Community banking
Community banking
- 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 -
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Strive to make sure that you and your team's time and energy are focused on the things you can affect today.
June 2 - Missouri
NASB Financial Inc. in Grandview, Mo., reported its fourth-quarter earnings Tuesday after delaying the announcement to complete an evaluation of its investment in a land development company.
June 1 - Indiana
Horizon Bancorp in Michigan City, Ind., has completed its purchase of American Trust and Savings Bank of Whiting, Ind., the companies said Tuesday.
June 1 -
The competition for failed banks in Florida is so intense that the private-equity financier Wilbur L. Ross Jr. went looking for greener pastures. He found them in Michigan.
June 1 - Florida
Five more banks failed Friday — including the subsidiaries of Bank of Florida Corp. — costing the government an additional $317 million.
May 31 - California
K-Fed Bancorp in Covina, Calif., said Friday that it plans to offer additional shares of common stock to convert from a mutual holding company to a full stock company.
May 31 - Maine
A Maine investment group has agreed to inject $60 million into Savings Bank of Maine in Gardiner as part of the thrift's recapitalization plan, the companies announced last week.
May 31 -
Five more banks failed Friday – including the subsidiaries of Bank of Florida Corp. – costing the government an additional $317 million.
May 28 -
Community bank M&A activity has awakened from a two-year slump with a pair of recent deals in the Southeast. Banks are reaching historically low prices, particularly in coastal markets like Florida, Georgia and California
May 28 -
Community bank M&A activity has awakened from a two-year slump with a pair of recent deals in the Southeast and historically low prices for banks, particularly in coastal ...
May 28



