Community banking
Community banking
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After announcing earlier this week that his W.L. Ross & Co. plans to invest $45 million into the struggling Cascade Bancorp in Bend, Ore., another bank in his portfolio picked up one of the three banks that failed Friday.
November 19 - California
Bridge Capital Holdings in San Jose, Calif. said Friday that it would raise $30 million in capital through a private placement with a group of institutional investors.
November 19 - Pennsylvania
Continental Bank Holdings Inc. has become at least the third bank in the past two weeks to terminate a planned acquisition after failing to get regulatory approval.
November 19 - Pennsylvania
Alliance Bancorp Inc. in Broomall, Pa., announced plans last week to raise up to $41 million in a second-step conversion.
November 19 - Texas
C. Malcolm Holland, who led the Texas division of Colonial Bank, has raised $45 million in capital with the goal of rebuilding the franchise he lost when Colonial failed in August 2009.
November 19 -
C. Malcolm Holland, who led the Texas division of Colonial Bank, has raised $45 million in capital with the goal of rebuilding the franchise he lost when Colonial failed in August 2009.
November 19 -
A report on the failure of WesCorp FCU in California concludes that it had too much of its investments tied to its home state's real estate market and to Countrywide.
November 19 - Florida
A jury ruled Thursday that BankAtlantic Bancorp Inc. misled its investors about its credit quality and must compensate them for certain losses.
November 18 - California
Hanmi Financial Corp. is free to pursue other deals after amending an oft-delayed agreement with a patient investor.
November 18 - Washington
Sterling Financial Corp. in Spokane, Wash., announced plans Thursday for a 1-for-66 reverse stock split.
November 18 - Tennessee
Community Trust Bancorp Inc. in Pikeville, Ky., completed its purchase of LaFollette National Corp. in LaFollette, Tenn., the companies announced.
November 18 - Florida
After securing more capital, Jacksonville Bancorp Inc. has announced its purchase of Atlantic BancGroup Inc.
November 18 -
The recent trend toward bank IPOs, coming three years into a de facto industry lockdown, may prove ephemeral.
November 17 - Kentucky
The $1.5 billion-asset company said in a Tuesday filing with the SEC that it expects to raise up to $26.1 million by selling 1.5 million shares of common stock at $17 a share.
November 17 - Oregon
Cascade Bancorp of Bend, Ore., finally secured the capital it has been pursuing for months, with the help of a new investor -- Wilbur Ross.
November 17 -
Executive management will need to resolve simmering issues with performance measurement, given the persistent bank emphasis on splintered metrics centered on individual products.
November 17 - California
North Valley Bancorp in Redding, Calif., posted a $7.6 million loss for the third quarter, compared with net income of $684,000 a year earlier.
November 16 - Florida
TIB Financial Corp. in Naples, Fla., had a wider net loss of $33.7 million in the third quarter after its new owner overhauled the company's balance sheet.
November 16 - Michigan
Capitol Bancorp Ltd. in Lansing, Mich., continues to shed assets as its losses narrow.
November 16 - Alabama
Superior Bancorp in Birmingham, Ala., said that capital levels fell again after it posted a hefty third-quarter loss.
November 16



