Community banking
Community banking
- Oklahoma
BOK Financial in Tulsa, Okla., reported higher second-quarter earnings as mortgage banking and loan growth offset an increase in expenses.
July 29 -
Commerce Bancshares Kansas City, Mo., has found its customers want to save the planet, but don't want to put in too much effort, so the issuer partnered with Sustain:Green for cards that offset carbon emissions.
July 29 -
EverBank Financial in Jacksonville, Fla., reported a 20% jump in second-quarter profit, driven by strong consumer and commercial loan volume.
July 29 - Missouri
UMB Financial in Kansas City, Mo., saw second-quarter profit decline as lower revenue from its Scout Investments subsidiary reduced fee income.
July 29 -
While rising rates may temporarily improve net interest margin and profits, they will not increase bank stock prices for at least three reasons.
July 29 -
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


