After helping Placer Sierra Bancshares in Sacramento nearly quadruple its assets by financing a string of deals, a San Francisco private equity fund is looking to repeat that performance.

Michael W. Gullion, the founder and former chairman and chief executive of Gold Banc Corp. in Leawood, Kansas, pleaded guilty Monday to two counts of embezzling $1.9 million from the company between 2001 and 2003.

Community bankers are much less nervous about mutual funds and brokerage firms than they were five years ago.

Continuing its expansion into new markets in the Southeast, Cadence Bank of Starkville, Miss., said it plans to open a branch near Nashville.

SouthFirst Bancshares Inc. of Sylacauga, Ala., is going private.

Allan R. Dennison's two years at AmeriServ Financial in Johnstown, Pa., have been eventful.

MIDDLE ATLANTIC

Greater Atlantic Financial Corp.'s stock soared Thursday on speculation that the struggling Reston, Va., thrift holding company could be on the block.

Bank Holdings Inc. of Reno said Thursday that it earned $579,000 in the fourth quarter, 74% more than a year earlier.

Wisconsin lawmakers are considering legislation that would stiffen penalties for crimes against financial institutions and their customers and broaden the definition of fraud so that more types of crimes could be prosecuted.

The bidding war is apparently over. UCBH Holdings Inc. in San Francisco announced late Tuesday that it had withdrawn its $97.4 million offer for Great Eastern Bank in New York, which has accepted a $101 million bid from Cathay General Bancorp.

After 15 months spent making major structural changes, First Financial Bancorp of Hamilton, Ohio, is ready to cash in.

THE WOODLANDS, Tex. - Bank information technology officers have a lot on their minds these days.

Boston's OneUnited Bank has launched a high-interest online savings account, making it the first African-American-owned banking company to compete in what has emerged as the fastest growing segment of the deposit business.

A community development bank in Washington that has run afoul of regulatory requirements has brought in an industry veteran and Washington mainstay to turn it around.

Community Bank Shares of Indiana Inc. announced a deal Thursday that would boost its deposits in three counties.

Placer Sierra Bancshares of Sacramento took a big step toward its goal of building a statewide operation, and expanding its Small Business Administration lending, by making a deal to buy Southwest Community Bancorp of Carlsbad, Calif.

A tiny provision in the Small Business Administration's fiscal-2007 budget proposal has lenders worried that they may eventually become the government agency's sole source of funding.