Community banking
Community banking
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Porter Bancorp in Louisville is poised to make John Taylor its chief executive after the sudden retirement of Maria Bouvette. The move could improve its changes of attracting new investors to recapitalize it.
July 24 -
Community banks are once again considering offering credit cards after retreating from the product after the financial crisis.
July 24 -
Profit slipped at Cullen/Frost Bankers (CFR) in San Antonio as expenses rose last quarter.
July 24 -
Profit fell at New York Community Bancorp (NYCB) in Westbury, N.Y, as mortgage banking revenue dropped sharply last quarter.
July 24 -
New executives are effecting an IT reawakening at Orrstown Bank to prepare it for growth. Projects being tackled include: enlarging the IT team, outsourcing the core, replacing the email system and redoing the digital channels.
July 24 -
BankUnited (BKU) in Miami Lakes, Fla., added interest income and beat earnings estimates as it expanded into New York City last quarter.
July 24 -
Asset management fees helped push UMB Financial in Kansas City, Mo., to a higher quarterly profit.
July 24 -
Berkshire Hills Bancorp in Pittsfield, Mass., and Community Bank System in DeWitt, N.Y., have struck deals to buy branches from Bank of America.
July 24 -
Trustmark in Jackson, Miss., says it is starting to realize the benefits of its acquisition of BancTrust Financial Group.
July 24 -
German American Bancorp in Jasper, Ind., has agreed to buy United Commerce Bancorp in Bloomington, Ind.
July 24 - Pennsylvania
The $17 billion-asset company's second-quarter earnings rose 2% from a year earlier, to $40.6 million. Per-share earnings of 21 cents beat the estimates of analysts polled by Bloomberg by 2 cents.
July 23 -
Executives of PacWest had become frustrated with the shortcomings of traditional, deposit-heavy banks when seeking M&A targets. They reached instead for the prospect of loan growth provided by commercial financier CapitalSource.
July 23 -
Providing financing to solar farms is 'socially responsible' and a good way to expand in leveraged loans, its CEO says. Its in-house experts came via an acquisition.
July 23 -
Bank analyst Brian Foran poked fun at his own job-hopping during a regional bank's second-quarter earnings call.
July 23 -
The outspoken CEO has nothing but praise for the Basel Committee and says bankers have little to fear from the CFPB.
July 23 -
Chinatrust Bank in Los Angeles has hired heads of risk management and retail banking.
July 23 - Kentucky
Porter Bancorp (PBIB) in Louisville, Ky., will replace its chairman and chief executive at the end of this month.
July 23 -
The Alabama regional bank, which struggled to jumpstart top-line growth during the second quarter, is hiring financial consultants and holding more 15-year mortgages.
July 23 -
MB Financial was eager to buy Taylor Capital because of its commercial lending prowess, not its mortgage unit. However, private-equity firms are said to be in talks to buy the unit.
July 23 -
The Federal Reserve Board has terminated enforcement actions with Royal Bancshares of Pennsylvania in Narberth and First Pryority Bank in Pryor, Okla.
July 23




