Weeks after saying it expected to report a first-quarter loss, Irwin Financial Corp. of Columbus, Ind., announced Friday that it turned a small profit.

By most measures, community banking companies had a good first quarter that included improved net interest margins and solid gains in loans and deposits.

Carver Bancorp Inc. reported lower net income for the three- and 12-month periods that ended March 31 but said the branches and automated teller machines it has added are beginning to pay off through deposit, loan, and fee income increases.

Epic Bancorp, a small San Rafael, Calif., company that caters to wealthy customers, has started an investment management arm that its chief executive officer plans to expand aggressively in the next few years.

First-quarter net income at Signature Bank surged 117%, to $5.7 million, the New York company said Thursday.

Cullen/Frost Bankers Inc. of San Antonio said Wednesday that its first-quarter earnings rose 13.6% from a year earlier, to $37.4 million.

SOUTHEAST

Rep. Nydia M. Velazquez, D-N.Y., has introduced a bill that would reverse the sweeping changes made to the Small Business Administration's 7(a) loan program last year.

As expected, Commercial Federal Corp. in Omaha reported a significant first-quarter loss as a result of its decisions to exit the mortgage servicing and wholesale mortgage origination businesses.

When starting up a bank or putting a branch in a new community, don't underestimate the benefits of luring popular employees from the established banks there.

For several years some California community banks have made themselves profit standouts by concentrating on the fast-growing Chinese-American and Korean-Americans communities, known for entrepreneurship and saving.

The $7.8 billion-asset Citizens Banking Corp. in Flint, Mich., said Monday that it had consolidated its two banking charters and renamed its Wisconsin subsidiary Citizens Bank.

Making good on its announcement of 10 days ago, Hudson United Bancorp of Mahwah, N.J., reported Monday that it earned $29.7 million, 66 cents a share, in the first quarter, 4% less than it did a year earlier.

Washington Trust Bancorp Inc. of Westerly, R.I., reported a 9% jump in first-quarter net income Monday, saying that revenue growth outpaced salary and benefit costs in the period.

F.N.B. Corp. of Hermitage, Pa., announced Monday that it would buy Erie County's second-oldest community bank, the $69 million-asset National Bank of North East.

Independent Bank Corp., of Ionia, Mich., announced first-quarter earnings Monday of $11.3 million, up 35% from the same quarter last year. Diluted earnings per share were of 53 cents were up 24% but missed the average of analysts' expectations by a penny.

When Houston's Anadarko Petroleum Corp. decided late last year to automate its process for verifying leases and paying property owners, it asked Southwest Bancorp. of Texas Inc., not a software company, to do the job.

The Federal Reserve Board said Civitas BankGroup Inc. of Franklin, Tenn., has signed an enforcement order in which it agreed to strengthen internal audit functions and hire a consultant to review its management and board.

Columbia Bancorp in Columbia, Md., announced Monday first-quarter earnings of $3.8 million, up 28.4% from a year earlier.