Community banking
Community banking
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Trustmark Corporation in Jackson, Miss., said its second-quarter earnings fell 3% from the same period last year, to $29.3 million, as improved credit quality could not offset declines in fee income and total loans.
July 24 - Pennsylvania
F.N.B. Corp. (FNB) in Hermitage, Pa., posted higher second-quarter profit as loan balances surged.
July 24 -
The Illinois company spent three years trying to keep its Kansas and Florida banks from failing. The company, which has other banks, is not off the hook yet because the FDIC could charge it for the cost of the failures.
July 24 -
The next six months are critical to the bank if it is to exit Tarp and stay independent, says Kessel Stelling, the Columbus, Ga., company’s chairman and CEO.
July 24 - Ohio
FirstMerit (FMER) in Akron, Ohio, trumped higher noninterest costs with more lending for a slight gain in quarterly profits.
July 24 - New York
Provident Bank in Montebello, N.Y., has recruited another team of lenders away from a rival bank as part of its broad plan to boost its commercial lending in the New York City area.
July 24 -
Double-digit loan growth boosted the bottom line more than 20% at Signature Bank (SBNY) in New York.
July 24 -
Synovus Financial (SNV) continued its comeback, reporting its fourth profitable quarter in a row.
July 24 -
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BancorpSouth posted lower earnings from the first quarter after adjusting for lower valuations in its mortgage servicing rights, the company said Monday.
July 23 -
Second-quarter profit at Eagle Bancorp (EGBN) rose 57% from a year ago, as the Bethesda, Md.-based company grew its loan portfolio and gathered more fee income.
July 23 - Michigan
Fueled by increased fee income, Chemical Financial (CHFC) in Midland, Mich., posted its highest quarterly earnings per share in more than six years.
July 23 -
The Milstein family's recent sale of Emigrant Bank's New York branches shows how banks can innovate when they don't answer to a wide shareholder base.
July 23 -
S&T Bancorp's second-quarter profit fell 36% from the same quarter last year, to $8.6 million, as gains in fee income could not offset narrowing margins and an uptick in problem loans.
July 23 -
Northwest Bancshares (NWBI) in Warren, Pa., posted higher second-quarter earnings after delinquent and nonaccrual loans fell to their lowest levels in four years.
July 23 -
The Renton, Wash., company has spent more than $600,000 to fight an big outside investor, highlighting the cost of duking it out with irate shareholders.
July 23 - Washington
Strong gains in fee income combined with improved asset quality powered West Coast Bancorp in Lake Oswego, Wash., to a $6 million profit in the second quarter, up 30% from the same period in 2010.
July 23 -
ALEXANDRIA, Va. – Pentagon FCU announced this morning its Prudential PenFed Realty CUSO has acquired Prudential Professional Realty in Clarksville, Tenn., an independent franchise outside the Fort Campbell, Kentucky, military base, which has been rebranded as Prudential PenFed Realty.
July 23 -
Howard Bancorp in Ellicott City, Md., has raised $10.2 million through a public offering and private placement of common stock.
July 23 - Hawaii
Lower noninterest expenses and a declining provision for credit losses led Bank of Hawaii (BOH) in Honolulu to second-quarter net income of $40.7 million, up almost 16% from a year earlier.
July 23



