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Community banking

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  • Indiana

    MainSource Financial Group Inc. in Greensburg, Ind., said Wednesday that it has a deal to buy 1st Independence Financial Group Inc. in Louisville, Ky., for $37 million in cash and stock.

    February 28
  • Maryland

    Provident Bankshares Corp. warned Wednesday that it expects to write down as much as $47.7 million this quarter because of a significant drop in the value of its investment securities.

    February 28
  • Washington

    Umpqua Holdings Corp. in Portland, Ore., has restructured its retail banking division and created six "super regions" for its Oregon, Washington, and California markets.

    February 27
  • Minnesota

    PrivateBank has expanded into the Minneapolis market after adding three executives from LaSalle Bank Corp.

    February 27
  • Iowa

    Meta Financial Group Inc. has been notified that Nasdaq Stock Market Inc. might delist its stock because it did not file a quarterly earnings report with the Securities and Exchange Commission on time.

    February 27
  • California

    Many young people like to participate in improvisational comedy skits — even if they are about saving money.

    February 27
  • California

    A proxy fight is brewing at Vineyard National Bancorp — and the antagonist is the Corona, Calif., company's former chief executive officer.

    February 26
  • Texas

    After Hurricane Katrina slammed into New Orleans in August 2005, the future for Liberty Bank and Trust Co. appeared uncertain.

    February 26
  • Illinois

    Kenneth E. Edge, who was credited with transforming Amcore Financial Inc. of Rockford, Ill., from a local to a regional player in northern Illinois, has retired as its chief executive officer.

    February 26
  • Missouri

    Central Bancompany in Jefferson City, Mo., plans to merge two of its banks to create the ninth-largest bank in the Kansas City market.

    February 25
  • Oregon

    Shares of Cascade Bancorp fell sharply Friday after the Bend, Ore., company announced it had revised fourth-quarter and 2007 earnings to reflect growing weakness in its portfolio of construction and land development loans.

    February 25
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    For more information on this data, visit Novantas LLC and Market Rates Insight.

    February 25
  • New York

    First of Long Island Corp. in Glen Head, N.Y., said Friday that its fourth-quarter net income rose 10.6% from a year earlier, to $3 million. Earnings per share rose 11%, to 40 cents.

    February 25
  • Oklahoma

    Exchange Bancshares of Moore Inc. in Moore, Okla., said it has agreed to sell itself for $16.1 million, minus some items, to an investor group led by a Michigan physician.

    February 25
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    Pennsylvania

    Don't tell TriState Capital Bank's president, Bill Schenck, that loan demand is weak these days.

    February 25
  • Massachusetts

    Boston Private Financial Holdings Inc.'s stock plunged Thursday, after the company warned that its fourth-quarter loss would be higher than the previously announced $20.4 million, due to a significant increase in its loan-loss provision.

    February 22
  • Utah

    The banking industry’s image has suffered as fees have jumped and foreclosures have spiked, so bankers in Utah are trying to change the public’s perception.

    February 22
  • Maryland

    Investors and analysts who listened to CapitalSource Inc.'s earnings conference call early Thursday morning expecting to gain more insight on the Maryland real estate investment trust's pending acquisition of TierOne Corp. were disappointed.

    February 22
  • Oregon

    Cascade Bancorp in Bend, Ore., said Thursday after the market closed that it earned $5 million less in the fourth quarter than it first reported last month due to deterioration in its portfolio of construction and land development loans.

    February 22