Community banking
Community banking
- West Virginia
United Bankshares' (UBSI) earnings increased during the first quarter, with support from the completion of its Virginia Commerce Bancorp acquisition and sale of one of its own branches.
April 30 - Florida
EverBank Financial (EVER) in Jacksonville, Fla., said that first-quarter earnings fell 18% from a year earlier, to $32 million. Earnings per share of 23 cents beat the average estimate of analysts polled by Bloomberg by 2 cents.
April 30 -
A bipartisan coalition of lawmakers is pushing the Obama administration to nominate someone with community banking experience to the Federal Reserve Board.
April 30 -
In a highly unusual initiative, small community bank Independence Bancshares has been building a real-time transactions processing system. CEO Gordon Baird hopes to attract others to use it, too.
April 30 -
State Bank Financial (STBZ) in Atlanta swung to a profit in the first quarter, as it benefited from improved figures on its covered-loan portfolio.
April 30 -
The Federal Deposit Insurance Corp. claims that reports of the impending death of community banks are greatly exaggerated. Historical data tells a different story.
April 30 - New York
New York Community Bancorp (NYCB) in Westbury reported lower quarterly earnings as mortgage-related income plummeted.
April 30 -
Banks looking to build productive, lean-staffed branches should ensure that their work culture rewards positive employee attitudes.
April 30 -
First Financial Bancorp (FFBC) in Cincinnati has agreed to buy Guernsey Bancorp in Worthington, Ohio.
April 29 -
The company had been looking for a deal for a few years and finally found one in OmniAmerican, a former credit union that converted to a stock-owned company in 2010.
April 29 - South Carolina
John Poelker, who recently met with key investors, is using YouTube to appeal to clients who might have been spooked by executive ousters and reports of widespread financial excess at the Greenville, S.C., company.
April 29 -
BBVA Compass has leased space in the Charlotte Chamber of Commerce building for a loan production office.
April 29 - West Virginia
City Holding (CHCO) in Charleston, W.Va., said Tuesday that it its first-quarter earnings rose 73% from the same period last year, to $13.8 million, as the company accelerated workouts of problem loans it inherited in two acquisitions.
April 29 -
Noninterest income seemed to stabilize some during the first quarter, though smaller banks are still struggling to see meaningful increases in fees.
April 29 -
Operation Choke Point, changing marijuana laws and increased anti-money laundering scrutiny are just a few of the governmental and regulatory factors affecting banks' relationships with certain customers these days. Now financial companies are under intense scrutiny over the payday lenders, check cashers, marijuana businesses and even individual customers that they do business with. American Banker editors discuss.
April 29 - New Jersey
Hudson City Bancorp (HCBK) in Paramus, N.J., reported lower quarterly earnings as its planned sale to M&T Bank (MTB) still awaits regulatory approval.
April 29 - New Jersey
Joseph Stilwell has found yet another bank to pressure.
April 29 - Colorado
Solera National Bancorp (SLRK) in Lakewood, Colo., reported a quarterly loss less than a month before it will face a pair of shareholder challenges at its annual meeting.
April 29 - Washington
HomeStreet (HMST) in Seattle has filed to sell up to $125 million in securities.
April 29 -
Southside Bancshares (SBSI) in Tyler, Texas, has agreed to buy OmniAmerican Bancorp (OABC) in Fort Worth, Texas.
April 29





