EverBank Financial Corp. in Jacksonville, Fla., has struck a deal to rename the local football stadium EverBank Field.

Two recent deals in Southern California serve as a billboard announcing that the mergers and acquisitions market there is shifting to open-bank deals.

Chiefs of healthy community banks say they are talking more about doing deals with rivals hurt by the tepid economic recovery.

The Illinois Democrat added an amendment to an appropriations bill that would require credit card payments accepted at government agencies to be given the lowest available market interchange rates, which typically can only be negotiated by large supermarket chains.

A Senate subcommittee Tuesday endorsed a bill that would cap interchange fees charged to federal government entities for taxes and other services at the lowest market rate, continuing efforts to lower interchange fees charged by banks and credit unions.

The $1.94 billion-asset company said its second-quarter profit rose 52%, to $3.1 million, or 15 cents a share, compared with earnings of $2.1 million, or 16 cents a share, a year earlier.

The opportunities to make bets on failed Nevada banks are dwindling, drawing out-of-state buyers into the market before the game closes.

Wilshire Bancorp Inc. in Los Angeles on Tuesday reported a $4.6 million second-quarter loss after selling off $48 million of nonperforming and delinquent loans.

After announcing preliminary results on credit-quality issues, Whitney Holding Corp. of New Orleans posted an $18 million net loss for the second quarter.

Hanmi Financial Corp. announced Tuesday that its net loss more than tripled, to $29.3 million, in the second quarter from a year earlier.

Nara Bancorp Inc. of Los Angeles reported that its loss more than doubled in the second quarter as a result of significant chargeoffs.

The $12.8 billion-asset company posted a loss of $818,000, or 1 cent a share, for the second quarter. The analyst estimate called for a 22-cent loss.

The Small Business Loan Fund, if approved, will not trickle down in any material amount to credit-starved small businesses.

The Treasury's CDFI Fund has ramped up its awards and is looking toward putting another $300M in capital into grants to nonprofit lenders for small lending and microlending.

The gap between long-term and short-term instruments has delivered less of a lift to banks than in the past, and lower asset yields may now be catching up with lower funding rates.

Capital Bank reported a net second-quarter loss of $594,000, which was an improvement of 43% compared with a year earlier.

Atlantic Southern Financial Group Inc. reported a $4 million net loss for the second quarter, compared with a $23.8 million loss a year earlier.

The Medford, Ore., company raised $18.7 million in a rights offering in March and $14.6 million in a public offering in April. Yet it warned when announcing its second-quarter results late last week that it needs even more capital to comply with an enforcement action.

Citizens Republic Bancorp in Flint, Mich., reported a considerably slimmer second-quarter loss, compared to a year earlier, when it released its results late Thursday.

WASHINGTON — Federal and state regulators shut seven banks late Friday, pushing the failure total this year to 103. Though the pace of failures briefly slowed earlier this month, it appears to be picking up momentum again, as Friday's failures followed six last week.