PBB Bancorp in Los Angeles has agreed to buy First Mountain Bank in Big Bear Lake, Calif., for about $13.4 million in cash and stock.

The Dodd-Frank Act called on regulators to develop ways to assess diversity practices in the financial sector, but the guidelines are getting panned by critics who say they do not go far enough.

Glacier Bancorp in Kalispell, Mont., has named a CIT Bank executive as the likely successor to Chief Executive Mick Blodnick.

Live Oak Bancshares in Wilmington, N.C., has filed registration documents for an initial public offering, with plans to raise up to $86.3 million.

ACNB in Gettysburg, Pa., has promoted James Helt to president of its bank unit.

Community banks get almost half of their service charges from overdraft fees. That could become problematic as regulators continue to look into the issue.

Dickinson Financial in Kansas City, Mo., has consolidated several of its banks charters to cut costs and improve marketing to military members.

CoBiz Financial in Denver plans to issue up subordinated debt to redeem its shares in the Small Business Lending Fund.

Royal Financial in Chicago has agreed to sell $29.1 million in distressed assets, a deal mandated by a bankruptcy judge as part of the company's acquisition of PNA Bank.

Atlantic Coast Financial in Jacksonville, Fla., is in talks to restructure its debt and has reversed the valuation allowance on a deferred tax asset.

Access National in Reston, Va., said Chairman James "Ted" Jadlos resigned to focus on a mortgage-related business.

John Poelker recently stepped down from CertusHoldings in Greenville, S.C., but in less than a year on the job he broke up a $1.7 billion-asset company that had lost roughly $170 million from 2012 to 2014 amid investor claims of mismanagement and excessive spending by his predecessors. Here's a look at how he did it.

Determining regulatory requirements based on banks’ activities rather than their size would liberate old-school institutions from unnecessary burdens without endangering the financial system.

Bear State Financial in Little Rock, Ark., has agreed to buy Metropolitan National Bank in Springfield, Mo.

Eagle Bancorp Montana in Helena has completed a $10 million private placement of subordinated bonds.

Two community banks that focus on underbanked and low-income populations, City First Bank of D.C. and Southern Bancorp in Arkadelphia, Ark., have joined an international group that promotes socially and environmentally responsible development.

A recap of the informed opinions (and the discussions they generated) on BankThink this week, including the need to hold bankers accountable for criminal deeds and whether the FDIC's proposed recordkeeping requirement is smart planning or pointless.

The NCUA is proposing changes that would allow credit unions to approve applications more expeditiously, eliminating an edge long held by banks. The agency is also ready to let members make more commercial development loans.

Austin Capital Bank, a $71.4 million-asset institution based in Texas, will originate loans for a new online consumer lending platform called Self Lender, the two companies announced.

Yadkin Financial in Raleigh, N.C., has agreed to sell two branches in North Carolina to Select Bancorp in Dunn, N.C.