Customers Bancorp in Wyomissing, Pa., plans to raise $24 million in an offering of its preferred stock on the New York Stock Exchange.

ServisFirst Bancshares in Birmingham, Ala., has entered the Florida’s Tampa Bay area after hiring the former chief executive of Bay Cities Bank.

Too many institutions focus on time-wasting tasks that divert their attention from how to stay relevant in a rapidly changing banking environment.

CVB Financial in Ontario, Calif., has agreed to sell a branch Sierra Bancorp in Porterville, Calif.

Chemical Financial in Midland, Mich., has agreed to buy Talmer Bancorp in Troy, Mich.

The $13.8 billion-asset company said Monday after the market closed that it earned $21.2 million, down roughly 26% from a year earlier.

Enterprise Financial Services in Clayton, Mo., has acquired a $21 million loan portfolio as part of its formation of an aircraft financing unit.

Sun Bancorp in Mount Laurel, N.J., has agreed to pay $25,000 to resolve issues connected to the company’s former Sun Home Loans division.

Cape Cod Five Cents Savings Bank in Orleans, Mass., has agreed to buy a branch in Falmouth, Mass., from Mutual Bank.

Bank of Hawaii in Honolulu said Monday that its fourth-quarter profit rose 3.98% to $42.8 million from a year earlier as loan growth offset lower fee income.

Ag lenders enjoyed solid credit metrics and an increase in farms loans in 2015. Those results could come under pressure this year, requiring bankers to become more vigilant in talking to their agricultural clients.

The $465 million-asset bank in Athens, Ga., has named Rhodes McLanahan CEO and president.

United Community Financial in Youngstown, Ohio, has agreed to buy James & Sons Insurance.

Opus Bank in Irvine, Calif., has agreed to buy Pensco Trust Co. in San Francisco from Pensco Services.

Farmers Capital Bank in Frankfort, Ky., plans to extinguish $15 million of subordinated debt. The $1.8 billion-asset company expects to record a $4.1 million pretax gain during the first quarter from the transaction.

Bryn Mawr Bank in Pennsylvania reported a quarterly loss after terminating its pension plan.

Randy Peterson, the chief executive of Bank of Eufaula in Oklahoma, was shot and killed on Thursday by a robber. He was 64.

The ouster of Cardinal Bankshares' chief executive helped set into motion events that led to the Floyd, Va., company’s merger with another banking company.

The American Bankers Association has gone public with its issues with a plan to require banks to record loan-loss provisions when they originate a loan. Bankers are worried that the rule will eventually force smaller institutions to use costly modeling programs to comply.

Independent Bank Group in McKinney, Texas, has exited the Small Business Lending Fund program.