Rough calculations reveal that the Greensboro, N.C., company could be pledging nearly $2 million in tangible common equity to back Security Savings' assets.

A growing number of multibank holding companies have decided that cutting costs is more important than having a local face in certain communities.

The $625 million-asset BNCF Financial will pay about $5 million in cash for the $75 million-asset Wilton. BNC Financial said it expects no tangible book value dilution after the deal is completed.

The public's confidence in U.S. banks is up five percentage points from a year earlier, to 26%, according to a poll released Friday by Gallup.

F.N.B. Corp. in Hermitage, Pa., has agreed to buy BCSB Bancorp in Baltimore in a stock transaction valued at $79 million, or $23.77 a share. The acquisition is the company's third in less than eight months.

Washington Trust Bancorp in Westerly, R.I., has tapped one of its executives to become head of wealth management at its bank.

Prudential Bancorp in Philadelphia is planning a second-step conversion.

NewBridge Bancorp (NBBC) in Greensboro, N.C., is acquiring a cash-strapped mutual at the behest of state regulators.

Sen. Elizabeth Warren voiced concerns Thursday about the regulatory burden facing community banks, asking whether the industry needs a two-tiered system of rules to keep the smallest institutions from being wiped out.

The $1.2 billion-asset company paid $540,000 to repurchase the warrant it issued the Treasury Department in December 2008, Hawthorn said Thursday.

Urban Partnership Bank's plans to open a branch inside a Walmart store in a revitalizing Chicago neighborhood show how two very different institutions decided they would be a good fit after listening to their customers.

Bankers and regulators may need to study the barriers of entry into banking just as seriously as the NFL and Major League Baseball consider new franchises for football and baseball.

The Office of the Comptroller of the Currency has lifted a regulatory order that had been imposed on a unit of MetroCorp Bancshares in Houston.

Associated Bank plans to use analytics so it can make more appropriate sales pitches and help business clients better manage their affairs.

The Federal Reserve has taken action against one bank (Northwestern Bancorp in Traverse City, Mich.) and lifted an order on another (Saehan Bancorp in Los Angeles).

A German court weighed in on a bank mishap that gives new meaning to the term "you snooze, you lose."

West Bancorp. recently took out a loan to buy back 8% of its common stock, while BNC Bancorp used borrowed funds to exit Tarp.

Security State Bank has agreed to buy Security State Bank in a deal that could eliminate some brand confusion in central Iowa.

Some banks have transformed their loan portfolios with a focus on business borrowers, and made strides in profitability at the same time.

New indications that an overdraft fee crackdown is looming has added fresh urgency to bankers' quest to expand revenues. American Banker editors discuss some of the latest twists in the industry's search for ways to generate new business and cut costs.