Community banking
Community banking
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FirstBank Holding in Lakewood, Colo., will close 15 branches in its home state, reflecting an increase in its customers' reliance on electronic banking.
September 20 -
Ambassador, a broker-dealer and deal advisor, announced Thursday that it would acquire the operations of Capital Insight Partners. Jacob Eisen and Tad Gage, the co-founders of Capital Insight, are set to become managing directors of Ambassador.
September 20 -
Capital Bank Financial and National Bank Holdings priced their initial public offerings below the ranges they gave last week. Other banking companies have struggled in the IPO market this year.
September 20 -
First National Bank of the Gulf Coast believed it had all the cards in place to become a serial bank acquirer. But it hit a snag: the bank lacked a holding company to fully put its strengths to use.
September 20 -
Days after restating its 2011 results to show a larger loss, Broadway Financial (BYFC) in Los Angeles announced Wednesday that its first-quarter loss was lower than it first reported.
September 20 -
Oregon Pacific Bancorp in Florence has raised almost $2.4 million through a private placement of common stock to unnamed accredited and institutional investors.
September 20 -
Suffolk Bancorp is looking to grow after a large purge of nonperforming assets under CEO Howard Bluver.
September 20 -
What is good for the big banks is not necessarily good for the economy and the growth of jobs, writes the chairman of Signature Bank in New York.
September 20 -
Jackson Hewitt Technology Services is the latest tax preparer to end its partnership with Republic Bancorp, following the bank's decision to no longer offer refund-anticipation loans.
September 19 -
Community Bank of Central Wisconsin had to sell but couldn't find a single buyer — so it got creative and found two.
September 19 -
The Chicago-area company continues to make acquisitions in the Windy City, while other banks fret about a lack of targets. A key reason for CEO Edward Wehmer's success is his willingness to buy small banks, as opposed to swinging for the fences with one deal.
September 19 -
Add Fitch Ratings to the growing chorus of banking industry voices expressing concern about the expiration of a bailout-era deposit protection program and its potential impact on small banks.
September 19 -
A government program that lets small-business owners refinance commercial mortgages is set to expire next week, but supporters are hopeful that Congress will revisit it after the November elections.
September 19 -
A few years after a pair of high-profile failures pared their ranks and damaged their credibility, bankers' banks are seeking to overcome weak loan demand by becoming trusted advisors to small institutions.
September 19 - Illinois
Robert T. Isham, who has a private practice in nearby Lake Bluff, succeeded Willard Bunn 3rd as the board's new leader, the bank said on Wednesday.
September 19 -
Orrstown Financial Services (ORRF) is in the market for a new chief operating officer, adding to the list of vacated posts at the struggling company.
September 19 -
Lynn Harton has held key titles at South Financial, Regions Financial and BB&T. As South Financial's CEO, he helped orchestrate the South Carolina company's sale to TD Bank.
September 19 -
Wintrust Financial (WTFC) has agreed to buy HPK Financial, the parent of Hyde Park Bank and Trust.
September 19 -
A simpler calculation isn't necessarily the right one. If a capital ratio misrepresents a bank's risk or creates incentives to take on more of it, simple is scarcely an improvement.
September 19 -
Real estate values in some Detroit neighborhoods are surging as the state's automobile industry recuperates and investors flip bank-seized properties.
September 19




