Community banking
Community banking
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Flagstar Bancorp's staggering $200.3 million fourth-quarter loss might have seemed as bad as it could get.
March 17 -
CIB Marine Bancshares Inc. is facing bankruptcy because it owes more money on its trust-preferred securities than it can afford to pay.
March 16 - New Mexico
With the pending sale of its Colorado branches, the pressure to raise capital is off for First State Bancorp. in Albuquerque, but it still must contend with rising problem loans.
March 13 -
- Florida
Citing deteriorating credit quality, TIB Financial Corp., of Naples, Fla., said Thursday it lost $13.3 million in the fourth quarter, roughly double the amount it lost a year earlier.
March 13 - Iowa
In his first two and a half months as the chief executive of First Federal Bankshares Inc. in Sioux City, Iowa, Levon Mathews has cut expenses by trimming jobs and selling a branch.
March 12 - Colorado
Under regulatory pressure to raise capital, First State Bancorp. in Albuquerque is selling its Colorado branches to Great Western Bank in Watertown, S.D.
March 12 -
- New York
Park Avenue Bank in New York said Tuesday that its board members and other investors recently gave it a $25 million cash infusion.
March 11 - California
Manhattan Bancorp in El Segundo, Calif., is trying to revive the mortgage conduit business model practiced several years ago by Wall Street firms.
March 11 - Ohio
Camco Financial Corp. in Cambridge, Ohio, has revised its fourth-quarter results, saying it lost $2.3 million more than it previously reported.
March 11 - Michigan
The Office of Thrift Supervision has ordered Home Federal Savings Bank in Detroit to sell itself.
March 10 -
With the banking industry wounded from the financial crisis, credit unions are hoping lawmakers will finally pass a bill allowing them to expand their business lending.
March 10 - California
CommerceWest Bank in Irvine, Calif., announced Friday that it has agreed to acquire Discovery Bancorp in San Marcos, Calif., in an all-stock transaction.
March 9 - North Carolina
A North Carolina banking deal is in danger of being undone, quite unusually, from the inside out.
March 9 - Illinois
Amcore Financial Inc. in Rockford, Ill., has bought itself some time to raise capital by deferring the interest payments on its trust-preferred securities.
March 6 -
Recent conversations with bankers about budgetary "belt tightening" have given me flashbacks to my first job in banking.
March 6




