Community banking
Community banking
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Gold Banc Corp. in Leawood, Kan., will pay the Internal Revenue Service nearly $3.5 million of taxes on interest it received on multifamily revenue bonds purchased in 2001 and 2002.
October 19 -
CNB Financial Corp. of Clearfield, Pa., plans to expand into Erie next year by creating a separately branded unit of its $750 million-asset County National Bank.
October 19 -
National Penn Bancshares Inc. in Boyertown, Pa., announced that its third-quarter income rose 7.8% from the same quarter a year earlier, to a record $14.8 million.
October 19 -
LSB Bancshares Inc. in Lexington, N.C., reported Monday that its third-quarter earnings rose 40% from the same period last year, to $2.5 million.
October 18 -
F. Weller Meyer, America's Community Bankers' incoming chairman, is one of the most active members of the Washington trade group.
October 18 -
Two Rhode Island thrifts, Newport Federal Savings Bank and Westerly Savings Bank, said Monday that they have merged to form a thrift with five branches and $263 million of assets.
October 18 -
Corus Bankshares Inc. reported that its third-quarter earnings rose 41% from the same period last year, to $39.8 million, powered by soaring demand for its construction and development loans.
October 18 -
Texas Regional Bancshares Inc.'s chairman and chief executive said it is continuing to defer bonuses for senior executives; he does not expect to pay any this year and will not authorize any until nonperforming assets drop by about 50%.
October 18 - Louisiana
Until Hurricane Katrina flattened much of the Gulf Coast, the $5.4 billion-asset Hancock Holding Co. was on pace to report record third-quarter earnings.
October 17 - California
UCBH Holdings Inc. of San Francisco had been expanding in New York by opening a few branches at a time, but it abruptly changed course last week with a $103.6 million deal to buy Great Eastern Bank.
October 17 - Illinois
The $1.6 billion-asset ShoreBank in Chicago is widely considered a model community development financial institution, but its 11-year-old Cleveland unit never made the grade.
October 17 -
Two years after spinning off its Florida bank subsidiary, F.N.B. Corp. of Hermitage, Pa., says it is opening five loan production offices in the Sunshine State.
October 14 -
First M&F Corp. in Kosciusko, Miss., has struck two deals that would give the $1.2 billion-asset company its first branches in two neighboring states.
October 14 - California
Almost a year to the day after its bold attempt to acquire a Farm Credit System lender fell through, Rabobacnk Group resumed its U.S. expansion drive with a $371 million cash deal for Central Coast Bancorp in Salinas, Calif.
October 14 -
Commerce Bancshares Inc. in Kansas City reported a modest increase in third-quarter net income, which it credited largely to a 10% increase in fee income, to $86.9 million.
October 13 -
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Just months after opening for business, a small New Jersey bank has found itself in a legal tussle with the state’s largest over the right to operate in the wealthy New York suburb of Englewood Cliffs.
October 13 -
Compass Bancshares knew it had to dump its proprietary fund family if it wanted to make any impact as a wealth manager, and it, like many smaller banks, believes it has found an impact product in separately managed accounts.
October 12 -
NBC Capital Corp. of Starkville, Miss., has changed the name of its lead bank from National Bank of Commerce to Cadence Bank.
October 12



