Community banking
Community banking
- North Carolina
Bank of Granite in Granite Falls, N.C., cited higher credit-related expenses in reporting that it third-quarter loss widened to $4.3 million.
November 15 - Pennsylvania
Royal Bancshares of Pennsylvania Inc. in Narberth said Monday that it narrowed its third-quarter loss by 36% compared with a year earlier.
November 15 -
Increased regulation has been widely cited as a catalyst for the recent wave of bank acquisition deals, but lately regulators have been throwing some wrenches into the works.
November 15 - Georgia
Two failures in Georgia and another in Arizona late Friday cost the Deposit Insurance Fund about $204 million.
November 12 -
Two failures in Georgia and another in Arizona late Friday cost the Deposit Insurance Fund about $204 million.
November 12 -
Considered to be a deal broker and careful listener by those who have worked with him in the past, Joseph Smith won near-universal acclaim as Obama's pick to lead the FHFA.
November 12 - California
First Northern Community Bancorp in Dixon, Calif., said Owen Onsum will retire as president and chief executive at the end of the year.
November 12 - Maryland
Tri-County Financial Corp. in Waldorf, Md., said Friday that its board authorized the repurchase of up 1% of its common stock.
November 12 - Virginia
Cardinal Bankshares Corp. in Floyd, Va., said Friday that its third-quarter earnings nearly tripled year over year, to $829,000.
November 12 - Connecticut
The $889.4 million-asset company said late Wednesday that it was selling about 62% of its stock still owned by its mutual holding company, or up to 8.7 million shares of common stock, at $8 a share.
November 12 -
The fourth quarter is often a time when banks try to tidy up their balance sheets for the coming year. As they step up efforts to sell problem loans, this quarter could be the big flush.
November 12 -
The fourth quarter is often a time when banks try to tidy up their balance sheets for the coming year. As they step up efforts to sell problem loans, this quarter could be the big flush.
November 12 - Colorado
The $2.2 billion-asset Denver company said in a SEC filing that it'd be late reporting its Sept. 30 results because of issues regarding its valuation of mortgage-backed securities.
November 11 - Ohio
The $615.2 million-asset parent of Delaware County Bank and Trust is offering voluntary retirement packages under a plan to cut costs by $1 million.
November 11 - North Carolina
Capital Bank rejected a higher per-share offer from another private-equity firm in favor of a $181 million bid from North American Financial for a majority stake in the company.
November 11 -
With consolidation picking up, an increasing number of investors are becoming activists, either by filing lawsuits over less-than-satisfactory deal terms or starting proxy fights ...
November 11 - Washington
The $1.9 billion-asset company announced Thursday morning that it has one more day to satisfy the closing conditions of a recapitalization deal with its largest shareholder, David F. Bolger, and Donald Marron's Lightyear Capital LLC.
November 11 - Indiana
Integra Bank Corp. in Evansville, Ind. said Wednesday that its third-quarter loss widened by 70% compared with the second quarter, to $17.3 million.
November 10 - Tennessee
Under an informal agreement with regulators, Green Bankshares Inc. in Greeneville, Tenn., has suspended dividend payments, even those owed to the Treasury Department.
November 10 - North Carolina
NewDominion Bank of Charlotte, N.C., has hired a banking veteran to lead the company out of its consent order.
November 10



