A report from the CFPB's ombudsman found that problems endemic to mortgage servicing are prevalent in student loan servicing as well.

Pacific Premier Bancorp (PPBI) in Costa Mesa, Calif., has agreed to pay roughly $53.7 million to acquire a niche bank to help fund future loan growth.

Regulation and low interest rates are challenging all banks, but a panel of CEOs at the American Bankers Association's annual convention shared tips on how they believe smaller institutions can succeed.

Third-quarter earnings at Intervest Bancshares (IBCA) fell roughly 15%, to $2.2 million, from a year earlier as the New York company shrunk its balance sheet.

Bankers question the fairness of some compliance penalties charged by the Small Business Lending Fund, which added 3% to its returns through June 30.

Without one, community banks will face increased risk of litigation they cannot afford. This could push many of them out of the mortgage market.

The gap between consumer and secondary market mortgage rates has blown out to a 12-year high, as this interactive graphic shows. Lenders have trouble explaining what will replace mortgage earnings once production fizzles, however.

Stifel Nicolaus Weisel, an investment banking firm in St. Louis, has jumped to third from sixth place among bank deal advisors this year.

While Comptroller Tom Curry made it clear that regulators will not back down from a push for higher capital levels, he suggested the agencies are considering other ways to reduce the burden of the Basel III proposal for community banks.

The complexity of Basel III is irrelevant to 90% of U.S. banks and should not be imposed on them. If rejecting the rules altogether is not considered politically feasible, a sensible alternative would be to simply exempt all community banks from its requirements.

Times are tough for community banks. Net interest margins are getting squeezed and loans are hard to find. Bankers must be mindful that their margins of error are also thin as they face temptation to take more risks. Here are some mistakes to avoid.

Banks have a long history of hiring personalities to fill board seats. The practice fell out of favor during the financial crisis but is slowly experiencing a revival. Some appointees bring financial expertise to the table, while others deliver a certain cache to the bank.

A unit of EverBank Financial (EVER) has hired a former U.S. Bank sales manager as the Jacksonville, Fla., company continues to diversify its business.

Bank of the Ozarks (OZRK) in Little Rock announced earnings of the $19.3 million for the third quarter, up 2% from a year earlier, as low expenses more than offset rising credit costs.

The Federal Reserve Board has terminated a prompt corrective action against Sunrise Bank in Cocoa Beach, Fla.

More than 700 community banks failed a stress test performed by the New York data company Trepp, based on the proposed Basel III guidelines. Even if they wanted to do something about this problem, many would have a hard time raising capital in the private markets now.

The mutual holding company for Northeast Community Bancorp (NECB) will ask its members to waive their right to receive dividends from the White Plains, N.Y., company.

A surge in commercial and commercial real estate loans helped boost profits at Webster Financial (WBS) by 7% in third-quarter, to $44.4 million, from a year earlier.

Fed Gov. Daniel Tarullo calls for capping the size of banks, lawsuit proliferate, earnings roll in.

Two East Coast banks have shed their mutual holding company ownership.