Community banking
Community banking
- Virginia
Virginia Heritage Bank in Fairfax reported $1.3 million of fourth-quarter net income, an 86.5% increase from a year earlier.
January 24 - Illinois
Wintrust Financial Corp. in Lake Forest, Ill., said Monday that its fourth-quarter earnings fell 50% from a year earlier, to $14.2 million.
January 24 - Hawaii
The $13.1 billion-asset company said Monday that its earnings were up slightly from a year earlier, to $40.6 million, or 84 cents a share.
January 24 - California
Pacific Commerce Bank in Los Angeles said Monday that it raised $5 million in a private placement this month.
January 24 -
The Cincinnati company will provide services including debit card processing, automated teller machine driving, fraud protection and card production to First New Mexico Bank of Deming, N.M.; Valley Bank of Commerce in Roswell, N.M.; and First State Bank of Mesquite, Texas. First New Mexico has 13 ATMs, Valley Bank has two ATMs and First State Bank has four ATMs.
January 24 - Colorado
With regulators catching flak for taking too long to close "zombie" institutions, the failure of United Western Bank seemed atypically quick.
January 24 - Hawaii
First Hawaiian Bank said Friday that its fourth-quarter earnings rose 4% year over year, to $50.2 million. For the full year loans at the Honolulu company grew 3.3%.
January 23 - Georgia
Colony Bankcorp Inc. in Fitzgerald, Ga., is closing in on break-even quarterly results. The $1.3 million-asset company on Friday reported a fourth-quarter loss of $47,000, compared with a $14.6 million loss a year earlier.
January 23 - Georgia
Despite having private-equity commitments, the $2 billion-asset United Western Bank in Denver failed Friday. Regulators also closed banks in the Carolinas and Georgia.
January 21 -
Despite having private-equity commitments, the $2 billion-asset United Western Bank in Denver failed Friday. Regulators also closed banks in the Carolinas and Georgia.
January 21 - Pennsylvania
F.N.B. Corp. in Hermitage, Pa., promoted a company insider to president. Vincent Delie Jr. was also named the chief executive of First National Bank, the $9 billion-asset company said Thursday.
January 21 - Louisiana
Members of Louisiana Corporate Credit Union would not be required to obtain new capital after their corporate institution is merged into Corporate America Credit Union, under preliminary plans announced by the two corporates.
January 21 - Indiana
Improved credit helped 1st Source Corp. in South Bend, Ind., more than double fourth-quarter earnings from a year earlier.
January 21 - Tennessee
Tennessee Commerce Bancorp Inc. in Franklin said its fourth-quarter earnings fell 56% from a year earlier, to $553,000, as noninterest expenses increased.
January 21 - Texas
Prosperity Bancshares Inc. in Houston earned $32.8 million in the fourth quarter, up 7.3% from a year earlier, as credit costs subsided significantly, it said Friday.
January 21 - Pennsylvania
Codorus Valley Bancorp Inc. in York, Pa., reported a slight dip in fourth-quarter earnings compared to a year earlier.
January 21 - California
SVB Financial Group in Santa Clara, Calif., said that Ken Wilcox will step down as its chief executive to focus more on the company's global expansion.
January 21 - Florida
The latest nixed deal, between Florida Bank Group Inc. in Tampa and Anderen Financial Inc. in Palm Harbor, brought the issue to the fore when the companies said last week that regulators are hesitant to approve "expansionary" deals.
January 21 -
The $4.2 billion-asset company said that, after failing to comply with minimum market capitalization and stock price rules, its shares would no longer trade on the NYSE.
January 21



