Community banking
Community banking
-
PacWest Bancorp, the parent of Pacific Western Bank in Los Angeles, reported earnings of $85.1 million in the second quarter, up 16% from the prior quarter.
July 15 -
Peoples Bancorp in Ohio wants to encourage cross-selling but limits the use of employee incentive payments to make it happen. Instead, Peoples is trying to build a corporate culture in which employees understand all of its products and want to help their colleagues sell them.
July 15 -
BancFirst in Oklahoma City has agreed to buy CSB Bancshares in Yukon, Okla.
July 15 -
BCB Bancorp has sold $2.4 million of preferred stock in a private placement.
July 14 -
WASHINGTON The House passed a bill Tuesday that could ease the regulatory burden on community and regional banks with mortgage servicing businesses.
July 14 -
Meta Financial Group in Sioux Falls, S.D., agreed to sell $3.1 million of common stock to a group of existing investors and reached a separate agreement to issue prepaid cards for a business partner.
July 14 -
Pave, a marketplace lender, has partnered with Cross River Bank of Teaneck, N.J., to help it expand its online, short-term loan product nationwide.
July 14 - Missouri
Commerce Bancshares in Kansas City, Mo., reported higher second-quarter profit, citing the appreciation of inflation-protected securities and higher loan interest.
July 14 -
Signature Bank in New York has partnered with Financial Software Solutions to expand the products and services that it offers bankruptcy trustees.
July 14 - Illinois
Prairie Community Bank in Marengo, Ill., has raised $2.48 million in a private placement of its preferred stock.
July 13 - Illinois
Clients of many community banks in Illinois can apply for short-term loans as lawmakers grapple over issuing paychecks while the state has no budget.
July 13 -
Sunshine Financial in Tallahassee, Fla., has asked for permission to switch to a state bank charter from a federal thrift charter.
July 13 -
Piper Jaffray has agreed to buy River Branch Holdings, a Chicago investment bank that focuses on financial institutions.
July 13 -
Colorado state regulators on Friday closed the $31.7 million-asset Premier Bank in Denver.
July 10 -
Bank of Stockton in California has agreed to acquire three California branches of from First Banks in Clayton, Mo, according to The Record in Stockton.
July 10 -
BB&T's top executives are set to get up to $2.6 million in bonuses if the Susquehanna deal goes well. While viewed as a good way to make sure the deal works out well, some analysts note that M&A already contributes to executive compensation when it boosts earnings per share and return metrics.
July 10 -
Commercial real estate lending and mortgages are banks' main source of hope to beat lukewarm expectations for the earnings season that begins Tuesday.
July 10 - Oregon
Pacific Continental in Eugene, Ore., has hired the former chief financial of Tower Financial in Indiana as its new CFO.
July 10 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week, including ideas about how to improve disclosure requirements and ways to encourage banks and young tech firms to join forces.
July 10 -
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 from our social media platforms.
July 10




