Community banking
Community banking
- Ohio
Huntington Bancshares (HBAN) is pairing with a Michigan retailer to substantially expand its presence in the state over the next decade.
May 2 -
LAS VEGAS — Troubled Silver State Schools CU said this afternoon it lost another $3.5 million for the first quarter, erasing all of its remaining net worth and leaving it only with the emergency assistance provided by its private deposit insurer ASI.
May 1 -
Ovation Holdings Inc. has agreed to buy most of Royal Palm Bank in Florida from Mercantile Bancorp.
May 1 -
Bar Harbor Bankshares (BHB) in Maine has struck its first deal in its 125-year history, announcing late Tuesday that it is buying substantially all of the assets and deposits of Border Trust Company in Augusta.
May 1 -
The San Luis Obispo, Calif., bank in five years went from a start-up to the winner in a bidding war between two bank suitors. Picking a good location and keeping its nose clean paid off, CEO Mark Crawford said.
May 1 -
Aided by a decrease in problem loans, improved expense control and robust mortgage-lending activity, Hampton Roads Bancshares narrowed its loss in the first quarter to $7.9 million from $21.4 million in the fourth quarter and $31.6 million the same period last year.
May 1 - Pennsylvania
Orrstown Financial Services said Tuesday that shareholders voted in support of management's compensation, though they also voted to eliminate supermajority voting.
May 1 -
The Federal Reserve Board has terminated a written agreement with MidSouth Bank after capital levels improved and noncurrent loans decreased at the Murfreesboro, Tenn., company.
May 1 -
Tired of sifting through struggling banks looking for a savior, some aspiring buyers are approaching healthy banks about acquisitions.
May 1 - West Virginia
Shares of Premier Financial Bancorp (PFBI) surged to a 52-week high Tuesday after the Huntington, W.Va., four-bank holding company reported a 69% increase in its first-quarter profit.
May 1 -
Eagle Bancorp (EGBN) of Bethesda, Md., could raise up to $35 million for general corporate purposes, including potential acquisitions and organic growth.
May 1 -
Don't think of this business as residential lending. It's really a low-risk form of asset-based lending.
May 1 -
Two Fulton Financial shareholders shared their displeasure with the company at its annual meeting, slamming a decision to award a $1.2 million cash "retention" bonus to its CEO, Scott Smith, even though he's retiring at the end of the year.
May 1 -
Independent Bank Corp. (INDB) of Rockland, Mass., has agreed to acquire Central Bancorp (CEBK) of Somerville, Mass., for $54.8 million in cash and stock.
May 1 -
While having dinner with a couple of old banker friends recently, our conversation turned to a consistent challenge many management teams face. It started when one friend shared that he was recently in a meeting in which his bank's "revised" incentive plan for branch managers and frontline employees was being explained.
May 1 -
Like any self-conscious Chicagoan, Ed Wehmer is hoping his actions – in this case an advertising campaign at Wrigley Field – aren’t perpetuating the Chicago Cubs’ curse.
May 1 -
With strong ledgers and creative management, many commuity bankers are proving they can thrive despite greater regulatory hurdles and the ever-present threat of large banks.
May 1 -
The best performers among banks and thrifts with less than $2 billion of assets aren't just marginally better than their overall peer group — they're more than twice as good.
May 1 -
PacWest Bancorp (PACW) will buy American Perspective for $58 million in cash, trumping a $44 million offer that Umpqua Holdings (UMPQ) made for the San Luis Obispo, Calif., company just a month earlier.
April 30 -
This is the year when bank shareholders started saying "enough" to gigantic CEO pay packages and giving a stinging thumbs-down to certain banks. Paul Hodgson, a senior research associate at GMI Ratings, sums up this year's early proxy-season pay trends and offers insights into what's ahead.
April 30



