Community banking
Community banking
- 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 - Pennsylvania
VIST Financial Corp. in Wyomissing, Pa., notified investors Thursday that it is planning to raise up to $30 million in a stock offering.
July 21 - Missouri
The Treasury Department has ordered board appointments to two banking companies that have missed dividend payments on its bailout investments.
July 21 -
The Small Business Jobs Act set aside a $30 billion fund designed for smaller banks to lend to small business owners when it passed last September.
July 21 - Maryland
Sandy Spring Bancorp Inc. said Thursday that second quarter net earnings rose 32%, to $8.3 million, compared with a year earlier after it slashed its provision by 80%.
July 21 -
Retailers will have better results observing customer behavior and basing their sales strategy upon that evidence than if they try to stay ahead of the curve by predicting what consumers want or will want in the future.
July 21 - Washington
Banner gained $1.9 million from fair value adjustments on certain financial instruments, which played a key role in its quarterly profit of $224,000.
July 21 - New York
Shares of Astoria Financial Corp. were down in heavy trading Thursday after the Lake Success, N.Y., company reported second-quarter earnings that fell well short of analysts' estimates.
July 21 - New York
First Niagara Financial Group Inc. in Buffalo said Tuesday that its second-quarter net income fell 32.3% from the same period last year, to $13.6 million, primarily on costs related to its $1.5 billion acquisition of NewAlliance Bancshares and other items.
July 21 - California
Hanmi Financial Corp. in Los Angeles remained in the black for the third consecutive quarter, posting an $8 million profit in the quarter that ended June 30, compared to a net loss of $29 million in last year's second quarter.
July 21 -
New York Community Bancorp said Thursday that its second-quarter earnings fell 9% from the same period last year, to $119.5 million, as a surge of originations in multi-family loans could not offset a sharp decline in mortgage income.
July 21



