Salvatore Marranca and Garrett Richter have a lot in common: both found success in the banking world after army service in Vietnam. It was that wartime experience, though, that set them apart from most of their peers.

Stonebridge Financial in West Chester, Pa., plans to sell its bank through bankruptcy proceedings.

Mid Penn Bancorp in Millersburg, Pa., plans to exit the Small Business Lending Fund program and redeem a separate pool of preferred stock through an upcoming debt sale.

Central Bank of Kansas City in Missouri has agreed to issue prepaid cards for Cachet Financial Solutions in Minneapolis.

For years, UMB Financial rode fee-income gains from the expansion of its asset management unit to some strong quarters. But the unit's production has waned lately forcing the company to rethink its expense base and management structure.

RBB Bancorp in Los Angeles has agreed to buy TFC Holding, the parent of TomatoBank in Los Angeles.

Banc of California in Irvine has named executives to the newly created positions of chief strategy officer and chief investment officer.

An interbank loan market for community and regional banks, and backed by the Chicago Board Options Exchange, plans to open for business next month.

Given that Bank of the Ozarks has agreed to pay handsomely for C1 Financial in Florida, the relatively scarce number of large institutions in the state could command higher prices from acquirers.

First Farmers Financial in Converse, Ind., has agreed to buy Citizens Exchange Bank in Fairmount, Ind.

Monetary incentive plans are vital for keeping your best employees, but sometimes other gestures that cost basically nothing make a bigger impact.

The $12.6 billion-asset United said in a press release Monday that it will pay $269 million, or $37 a share, in stock for the $1.2 billion-asset Bank of Georgetown.

The $9.3 billion-asset Bank of the Ozarks said in a press release Monday that it will pay $402.5 million, or $25 a share, in stock for the $1.7 billion-asset C1 Financial.

National Bank Holdings in Greenwood Village, Colo., has negotiated an early termination of the loss-share agreements that backed up its acquisitions of two failed banks.

Forget "bigger is better." Several private-equity-backed lenders are making loans to small landlords, who represent the biggest chunk of the home-rental market and get less help from Fannie Mae and Freddie Mac than they once did.

Boston Private Financial Holdings' president, Mark Thompson, has announced plans to retire at the end of the year.

Parke Bancorp in New Jersey decided to sell its SBA lending business when it realized the group had national aspirations. Berkshire Hills Bancorp, a larger bank in Massachusetts, was pleased to buy the unit.

Banc of California in Irvine has named James McKinney its new chief financial officer. McKinney joined the $6.4 billion-asset bank in September as chief accounting officer.

Grayson Bankshares in Independence, Va., and Cardinal Bankshares in Floyd, Va., have agreed to merge to form a new holding company.

The Financial Accounting Standards Board's proposal to start loss reserves when a loan is originated is antithetical to banks making localized financial decisions.