Community banking
Community banking
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With chargeoffs spiking, Umpqua Holdings Corp. in Portland, Ore., lost $10.4 million in the third quarter, disappointing analysts who expected a profit and causing its stock to slip Thursday.
October 15 - Pennsylvania
Most struggling bank companies are clamoring for someone, anyone willing to help, but Patriot National Bancorp Inc. is sizing up its suitors.
October 14 -
Third-quarter earnings at Commerce Bancshares Inc. in Kansas City, Mo., surprised analysts — in a good way.
October 14 -
The House Financial Services Committee is expected to pass an amendment this week that would exempt community banks from enforcement by a proposed new consumer ...
October 14 -
Third-quarter earnings at Commerce Bancshares Inc. in Kansas City, Mo., surprised analysts — in a good way.
October 14 - Texas
Texas Dow Employees CU, one of the largest locally-owned financial institutions, is calling on Texans to shun the out-of-state and international banks that are buying up increasing parts of the local market.
October 14 - Oregon
Citing the possibility of regulatory orders that might impose higher capital requirements, three West Coast banking companies are moving forward with stock offerings.
October 13 -
Credit unions are widely expected to be subjected to the proposed consumer financial protection agency's jurisdiction, despite lobbying to be exempted.
October 13 - Missouri
Instead of reporting third-quarter results as expected Tuesday, Enterprise Financial Services Corp. in Clayton, Mo., announced a delay.
October 13 - Maryland
Ordered by regulators to improve capital ratios at its bank unit, First Mariner Bancorp of Baltimore is unloading a consumer finance arm for about half of what it thinks the business is worth.
October 13 - New Jersey
Sun Bancorp Inc. in Vineland, N.J., warned Friday that it expects to report a third-quarter provision for loan losses of $16.2 million, a 133% increase from the second quarter.
October 9 -
The FDIC's decision to keep secret the losing bids for failed banks – after two decades of disclosing them – is proving controversial, with reactions ranging from outrage to just plain puzzlement.
October 9 -
William Isaac, a former chairman of the Federal Deposit Insurance Corp., says he understands why the agency might want to keep secret the losing bids for failed banks.
October 9 -
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Global Consumer Acquisition Corp., a blank-check company, said Wednesday that its shareholders had approved a deal to buy the $45 million-asset 1st Commerce Bank in North Las Vegas.
October 7 -
FirstFed Financial Corp. is looking to join the handful of other strugglers that have managed to woo investors in recent weeks. But as a California company chock full of option adjustable-rate mortgages, FirstFed could be the biggest test yet for the rebounding capital markets.
October 7 -
In the second deal using a new system for failed-bank asset sales, the Federal Deposit Insurance Corp. said late Tuesday that four investors will receive FDIC financing to acquire a piece of Corus Bank.
October 7 - California
As the former chief executive of Fair Isaac Corp., Larry E. Rosenberger knows a thing or two about credit risk. Now he's taking one, by extending a $500,000 loan to the cash-strapped Tamalpais Bancorp.
October 6 -
Beijing-based China Minsheng Banking Corp. plans to seek U.S. regulatory approval to increase its stake in San Francisco-based UCBH Holdings Inc., Bloomberg News reported Monday, citing two unnamed people briefed on the matter.
October 6



