Community banking
Community banking
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Camco Financial (CAFI) in Cambridge, Ohio, is looking to raise up to $10 million through a common shares rights offering to existing shareholders.
July 17 -
Fulton Financial reported higher quarterly earnings despite a decline in net interest income.
July 17 -
The Florida bank is eager to add loans after raising $5 million to surpass capital requirements from a 2011 consent order. It did so at a time when capital raising is on the decline.
July 17 - Alabama
Strong loan growth and improved efficiency powered ServisFirst Bancshares in Birmingham, Ala., to its 10th consecutive quarter of record earnings in the quarter that ended June 30.
July 17 -
The company is opening a loan production office in Wisconsin to focus on commercial loans. The reason? More than 300 banks are fighting for loans in Chicago, leading the local bank to look elsewhere for new business.
July 17 - New York
Provident New York Bancorp (PBNY) in Montebello, N.Y., has established a wealth management services division that will be led by of its top executives.
July 17 -
M&T Bank (MTB) reported a big drop in quarterly earnings Tuesday, but a close look shows that its Wilmington Trust acquisition is bearing fruit at the right time.
July 17 - New Jersey
Lakeland Bancorp (LBAI) in Oak Ridge, N.J., recorded higher second-quarter earnings as credit quality improved and loans increased.
July 17 -
Jim McMahon may have been a master at the Super Bowl Shuffle dance, but the former Chicago Bears quarterback apparently was less skilled as a bank director.
July 17 -
Green Bancorp CEO Geoff Greenwade wants to buy more banks, which he hopes will ultimately make the Houston bank more attractive to buyers.
July 17 -
Equity Bancshares in Wichita, Kan., plans to merge its two banking units to reduce expenses.
July 17 -
The regulator's recent report highlights supposedly high-priority concerns about small banks without mentioning the size, concentration and real risks of the megabanks.
July 17 -
- California
Westamerica (WABC) in San Rafael, Calif., reported that its second-quarter earnings fell slightly after loans and fee income declined.
July 16 -
The central bank has brought back a process scrapped in the late 1990s, where it will review preliminary merger plans of untested buyers pursuing unusual deals.
July 16 -
Directors and officers liability coverage is an unpopular topic of conversation at board meetings. But directors who shirk their responsibilities in this area may one day find their claims denied.
July 16 -
A pair of Orrstown Financial Services (ORRF) executives quit just two months after the Shippensburg, Pa., company's chief financial officer resigned.
July 16 -
St. Helen's Community FCU hired a new CEO who immediately urged the board to terminate a merger agreement with nearby Wauna FCU, which would have created a $300 million credit union.
July 16 -
Citigroup, the third-biggest U.S. bank, reported a 12 percent drop in second-quarter profit that beat analysts' estimates on revenue from advising on mergers and underwriting stocks and bonds.
July 16 -
Pulaski Bank has filed a lawsuit against three former employees over mortgage data that the Creve Couer, Mo., bank claims the employees took and are using to give their new employer a leg up.
July 16




