The banking industry earned a record profit for the second straight quarter as growth in noninterest income continued to make up for a slow recovery in the lending sector, the Federal Deposit Insurance Corp. said Thursday.

Heartland Financial (HTLF) in Dubuque, Iowa, plans to raise up to $75 million.

Prosperity Bancshares in Houston has agreed to buy F&M Bancorp in Tulsa, Okla.

GNB Financial in Gratz, Pa., has agreed to buy Liberty Centre Bancorp in Pottsville, Pa.

VantageSouth Bancshares in Raleigh, N.C., announced that its president will resign.

Unity disclosed in a regulatory filing Wednesday that it paid the Treasury Department $2.7 million to repurchase a warrant to buy about 765,000 shares of common stock.

CresCom Bank in Myrtle Beach, S.C., has agreed to buy a branch from First Carolina Bancshares in Waterboro, S.C.

Traditional bank M&A in Georgia has been nearly dead in recent years, but Hamilton State Bancshares' deal this week to buy Cherokee Banking suggests that the Peach State may be primed for consolidation.

Independent Bank (IBCP) in Ionia, Mich., has raised $89 million as part of a plan to exit the Troubled Asset Relief Program.

The strength of America's financial system is a result of the diversity of its players, but that diversity won’t survive if our nation continues down the path of one-size-fits-all regulatory reform.

Disaster recovery. Offering customers job-search help. Penetrating underserved markets. Dishing out ice cream to promote a brand. Financial institutions have a multitude of reasons for deploying services on wheels. Here are five financial institutions offering services via motor vehicle across the country.

The chief credit officer at Hanmi Financial in Los Angeles has resigned.

Heartland Financial in Dubuque, Iowa, has hired a chief financial officer.

The investor group that plans to recapitalize U.S. Century Bank in Doral, Fla., has reportedly revised its offer to give a larger stake to preexisting shareholders.

Security California Bancorp in Riverside is working with a venture-capital firm to fund high-tech businesses.

First Citizens Bancshares in Raleigh, N.C., has agreed to buy 1st Financial Services in Hendersonville, N.C.

A New Jersey credit union has agreed to accept accounts transferred from a trading exchange that handles Bitcoin and other virtual currencies. The move, apparently aimed at attracting business from investors and financial institutions that trade in the alternative forms of tender, could provide them with a much needed level of legitimacy. Staff reporters discuss.

First Financial Bancorp (FFBC) in Cincinnati has retooled the management structure of its bank.

Shon Hopwood has taken an unusual path: from bank heists to prison to law school … and now a prestigious federal clerkship.

The surge of institutional money into banking stocks is likely to continue for at least another quarter, according to Keefe, Bruyette & Woods.