Community banking
Community banking
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- Oklahoma
Southwest Bancorp Inc. in Stillwater, Okla., said Monday that it had earned $3.3 million in the first quarter, more than 11 times its year-earlier profit.
April 19 - Maryland
CapitalSource Inc. in Chevy Chase, Md., announced Monday that it has acquired MainStreet Lender LLC, a Small Business Administration lender, for $100 million.
April 19 - Illinois
A Chicago start-up venture called GreenChoice Bank has entered into an agreement to acquire the undercapitalized Family Federal Savings of Illinois through a supervisory conversion.
April 19 - New York
After selling a large chunk of its nonperforming assets in the fourth quarter, State Bancorp Inc. in Jericho, N.Y., returned to profitability in the first quarter.
April 18 - Washington
WASHINGTON — TD Bank of Wilmington, Del., purchased three separate failed banks in Florida late Friday, totaling $3.9 billion in assets, on a night that saw a total of eight bank collapses.
April 18 - Massachusetts
WASHINGTON — TD Bank of Wilmington, Del., purchased three separate failed banks in Florida late Friday, totaling $3.9 billion in assets, on a night that saw a total of eight bank collapses.
April 16 - Michigan
The $5.1 billion-asset company, with dual headquarters in Lansing, Mich., and Phoenix, announced Friday that it had entered into stock redemption agreements with the local owners of Fort Collins Commerce Bank, Larimer Bank of Commerce and Loveland Bank of Commerce.
April 16 - Missouri
Commerce Bancshares Inc. in Kansas City, Mo., said its first-quarter earnings rose 43% from a year earlier, to $44.2 million.
April 16 - North Carolina
When Bank of North Carolina took over Beach First National Bank in Myrtle Beach on April 9, the seller was the first bank failure in South Carolina in 11 years.
April 16 - North Carolina
Four Oaks Fincorp Inc. and a shareholder are engaged in a proxy battle over a proposal to separate the North Carolina company's chairman and CEO roles.
April 15 - Georgia
These are not easy days for community banks in Georgia and Florida, but signs of hope are springing. This week in Georgia Ameris Bancorp in Moultrie announced plans to raise nearly $74 million in fresh capital via a public offering, and Gwinnett Community Bank said it raised $5 million from members of its community.
April 15 - California
Westamerica Bancorp. of San Rafael, Calif., announced Tuesday that its first-quarter earnings fell 55% from a year earlier, to $23.6 million, as its credit costs remained relatively low but were significantly higher than a year earlier.
April 13 - Maryland
First Mariner Bancorp of Baltimore has boosted its common equity by $10.9 million. The $1.38 billion-asset company announced Tuesday that it had raised $3.9 million through a rights offering to existing shareholders, and raised the remaining $7 million in a public stock offering.
April 13 - Tennessee
The Federal Deposit Insurance Corp.'s board voted Tuesday to extend by six months its program offering unlimited deposit insurance for business accounts, a sign that it remains concerned about the health of community banks.
April 13 - Nebraska
TierOne Corp. in Lincoln, Neb., said that it has been notified that it is noncompliant with Nasdaq's listing rules for a second time in several months.
April 12 - Oregon
Pacific West Bank in West Linn, Ore., has accepted a consent order with federal and state regulators requiring it to strengthen capital and address asset-quality deterioration, the bank has announced.
April 12 - Texas
Green Bancorp Inc. announced Monday that it will receive $115 million in fresh capital from a group of private-equity firms, positioning the Houston company to become a significant acquirer in Texas.
April 12


