Community banking
Community banking
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Prosperity Bancshares (PB) in Houston is rearranging a number of its management posts.
January 30 -
CenterState Banks (CSFL) in Davenport, Fla., has agreed to buy First Southern Bancorp (FSOF) in Boca Raton, Fla.
January 30 -
Community banks are still struggling to regain their financial footing following the drying up of mortgage refinancings. But quarterly results are providing some glimmers of hope. Here are the highs and lows from the nearly 200 community banks that have reported so far.
January 30 -
Banks should devote more attention to big data, cloud computing and other high-tech tools that will help expand revenue and less time on cost cutting and other short-term gains.
January 29 - New York
Astorial Financial (AF) in Lake Success, N.Y., reported higher quarterly profits because of improved credit quality.
January 29 -
Banks that trade over-the-counter have long had concerns their stocks suffer from light trading and visibility. They hope a new exchange will help boost their stocks' liquidity and their buying power for acquisitions.
January 29 -
JPMorgan Chase (JPM) is committing $33 million to encourage community development financial institutions to work together to stimulate economic growth in underserved markets.
January 29 -
Longtime CEO William Cooper tells analysts that he is as optimistic as ever about his company's growth prospects following its reinvention.
January 29 -
Sunrise Bank in Cocoa Beach, Fla., has been freed from an enforcement order from the Federal Reserve Board.
January 29 -
Technology, like mobile banking and credit scoring, has eroded any strategic advantages small banks once held in serving small businesses, industry experts say.
January 29 -
The Westbury, N.Y., bank has sought a large deal to vault well over the $50 billion-asset threshold. But with no transformational deal in sight, it is now willing to pass that asset milestone through a small acquisition or organic growth.
January 29 -
The $17.6 billion-asset company's fourth-quarter earnings fell 36% from a year earlier, to $18.5 million.
January 29 -
Bankers think the regulatory environment is bad already, but it could get worse as regulators crack down harder on rules violators, hold directors and foreign banks to stricter standards and tackle "too big to fail," a top banking lawyer says.
January 29 -
Trustmark (TRMK) in Jackson, Miss., reported net income that missed Wall Street estimates, largely because of a drop in fee income.
January 29 -
Four shareholders of BankUnited (BKU) in Miami Lakes, Fla., plan to sell up to $291 million of common stock.
January 29 -
Helping people understand personal finances and empowering them to make better financial decisions ensures a better future for consumers, communities and our nation.
January 29 -
Iberiabank Corp. (IBKC) of Lafayette, La., reported higher quarterly earnings due to improved credit quality.
January 29 -
Crazy Woman Creek Bancorp (CRZY) in Buffalo, Wyo., is planning to convert to a state charter and repurchase preferred stock it issued to the Treasury Department under the Troubled Asset Relief Program.
January 29 -
It's still unclear what New York's planned "BitLicense" actually is, but the New York Department of Financial Services says its license is meant to encourage Bitcoin businesses to operate and innovate in the state.
January 29 - Missouri
UMB Financial (UMBF) in Kansas City, Mo., reported a big jump in profits as the company benefited from loan growth and a rise in fee income.
January 29




