Community banking
Community banking
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Like their federal counterparts, the state commissioners are committed to ensuring banks operate prudently and customers are protected from abuses.
February 9 - New York
Bridge Bancorp in Bridgehampton, N.Y., said Tuesday that it has agreed to buy Hamptons State Bank of Southampton, N.Y., for $6.3 million.
February 8 -
- Mississippi
Renasant Corp. took a gamble six months ago, promising investors it would buy a failed bank with their money or they would get it back. The $4.3 billion-asset company in Tupelo, Miss., has surpassed that expectation.
February 8 - Wisconsin
Anchor BanCorp Wisconsin Inc. in Madison said it had managed to keep its thrift adequately capitalized at yearend. The $3.6 billion-asset company reported a $14 million fiscal third-quarter loss late Monday, narrowing its loss by 4% in the period that ended Dec. 31, from a year earlier.
February 8 - New Jersey
Shares of Clifton Savings Bancorp Inc. in New Jersey tumbled a day after it said its regulator would not approve its second-step conversion.
February 8 -
Many bank chief executives are nearing retirement, and a big test will be finding their successors.
February 7 - Georgia
Heritage Financial Group Inc. in Albany, Ga., said Monday that it swung to a $922,000 profit in the fourth quarter from a $1.7 million loss a year earlier.
February 7 - Michigan
Though credit costs are subsiding at Dearborn Bancorp Inc. in Michigan, its bank has been undercapitalized for six straight quarters.
February 7 - Texas
Texas Gulf Bank in Houston continued a management overhaul Sunday by rearranging several positions and naming Robert Greer as its chairman.
February 7 - Illinois
The Treasury Department has launched a public offering for the 1.6 million warrants for common equity it received from Wintrust Financial Corp. in Lake, Forest, Ill., under the Troubled Asset Relief Program.
February 7 -
Some analysts believe Sterling should cultivate its specialty in commercial and industrial lending, where there is room aplenty to grow, rather than chase a potentially risky bank deal.
February 7 -
Rockland Trust Co. of Rockland, Mass. has joined the handful of banks giving their customers the ability to deposit checks with a smartphone.
February 6 - Illinois
Repeating a familiar pattern of recent years, banks failed Friday in Georgia and Illinois. Two were closed in Georgia; another, in Chicago, was the city's first failure of 2011.
February 6 - Pennsylvania
CNB Financial Corp. in Clearfield, Pa., said Friday that fourth-quarter net earnings jumped almost 90%, to $2.9 million, compared with a year earlier.
February 4 - Virginia
Eastern Virginia Bankshares in Tappahannock said Friday that it had suffered an $8.1 million loss in the fourth quarter as its borrowers struggled to make payments.
February 4 - Montana
Net income at First Interstate BancSystem in Billings, Mont., grew 24.2% from the third quarter, to $10.8 million. The $7.5 billion-asset company attributed the results to strong income from the origination and sale of residential real estate loans and the reversal of previously recorded mortgage-servicing rights impairment.
February 4 - Illinois
Repeating a familiar pattern of recent years, banks failed Friday in Georgia and Illinois. Two were closed in Georgia; another, in Chicago, was the city's first failure of 2011.
February 4 - Washington
With one of the largest war chests of capital in the Pacific Northwest, Columbia Banking in Tacoma, Wash., has long been viewed as one of that market's likely consolidators.
February 4 -
With one of the largest war chests of capital in the Pacific Northwest, Columbia Banking in Tacoma, Wash., has long been viewed as one of that market's likely consolidators.
February 4


