Atlantic Coast Financial (ACFC) of Jacksonville, Fla., reported a narrower loss in the first quarter than in previous quarters as it reduced its overhead and reiterated that it is still considering selling itself.

One of the obstacles to an acquisition is that the offers never make it to the board. They tend to come first through the target's CEO, who stands to lose a job (and compensation) in any sale.

Bryn Mawr Trust Company in Pennsylvania is expanding its banking operations into Delaware to go along with its wealth management business there.

EverBank Financial in Jacksonville, Fla., has reduced the size of its planned initial public offering, saying in an SEC filing it will offer 19.2 million shares to the public at $11 to $12 each, not the 12 to $14 each initially planned.

Huntington Bancshares (HBAN) is pairing with a Michigan retailer to substantially expand its presence in the state over the next decade.

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.

Ovation Holdings Inc. has agreed to buy most of Royal Palm Bank in Florida from Mercantile Bancorp.

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.

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.

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.

Orrstown Financial Services said Tuesday that shareholders voted in support of management's compensation, though they also voted to eliminate supermajority voting.

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.

Tired of sifting through struggling banks looking for a savior, some aspiring buyers are approaching healthy banks about acquisitions.

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.

Eagle Bancorp (EGBN) of Bethesda, Md., could raise up to $35 million for general corporate purposes, including potential acquisitions and organic growth.

Don't think of this business as residential lending. It's really a low-risk form of asset-based lending.

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.

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.

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.

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.