Community banking
Community banking
-
- Minnesota
Natcom Bancshares Inc. in Superior, Wis., said it has agreed to buy Superior Bancorp.
June 20 - Virginia
The Office of Thrift Supervision has found Imperial Savings and Loan Association "critically undercapitalized" and ordered the Martinsville, Va., thrift to sell itself.
June 19 - Arkansas
The Office of the Comptroller of the Currency has classified Metropolitan National Bank in Little Rock a "troubled institution" and ordered it to reduce problem assets and improve its capital ratios.
June 19 -
-
Community bankers are once again pushing Congress to further amend the tax code so that more banks would qualify as tax-advantaged Subchapter S corporations.
June 19 - Pennsylvania
Republic First Bancorp Inc. in Philadelphia added Theodore J. Flocco Jr. to its board of directors.
June 18 - Texas
Texas Banking Commissioner Randall James announced Monday that he plans to retire Aug. 31.
June 18 - Missouri
Banks that say they plan to go private almost always do so, but a Missouri company that wants to delist its stock is facing resistance from shareholders.
June 18 -
The Office of the Comptroller of the Currency has classified Metropolitan National Bank in Little Rock a "troubled institution" and ordered it to reduce problem assets, improve its capital ratios, and address the concentration risk in its commercial real estate portfolio.
June 18 - California
Shares of United American Bank fell Tuesday after the San Mateo, Calif., company said it expects to report a loss for the second quarter as a result of a customer's bankruptcy.
June 18 -
- California
Hanmi Financial Corp. in Los Angeles has hired Jay S. Yoo, the former U.S. head of South Korea's Woori Bank, as its president and chief executive officer.
June 17 - Michigan
Firstbank Corp. in Alma, Mich., said Friday that it expects to add $3.1 million to its loan-loss provision for the second quarter.
June 16 - California
Vineyard National Bancorp in Corona, Calif., said its initial efforts to shore up capital after losing millions of dollars on bad residential construction loans have failed.
June 16 - Virginia
Terminated bank acquisitions are rarely revived, but Summit Financial Group Inc. said it wanted the troubled Greater Atlantic Financial Corp. in Reston, Va., too much to let go.
June 16 - California
When East West Bank in Pasadena, Calif., was accused of causing a borrower's default and subsequent bankruptcy, the bank offered to settle for $20 million rather than take its chances with a jury.
June 16 - Kansas
Two independent advisory firms are backing Team Financial Inc.'s proposed slate of directors over one proposed by a former director who is trying to regain his board seat at the two-bank Paola, Kan., holding company.
June 13




