Community banking
Community banking
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BancFirst Corp. in Oklahoma City said it had uncovered a $3.25 million shortfall at one of its branches.
June 16 -
Having been a defendant in four lawsuits in connection with loans guaranteed by the Farm Service Agency, Gold Banc Corp. Inc. of Leawood, Kan., has filed a suit of its own — against the agency.
June 16 - New York
After sitting on the sidelines for nearly four years, NBT Bancorp Inc. of Norwich, N.Y., has found a deal that it hopes is a perfect fit.
June 15 -
Two professional investors who have amassed large stakes of Century Bancorp Inc. in the past six months are pressuring the Medford, Mass., company to sell.
June 15 -
People's Bank of Bridgeport, Conn., is selling three branches to the much smaller Putnam Savings Bank in Putnam, Conn.
June 15 -
When Congress last year was debating a regulatory-relief bill for financial services firms, many community bankers felt there was not much in it for them.
June 14 -
Credit union advocates said Monday that 46 House members have agreed to co-sponsor the Credit Union Regulatory Improvements Act of 2005, which Reps. Edward R. Royce, R-Calif., and Paul E. Kanjorski, D-Pa., introduced last month.
June 14 -
Ronald Grzywinski, the chairman and chief executive of ShoreBank Corp. of Chicago, is the 2005 winner of the John W. Gardner Leadership Award.
June 14 -
Citizens Bancshares Corp. of Atlanta announced Monday that Willard "Chuck" Lewis, its chief operating officer, had resigned to become the chief executive officer at a new Atlanta bank.
June 14 - Virginia
Cardinal Financial Corp. of Tysons Corner, Va., has completed its purchase of Wilson/Bennett Capital Management Inc. in Alexandria.
June 13 -
WASHINGTON - Rep. Nydia M. Velazquez says she has corralled nearly all the Republican votes she needs to restore a congressionally appropriated subsidy that had been eliminated last year from the Small Business Administration's budget.
June 13 -
Millennium Bankshares Corp. in Reston, Va., is buying the $125 million-asset Albemarle First Bank of Charlottesville for $29 million.
June 13 - California
First Community Bancorp of Rancho Santa Fe, Calif., is buying the $146 million-asset Pacific Liberty Bank in Huntington Beach, Calif., for $41.8 million.
June 13 - Colorado
BankWest in Castle Rock, Colo., did not grow much in its first five years, and investors were getting restless.
June 10 - Utah
A small Utah bank is in the process of becoming the first established bank to convert to a limited liability company, but whether it will get the tax benefits that accompany that status remains to be seen.
June 10 -
Financial Institutions Inc. of Warsaw, N.Y., said it would halve its second-quarter dividend, to 8 cents a share.
June 10 - Texas
MetroCorp Bancshares Inc. of Houston said Wednesday that it is buying a two-branch Asian-American bank in San Diego for $37.4 million in cash.
June 9 -
Main Street Banks Inc. said Wednesday that it would charge off $2.6 million of problem loans this quarter, resulting in a 30% to 36% drop in its projected second-quarter earnings per share.
June 9




