First Financial Bancorp in Cincinnati has agreed to buy Oak Street Holdings, a provider of commercial financing to the insurance industry.

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.

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.

South State in Columbia, S.C., reported higher second-quarter profit on improved levels of efficiency and a decline in merger-related expenses.

Sen. Susan Collins successfully added a measure to an appropriations bill that would allow the FDIC, OCC and Fed to exempt banks with less than $10 billion of assets from regulations that they deem unnecessary or burdensome, which some observers said could have a big impact.

A Senate bill passed late Thursday provides additional funding but it also requires enhanced reporting on lending and credit quality from SBA. The measure is headed to the House.

"Stay tuned" for the Houston bank's first deal since April 2014, CEO David Zalman tells investors.

Glacier Bancorp in Kalispell, Mont., reported higher second-quarter profit from growth in both lending and fee-based services.

Cornerstone Bank in York, Neb., has agreed to acquire Guide Rock State Bank in Nebraska.

BankUnited in Miami Lakes, Fla., reported a decline in second-quarter profit as increased costs from its Federal Deposit Insurance Corp. indemnification asset offset a sharp uptick in new lending.

Hancock Holding in Gulfport, Miss., reported lower second-quarter profit, citing higher incentive pay for employees and lower yields on both loans and securities.

National Penn Bancshares in Allentown, Pa., said its second-quarter profit improved as increased real estate lending offset higher expenses.

F.N.B. in Pittsburgh reported higher second-quarter profit as it booked more commercial real estate and business loans.

First Interstate BancSystem in Billings, Mont., will soon have a new chief executive.

Ruth Porat wows investors in her first earnings call as Google's CFO while Marianne Lake moves a step closer to running JPMorgan's future calls. Elsewhere, Lynn Tilton bids to move her fraud trial to federal court, Janet Yellen hints at support for raising the SIFI bar and Obama gets ready to nominate another woman for Fed governor.

The SBA's popular 7(a) program has reached its maximum funding authority. Banks may have to decide on providing short-term aid to small businesses that face delays getting loans.

The $1.7 billion-asset First State expects its deal for $264 million-asset Central to close before the end of the year.

Renee Nash was named to the $155 million-asset bank's board Monday. Folsom Lake's board has varied in number over the years, between nine and 12 members. The bank currently has 10 directors.

Eagle Bancorp in Bethesda, Md., exceeded analysts' expectations for the second quarter.

Texas Capital Bancshares in Dallas reported a higher second-quarter profit, citing increased lending and a boost in the number of loans held for investment.