Community banking
Community banking
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SVB Financial Group (SIVB) in Santa Clara, Calif., benefited from higher lending income and investment gains last quarter.
July 26 -
Quarterly profit of Investors Bancorp in Short Hills, N.J., rose 20%, as acquisitions led to higher lending income.
July 26 -
U.S. Century Bank in Doral, Fla., has postponed a shareholder vote on a $50 million capital injection.
July 26 -
Bank of Marin Bancorp in Novato, Calif., has completed its search for a new chief financial officer.
July 26 - Mississippi
Investors have been pressuring Hancock Holding (HBHC) in Gulfport, Miss., to speed up cost cuts after its $1.5 billion purchase of Whitney Holding in 2011. Second-quarter results strengthened their case.
July 25 - Pennsylvania
More fee income and a better credit picture propelled Susquehanna Bancshares (SUSQ) in Lititz, Pa., in the second quarter.
July 25 - Texas
Texas Capital Bancshares (TCBI) in Dallas posted lower quarterly income due to a spike in expenses.
July 25 -
Slowly but surely, community banks have been lending out more of the deposits they take in, a healthy sign for the industrys profitability.
July 25 -
Fee income and better credit quality helped First Merchants Corp. in Muncie, Ind., beat its second-quarter estimates.
July 25 -
Normally low-profile PacWest CEO Matt Wagner could get a night gig emceeing roasts or appearing at an L.A. comedy store, a sometimes-lighthearted conference call revealed this week.
July 25 -
Citigroup and Wells Fargo are laying off hundreds of mortgage workers, as the boom in home loan refinances starts to taper off. The job cuts are a familiar story for the cyclical mortgage business, but they signal more bad news for the banks that have seen refis as a bright spot amid lackluster sources of revenue.
July 25 -
Columbia Banking System in Tacoma, Wash., reported higher quarterly earnings.
July 25 -
The former First PacTrust has hired ex-L.A. Mayor Antonio Villaraigosa as a senior advisor and made Magic Johnson Enterprises executive Eric Holoman a director and head of its new community reinvestment panel.
July 25 -
United Community Banks in Blairsville, Ga., reported a huge profit after a tax reversal allowed it to purge its balance sheet of bad loans.
July 25 -
Berkshire Hills Bancorp in Pittsfield, Mass., is planning a comprehensive review designed to reduce core operating costs.
July 25 -
Univest Corp. of Pennsylvania in Souderton will start next year with a new chief executive.
July 24 - New York
New York Private Bank & Trust, the parent company of Emigrant Bank, has fully repaid its Troubled Asset Relief Program funds.
July 24 - North Dakota
BNCCorp in Bismarck, N.D., has appointed an interim leader after Gregory Cleveland, the $798 million-asset company's chief executive, died Tuesday after a sudden illness. He was 65.
July 24 -
Gayle Manchin has been elected to serve on the board of MVB Financial, the Fairmont, W.Va., bank, it announced Monday. Her husband, Joe Manchin, was West Virginia governor from 2005 through 2010 and is now the state's junior U.S. senator.
July 24




