Community banking
Community banking
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By playing up how they can help create jobs, credit unions are gaining momentum with their effort to increase the cap on member business lending.
February 1 -
Understanding that they are only as healthy as the communities they serve, banks are using their marketing prowess to help clients sell everything from burgers to bikes.
February 1 - Florida
WASHINGTON — For the second Friday in a row, the Federal Deposit Insurance Corp. relied on new-bank capital to find homes for the operations of failed institutions.
January 31 - Montana
Glacier Bancorp Inc. of Kalispell, Mont., said Friday that its fourth-quarter net earnings fell 44% from a year earlier, to $9.5 million.
January 31 - Pennsylvania
Harleysville National Corp. of Pennsylvania announced Friday that its fourth-quarter net income fell 26% year over year, to $2.8 million.
January 31 - Delaware
The $11 billion-asset company reported a net loss available to shareholders of $15.7 million, compared with a $69.4 million for the fourth quarter of 2008.
January 31 -
Loan sales helped a growing number of community banks push some of their problems out the door in the fourth quarter.
January 29 - Illinois
Loan sales helped a growing number of community banks push some of their problems out the door in the fourth quarter.
January 29 -
Details for a planned $30 billion program to help community banks lend to small businesses are still being worked on, but the Obama administration is leaning toward removing the strings that have scared institutions away from other capital programs.
January 28 - Michigan
The $14.8 billion-asset thrift company announced late Wednesday that MatlinPatterson Global Advisors LLC, a New York private-equity firm, injected $300 million into Flagstar as part of a rights offering announced late last year.
January 28 - Louisiana
Even as many other community banks have recoiled, Iberiabank Corp. lately has been on a growth tear — raising capital, buying four failed banks and picking up lending teams from competitors.
January 28 -
- Georgia
With nonperforming assets declining and two consecutive profitable quarters under its belt, the Atlanta company is planning for a year of black ink.
January 27 - Ohio
Despite three big boosts to capital in 2009, First Financial Bancorp in Cincinnati is looking to amass an even bigger treasure chest of capital this year.
January 27 -
A panel formed by the Federal Deposit Insurance Corp. to explore community banking issues is to hold its second meeting Thursday.
January 26 - Iowa
Heartland Financial USA Inc. of Dubuque, Iowa, reported a net 2009 loss of $9.2 million for common shareholders, 200% larger than the 2008 loss.
January 26 - New York
Signature Bank reported Tuesday that fourth-quarter earnings rose more than 60%, capping what the New York company said was its best year since its inception in 2001.
January 26 - Virginia
After three consecutive quarterly losses, Virginia Commerce Bancorp Inc. announced Tuesday that it returned to profitability in the fourth quarter.
January 26 - California
Shares of Nara Bancorp Inc. fell 5.5% early Tuesday, but rebounded to close down 1.24% to $8.73 after the Los Angeles company announced a fourth-quarter loss. It was, however, an 85% narrower loss than posted a year earlier.
January 26



