Community banking
Community banking
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PrivateBancorp Inc. of Chicago has agreed to buy the $217 million-asset Piedmont Bancshares Inc. in Atlanta for $46.6 million in cash and stock.
August 4 -
Community Bank System Inc. in DeWitt, N.Y., has a deal to buy ONB Corp. in Clifton Springs for $15.7 million in cash.
August 4 -
Abigail Adams National Bancorp Inc. in Washington said regulators have terminated their enforcement order against its Consolidated Bank and Trust Co. of Richmond, Va.
August 4 -
In its first nine months of operation, an industrial loan company with an unconventional business model has already amassed nearly $200 million of loans and is on pace to exceed its goal of having $282 million of assets by Oct. 31.
August 3 -
Omega Financial Corp. in State College, Pa., is selling three of its branches as part of a refinement of its retail network.
August 3 -
Placer Sierra Bancshares' decision to pull back its commercial real estate lending to focus on higher-yield commercial and industrial loans did not go over well with investors and analysts.
August 3 - Pennsylvania
Wilber National Bank in Oneonta, N.Y., is suffering along with its customers from the June floods that wreaked havoc in much of the Northeast.
August 2 -
Federal regulators have taken control of a tiny Philadelphia credit union after a routine examination turned up record-keeping improprieties.
August 2 -
Bradford Bancorp Inc. in Baltimore is buying the $50 million-asset Valley Bancorp in Hunt Valley, Md., for $9.6 million in cash.
August 2 -
The wave of Texas mergers and acquisitions in recent months could accelerate dealmaking among small banking companies and spawn a new generation of publicly traded ones, industry observers say.
August 2 - Pennsylvania
J. Roger Moyer Jr., the president and chief executive officer of Sterling Financial Corp. in Lancaster, Pa., recognizes the power of words.
August 1 - Virginia
Ten Virginia banks bound by an unusual holding company structure are merging into a single bank that would be among the largest headquartered in the state.
August 1 -
Center Bancorp in Union, N.J., said Monday that second-quarter earnings fell 26% from the year-earlier quarter as a result of a balance-sheet restructuring earlier this year.
August 1 -
Habersham Bancorp in Cornelia, Ga., announced second-quarter earnings of $1.3 million, up nearly 56% from a year earlier. Per-share earnings rose 52%, to 44 cents.
August 1 -
C&F Financial Corp. of West Point, Va., announced Monday that it believes two former employees stole $2.2 million from its mortgage subsidiary.
August 1 -
Gardiner Savings Institution FSB in Maine has a deal to buy First Citizens Bank in Presque Isle for $20.8 million in cash.
July 31 -
With an efficiency ratio of 78.32%, Sun Bancorp Inc. in Vineland, N.J., has a lot of room for improvement — and a long way to go before impressing analysts.
July 31 -
Atlantic Southern Financial Group Inc. in Macon, Ga., has announced a deal to buy the $62 million-asset Sapelo Bancshares Inc. of Darien for $15.4 million in cash and stock.
July 31 -
MetroCorp Bancshares Inc. of Houston said its second-quarter earnings rose 22.5% compared with the same period last year, to $3.4 million.
July 31 -
First Financial Bancorp in Hamilton, Ohio, said second-quarter earnings fell 56% from a year earlier, to $4.4 million, because of costs associated with a restructuring.
July 31



