Community banking
Community banking
- Colorado
United Western Bank is in a state of limbo, unable to satisfy, change or escape a key demand from its regulator. Colorado's largest thrift has missed a deadline to boost its capital, and regulators refuse to give it an extension or waiver.
August 3 - Alabama
BancTrust Financial Group Inc. in Mobile, Ala., has announced that it earned $969,000 in the second quarter, compared with a loss of $118 million a year earlier.
August 2 - Georgia
The $5.1 billion-asset company announced Monday that it has received regulatory approval to consolidate two of its banks — Bank of Valdosta and Peoples State Bank — in its Sunrise Bank of Atlanta. Collectively, the three banks have $136 million of assets.
August 2 -
Some banks and bank examiners, still reeling from the recession and large portfolios of bad loans, have tightened credit standards to unreasonable levels. This must change if we are going to have a sustainable economic recovery.
August 2 - Pennsylvania
Two Middle Atlantic companies are seeking to bolster their common equity.
August 2 -
Nearly two years after the financial crisis began to tarnish the reputations of the nation's biggest banks, community bankers are finding they can still steal business from giant lenders.
August 2 - Arkansas
Florida is still a prime destination for Centennial Bank in Conway, Ark., even as well-heeled acquirers move in and drive up bank prices.
August 2 -
The shift toward a more penny-wise society is driving banks to turn their focus to helping consumers save and, in the long run, be more profitable customers.
August 2 -
Citizens Effingham Bancshares of Springfield, Ga., and Oregon Pacific Bancorp of Florence were told Monday by the Federal Reserve to improve their financial soundness ...
August 2 -
WSFS Financial Corp. said it plans to offer approximately $40 million in stock, increasing shares outstanding by about 15%, with plans to use proceeds for organic growth and acquisitions.
August 2 - West Virginia
Premier Financial Bancorp Inc. cannot pay dividends without prior approval from regulators and must bolster its board oversight under an enforcement action the Federal Reserve filed Friday.
August 2 - Oregon
Five bank closures in four states Friday cost the federal government an additional $334 million in losses.
July 30 - Oregon
A friendly rivalry in Oregon turned nasty when a tiny bank tried to acquire a neighbor through a seldom-used maneuver: the hostile takeover bid.
July 30 -
While the formation of the Financial Stability Council is meant to help regulators put an end to "too big to fail," many are wondering if the panel itself will prove too big to manage.
July 30 - Hawaii
Central Pacific Financial Corp. in Honolulu posted a second-quarter loss of $16.1 million, as credit problems remained high but subsided from a year earlier.
July 30 -
While the formation of the Financial Stability Council is meant to help regulators put an end to "too big to fail," many are wondering if the panel itself will prove too big to manage.
July 30 -
Five bank closures in four states Friday cost the federal government an additional $334 million in losses.
July 30 - California
TriCo Bancshares of Chico, Calif., reported a 48% decline in second-quarter net income from a year earlier. TriCo said Thursday it had net income of $1.2 million, or 8 cents a share, compared with $2.5 million, or 16 cents a share.
July 30 - Florida
TIB Financial Corp. of Naples, Fla., said its net loss nearly tripled in the second quarter as it awaits a takeover by North American Financial Holdings Inc.
July 30




