DNB Financial Corp. in Downington, Pa., Friday reported fourth-quarter earnings of $573,000 compared with a loss of $230,000 for the year-earlier quarter.

Bank of Granite Corp. of Granite Falls, N.C., said Wednesday that the Nasdaq stock market notified it that it now complies with the exchange's listing rules.

Capitol Federal Financial of Topeka, Kan., reported Thursday that its fourth-quarter profit rose 32% year over year, to $21 million.

A Chicago entrepreneur is suing the Federal Deposit Insurance Corp. to win back capital he invested in a bank in the months before it failed.

First Mariner Bancorp's sale of its consumer finance arm hurt its quarterly results, but boosted capital.

With more bank failures expected in the Pacific Northwest, Umpqua Holdings Corp. in Portland, Ore., announced late Tuesday that it plans to raise $215 million in new equity that could be used to buy failed banks.

WEST

Talk about a strange brew. Cathay General Bancorp in Los Angeles was hit by an enforcement action in December, tapped the equity markets this week and is now contemplating expansion.

While regional and national banks with large portfolios have workout departments that take over distressed commercial loans, community banks do not.

The continuing collapse in bank lending has been of a piece with the severity of the Great Recession, but it has relatively recent precedent.

Household balance sheets may be in shambles, and lenders badly wounded by the banking crisis, but, compared with some previous downturns, the recent contraction in consumer credit appears to have been middling so far.

East Texas Financial Services Inc. in Tyler has agreed to be acquired for $23.5 million by a company owned by one of its board members.

WASHINGTON — Billions of dollars of losses accruing among corporate credit unions, a network of bankers' banks that aggregate the savings of tens of millions of credit union members, are being passed down the three-tiered credit union system to the bottom — the nation's 7,800 regular credit unions.

WASHINGTON — Though lawmakers said Tuesday they support the goal of President Obama's $30 billion program to spur small-business lending, many sharply criticized the proposal, arguing it either would not work or could be done more directly.

After three consecutive years of losses directly related to residential real estate, Flagstar Bancorp Inc. of Troy, Mich., is looking to diversify its portfolio in 2010.

In an attempt to avoid the stigma of the Troubled Asset Relief Program, President Obama announced Tuesday a separate $30 billion program to help small businesses receive loans from community banks.

Citizens Republic Bancorp Inc. in Flint, Mich., announced Monday that it has agreed to sell its F&M Bank subsidiary in Des Moines for $50 million in cash to Great Western Bank, a Sioux Falls, S.D., unit of National Australia Bank.

WASHINGTON — Though President Obama has pledged to divert billions into community banks willing to make small-business loans, many financial institutions say loans to smaller firms are falling into delinquency at a high rate.

Fourth-quarter earnings reports from small and midsize banking companies showcase some favorable trends, notably that credit deterioration appears to be stabilizing and deposits have bloomed on many balance sheets.

President Obama's fiscal 2011 budget proposal would provide $994 million for the Small Business Administration, a 21% increase over the 2010 enacted level.