of $1.9 million and an impairment charge overshadowed improved credit trends.

Alan Levan, the chairman and chief executive of BankAtlantic Bancorp Inc., stated earlier this year that he was energized over his company's future. Turns out that the future involves an exit from banking.

DCB Financial Corp. in Lewis Center, Ohio, said will hire an investment bank to help it explore ways to raise capital.

I recently caught up with friends, colleagues, and customers at a large banking conference.

Bank of America's decision to drop its controversial debit-card fee may have come too late to retain some accounts, as many big-bank customers have begun defecting to smaller banks in protest over various fees, according to FIS.

FNB United Corp. in Asheboro, N.C., said it completed a one-for-100 reverse stock split.

The Federal Reserve has reached a written agreement with Princeton National Bancorp Inc. in Princeton, Ill.

German American Bancorp Inc. in Jasper, Ind., reported Tuesday third-quarter earnings of $5.2 million, up about 44% from a year ago, due to increased noninterest income and reduced operating expenses.