Community banking
Community banking
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Old National Bancorp in Evansville, Ind., missed first-quarter expectations as merger-related and streamlining expenses negated many of the benefits from recently completed acquisitions.
April 27 -
Banks can ditch their reputations as fuddy-duddy workplaces by helping millennial employees connect with the social mission driving the company and giving them plenty of opportunities to advance their careers.
April 27 -
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The sharp decline in oil prices has tempered John Allison's enthusiasm for buying banks in the Lone Star State or even making loans there.
April 24 -
The Pennsylvania company is keen on buying a bank with $1 billion or more in assets to soundly cross a threshold that would bring with it more regulatory scrutiny.
April 24 - New Jersey
Provident Financial Services in Iselin, N.J., defended narrowly missing earnings expectations by calling its credit and pricing approaches "prudent" and disciplined.
April 24 - Montana
A Montana district court issued an order to uphold a verdict that First Interstate BancSystem in Billings, Mont., must pay $17 million in damages in a dispute with former customer.
April 24 -
As horrifying cyberattack scenarios grow more plausible, an American Bankers Association simulation of a hypothetical breach at a $10 billion-asset bank is designed to guide institutions through a set of crisis response steps.
April 24 - Florida
BankUnited in Miami Lakes, Fla., reported lower quarterly profit as its noninterest expenses rose.
April 24 -
Low interest rates may be pressuring margins, but they provided a lift to community banks that sell mortgage originations. Bankers are now debating how long the current refi boom will last.
April 24 - Texas
Prosperity Bancshares in Houston hit analysts' earnings forecasts despite a linked-quarter decline in loans and profit.
April 24 - Mississippi
Hancock Holding in Gulfport, Miss., reported lower profit as low oil prices stymied loan growth in the energy sector.
April 23 -
City National Bank in Los Angeles said Thursday that its first-quarter profit climbed 14% from the same period last year, fueled by a surge in real estate construction and commercial lending.
April 23 - Washington
Columbia Banking System in Tacoma, Wash., tapped organic growth and its purchase of Intermountain Community Bancorp to post higher quarterly profit.
April 23 -
Heritage Commerce in San Jose, Calif., has agreed to buy Focus Business Bank. The $1.7 billion-asset Heritage Commerce will pay about $55 million for the $391 million-asset Focus, which is also based in San Jose.
April 23 - New York
Astoria Financial in Lake Success, N.Y., topped Wall Street expectations despite a drop in revenue. The $15.5 billion-asset company reported a 39% decrease in net income from a year earlier, to $19.3 million.
April 23 - Missouri
The company will consider annual elections for all directors after investors passed a non-binding resolution urging for a change.
April 23 -
Banking regulators will never conclude that regulation is actually hurting community banks until they study the issue and come to that conclusion on their own.
April 23 - Virginia
At first glance Cardinal Financial in McLean, Va., blew away earnings expectations, rising 220% in the first quarter from the same time last year.
April 23 -
Texas Capital Bancshares in Dallas reported a higher first-quarter profit on an increase in total loans and heightened demand for refinancing home loans.
April 22



