Community banking
Community banking
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Alabama National Bancorp, which has been expanding fast in Florida, announced another deal there Thursday - to buy the $325 million-asset Florida Choice Bank in Mount Dora for $110 million in cash and stock.
October 28 -
MainSource Financial Group Inc. of Greensburg, Ind., has agreed to buy HFS Bank of Hobart for about $36 million.
October 28 -
MIDWESTDelaware Place Bank of Chicago has hired Dean D. Lawrence as its senior vice president of commercial real estate lending.
October 27 -
The Small Business Administration's flagship 7(a) lending program enjoyed a record fiscal year, in which it guaranteed more loans for more money than ever before.
October 27 - Pennsylvania
Facing mounting pressure from an activist shareholder, Sovereign Bancorp Inc. spent the weekend in late-stage talks that culminated Monday with a deal to sell a significant equity stake to Banco Santander Central Hispano SA.
October 25 - New York
The battle to buy Great Eastern Bank in New York intensified Monday as one of its two California suitors increased its offer.
October 25 - Washington
After selling a profitable technology subsidiary for a tidy sum, City Bank in Lynnwood, Wash., had so much cash to spare that it passed on $30 million to shareholders.
October 25 -
Commercial Capital Bancorp Inc. in Irvine, Calif., is expanding in northern California by buying Calnet Business Bank for about $40 million in stock.
October 24 -
Unizan Financial Corp. of Canton, Ohio, said Friday that it earned $5.7 million in the third quarter, up 14% from the second quarter and 98% from a year earlier.
October 24 -
Republic Bancorp Inc. of Louisville announced Friday that its third-quarter earnings rose 18%, to $8.1 million.
October 24 - North Carolina
First Charter Corp. in Charlotte has always had ties to churches, providing them with building loans and other types of financing.
October 24 -
Fidelity Southern Corp. in Atlanta said in a regulatory filing Wednesday that it would consider a merger or acquisition in the near future.
October 21 -
Iberiabank Corp. in Lafayette, La., reported a third-quarter loss of $1.3 million after it substantially boosted its loan-loss provision to cover expected defaults from customers affected by Hurricanes Katrina and Rita.
October 21 -
Chittenden Corp. of Burlington, Vt., reported a 10% increase in third-quarter net income, to $21.7 million, as well as an increased net interest margin, continued low chargeoffs, and its lowest efficiency ratio in five years.
October 21 - California
For years after its founding in 1977, County Bank of Merced, Calif., hummed along as a tiny community bank, serving farmers and mom-and-pop businesses in and around the small San Joaquin Valley town.
October 21 -
Provident Bankshares Corp. in Baltimore announced Thursday third-quarter earnings rose 11% from a year earlier, to a record $20 million.
October 21 -
Five weeks after opening its first branch in Lynchburg, Va., American National Bankshares Inc. has agreed to buy a community bank that is headquartered there.
October 20 -
Amalgamated Bank in New York appointed its outside counsel, Derrick Cephas, to be its president and chief executive Wednesday, succeeding the retiring Gabriel Caprio.
October 20 - Alabama
Under normal circumstances, Gulf Coast Bank and Trust Co. in New Orleans would not temporarily finance a small company's payroll or allow a business customer to defer loan payments for several months.
October 20




