Community banking
Community banking
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BancorpSouth Inc. of Tupelo, Miss., is acquiring the $347 million-asset American State Bank Corp. of Jonesboro, Ark.
August 11 -
Determining which bank will be the next to sell is a favorite guessing game among investors and analysts. A sudden stock price spike, an alarming drop in deposit share, or a crippling enforcement order could all be signs of an imminent takeover.
August 11 -
First BancTrust Corp., of Paris, Ill., said Tuesday that its second-quarter net income rose 23%, to $400,000. Diluted earnings per share rose 31%, to 17 cents.
August 10 -
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Pacific Capital Bancorp executives may have thought they had good explanations for why the company reported a 12% drop in its second-quarter earnings and lowered its full-year earnings estimates, but investors were not moved.
August 10 -
Heritage Commerce Corp. in San Jose, Calif., said its second-quarter profits more than quadrupled from the year-earlier period, a gain it attributed to its lower overhead.
August 10 -
Pacific Premier Bancorp of Costa Mesa, Calif., plans to open a branch in Cypress as part of a plan to expand in Orange County.
August 9 -
Citizens Bancshares Corp. in Atlanta has appointed Cynthia Day as a senior vice president and the chief operating officer.
August 9 -
When executives at Commercial Capital Bancorp Inc. in Irvine, Calif., learned that a top deposit generator at Comerica Inc. was looking for a new home, they jumped at an opportunity to bring in a rainmaker - and his team - who would help the fast-growing company lower its funding costs.
August 9 -
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The Internet-only American Bank Inc. of Allentown, Pa., is thinking about buying PSB Bancorp Inc. of Philadelphia, which put itself on the block this year.
August 8 -
Online account access may seem a standard feature of 21st century banking, but many small banks still see no need to offer it.
August 8 -
Nara Bancorp Inc.'s stock fell nearly 9% Friday, a day after the Los Angeles company disclosed that it would be forbidden from paying dividends without approval from regulators.
August 8 -
Two weeks after nearly two-dozen Comerica Inc. employees in California defected to it, Commercial Capital Bancorp Inc. of Irvine, Calif., has been barred from soliciting Comerica's customers or hiring more of its employees.
August 8 - California
Competition is fierce among Asian-American banking companies in California, so a number of them are stepping up expansion efforts in other markets with sizable Asian-American communities.
August 5 -
Capitol Federal Financial of Topeka, Kan., announced Thursday that it had earned $16.2 million in the quarter that ended June 30, 70% more than a year earlier.
August 5 - New York
Provident Bank in Montebello, N.Y., is committing $26 million to reviving three decaying industrial cities in what is otherwise New York’s fastest-growing county.
August 5 -
Center Financial Corp. in Los Angeles said Thursday that it would restate prior years' earnings because of accounting errors.
August 5 -
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First Federal Bankshares Inc. of Sioux City, Iowa, said its plunged 85% from the year earlier in the June quarter, to $172,000.
August 4





