Community banking
Community banking
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The latest proposal to deal with systematic risk rankles bankers in the industry's middle tier, who are being asked to share the costs of seizing much larger — and very different — institutions.
October 28 -
The Federal Reserve has ordered Cascade Bancorp of Bend, Ore., to provide it with a plan to maintain sufficient capital.
October 28 -
- Illinois
In reporting the loss of $156.4 million — by far the largest of its seven consecutive quarterly losses — William R. McManaman, Amcore's chairman and chief executive officer, said in a press release that a stock offering would be unlikely to succeed but that it continues to pursue other options for raising capital.
October 27 - Florida
A thrift's unusually structured deal to take over a nonbank commercial lender encapsulates the key challenges facing both sectors: capital for the depositories and funding for the finance companies.
October 27 - Kansas
The Federal Reserve Board used its prompt corrective action powers Tuesday on SolutionsBank of Overland Park, Kan., after deeming it undercapitalized.
October 27 -
For the first time in nine years, Congress is poised to pass a bill reauthorizing the SBA, but different approaches by the House and Senate could still undercut the effort.
October 27 -
I support the Treasury Department's announcement of core principles for regulatory capital standards. Higher capital standards will enhance the stability of the financial system.
October 27 - Pennsylvania
Metro Bancorp in Harrisburg, Pa., swung to a $490,000 loss in the third quarter, but said it plans to use the $77.9M of capital it just raised to complete its pending acquisition of Republic First Bancorp in Philadelphia and continue growing aggressively.
October 27 - Oregon
West Coast Bancorp of Lake Oswego, Ore., one of many struggling institutions in the Pacific Northwest, said Monday it managed to raise all the capital it needed to satisfy regulators — and then some.
October 26 -
Regulators at the American Bankers Association's annual meeting in Chicago discussed how best to replenish the Deposit Insurance Fund.
October 26 - Illinois
Suprisingly sharp deterioration of its commercial real estate loans forced PrivateBancorp Inc. in Chicago to a $31.2 million loss in the third quarter and sent its stock tumbling Monday.
October 26 - Kentucky
Porter Bancorp Inc. of Louisville, Ky., moved ahead Friday with plans to buy Citizens First Corp. directly from shareholders, after getting snubbed by the board.
October 24 - Wisconsin
Failures in 2009 shot past the 100-mark late Friday as regulators swooped into seven community banks in the Midwest and southeast.
October 24 - Illinois
Failures in 2009 shot past the 100-mark late Friday as regulators swooped into seven community banks in the Midwest and southeast.
October 23 - Georgia
Though United Community Banks in Blairsville, Ga., continued to suffer worse-than-expected loan losses in the third quarter, it offered an optimistic outlook on a conference call Friday.
October 23 - Michigan
Citizens Republic Bancorp in Michigan is finding that capital counts for a lot. The company lost $853.4 million in the past year and a half, including $56.9 million in the third quarter.
October 23 -
Citizens Republic Bancorp in Flint, Mich., is finding that capital counts for a lot. The company lost $853.4 million in the past year and a half, including $56.9 million in the third quarter.
October 23 - Connecticut
Webster Financial Corp. in Waterbury, Conn., said Thursday that its loss in the third quarter deepened by 20% from the year earlier, to $26.1 million, as credit quality continued to sour.
October 22



