Community banking
Community banking
- Illinois
Austin Bank of Chicago has come up with some novel answers to the touchy succession questions confronting many community banks.
July 25 - West Virginia
Though flush with capital after it survived a near-death experience three years ago, City Holding Co. has been in no rush to build assets.
July 22 -
Second-quarter results reported Thursday by TD Banknorth Inc. and Hudson United Bancorp may have buttressed the case for the merger deal they announced this month.
July 22 - Washington
Six weeks ago CityBank of Lynnwood, Wash., was telling investors it planned to build Diligenz Inc. into the nation's premier provider of Uniform Commercial Code-related services.
July 21 -
Like most community banks, Union National Community Bank in Mount Joy, Pa., is constantly on the lookout for low-cost funding.
July 21 -
WESTTemecula Valley Bancorp of Temecula, Calif., has hired Michael J. Curran as its chief risk officer and a senior vice president.
July 21 - Tennessee
To capitalize on consolidation, a longtime Tennessee banker has set up a fund to invest in start-up banks aiming to capture runoff from merging banks.
July 20 -
Small banks looking for more exposure among investors got a boost when Frank Russell Co. launched a new microcap index last month.
July 20 -
Harleysville National Corp. of Pennsylvania announced Monday that its second-quarter net income increased 3.3%, to $9.7 million.
July 19 -
Thomas A. Bracken, the president and chief executive of the $3.1 billion-asset Sun Bancorp Inc. in Vineland, N.J., was understandably elated when a May deposit promotion brought in $200 million, far more than expected.
July 19 -
Community Banks Inc. in Harrisburg, Pa., which reported a profit of $5.4 million in the second quarter of 2004, reported Monday that it lost $1.1 million in the period this year.
July 19 -
Texas Regional Bancshares Inc. of McAllen announced Monday that its second-quarter net income rose 16%, to $21.9 million.
July 19 -
Three $1 billion-plus bank deals in four weeks. Is the M&A machine back in gear?
July 18 -
Prosperity Bancorp of Houston said Friday that its second-quarter net income totaled $12.2 million, up 46% from a year earlier.
July 18 -
Community Credit Union in Plano, Tex., has filed a lawsuit challenging the National Credit Union Administration's decision this month to invalidate its conversion vote because of concerns about how a disclosure document was folded.
July 18 -
LSB Bancshares Inc. in Lexington, N.C., said Friday that second-quarter earnings had risen 8.7% from the same period last year, to $2.4 million.
July 18 -
The $3.5 billion-asset Glacier Bancorp Inc. in Kalispell, Mont., which bought two banks this year, has a deal for a third: Thompson Falls Holding Co. in Montana, for $21.8 million in cash and stock.
July 18 - Georgia
Georgia Bank Financial Corp. in Augusta has ambitions beyond its home state - and has taken new steps to realize them.
July 18 -
Republic Bancorp of Ann Arbor, Mich., said Thursday that its second-quarter earnings were a record $17.5 million, besting the year-earlier period's results by 7%.
July 15




