MIDWEST

After months of heated dissent and a shareholder meeting that spilled into a second day, FNB Corp. in Christiansburg, Va., won its shareholders' approval Wednesday to merge with Virginia Financial Group Inc. in Culpeper.

After a $6.9 million fourth-quarter loss caused by a growing pile of bad loans, Security Bank Corp. in Macon, Ga., is out to replenish its capital.

Cornerstone Bancshares Inc. of Chattanooga, Tenn., said Wednesday that a recently discovered problem with a commercial loan forced it to restate its fourth-quarter results.

Sun American Bancorp in Boca Raton, Fla., could end up getting back some of the price it paid in a bank acquisition a year ago.

Bad boat loans caused a 35.8% decline in Annapolis Bancorp Inc.'s fourth-quarter net income, to $531,000.

Whoever becomes the next chief executive at MainSource Financial Group Inc. will have some work to do to boost its lackluster performance, analysts said.

Hanmi Financial Corp. in Los Angeles reported a fourth-quarter loss of $100 million after a goodwill impairment charge of $102.9 million and a higher loan-loss provision.

Hanmi Financial Corp. in Los Angeles reported a fourth-quarter loss of $100 million after a goodwill impairment charge of $102.9 million and a higher loan-loss provision.

An executive and two board members who were at Summit Bancshares Inc. in Fort Worth when it was sold in 2006 are getting back into community banking.

Bankers already monitor rivals’ loan activity through Uniform Commercial Code filings, but with competition for commercial loans becoming increasingly fierce, a California data-mining company has developed a service that simplifies the act of surveillance.

A consent order that Pennsylvania Commerce Bancorp Inc. in Harrisburg has signed with the Office of the Comptroller of the Currency restricts insider dealings at the company, but analysts said it does not appear to be as "onerous" as the order against its bigger New Jersey namesake.

Shares of Omni Financial Services Inc. plunged Friday after the Atlanta company delayed its fourth-quarter and full-year earnings reports and said that it had discovered "lending policy violations and internal control deficiencies" in its inner city lending division.

It's not hard to find a bank under pressure in Florida, but Federal Trust Corp. of Sanford is struggling more than most.

Capital Corp. of the West in Merced, Calif., said it has filed its fourth-quarter call report with the Federal Reserve Bank of San Francisco but that it would not release its full results for the quarter and full year until it completes a review of its operations.

Hanmi Financial Corp. of Los Angeles said it expects to post losses for the fourth quarter and the full year, because of a goodwill impairment charge of at least $70 million.

The serial acquirer Prosperity Bancshares Inc. of Houston has found another opportunity to bulk up in its hometown.

One casualty of the economy’s downturn has proven to be the goodwill held on banks’ balance sheets.

To the growing list of reasons many community banks’ earnings are suffering, add the declining value of their investments in Fannie Mae and Freddie Mac.