Community banking
Community banking
- Virginia
TowneBank (TOWN) in Suffolk, Va., said that improved credit quality helped boost its first-quarter earnings 6.3% from a year earlier, to $11.1 million.
April 25 -
Idaho Banking is the latest bank set to change hands through the bankruptcy process.
April 25 -
Howard Bancorp in Ellicott City, Md., has agreed to buy a branch from Rising Sun Bancorp in Rising Sun, Md.
April 25 - Pennsylvania
Bryn Mawr Bank (BMTC) in Pennsylvania will have a new chief executive at the end of this year.
April 25 -
Midland, Texas, is the latest in a growing number of cities proposing an ordinance that affects payday lenders, or credit access businesses.
April 25 -
Seacoast Banking Corp. of Florida (SBCF) in Stuart has agreed to buy The Bankshares in Winter Park, Fla.
April 24 - South Carolina
Three of Certus' ousted executives depict a behind-the-scenes struggle at the Greenville, S.C., bank as management, directors and investors were often working at cross purposes. The lawsuit also discusses a possible merger with an unnamed bank that never took place.
April 24 - California
Improved credit quality and income from venture capital and private equity investments helped SVB Financial (SIVB) in Santa Clara, Calif., more than double its first-quarter profits.
April 24 - Ohio
TFS Financial (TFSL) in Cleveland boosted first-quarter profits by 28% as improved credit quality allowed it to chop its loan-loss provision in half.
April 24 -
Aided by strong growth in loans and income from trust services, City National (CYN) in Los Angeles reported net income $54.5 million the first quarter, up 6% from the same period last year.
April 24 -
The issue of serving so-called "underbanked" borrowers has taken on a new urgency since regulators began cracking down on payday and certain other low-dollar, high-interest loans, prompting fears of a credit crunch for low-income consumers. The FDIC is looking at banking by mobile phone and other possible solutions as a way of bridging the gap.
April 24 -
First Merchants Corp.(FRME) in Muncie, Ind., is benefiting from loan growth after a recent acquisition.
April 24 -
The National Credit Union Administration approved a final rule on capital planning and stress testing at its open board meeting Thursday that contained some changes but maybe not enough to satisfy credit unions.
April 24 -
Reliant Bank in Brentwood, Tenn., is reportedly in talks to sell itself with Commerce Union Bank in Springfield, Tenn.
April 24 -
Bigger banks have shifted their efforts to deposit growth in advance of proposed liquidity rules. As a result, community banks are seeing more opportunities to lend, particularly in commercial lines that were once the domain of larger lenders.
April 24 -
A rundown of high-profile investors in small U.S. banks who command attention and their investment styles.
April 24 - New Jersey
An plunge in income tax expenses and organic loan growth helped propel Valley National Bancorp (VLY) in Wayne, N.J., to a solid first quarter.
April 24 -
By offering comprehensive business card features, banks and credit unions are positioned to meet the unique requirements of small business credit card account holders and compete with the largest financial institutions.
April 24 - Minnesota
Voyager Bank in Eden Prarie, Minn., officially named John Kimball as its new chief executive officer.
April 24 -
BankUnited (BKU) in Miami Lakes, Fla., reported higher quarterly earnings after selling some commercial loans.
April 24




