Though loans and deposits grew, Susquehanna Bancshares Inc. in Lititz, Pa., said Wednesday that its first-quarter profit plummeted 93%, to $1.9 million, or 2 cents a share.

First-quarter earnings at Cullen/Frost Bankers Inc. in San Antonio slid 15% from a year earlier, to $45 million.

International Bancshares Corp. in Laredo, Texas, has proven that repurchasing common shares is not out of the question for recipients of government capital.

MIDWEST

Shares of BancorpSouth Inc. surged Tuesday after the $13.5 billion-asset Tupelo, Miss., company reported earnings that beat analysts' expectations.

After paying dividends on its government capital and hiking its provision for loan losses, Fulton Financial Corp. in Lancaster, Pa., said late Tuesday its first-quarter profit fell 81% from a year earlier, to $8.1 million, or 5 cents a share.

The deeply troubled Michigan Heritage Bancorp Inc. in Farmington Hills has lost its angel investor.

Finally, a banking company has something good to say about the Treasury Department's Troubled Asset Relief Program.

Nara Bancorp Inc. said Tuesday that it swung to a first-quarter loss of $3.2 million, or 16 cents a share, because of a higher loan-loss provision.

More community banking companies are abandoning student lending.

Southern Missouri Bancorp Inc. in Poplar Bluff, Mo., is entering northeast Arkansas by buying a $30.5 million-asset bank that has been under a regulatory order for more than a year.

Talk about going from bad to worse.

Ohio Legacy Corp., which is scrambling to raise capital or find a buyer, has joined the list of companies warning of possible failure.

Shareholders of both companies like the idea of Yadkin Valley Financial Corp. in Elkin, N.C., buying the $532 million-asset American Community Bancshares Inc. in Charlotte.

Shore Bancshares Inc. of Easton, Md., returned its government capital this week.

Umpqua Holdings Corp. of Portland, Ore., announced Thursday that it lost $13.8 million, or 23 cents a share, in the first quarter, as chargeoffs spiked.

Citing elevated credit costs, Washington Federal Inc. in Seattle said late Friday that profits fell 76% from a year earlier, to $8.4 million, in its fiscal second quarter, which ended March 31.

Midwest Banc Holdings Inc. of Melrose Park, Ill., is looking for a buyer and a new chief executive officer.

In today's market, more banking companies may bite the bullet and sell favored, profitable side businesses to raise cash quickly.

Beverly Hills Bancorp Inc. of Calabasas, Calif., is back to looking for a buyer, with no prospects in sight.