Community banking
Community banking
- Washington
AmericanWest Bancorp. in Spokane said Thursday that it has given up on getting an investment from the Treasury Department, but that it is still pursuing other avenues to raise capital.
May 1 - North Carolina
Four Oaks Fincorp Inc. in North Carolina has agreed to buy Nuestro Banco in Raleigh for about $2.7 million in stock.
May 1 -
I was complaining to my wife recently that everything these days comes in impenetrable plastic casings. Frustrated and in a hurry, I grabbed a pocket knife. Let's just say that the package wasn't the only thing I opened.
May 1 - Washington
Horizon Financial Corp. in Bellingham, Wash., said Thursday that it swung to a loss in the first quarter and that Dennis Jones, the president and chief operating of its bank, had resigned.
May 1 - Massachusetts
Berkshire Hills Bancorp Inc. in Pittsfield, Mass., is shelling out for an acquisition in a neighboring market even as it prepares to repay government capital.
May 1 - California
After a severe worsening of credit problems last quarter, and with further weakening expected, UCBH Holdings Inc. is under pressure to boost capital levels — beyond an infusion it has lined up from a big shareholder in China.
April 30 -
- Indiana
Six months after raising roughly $25 million in an initial public offering, First Savings Financial Group Inc. in Clarksville, Ind., is putting the money to work in a deal that would more than double its asset size.
April 30 - Florida
Bank of Florida Corp. in Naples posted its third consecutive quarterly loss Tuesday on another spike in nonperforming loans and chargeoffs.
April 29 - Illinois
As president and chief operating officer of Amcore Financial Inc., Donald H. Wilson spent more than a year trying to fix its loan troubles, all in vain.
April 29 - California
In reporting a $5.2 million first-quarter loss it attributed to continuing credit trouble, Hanmi Financial Corp. of Los Angeles said Tuesday it has gone after deposits more aggressively than loans.
April 29 - California
In reporting a $5.2 million first-quarter loss it attributed to continuing credit trouble, Hanmi Financial Corp. of Los Angeles said Tuesday that it has been going after deposits more aggressively than loans.
April 29 - Ohio
United Bancshares Inc. of Columbus Grove, Ohio, said Monday that it is seeking to withdraw its application to participate in the Treasury Department's Capital Purchase Program.
April 28 - California
NorCal Community Bancorp in Alameda, Calif., said it must restate its 2008 results after a regulatory exam and that it expects to swing to a loss because of an increase in impaired assets.
April 28 - Illinois
After five consecutive quarters of losses, PrivateBancorp Inc. of Chicago might have expected a more positive reaction to its surprising $4.8 million profit for the first quarter.
April 28 - Mississippi
Many bankers have complained that valuing real estate has become more of a guessing game these days, but few have gone so far as Hugh Potts Jr., the chairman and chief executive officer of First M&F Corp. in Kosciusko, Miss.
April 27 - Washington
Sterling Financial Corp. in Spokane had good news and bad news about its first-quarter loss of $24.8 million.
April 27 - Michigan
Still struggling with rising loan losses, Capitol Bancorp Ltd. is now looking to sell some of its 53 banks.
April 27 - Texas
Though many community banking companies are expanding in mortgages, the start-up First Texas BHC Inc. is going further than most by offering second liens on million-dollar homes.
April 24





