Community banking
Community banking
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Provident Bankshares Corp. said Tuesday that its unit Provident Bank will provide for a $4.1 million reserve from third-quarter earnings in connection with a non-accrual status loan.
October 2 -
Great Lakes Bancorp Inc. said Monday it has stopped mortgage banking activities in Buffalo and Long Island, N.Y., and is no longer accepting residential mortgage applications.
October 1 - Michigan
Monarch Community Bancorp Inc. in Coldwater, Mich., said Friday that shareholders would vote Oct. 9 on its plan to go private and delist its shares, which currently trade on the Nasdaq exchange.
October 1 - Pennsylvania
Two of Fulton Financial Corp.'s banking units have announced they plan to merge.
October 1 - Maryland
BCSB Bankcorp Inc. in Baltimore has pushed back the deadline for buying shares in its second-step conversion offering — and given current subscribers the chance to back out — after warning of worse-than-expected fiscal fourth-quarter results.
October 1 - South Dakota
The Small Business Administration is testing a program meant to encourage more community banks and credit unions to make government-guaranteed loans in rural markets.
September 28 - Washington
First Sound Bank in Seattle has an agreement to buy Puget Sound Leasing Co. in Bellevue, Wash.
September 28 - Washington
An active acquirer for much of the 1990s, Frontier Financial Corp. of Everett, Wash., lost out on a number of potential deals this decade by being outbid by larger companies with deeper pockets.
September 28 - Florida
Atlantic Southern Bank of Macon, Ga., will open its first Florida branch in Jacksonville.
September 28 - Washington
Venture Financial Group Inc. of DuPont, Wash., is postponing its initial public offering.
September 28 - Colorado
Mutual of Omaha's foray into banking is still in the formative stage, but the insurer has already made clear it wants its operation to have a higher stand-alone retail profile than those run by rivals.
September 27 -
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Pulaski Financial Corp. in St. Louis said that Christopher K. Reichert, the executive vice president in charge of its mortgage operations, has resigned to pursue other opportunities.
September 27 - Indiana
Old National Bancorp Inc. in Evansville, Ind., has struck a deal to sell and lease back 25 of its branches and said it has an agreement in place to sell and lease back dozens more.
September 26 - Texas
First Horizon National Corp.'s decision to unload its Texas branches came at a perfect time for Sterling Bancshares Inc. of Houston.
September 26 - New York
Kenneth E. Buhrmaster, a top executive at the $270 million-asset 1st National Bank of Scotia in New York for 60 years before retiring in 2005, died Sunday. He was 92.
September 26 - Illinois
Speculation about a sale of TCF Financial Corp. is stirring again, but analysts said if TCF is shopping itself, it could struggle to get a good price.
September 26 -
Frontier Financial Corp., in a move to strengthen its presence in western Washington, on Wednesday agreed to acquire Washington Banking Co. for $191.1 million, or $21.40 a share.
September 26 - Illinois
ShoreBank Corp. in Chicago is wading into the subprime crisis with a plan to refinance thousands of subprime home loans into traditional mortgages.
September 25





