Community banking
Community banking
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"White paper" by Hawke and Litan says institutions do not get the same "value" out of their exams following the crisis as they did before the crisis.
April 27 -
Christopher Whalen at Tangent Capital is concerned about a component of the initial public offering that lets some existing investors sell their stock.
April 27 - Ohio
First Financial Bancorp (FFBC) in Cincinnati is planning to close 10 of its branches in a move it says will reduce its annual overhead by about $2.3 million.
April 27 -
The 31 banks that disclosed their sales price in 2012 fetched a median price equal to 116% of their tangible book, up from a median price of 94% of tangible book in the fourth quarter and 108% a year earlier, SNL said.
April 27 -
Proxy advisory firms want shareholders to reject compensation plans at three banks' meetings the week of April 29: Sterling Bancorp, Sandy Spring Bancorp and Orrstown Financial. Investors have voted against pay at a handful of banks this year, but these meetings could show if a trend is brewing.
April 27 - Texas
Prosperity Bancshares in Houston reported first quarter earnings of $36.5 million, up 7.7% from a year earlier as net interest income increased and already low credit costs fell further.
April 27 -
Thinly traded First Trust Bank was a popular stock with investors early Friday after rumors circulated that the Charlotte community bank could soon be acquired.
April 27 - New Jersey
Investors Bancorp (ISBC) in Short Hills, N.J., reported a profit of $18.9 million in the quarter that ended March 31, up about 4% from the same period last year, as an acquisition and continued organic growth helped boost earning assets.
April 27 -
Hancock Holding's (HBHC) shares tumbled Friday morning after the Gulfport, Miss., company reported that its first-quarter earnings fell short of expectations as its allowance for loan losses rose.
April 27 -
Calling it a "milestone in its global growth," Silicon Valley Bank announced late Thursday that it has received permission from British banking authorities to open a full-service banking office in London.
April 27 - Michigan
Citizens Republic Bancorp (CRBC) in Flint, Mich., reported its fourth-straight quarterly Thursday profit as loan quality continued to improve and a surge of new deposits helped generate fresh income from investment securities.
April 26 -
As revenue growth diminishes, more community banks are looking to expand their wealth management and trust operations. A number of them, including Iberiabank and Wintrust, are turning to acquisitions for growth.
April 26 - Texas
Texas Capital Bancshares' (TCBI) stock zoomed to an all-time high Thursday after the Dallas company handily beat first-quarter earnings projections and the investment firm Sterne Agee & Leach upgraded its shares from neutral to buy.
April 26 -
Asset quality might be paramount, but there are other things sellers need to consider as they seek to attract buyers. The list includes avoiding long-term contracts, trimming expenses and retaining key employees.
April 26 -
The Federal Reserve Board has terminated a written agreement with North Valley Bancorp (NOVB) in response to the Redding, Calif., company's improved financial condition.
April 26 - Maine
Bar Harbor Bankshares (BHB) in Maine is getting some love from analysts following its record earnings performance in the first quarter.
April 26 -
When I see my name in print included alongside names like Sheila Bair, Tom Hoenig, Richard Fisher, and Simon Johnson, I take notice.
April 26 - Georgia
United Community Banks (UCBI) in Blairsville, Ga., reported a profit of $8.5 million in the first quarter as lower expenses and 31% jump in fee-based revenues from the prior year more than offset slightly weakening asset quality.
April 26 - Hawaii
Central Pacific Financial (CPF) said Thursday that first-quarter earnings rose 191% from a year earlier, to $13.5 million, as it reduced nonperforming assets and decreased the amount of chargeoffs.
April 26 -
Sun Bancorp (SNBC) has more than doubled the size of its New Jersey home mortgage team by hiring 50 former MetLife (MET) employees for its residential lending division.
April 26




