Community banking
Community banking
- Florida
USAmeriBancorp Inc. in Clearwater, Fla., is planning to acquire the remaining stake in an Alabama bank that it does not already own.
July 22 -
Antsy investors are urging some community banks that have survived the recession but just can't get much forward momentum to create value or find a partner that can.
July 22 - North Carolina
Bank of the Carolinas Corp. fell into a deeper hole in the second quarter, posting a net loss of $9.9 million compared, to a loss of $415,000 a year earlier.
July 22 - Wisconsin
Bank Mutual Corp. in Milwaukee reported a loss of $51.4 million for the second quarter, largely stemming from a $52.6 million goodwill impairment charge.
July 22 -
First Niagara Financial Group and M&T Bank are playing it cool on whether they plan to bid for HSBC's branches in upstate New York — but they aren't discouraging speculation, either.
July 22 - Texas
Southside Bancshares Inc. of Tyler, Texas, said that its second-quarter profits rose 18% from same period a year earlier, to $11.5 million, and that earnings per share increased 19.6%, to 67 cents.
July 22 -
With loan demand still weak in many areas of the country, more and more bankers are starting to believe that their banks will need to merge with other institutions to achieve meaningful growth.
July 22 - California
Analysts at Sandler O'Neill & Partners have raised earnings estimates for City National Corp. after the Los Angeles company reported strong second-quarter earnings growth that was aided by improved asset quality and "promising" gains in its commercial-and-industrial loan portfolio.
July 22 - Wisconsin
The $22 billion-asset company reported net income available to shareholders of $25.6 million, compared to $15.4 million in the first quarter and a net loss of $10.2 million a year earlier.
July 22 - Texas
Aided by improved credit quality and strong loan and deposit growth, Prosperity Bancshares Inc. in Houston reported earnings of $35.1 million in the second quarter, up 10.5% from the same quarter in 2010.
July 22 - Illinois
MB Financial Inc., which took an aggressive stance on its credit by purging bad loans, reported a $10 million net loss available for shareholders during the second quarter.
July 22 - Oregon
Despite having negative equity, Albina Community Bancorp in Portland, Ore., managed to turn a profit for a second quarter in a row.
July 22 -
Last month, Hancock closed its all-stock takeover of Whitney in a deal valued at $1.3 billion.
July 22 -
WASHINGTON — House Republicans celebrated the Consumer Financial Protection Bureau's first day by advancing a bill that would dilute the bureau's authority.
July 21 - Minnesota
TCF Financial Corp. in Wayzata, Minn., reported earnings of $29.8 million in the second quarter, down 33% from a year earlier, as the company grapples with ways to replace fee income.
July 21 - California
SVB Financial Group said Thursday that its second quarter earnings more than tripled what it made a year earlier, to $65.8 million.
July 21 - Massachusetts
Hingham Institution for Savings in Massachusetts said Thursday that its second-quarter net income rose 22.6% to $3 million, from a year earlier, on growth of both deposits and loans.
July 21 - Arkansas
Simmons First National Corp. in Pine Bluff, Ark., said Thursday that core earnings in the second quarter declined 4.6% from the same period last year, to $6.2 million.
July 21 - Kansas
The Federal Reserve on Thursday announced that it had entered into a written agreement with a banking company while also disclosing the termination of a prior order.
July 21 -
On the one-year anniversary of the Dodd-Frank Act, Democratic lawmakers and key financial regulators called on Congress to resist Republican efforts to cut funding to implement and enforce the law's sweeping new regulations.
July 21





