Community banking
Community banking
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Umpqua Holdings in Portland, Ore., posted lower profit from a quarter earlier, largely reflecting a decline in net interest income.
April 15 -
Security California Bancorp in Riverside, Calif., has agreed to buy a branch from Rabobank.
April 15 - Illinois
IF Bancorp in Watseka, Ill., has selected the successor for its retiring president and chief executive.
April 15 - California
Westamerica Bancorp. is delaying its plan to shutter a small branch in Upper Lake, Calif., to give community leaders more time to convince another bank or credit union to set up shop there.
April 15 -
Bank of the Ozarks could raise more capital, especially if a rising number of unfunded loans convert to funded credits. Management is also keeping an eye on credit quality, raising certain standards and selling some syndicated loans.
April 15 - California
Westamerica Bancorp.'s profits fell again in the first quarter as a result of management's decision to shrink its loan portfolio and load up on lower-yielding investment securities
April 15 -
Boston Private Financial Holdings and its bank have shuffled some key executive posts.
April 15 -
FDIC Vice Chairman Tom Hoenig outlined a new measure to grant reg relief, one based on activity rather than size. While his vision would grant 94% of banks substantial relief, he objected, however, to exempting institutions from the Volcker Rule.
April 15 -
MasterCard Inc. and Target Corp. are in talks about a settlement in which the retailer would pay banks about $20 million for costs they incurred in its 2013 data breach, a person familiar with the matter said.
April 15 -
More than 70 banks are set to hit their seventh anniversary this year, crossing a threshold where they will have reduced regulatory scrutiny and relaxed capital ratios. While many are excited about the potential to growth, they are aiming to do so carefully.
April 14 - Oregon
PacWest Bancorp in Los Angeles announced Tuesday that Chief Financial Officer Victor Santoro plans to retire from the post this summer and West Coast banking veteran Patrick Rusnak will succeed him in that role.
April 14 -
Sound Financial Bancorp in Seattle has selected a former Fannie Mae executive to join its board.
April 14 -
Even small U.S. banks can end up doing business with institutions all across the world, but here are some jurisdictions were doing so is either outright forbidden or requires additional scrutiny.
April 13 -
MBank in Gresham, Ore., has decided to cease providing banking services to the marijuana industry, just one year after it began serving such clients.
April 13 -
When Apple releases its smartwatch next week, there will be apps available from at least five banks and four of them are community banks. Bankers see the apps as a way to get in early on a new platform, make banking more convenient and drive digital engagement.
April 13 - Missouri
Commerce Bancshares in Kansas City, Mo., said Monday that first-quarter profits fell 5% from a year earlier, to $61.1 million, as net interest income fell and expenses rose.
April 13 -
Local governments have historically relied on selling bonds to finance operations. But low interest rates and the rising costs of taking bond issues public are making traditional loans a more tempting option.
April 13 -
BancorpSouth in Tupelo, Miss., has been freed from a consent order tied to Bank Secrecy Act and anti-money-laundering compliance.
April 13 -
Cryptocurrency companies and legal marijuana businesses now routinely pay thousands a month for access to basic banking services, which some think reflects their lack of other options more than their real risks.
April 10 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week, including thoughts on regulatory complexity, Jamie Dimon's defense of the megabank model, and how vulnerable banks really are to tech startups.
April 10




