Community banking
Community banking
- Connecticut
Patriot National Bancorp in Stamford, Conn., is in the market for a new chief executive.
August 11 -
Small-business owners are struggling to understand the cost of loans sold by marketplace lenders. To remedy this, the industry must embrace a disclosure box that includes these five principles.
August 11 - Ohio
Lending margins are once again contracting thanks to a confluence of factors, and bankers are doing everything from shifting cash into higher-risk securities to reconfiguring branches to pad profits.
August 10 -
First Financial Northwest in Renton, Wash., said Wednesday that it has repurchased about 10% of its stock under a tender offer.
August 10 -
Enterprise Financial Services in Clayton, Mo., said Wednesday that it has promoted James Lally to president.
August 10 - Delaware
The Bancorp in Wilmington, Del., is being investigated by the Securities and Exchange Commission for restating more than three years of financial statements.
August 10 -
Synovus Financial in Columbus, Ga., has agreed to pay nearly $9 million to settle lawsuits that claim the company knew of illegal transactions by one of its clients.
August 10 -
Mercantile Bank and Dime Community recently outlined plans for their CEOs' retirements, while Cullen/Frost made the transition earlier this year. Each transition is anchored in a belief that success hinges on turning day-to-day operations over to a trusted lieutenant.
August 10 - Indiana
Old National Bancorp in Evansville, Ind., has agreed to buy its headquarters building and two other branches from a landlord.
August 10 -
The emergence of lenders that have no real connection to a geographic area prompts questions over how the Community Reinvestment Act's "good neighbor" policy can continue.
August 10 - New Jersey
Valley National Bancorp in Wayne, N.J., has taken several steps to help it navigate through a difficult interest rate environment.
August 10 -
Small-business owners heard "no" more often in July when seeking loans from big banks after six months of improving prospects.
August 9 -
New Jersey Community Bank in Freehold has exited a pair of regulatory orders. The $102 million-asset bank also said in a press release Tuesday that two siblings have resigned from its board.
August 9 -
PricewaterhouseCoopers LLP failed to spot for seven years a multibillion-dollar fraud that led to the demise of Taylor Bean & Whitaker Mortgage Corp., a lawyer for the lender's bankruptcy trustee told a Miami jury on Tuesday.
August 9 -
Several court decisions in Delaware could make it harder for shareholders to sue banks following a merger announcement.
August 9 -
The $4.3 billion-asset holding company said in a press release Monday that the fixed- to floating-rate subordinated notes are due in 2026.
August 8 - California
Pacific City Financial in Los Angeles has raised $15.3 million in a secondary stock offering.
August 8 -
Under pressure from regulators to beef up risk management in commercial real estate lending, banks are using new software tools to improve analysis.
August 8 - Louisiana
MidSouth Bancorp in Lafayette, La., has named Troy Cloutier, the son of Chief Executive Rusty Cloutier, to run its bank.
August 8 -
Community banks are often burdened with manual data entry for processing commercial loans. Union State Bank has turned to digitization software to make it easier. It may sound modest in the age of APIs, but it made a quantifiable difference.
August 8






