Community banking
Community banking
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Trustmark in Jackson, Miss., reported a dip in second-quarter earnings on shrinking profit margins and declining yields on earning assets.
July 29 -
The House Financial Services Committee tackled several key bills including ones targeting Operation Choke Point, executive compensation at Fannie Mae and Freddie Mac, small banks' exam cycle, and changes or delays to several actions by the Consumer Financial Protection Bureau.
July 28 - North Carolina
ASB Bancorp in Asheville, N.C., is facing a potential proxy fight from New Jersey activist investor Lawrence Seidman.
July 28 -
Equity Bancshares in Wichita, Kan., has agreed to buy First Independence in Independence, Kan. The companies expect the deal to close in the fourth quarter, after approval from regulators and from First Independence's shareholders.
July 28 -
Southern States Bancshares in Anniston, Ala., has agreed to buy Columbus Community Bank in Georgia for $21.4 million.
July 28 -
The Conference of State Bank Supervisors recently challenged college students to examine how community banks survived the financial crisis, and the contest highlighted innovative strategies used by Main Street banks such as Bank of American Fork in Utah.
July 28 -
Fair-value accounting and merger costs took big bites out of Western Alliance Bancorp. in Phoenix last quarter.
July 27 -
Bank of Hawaii in Honolulu reported slightly lower second-quarter profits as expanded lending and mortgage banking was offset by higher payroll costs and other expenses.
July 27 -
Independent Bank Group in McKinney, Texas, has agreed to buy Grand Bank in Dallas for $80.1 million.
July 27 - California
Suncrest Bank in Visalia, Calif., has agreed to buy Sutter Community Bank in Yuba City, Calif., for $9.4 million in stock.
July 27 - Virginia
Eagle Bancorp in Bethesda, Md., has sold its indirect auto loan portfolio to MainStreet Bank in Fairfax, Va.
July 27 - Indiana
Old National Bancorp in Evansville, Ind., reported higher second-quarter profit as a result of recent acquisitions and on better fee income.
July 27 - Tennessee
Pinnacle Financial Partners in Nashville, Tenn., plans to raise $60 million in subordinated debt in a private placement.
July 27 -
Signs of optimism are growing for acquisition, development and construction loans as banks hone strategies in a market transformed by the crisis.
July 27 -
First Financial Bancorp in Cincinnati has agreed to buy Oak Street Holdings, a provider of commercial financing to the insurance industry.
July 24 -
MainSource Financial Group in Greensburg, Ind., has named Erin Hoeflinger, president of Anthem Blue Cross Blue Shield in Ohio, to its board and to that of its MainSource Bank.
July 24 -
Sun Bancorp in Mount Laurel, N.J., has appointed wealth-management executive Grace Torres to its board and to the board of Sun National Bank. Torres will join the board's audit and risk committees.
July 24 -
South State in Columbia, S.C., reported higher second-quarter profit on improved levels of efficiency and a decline in merger-related expenses.
July 24



