Community banking
Community banking
- Georgia
Expecting losses in its residential construction loan portfolio to continue to mount, WGNB Corp. of Carrollton, Ga., is looking to raise as much as $25 million.
June 24 - Pennsylvania
Gary Roberts plans to retire July 1 as the president and chief executive officer of First National Bank of Pennsylvania, a unit of F.N.B. Corp. in Hermitage.
June 23 - Pennsylvania
For community banks looking to gain scale and improve efficiency, their options are generally to acquire or be acquired.
June 23 -
Dick Kovacevich had a clear philosophy at Norwest and Wells Fargo: Money moves.
June 20 -
- 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 -
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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




