Community banking
Community banking
- Maryland
Six years ago WSFS Financial Corp. sold its reverse mortgage unit as part of an effort to focus more on its core banking business in Delaware.
May 14 - Texas
First Financial Bankshares Inc. in Abilene said it has sold $50 million of student loans this quarter for a pretax premium of $1.5 million, but it also said it is unsure it can continue to profit from that business line.
May 14 - California
First California Financial Group Inc. in Los Angeles said Tuesday that it earned $2.2 million, or 19 cents a share, in the first quarter, after posting a loss of $1.1 million, or 15 cents a share, in the year-earlier period.
May 14 - Louisiana
Two years ago Iberiabank Corp. of Lafayette, La., said it wanted to be in three areas of Arkansas — Little Rock, Jonesboro, and the northwest part of the state.
May 14 - North Dakota
Business is booming for the only bank in the country owned by its state's taxpayers.
May 13 - Ohio
Two Ohio community banks have called off an acquisition deal announced in November, citing an unforeseen delay in regulatory approval.
May 13 - Pennsylvania
American Realty Capital Trust Inc., a real estate investment trust in Jenkintown, Pa., has bought 18 branches from Rockland Trust Co. for $33 million and is leasing them back to the Massachusetts bank.
May 12 - Nebraska
A large loan-loss provision and an even larger goodwill impairment charge led to another quarterly loss for TierOne Corp. of Lincoln, Neb.
May 12 - Pennsylvania
Measured in dollars, Willow Financial Bancorp Inc.'s restated earnings for fiscal years 2006 and 2007 do not amount to much.
May 9 -
Watching an educational DVD the other night with my kids, I learned that the second and later waves of a tsunami can be even larger and more damaging than the unexpected first wave.
May 9 -
Nara Bancorp in Los Angeles said that it has lowered its previously reported first-quarter earnings by 17.1%, to $5.8 million, or 22 cents a share, after it had boosted its loss provision by $2.1 million to cover a loan in which it had participated with another lender.
May 9 - Virginia
Under Richard I. Linhart, Millennium Bankshares Corp. of Reston, Va., is getting back to basics.
May 9 - Washington
AmericanWest Bancorp. in Spokane used to have an employee devote several days each month to compiling information for its directors on a compact disc, but the $2.1 billion-asset company recently started disseminating the information through a secure online portal.
May 9 - Indiana
In announcing a fifth consecutive quarterly loss Wednesday, Irwin Financial Corp. in Columbus, Ind., said it would consider exiting its troublesome home equity business.
May 8 - California
Any chance that PFF Bancorp could survive as an independent company appeared to disintegrate last week when it said it expects to report a $159 million loss for its fiscal fourth quarter, which ended March 31.
May 8 - Ohio
With the troubles of the automobile industry battering its home territory, First Place Financial Corp. is buying its way into the more stable markets of southern Ohio.
May 8 -
- Georgia
The troubled Integrity Bancshares Inc. of Alpharetta, Ga., has entered a written agreement with the Federal Reserve Bank of Atlanta and the Georgia Department of Banking and Finance.
May 7






