Community banking
Community banking
- Michigan
Mercantile Bank Corp. in Grand Rapids is warning investors that it expects to record a loss for the first quarter after concluding that "numerous" commercial borrowers would be unable to make their loan payments.
March 31 - Texas
Mutual of Omaha’s thrift unit is wasting no time following through on a pledge to build a nationwide branch network.
March 28 - North Carolina
Activist Cape Fear Bank Corp. shareholder Maurice J. Koury fielded an alternative slate of director nominees Thursday for the $464 million-asset bank in Wilmington, N.C.
March 28 - Nebraska
Now that its long-delayed sale to a Maryland real estate investment trust has officially been called off, TierOne Corp. is focused on getting its house back in order.
March 28 -
- Texas
Hispanic consumers and business owners are not saving and borrowing as much as bankers had hoped.
March 27 - California
Are Capital Corp. of the West's days as an independent company numbered?
March 26 - Missouri
Centrue Financial Corp. decided to make St. Louis its new home because its old one did not offer the same opportunity for growth.
March 26 - Virginia
TransCommunity Financial Corp. in Glen Allen, Va., said Monday that three shareholder groups that had previously objected to its agreement to sell itself to a "blank check" company in Alexandria have given the deal their blessing.
March 25 - California
For Jeff Smith, the potential nightmare of identity theft hit home when his wife received a call in December from the couple's credit card company asking if she had made a $250 purchase at a Jack-in-the-Box in Ontario, Calif.
March 25 - South Dakota
A South Dakota law that is scheduled to take effect July 1 could pave the way for state-chartered banks to start building more branches.
March 25 - Iowa
Liberty Financial Services Inc. of Sioux City, Iowa, plans to acquire Valley Bank, an Elk Point, S.D., unit of Haugo Bancshares Inc. of Sioux Falls.
March 25 - Texas
Surety Bank in Fort Worth, which has been riddled with troubles in recent years, has a definitive agreement to sell itself to First Graham Bancorp Inc. for about $8.7 million, or $3 million above equity.
March 25 -
Click here to see the top 150 community banks with the largest consumer and industrial loan portfolios.
March 25 - Florida
BankAtlantic Bancorp Inc. of Fort Lauderdale, Fla., said Monday that it would use the proceeds from its sale of Stifel Financial Corp. stock to establish a subsidiary that would house and acquire the parent's nonaccruing loans.
March 25 - Nebraska
TierOne Corp. of Lincoln, Neb., announced late Thursday that its board has terminated its planned sale to CapitalSource Inc., a Chevy Chase, Md., real estate investment trust.
March 24 - Texas
Another group of wealthy Texans is buying up community banks.
March 24 - Pennsylvania
Leesport Financial Corp. of Wyomissing, Pa., has changed its name to Vist Financial Corp. and said all its divisions will operate under that name.
March 24 - Kentucky
First Financial Corp. of Elizabethtown, Ky., plans to acquire FSB Bancshares Inc. in Lanesville, Ind., for $14 million in cash.
March 24





