Community banking
Community banking
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Prosperity Bancshares in Houston sees Oklahoma as a nearby, familiar market with ample growth room and pledges more acquisitions after its $194 million deal for Coppermark Bancshares in Oklahoma City.
December 11 -
The Federal Reserve Board has terminated enforcement actions against Community Bankers Trust (BTC) in Glen Allen, Va., and Northwestern Bank in Chippewa Falls, Wis.
December 11 -
A bank's decision to balk at paying dividends to a private investor that bought its Troubled Asset Relief Program shares may reduce investor interest in future such offerings and make it harder for the government to make a decent return.
December 11 -
The chief executives of two New York banks will serve on a panel charged with recommending changes to the state's tax code.
December 11 -
Regulators need to create an environment where firms are not afraid to speak out. Banks need to come up with clearer explanations of their business models to prevent the creation of unnecessary rules.
December 11 -
Heritage Bank of Commerce in San Jose, Calif., has lured a veteran small-business banker.
December 11 -
Astoria Financial (AF) could be a likely takeover target because of its recent emphasis on multifamily lending and a stock that is trading at a discount.
December 11 -
The nation's two largest banks are heading in opposite directions when it comes to customer satisfaction. Overall, banks are narrowing the gap with credit unions.
December 11 -
Ensuring that corporate boards include a diverse set of skills, backgrounds and personalities helps against groupthink's dislocation of corporate and shareholder interests.
December 11 -
Solera National Bancorp in Lakewood, Colo., has hired a veteran risk manager as its chief credit officer.
December 11 -
Amerasia Bank in New York has agreed to buy a troubled community bank in Florida. The $291 million-asset bank will acquire Great Eastern Bank of Florida, says Jimmy Tsai, Amerasia's chief operating officer.
December 11 -
Bob Kottler explains how the Louisiana company has been able to book small business loans while other banks struggle to grow.
December 11 -
Prosperity Bancshares (PB) in Houston has agreed to buy Coppermark Bancshares in Oklahoma City, Okla., for $193.9 million in cash and stock.
December 10 -
The $5.8 billion-asset holding company of Chemical Bank in Midland, Mich., said Monday it has completed its $8.1 million purchase of 21 branches from Independent Bank (IBCP) in Ionia, Mich.
December 10 -
Banks will have adjustments to make in residential lending next year even though the housing recovery will continue, according to an economic forecast issued Monday.
December 10 -
The jump in Bank of America’s Basel III capital ratio in the third quarter reflected favorable moves in rates and credit spreads, not retained earnings.
December 10 -
Business activity in the banking sector accelerated slightly in October, rising for the fifth straight month, according to industry executives surveyed for American Banker's latest Index of Banking Activity.
December 10 -
The $1.2 billion-asset First Business said Monday that it sold 1.1 million shares of common stock at a price of $23 a share. First Business said recently that it would use proceeds from the sale to redeem some of its subordinated debt and to fund growth.
December 10 -
The $1.75 billion-asset company disclosed late last week that its purchase agreements with ValStone Partners, a private-equity firm in Michigan, had been terminated. Calls to Capitol (CBCRQ) and ValStone were not immediately returned.
December 10 -
Bob Kottler, an executive at Iberiabank, hopes the Consumer Bankers Association can help shape the agency’s rulemaking process in 2013.
December 10





