Community banking
Community banking
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Old National Bancorp's purchase of Integra Bank, its largest competition, is not your usual FDIC failed bank deal, and could be considered subtraction by addition.
August 1 -
In a flat-fee model, most of the innovative energy goes into reducing costs rather than developing services that customers value.
August 1 - Virginia
John F. Novak, chief executive of Millennium Bankshares Corp. in Sterling, Va., is expected to step down at the end of this month.
August 1 -
The Buffalo bank worked too hard during the crisis years to put its efforts "in harm's way," Koelmel said.
August 1 -
Premier Financial Corp. in Huntington, W.Va., has received permission from the Federal Reserve Board to once again start paying down its debt to the U.S. Treasury Department.
August 1 -
An aggressive push by the Justice Department to investigate fair lending claims is prompting a backlash from bankers who claim the government is abusing its authority.
August 1 -
Buffalo bank's deal for 195 HSBC branches will require raising capital, divesting and integrating technology. Execs insist it’s all manageable.
August 1 - Virginia
An activist investor at Cardinal Bankshares Corp. in Floyd, Va., is protesting the company's latest executive hire.
August 1 - Indiana
Coming off the best quarter in its 101-year history, German American Bancorp in Jasper, Ind., appears to be readying itself for expansion.
August 1 - Texas
OmniAmerican Bancorp Inc. in Fort Worth, Tex., said Monday that its net income for the second quarter more than doubled from a year earlier, to $1.2 million, due largely to lower deposit costs and 20% increase in interest-earning assets.
August 1 -
PNC Chief Rohr has "no interest" in Regions or SunTrust after RBC deal, Stifel Nicolaus analyst says.
August 1 - California
The Federal Deposit Insurance Corp. has ordered three community banks hobbled by losses on real estate loans to raise fresh capital or merge with other banks.
August 1 -
The paper quotes First Niagara CEO John Koelmel as saying it will eventually have to do a capital raise to support the larger balance sheet. Antitrust issues may also arise, FT says.
July 31 -
HSBC, which has been scaling back its U.S. operations, struck a deal to sell 195 retail banking branches to First Niagara Financial for $1 billion in cash, the companies said Sunday.
July 31 - Illinois
Battered by loan troubles, Princeton National Bancorp Inc. Illinois announced after markets closed Friday that it lost $2.9 million, or 88 cents per share, in the quarter that ended June 30.
July 29 -
Integra Bank in Evansville, Ind., was closed by the Office of the Comptroller of the Currency, after fighting to survive for nearly two years.
July 29 -
After ripping off 11 straight quarters of losses, the Blairsville, Ga., company reported a second-period profit last week. That turned heads.
July 29 - Florida
BankAtlantic Bancorp Inc. in Fort Lauderdale, Fla., is heading west to try to drum up interest in its stock.
July 29 - Oregon
West Coast Bancorp in Lake Oswego, Ore., reported a profit of $4.6 million in the second quarter, a vast improvement over the same period last year, but a bit of a letdown when compared with this year's first quarter.
July 29 -
Growth rates have approached levels observed during the onset of the financial crisis in 2008.
July 29






