Community banking
Community banking
- California
Community Valley Bank reported that total assets rose nearly 10% in the first quarter. Heading into its third year in business, the El Centro, Calif., bank said Friday that it expects to become profitable in 2010 based on growth in earning assets.
June 7 - California
Tri-Valley Bank announced Friday that a private investor group has terminated a $6 million stock-purchase agreement.
June 7 - Massachusetts
Boston Private Financial Holdings Inc. plans to raise up to $40 million of capital to help pay back funds received through the Troubled Asset Relief Program.
June 7 -
Farm banks largely stayed out of the muck the past few years, but that hasn't stopped regulators from trying to rein in these lenders.
June 7 -
In practice, creating a bureaucracy will produce more problems than it will solve, by putting government in the business of deciding what products are right for bank customers.
June 7 -
More banks in the Southeast are likely to fall victim to the financial crisis, a Federal Reserve official said Friday.
June 7 - California
By missing a sixth quarterly dividend payment, due in May under the Treasury's Troubled Asset Relief Program, a Southern California bank became poised to test how the government will treat repeat delinquencies in the program.
June 7 - Mississippi
WASHINGTON — Federal regulators shut three more banks on Friday, including $2.8 billion-asset TierOne Bank of Lincoln, Neb., a struggling 103 year-old thrift.
June 6 - Ohio
First Place Financial Corp. has announced plans to raise $80 million in capital not only to become stronger but also to buy other institutions — including failed banks.
June 4 - Illinois
Lured by the chance to raise capital and worried about the future of the Office of Thrift Supervision, a wave of mutual holding companies have received approval to convert to full stock companies.
June 4 -
WASHINGTON — Federal regulators shut three more banks on Friday, including $2.8 billion-asset TierOne Bank of Lincoln, Neb., a struggling 103 year-old thrift.
June 4 - Virginia
Virginia Commerce Bancorp Inc. in Arlington plans to raise as much as $150 million of fresh capital, according to a shelf registration statement the company filed Wednesday with the Securities and Exchange Commission.
June 3 - Michigan
The $5.1 billion-asset company, which has dual headquarters in Lansing, Mich., and Phoenix, said the agreement is with the local shareholders of its $95 million-asset Bank of San Francisco, which it chartered in 2005.
June 3 - Ohio
The Treasury Department said it expects to generate $2.9 million from the sale of warrants to purchase the common stock of First Financial Bancorp in Cincinnati.
June 3 - Florida
BankAtlantic Bancorp Inc. of Fort Lauderdale, Fla., said it hopes to raise up to $25 million of fresh capital through a rights offering to existing shareholders.
June 3 - South Carolina
Two weeks after calling off a capital-raising effort, Tidelands Bancshares Inc. in Mount Pleasant, S.C., said it plans to reduce its size.
June 3 - Florida
EverBank has thrived as one of the most profitable banks in Florida by becoming a dominant player in the online banking realm. Last week, though, the Jacksonville company made a detour into brick-and-mortar banking by acquiring three failed Bank of Florida franchises, snapping up 13 branches across the state and increasing its assets by 15%, to $11 billion.
June 3 - Oregon
Cascade Bancorp's lead investors are giving the Bend, Ore., company more time to find additional capital.
June 2 - New Jersey
Center Bancorp Inc. in Union, N.J., said it will not launch a planned common stock sale "in light of current market volatility," according to a press release Tuesday.
June 2 -
Being small can complicate a bank's quest for capital, but some institutions have found ways to use smallness to their advantage.
June 2



