Five Star Credit Union in Dothan, Ala., has agreed to buy Flint River National Bank in Camilla, Ga.

TowneBank (TOWN) in Portsmouth, Va., has converted all of its Series A preferred stock into common stock.

Regulators have lifted a seven-year-old enforcement action against CIB Marine Bancshares (CIBH) in Waukesha, Wis.

Banks hit another earnings record in the second quarter, but there were other pieces of good news tucked away inside the Federal Deposit Insurance Corp.'s recently released Quarterly Banking Profile as well. From better credit quality to a falling number of "problem" banks, the industry had a lot to celebrate — even if it must also face the grim prospect that falling loan loss provisions won't boost earnings much longer.

Marie Blake now oversees the $13.1 billion-asset company's regulatory compliance department, it said Tuesday.

Pacific Commerce Bank (PFCI) has completed corrective steps mandated by the Federal Reserve Bank of San Francisco.

Douglas Manditch, chairman and chief executive at Empire National Bank, believes community banks are being squeezed by "overzealous" regulation and are feeling pressure to sell.

Independent Bank in Ionia, Mich., has exited the Troubled Asset Relief Program.

A judge has approved Anchor Bancorp Wisconsin's plan to file for bankruptcy.

When it agreed to be sold to Stifel last year, KBW was painted as a victim of weak bank M&A and the transformation of investment banking. Things are looking up now as the combined company ranked as the top advisor in four of six U.S. regions at midyear.

Student and auto lending surged in the 12-month period ended in July, according to an Equifax report released Thursday.

Total domestic deposit balances at institutions insured by the Federal Deposit Insurance Corp. fell by $31 billion, or 0.3%, in the second quarter, according to analysis from Market Rates Insight.

Merchant Bank in Winona, Minn., plans to buy two branches from Associated Banc-Corp (ASBC) in Green Bay, Wis.

The Federal Deposit Insurance Corp. took regulatory actions against nine banks and freed 22 banks from orders in July, according to an enforcement update released Friday.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

Commonwealth Business Bank (CWBB) in Los Angeles has added veteran banker Alvin Kang to its board.

First Financial Northwest in Washington ousted a longtime CEO, while HopFed Bancorp in Kentucky seated an outsider on its board and canceled an acquisition, under pressure from activist shareholders. More banks can expect similar fights.

The thought of leaving their century-old headquarters didn't appeal to execs at MidWestOne, but neither did a makeover during the height of the recession. They're finally free to give their office space some overdue updates.

American Banker readers share their views on the most pressing banking topics of the week. As excerpted from the Comments sections of AmericanBanker.com articles.

The chief risk officer of Scotiabank in Toronto is retiring, prompting several senior management changes.