Community banking
Community banking
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PrivateBancorp Inc. swung to a first-quarter loss that was wider than analysts' estimates as provisions for loan losses quadrupled.
April 26 - Florida
BankUnited Financial Corp. has countersued the Federal Deposit Insurance Corp. in the fallout from one of the costliest failures of the financial crisis — that of Florida's BankUnited FSB.
April 26 - Delaware
Wilmington Trust Corp. swung to a worse-than-expected first-quarter loss on still more credit deterioration at the banking and trust-services provider.
April 26 - Illinois
WASHINGTON — Regulators closed Chicago-area Amcore Bank late Friday, putting the $3.8 billion-asset institution out of its misery on a night when six other institutions in and around the Windy City also failed.
April 25 - South Carolina
SCBT Financial Corp. of Columbia, S.C., said its first-quarter earnings skyrocketed, largely as a result of its acquisition of the failed Community Bank and Trust in Cornelia, Ga.
April 23 -
WASHINGTON — Regulators closed Chicago-area Amcore Bank late Friday, putting the $3.8 billion-asset institution out of its misery on a night when six other institutions in and around the Windy City also failed.
April 23 - Minnesota
TCF Financial Corp. reported its 60th consecutive quarterly profit last week in spite of worries that new limits on overdraft fees could hit the $18.2 billion-asset company particularly hard.
April 23 - Texas
While it is not unusual to see a bank exhort its employees to help lobby on legislation, USAA Federal Savings Bank has taken it one step further by enlisting its 7.2 million customers.
April 23 - Georgia
MidSouth Community Federal Credit Union in Macon, Ga., is the latest credit union to take advantage of the growing inventory of bank branches on the market, agreeing to acquire two branches of the failed Security Bank from the Federal Deposit Insurance Corp.
April 22 - Connecticut
Webster Financial Corp. of Waterbury, Conn., said Thursday that it recorded a $6.1 million first-quarter loss after repaying $100 million of a $400 million investment from the Troubled Asset Relief Program.
April 22 -
- New Jersey
Valley National Bancorp of Wayne, N.J., on Thursday reported first-quarter earnings fell to $27.4 million, from $37.4 million a year earlier.
April 22 - Florida
Though smaller companies may still bid on individual failed banks, they may have to enlarge their bids — perhaps significantly — to compete with package buyers.
April 22 - Oregon
PremierWest Bancorp in Medford, Ore., narrowed losses and reduced chargeoffs in the first quarter, the company reported Thursday.
April 22 -
MidSouth Community FCU is the latest credit union to take advantage of a growing inventory of bank branches on the market by agreeing to acquire two branches of failed Security Bank from the FDIC.
April 22 -
- South Carolina
The South Financial Group in Greenville, S.C., reported Tuesday a large but narrowing first-quarter loss of $85.8 million. The $12.4 billion-asset company had lost $193.8 million a year earlier.
April 21 - Colorado
Sponsors of a Colorado Senate bill that would have barred the growing practice of merchants assessing surcharges on debit card transactions pulled the bill after it was amended to bar all automated teller machine surcharges.
April 21 - California
After swinging to a first-quarter loss, PacWest Bancorp in San Diego — with a cleaned-up balance sheet — may be better poised to resume making winning bids for failed banks.
April 21 -
Redwood Trust Inc., (RWT) seeking to reopen the U.S. market for private-label mortgage securities, disclosed Wednesday that it plans to issue about $222 million of bonds backed by new jumbo home mortgages.
April 21


