Community banking
Community banking
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Bank regulators issued 1,143 formal enforcement actions against banks and their holding companies last year, a new record and more than double the 2008 tally.
March 9 - Florida
TIB Financial Corp. of Naples, Fla., said its fourth-quarter loss widened to $45.1 million from $13.2 million a year earlier.
March 9 - Pennsylvania
Susquehanna Bancshares Inc. of Lititz, Pa., announced it is raising as much as $395 million in capital and said it could use some of the money to repay the Treasury Department.
March 9 - Texas
With so many banks ailing, use of the Texas ratio, a quick way of assessing capital adequacy, has returned to the forefront of bank analysis.
March 9 -
A growing number of institutions worried about the Office of Thrift Supervision's future may switch to a national bank charter, putting even greater pressure on the agency's budget.
March 8 -
The most important idea raised at the bankers meeting was not to limit the $30 billion to community banks, since many face significant short-term financial problems (300 to 500 are expected to fail this year). Instead, make available up to half the $30 billion to the roughly 800 community development financial institutions, or CDFIs, nationwide that combine small-business expertise and a readily available pipeline of small-business borrowers.
March 8 -
The credit union industry may have its best chance in more than a decade to persuade Congress to double the amount of business lending it can do.
March 8 - Delaware
A group of Tribune Co. creditors sued the banks behind the publisher's 2007 leveraged buyout, claiming the $8 billion in loans they arranged for the deal doomed the company to bankruptcy.
March 8 - Nevada
With rates near all-time lows and costs still rising, it has become so difficult for credit unions to earn a positive spread for their members that Nevada Federal Credit Union is paying members to take their money elsewhere.
March 7 - Florida
Institutions in Florida, Illinois, Maryland and Utah failed Friday, bringing the year's total to 26. The failed banks held combined assets of roughly $1.1 billion and their resolution is expected to cost the Deposit Insurance Fund more than $300 million.
March 7 - Florida
Institutions in Florida, Illinois, Maryland and Utah failed Friday, bringing the year's total to 26. The failed banks held combined assets of roughly $1.1 billion and their resolution is expected to cost the Deposit Insurance Fund more than $300 million.
March 5 - Indiana
Like many community banking companies striving to protect capital against a rising tide of problem assets, Integra Bank Corp. in Evansville, Ind., is making some tough choices.
March 5 -
Like many community banking companies striving to protect capital against a rising tide of problem assets, Integra Bank Corp. in Evansville, Ind., is making some tough choices.
March 5 - Illinois
Wintrust Financial Corp. in Lake Forest, Ill., on Thursday announced pricing for a common stock offering expected to raise at least $183 million of fresh capital.
March 4 - Kentucky
The struggling Integra Bank Corp. in Evansville, Ind., has announced its third branch-sale deal of the year.
March 4 - California
City National Corp. in Los Angeles announced Thursday that it has completed repaying the Treasury Department's $400 million investment made under the Troubled Asset Relief Program.
March 4 - Illinois
Alexi Giannoulias, a Democrat in a race for the Senate against five-term U.S. Rep. Mark Kirk, a Republican, warned of the possible fate of his family's Broadway Bank during a Wednesday meeting with the Chicago Sun-Times editorial board, according to local media reports. Giannoulias would not comment to American Banker.
March 4 - New York
Though the $16.4 billion-asset company, led by the real estate developer Howard Milstein, insists its problems are under control, analysts paint a bleak picture of a company that could snap under further stress without additional capital.
March 4 -
ATMs have long been primarily used for withdrawals, but as envelope-free deposits and other advanced features have become more common, the range of typical uses for ATMs has expanded.
March 4 -




