Community banking
Community banking
-
- New York
Already struggling with credit-quality problems, Financial Institutions Inc. of Warsaw, N.Y., says it has uncovered weaknesses in its internal controls for financial reporting at two of its four bank units.
December 30 - Tennessee
Once determined to maintain its status as a multibank holding company with subsidiaries throughout Tennessee, Civitas Bankgroup Inc. in Franklin is changing course and selling its banks in smaller markets.
December 30 -
In his more than six years on the board of the Farm Credit System's regulator, including four as its chairman, Michael M. Reyna says he was too busy regulating to advocate for wholesale changes to the system.
December 29 -
Central Bancshares Inc. of Lexington, Ky., has agreed to buy First Bank Inc. of Louisville for $13.5 million.
December 29 -
"My wife has been in the hospital, and we have to postpone our trip to my son's wedding in San Francisco by one day. How much will it cost?"
December 29 -
Baltimore's reemergence as a desirable place to live has spawned a new line of business for the $489 million-asset K Bank of Owings Mills, Md.: purchase-and-rehabilitation lending for individual investors.
December 28 -
Allied Capital Corp. said Monday the U.S. Attorney for the District of Columbia has asked the Washington company for information on its activities and those of its Business Loan Express LLC "in connection with a criminal investigation."
December 28 -
Brooklyn Federal Bancorp Inc., a 118-year-old mutual thrift with two branches in Brooklyn, N.Y., and one on Long Island, plans to raise $25 million to $39 million by selling a 30% stake to investors.
December 28 -
Northwest Bancorp Inc. of Warren, Pa., announced Monday that it will fold its small Jamestown Savings Bank in upstate New York into its larger thrift, Northwest Savings Bank of Warren.
December 28 -
After seven years as a public company, KS Bancorp Inc. in Smithfield, N.C., is planning to deregister its stock and go private.
December 27 -
Rabobank International, thwar-ted in its attempt to buy one of the nation's largest Farm Credit System lenders, is taking another tack to raise its profile with farmers.
December 27 -
Score two for bankers and one for credit unions in the latest battles over fields of membership.
December 27 -
Like many community development banks, Native American Bank in Browning, Mont., relies heavily on deposits from corporations to support its mission - but rarely do they exceed the $100,000 covered by federal deposit insurance.
December 27 -
-
Sky Financial Group in Bowling Green, Ohio, is buying the $297 million-asset Belmont Bancorp of Bridgeport for $69.2 million.
December 23 - Washington
Sometimes two problems add up to one solution.
December 23 -
A private investor group that includes a former chief executive of Nara Bancorp in Los Angeles plans to buy the $100 million-asset Innovative Bancorp in Oakland.
December 23 -
BOK Financial Corp. in Tulsa said Tuesday that it is buying the $152 million-asset Valley Commerce Bancorp Ltd. of Phoenix for $32 million in cash.
December 22



