Community banking
Community banking
- New York
First Niagara Financial Group Inc.'s acquisition of a western Pennsylvania branch network from PNC Financial Services Group Inc. is working out better than it had expected.
January 21 -
The Federal Reserve said Thursday it has taken enforcement action against California-based Tamalpais Bancorp in an effort to ensure the bank maintains sufficient capital.
January 21 - Mississippi
Now with a war chest of capital, a clean balance sheet and willing management, Hancock Holding is primed to take advantage of down-cycle opportunities and is actively seeking acquisitions in Florida.
January 20 - Texas
Prosperity Bancshares Inc. in Houston is set to pick up Texas branches that were once owned by FBOP Corp.
January 20 -
The Federal Deposit Insurance Corp. has opened a temporary satellite office near Chicago that will house up to 500 non-permanent staff members.
January 20 -
Shares of Hanmi Financial Corp. have soared this week following reports in the Korean media that Woori Finance Holdings Co. is looking to take a large stake in the company through a potential equity investment.
January 20 -
The Federal Reserve announced enforcement actions Tuesday against Bank of Virginia.
January 20 -
The Federal Reserve issued enforcement actions Tuesday against Community Financial Holding Co., a registered bank holding company in Duluth, Ga.
January 20 - Washington
Its numbers are still a bit wanting, but Washington Federal Inc. is distinguishing itself from the pack of recession-hit also-rans in the beleaguered Pacific Northwest.
January 19 - Michigan
Mercantile Bank Corp. in Grand Rapids reported Tuesday that it swung to a fourth-quarter loss of $26.4 million, from a profit of $300,000 a year earlier.
January 19 - South Carolina
Southern First Bancshares Inc. in Greenville, S.C., reported Tuesday its fourth-quarter earnings fell 59% from a year earlier, to $152,000.
January 19 -
Fulton Financial Corp. swung to a fourth-quarter profit on a smaller loan-loss provision and a large prior-year writedown.
January 19 -
The Federal Reserve announced enforcement actions Tuesday against Bank of Virginia of Midlothian and the parent company of Gwinnett Community Bank of Duluth, Ga.
January 19 - Minnesota
The government seized banks in three states late Friday, bringing the failure total in the new year to four.
January 18 -
The government seized banks in three states late Friday, bringing the failure total in the new year to four.
January 15 - Texas
Capitol Bancorp Ltd. continued its selling spree, on Friday announcing its 10th deal since May.
January 15 -
Pacific Capital Bancorp Inc. has completed the sale of its tax division to a private-equity firm but said it is "highly unlikely" that the deal would let its tax-preparation partners offer more tax loans this year.
January 15 -
The Federal Reserve has ordered Old Southern Bank in Orlando to find a buyer or increase its equity in the next month.
January 15 - California
California regulators have approved three more mergers of failed state-chartered credit unions.
January 14


