The Treasury Department plans to sell shares in five community banks for a discount of approximately 60%.

The $7.2 billion-asset company will auction between $15 million and $35 million of senior notes, it announced Friday.

Improved loan quality is allowing banks to reduce provisions, but industry experts believe that option may soon be tapped out.

The Federal Reserve Board has terminated an enforcement action against Eastern Virginia Bancshares in Tappahannock and has fined Blencoe State Bank in Iowa.

Pacific Trust Bank in Los Angeles has exercised its option to buy CS Financial in Beverly Hills, the bank said in a regulatory filing. Jeffrey Seabold, the managing director of Pacific Trust's residential lending division, is a majority owner of CS.

Carrollton Bancorp (CRRB) announced Thursday that its chief financial officer had resigned from the company roughly 75 days after it hired him.

SouthCrest Financial (SCSG) in Peachtree City, Ga., has raised nearly $18 million from a group led by Castle Creek Capital.

Maria Mitchell, a 19th century U.S. astronomer with historic ties to Pacific National Bank of Nantucket, was commemorated with a special doodle on google.com Thursday.

Most banks have been adding deposit share in some key markets while slipping in others. This graphic provides snapshots of how the battlefield is changing.

Increased stability among Georgia's banks also increases the odds of consolidation in the once-beleaguered state.

Outsiders were as excited as executives of the Columbus, Ga., bank after it repaid its Tarp funds, said CEO Kessel Stelling, who received scores of well-wishes.

Tompkins Financial in Ithaca, N.Y., said Thomas Rochon will become chairman after the retirement next May of James Byrnes, the $4.9 billion-asset company's founding chairman.

Shares of First NBC Bank Holdings (NBCB) in New Orleans dipped after it reported a decline in quarterly income in its first earnings report since going public in May.

Bank of the Ozarks (OZRK), HomeTrust Bancshares (HTBI), Glacier Bancorp (GCBI) and Central Valley Community Bancorp (CVCY) all announced deal completions Wednesday.

Avidbank Holdings in Palo Alto, Calif., has completed the redemption of its Troubled Asset Relief Program stock.

The serial acquirer in Rosemont, Ill., announced Wednesday that it has agreed to buy the $165 million-asset Diamond Bancorp, which has a branch on Chicago's north side and three branches in its northern suburbs.

The Seattle mortgage lender's agreements to buy two small banks would give it more commercial lending expertise and put it in the company of other banks like Sterling Financial and AmericanWest that are engaged in M&A-driven makeovers.

Center Bancorp (CNBC) in Union, N.J., has named a new chairman for its bank. The $1.6 billion-asset company also announced Wednesday that it had made its interim chief financial officer permanent.

More banks are planning to sell or spin off businesses because of Basel III, shareholder pressure and other forces, according to the Institute of International Finance and EY.

The rapidly growing Opus Bank in Irvine, Calif., has split its commercial and retail banking operations.