Community banking
Community banking
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The Treasury Department is taking a roughly 45% discount its latest auction of Troubled Asset Relief Program shares.
November 8 -
First Mariner Bancorp (FMAR) in Baltimore recorded a large third-quarter loss after its mortgage revenue fell by more than 80% from a year earlier.
November 8 -
StoneCastle Financial in New York launched its $110 million initial public offering Thursday.
November 8 -
Banc of California's (BANC) president has resigned after the Irvine company reported a large quarterly loss and dive in its capital ratios.
November 8 -
Hampton Roads Bankshares (HMPR) in Virginia Beach, Va., made big gains in the third quarter because of lower costs tied to foreclosed properties and repossessed assets.
November 8 -
Peapack-Gladstone Financial (PGC) in Bedminster, N.J., has launched a $42 million rights offering.
November 8 -
Eastern Bank in Boston has acquired an insurance agency in Lynnfield, Mass.
November 8 - Illinois
Wintrust Financial (WTFC) in Rosemont, Ill., has renegotiated a $100 million loan agreement with outside lenders.
November 8 - Mississippi
The $19.3 billion-asset company plans to merge its Hancock Bank and Whitney Bank subsidiaries in the first quarter of 2014, pending regulatory approval, it said Thursday.
November 7 - Massachusetts
The $649 million-asset company said late Thursday that it had retained Sterne, Agee & Leach, making the announcement after it prevailed in a bitter contest with an activist investor.
November 7 -
Recently there have been many acquisitions and other i-banking transactions involving financial technology companies that target low-to-moderate income consumers, according to a new study.
November 7 - Ohio
Farmers National Banc (FMNB) in Canfield, Ohio, has named Kevin Helmick its permanent president and chief executive officer.
November 7 - North Carolina
First Citizens BancShares (FCNCA) in Raleigh, N.C., reported higher third-quarter profit because of a significant improvement in credit quality.
November 7 -
If there is any chance a Basel Committee standard could apply to community banks, U.S. regulators need to make every effort to consult with these institutions before agreeing to it.
November 7 -
The $1.7 billion-asset company said Thursday that it closed two branches last month, and that another four branches will close by next March.
November 7 -
New regulations and the end of the refi boom are forcing banks to seek new sources of noninterest income. Some are taking a hard look at offering services they can charge for.
November 7 - North Carolina
The Federal Reserve Board has announced the termination of regulatory orders with four lenders Thursday: FNB United (now named CommunityOne Bancorp), Highland Bancshares, National Consumer Cooperative Bank and NCB Financial.
November 7 - California
Stephen Carpenter will step down as CU Bancorp's vice chairman and become a director emeritus at the end of the year, the $1.3 billion-asset company said Thursday.
November 7 -
Southern Missouri Bancorp (SMBC) in Poplar Bluff has agreed to buy Citizens State Bankshares of Bald Knob in Arkansas.
November 7 -
International Bancshares (IBOC) in Laredo, Texas, reported a rise in quarterly profit as its net interest income ticked up.
November 7



