Doreen Eberley, the director of the Federal Deposit Insurance Corp.'s Division of Risk Management Supervision, says examiners are more sensitive today to risks that are not obvious on a bank's balance sheet and that banks need to scrutinize an ever-changing landscape of new products.

A surge in mortgage activity left Evolve Bank & Trust in Memphis feeling the need for a more efficient way to handle commissions and recordkeeping.

Community banks are looking at ways to keep making mortgages despite added regulation, rising rates and a shrinking refinance market.

ESSA Bancorp (ESSA) in Stroudsburg, Pa., has agreed to a buy most of First National Community Bancorp's (FNCB) retail operations in Monroe County.

The $557 million-asset company announced Monday that Holland will become chief credit officer for its SouthCrest Bank unit. He succeeds Kent Berry, who retired this year.

With interest rates rising, lenders are pushing hybrid adjustable-rate mortgages again. Lenders say borrowers like the lower monthly payments and the loans no longer have the onerous interest-only or balloon features that contributed to the housing crisis.

Delanco Bancorp (DLNO) in Delanco, N.J., will convert from a mutual thrift to a fully public company.

Independent Bank (IBCP) in Ionia, Mich., plans to raise up to $86 million through a common stock offering.

BNCCorp (BNCC) in Bismarck, N.D., named Timothy Franz its permanent chief executive less than a month after he become interim CEO.

Delmar Bancorp in Salisbury, Md., has worked out an arrangement to redeem preferred stock from an outside investor.

Donald Wilson, chairman of Community Financial Shares (CFIS) in Glen Ellyn, Ill., has been appointed the company's president and chief executive.

The Office of the Comptroller of the Currency took six enforcement actions and ended several others last month, the agency said Friday.

The combination of Mercantile and Firstbank is expected to break the bank M&A logjam in Michigan. The combined company will be on the lookout for more deals, executives say.

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In a move aimed at reducing its cost of funds, Eastern Virginia Bankshares (EVBS) is retiring debt owed to the Federal Home Loan Bank System.

Zions Bancorp. (ZION) has promoted an executive in its real estate division to executive vice president and chief credit officer.

The Mississippi companies have received all the necessary approvals and expect to finalize the deal Sept. 1, they announced Friday.

Doral Financial in Puerto Rico is aiming its philanthropic work at women entrepreneurs to improve the fortunes of its community and its own.

Anchor BanCorp Wisconsin has settled fraud charges brought by the Securities and Exchange Commission in connection with one of its 2009 quarterly reports.

The demise of PerkStreet, a startup that offered generous cash back on debit card purchases, illustrates how the business is changing. Interchange-funded rewards are out; merchant-funded perks are in.