MainSource Bank in Greensburg, Ind., has agreed to buy the assets managed by Krumme and Brock Investment Services in Seymour, Ind. The employees of the Krumme firm, including owners Galen Krumme and Cliff Brock, would join MainSource Bank's wealth management division.

United Community Bancorp (UCBA) of Lawrenceburg, Ind., is suspending the payment of dividends on its common stock until the company completes a pending second-step conversion.

Business activity in the banking sector increased in August for the third straight month, according to industry executives surveyed for American Banker's latest Index of Banking Activity.

Tri Counties Bank in Chico, Calif., will pay as much as $2.5 million to settle a class-action lawsuit that claims it failed to properly pay overtime.

The CFPB flexes its muscle in a Discover deal, Sheila Bair blasts a double standard for hurting small banks and mortgage settlement overseer Joe Smith weighs in on progress to date.

An unnamed investor will inject $5.5 million into the troubled Anchor Commercial Bank in North Palm Beach, Fla., through a subscription agreement.

Hampton Roads Bankshares in Norfolk, Va., has completed its $45 million rights offering, though its private-equity partners were the largest contributors.

A bipartisan group of 53 senators is calling on banking regulators to consider the impact that proposed Basel III capital standards will have on community banks.

The $1.5 billion-asset Fidelity said it plans to consolidate its existing branch in Liberty, N.C., into the newly acquired location less than a mile away.

Forget the chitchat, find seasoned bankers (especially from your previous employer) and invite them over to meet the CEO — that's the recruiting formula Rodney Rushing uses at ServisFirst.

The Fed had reached the agreements in 2010 with America's Community Bank in Blue Springs, Mo., and First Capital West Bankshares in Laramie, Wyo.

BNC Financial Group (BNFI) in New Canaan, Conn., has promoted Robert J. Palermo to become the president of Bank of Fairfield.

Rusty Cloutier, the Lafayette, La., company's CEO, says MidSouth can double in size over the next five years without making another large acquisition.

Kentucky First Federal Bancorp (KFFB) has received approval from Federal Reserve Board to waive its right to receive a dividend.

Getting a good deal is sometimes about more than fetching top dollar, as private-equity investors in West Coast Bancorp demonstrate in their agreement to sell to Columbia Banking.

Flagstar, the $14.3 billion-asset company's board Tuesday approved a reverse split of outstanding shares that will give holders of Flagstar common stock prior to Oct. 24 one share for every 10 they own.

Umpqua Bank will open its first retail branch in San Jose early next year as part of its continued expansion in the Bay Area.

Naugatuck Valley Financial in Connecticut has named William C. Calderara its president and chief executive.

First Bancorp in Troy, N.C., has agreed to buy a branch from Four Oaks Fincorp in Rockingham and will also acquire $64 million in deposits and $22 million in loans associated with a branch in Southern Pines.

MidSouth Bancorp (MSL) in Lafayette, La., is expanding northward with an agreement to buy PSB Financial in Many, La., for $39 million.