First Bank of Delaware is set to shut down by the end of the year, the result of a wide-ranging consent order issued that alleged weaknesses in the bank's monitoring of relationships in its e-payment and money services business lines, and poor compliance efforts.

Triumph Bancshares of Germantown, Tenn., has sold 1.35 million shares to investors, raising roughly $12.2 million in fresh funds to help grow its bank.

Top executives at Bank Mutual (BKMU) in Milwaukee told investors Monday that the company is eyeing acquisitions of banks and other financial services firms in its quest to become a “much larger company” in the next few years.

It's accounting — specifically purchase accounting, Gerard Cassidy of RBC Capital Markets says in a Q&A. The problem will persist until the economy and the real estate market improve further, he warns.

International Bancshares (IBOC) of Laredo, Texas, reported first-quarter income of $28.3 million, down more than 6% from a year earlier, as the company collected lower fees from interchange and overdraft protection.

With strong ledgers and creative management, many community bankers are proving they can thrive despite greater regulatory hurdles and the ever-present threat of large banks.

Old Line Bancshares (OLBK) in Bowie, Md., said Monday that its first-quarter earnings climbed 236% from the same period last year, to $1.8 million, thanks largely to an acquisition last year that roughly doubled its size.

Fewer midmarket companies are expecting to seek financing this year as balance sheets have become stronger, according to a new report from Deloitte.

The board at Shore Bancshares (SHBI) of Easton, Md., has voted to suspend its one cent per share quarterly cash dividend following its $3 million loss in the first quarter.

Members of HarborOne Credit Union in Brockton, Mass., would not be better served by the credit union's plan to convert to a savings bank, according the nation's top credit union regulator.

The Office of the Comptroller of the Currency closed Security Bank in North Lauderdale, Fla., on Friday, bringing the total number of failures so far in 2012 to 23.

Cardinal Bankshares, a Floyd, Va., company also alleges in a lawsuit that Henry Logue attempted to sell the company without the board's permission.

Suffolk Bancorp (SUBK) swung to a profit in the first quarter as the Riverhead, N.Y., company continued to shed the problem assets that dogged it for much of 2011.

Investors in Sterling Bancorp in New York voted against the compensation package of CEO Louis Cappelli and other executives. In contrast, shareholders supported pay at Sandy Spring Bancorp and Orrstown Financial earlier this week.

Few so-called good bank/bad bank deals have been completed, with regulators or investors serving as key impediments. Bar Harbor Bankshares hopes to become the second acquirer in the past two months to complete such an acquisition.

Ailing Liberty Bank in West Des Moines, Iowa, is selling three more of its branches in its home state as part of an ongoing quest to trim overhead and bolster its capital levels.

Jay Sidhu has stepped down as the chairman of Atlantic Coast Financial because he believes the Jacksonville, Fla., company was failing to “mitigate or significantly reduce risks facing the bank.”

Coming off a strong first quarter in which its profits more than tripled from the same period last year, Western Alliance Bancorp (WAL) in Phoenix may be looking to build up its war chest to keep the momentum going.

A Chicago banker dodges blame for the Cubs' woes, a Florida bank finds a creative way to drive deposit growth, and executives at several companies jumped ship to competitors.

The former Tarp pay master urges banks to head off anger over executive compensation by voluntarily complying with pay standards laid out by regulators.