Community banking
Community banking
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The Office of the Comptroller of the Currency has lifted a regulatory order against Alaska Pacific Bancshares (AKPB) in Juneau.
August 15 -
Aspiring bank buyers including Scott Custer of Piedmont Community Bank Holdings believe that proposed capital rules could reduce pricing and premiums for sellers.
August 15 -
New proposals would require appraisals for "higher-risk" mortgages, and compel lenders to notify borrowers of their right to an appraisal report. But loans meeting the special QM standard would enjoy a lighter touch.
August 15 -
Simmons First National (SFNC) in Pine Bluff, Ark., has outlined a succession plan as it readies for the retirement of its chairman and chief executive, J. Thomas May.
August 15 -
Beltway politics is hurting bank M&A, consumer confidence — but it's also time for bankers to stop opposing Dodd-Frank, says the former Obama chief of staff.
August 15 -
Low interest rates have allowed banks of all sizes to rotate out of time deposits and build up transaction accounts, but key differences in funding profiles persist across asset classes.
August 15 -
The Floyd, Va., company posted a big loss after purging its balance sheet and absorbing costs of a May proxy battle. The fight, led by Douglas Schaller, brought in three new directors and the accelerated departure of Cardinal's longtime CEO.
August 15 -
Home BancShares, in Conway, Ark., has agreed to pay $1.4 million for Premier Bank in Tallahassee, Fla. Premier's parent is in bankruptcy proceedings, which could spur rival bids for Premier.
August 15 -
Federal regulators issued proposals on Wednesday that would make home appraisals essentially compulsory in certain cases before banks can approve a loan.
August 15 -
The rules for mortgage servicing were written primarily for the largest players, but it is the smaller ones that will have the hardest time absorbing the costs.
August 15 -
EverBank's announcement this week that it has set up a division to lend to golf equipment makers is the latest example of a bank trying to distinguish itself as a niche lender. Whether banks acquire units or start them from scratch - usually by wooing away rivals' lending teams - the objective is the same: Offset weak demand for traditional business and consumer loans.
August 15 -
Two years after converting the preferred shares it owned in Sterling Financial (STSA) into common stock, the Treasury Department is now looking to sell those shares on the open market.
August 15 -
United Community Financial (UCFC) in Youngstown, Ohio, reported its third straight quarter of profitability as asset quality improved.
August 14 -
BBX Capital (BBX) posted a second-quarter net loss of $12.3 million for its last reporting period with BankAtlantic.
August 14 -
Mackinac Financial (MFNC) in Manistique, Mich., has raised roughly $11.6 million through a rights offering and the sale of common stock to an investor.
August 14 -
Lawmakers have set $10 billion in assets as a dividing line between small and large banks for regulatory purposes. That's left bankers at Trustmark's Gerard Host and other institutions that are approaching the cutoff with a choice: Deliberately limit their size or pursue acquisitions to solidly cross the threshold.
August 14 -
National Penn Bancshares in Boyertown, Pa., has completed restructuring $400 million of fixed-rate borrowings with the Federal Home Loan Bank of Pittsburgh to reduce interest expense and expand its net interest margin.
August 14 -
Six North Carolina businessmen and banking veterans made up the group that raised $13 million to buy First Carolina State Bank in Rocky Mount, N.C., from Capitol Bancorp (CRBC).
August 14 -
A personal touch can help a bank stand out, but providing great service is a challenge in our increasingly digital society. How do you develop meaningful (and lasting) relationships with your customers?
August 14




