Community banking
Community banking
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The Federal Deposit Insurance Corp. recently held meetings with state regulators in which agency officials emphasized that they are open to new applicants, responding to criticism that the standards for granting deposit insurance have been too high.
October 26 - Hawaii
Bank of Hawaii in Honolulu reported lower third-quarter earnings on a charge from the disposal of aircraft leases.
October 26 -
CIC Bancshares sale to Heartland Financial reflect a good cultural fit between the companies, but it also shows how the sellers management team struggled to find a suitable way to provide shareholders with liquidity.
October 26 -
HomeTrust Bancshares in Asheville, N.C., has agreed to pay an additional $484,000 to complete its July 2013 acquisition of BankGreenville Financial.
October 26 -
Recent industrys analysis of the credit market is too good to be believed or sustained, which should raise red flags for everyone.
October 26 -
SunTrust has removed a clause from its severance agreement that laid-off employees claimed would have put them on call for two years to answer questions without compensation. Loss of institutional knowledge may be the cost of offshoring.
October 23 -
First National Bancorp in Green Forest, Ark., has agreed to buy Twin Lakes Community Bank in Flippin, Ark.
October 23 -
State Bank Financial in Atlanta has acquired Patriot Capital, a provider of equipment financing to gas stations and commercial petroleum users.
October 23 - Texas
Prosperity has built itself into one of Texas' largest banks over the past decade and now it's beginning to reap the benefits that come with scale.
October 23 -
Astoria Financial, a New York City- area thrift under pressure from activist investor Basswood Capital Management to boost the share price, is exploring a sale, according to people familiar with the matter.
October 23 -
Old National is taking advantage of low interest rates by buying more than a dozen branches in solid real estate markets. An expected accounting rule change could encourage more banks to do the same.
October 23 -
The Bancorp in Wilmington, Del., has agreed to sell most of its health-savings account portfolio to HealthEquity in Draper, Utah.
October 23 -
Anchor Bancorp in Lacey, Wash., could eventually sell itself after reaching a truce with an activist investor.
October 23 -
Level One Bancorp in Farmington Hills, Mich., has agreed to buy Bank of Michigan in Farmington Hills. Level One said it will pay $17 a share in cash for the $110 million-asset Bank of Michigan. The deal is expected to close in the first quarter.
October 23 -
Heartland Financial USA is Dubuque, Iowa, has agreed to buy CIC Bancshares in Denver.
October 23 -
Hancock Holding in Gulfport, Miss., reported a lower third-quarter profit, citing a decline in net interest income and higher expenses.
October 23 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.
October 23 - California
City National in Los Angeles reported a 3% increase in third-quarter profit, driven by double-digit loan growth.
October 22 - Louisiana
Iberiabank in Lafayette, La., reported higher third-quarter earnings on loan growth and because of an acquisition.
October 22 -
An early start, group meetings, one-on-one meetings, lunch in front of a computer screen, a ribbon-cutting for a new branch, it's all in a day's work for LeeAnne Linderman, the executive vice president of retail banking for Zions Bancorp and one of our Women to Watch. But the indefatigable Linderman still makes time for the United Way, the American Heart Association and her husband. "A Day in the Life" was our theme for the Most Powerful Women in Banking program this year.
October 22





