Community banking
Community banking
- Mississippi
BancorpSouth (BXS) of Tupelo, Miss., is coming off its strongest quarter in two years as improved asset quality and modest growth in fee income more than offset declining loan revenue.
April 24 -
Loan-loss provisions keep plummeting at community banks, as credit trends improve and a need for protective stockpiles subsides. The drop has contributed to some community banks beating analysts’ profit estimates for the first quarter.
April 24 -
Truman Bank of St. Louis has been undercapitalized since late last year and the Federal Reserve Board has issued a Prompt Corrective Action order saying said it has 90 days to either bolster its capital levels or find a buyer.
April 24 - Illinois
PrivateBancorp (PVTB) in Chicago reported first-quarter earnings of $10.8 million, up 44% from a year earlier, as credit costs fell and the company collected more fees.
April 24 - Missouri
Shares of UMB Financial (UMBF) hit a 52-week high Tuesday after the Kansas City, Mo., company reported a record $46.4 million profit in the first quarter, a 50% increase from the same period last year.
April 24 -
Synovus Financial (SNV) is coming off its most profitable quarter in four years and now everyone wants to know when the Columbus, Ga., company plans to repay the Troubled Asset Relief Program.
April 24 -
Aided by strong loan growth, Signature Bank (SBNY) in New York reported first-quarter net income of $42.4 million, up more than 22% from a year earlier.
April 24 -
The acquisition would add 15 branches and deepen penetration in key markets.
April 24 -
Women expect you to walk the talk. If you say, "we care about and believe in women," yet all of your management is men, then, Houston, you have a problem.
April 24 -
Roberto Herencia, chairman of First Bancorp in Puerto Rico and an ex-CEO of Banco Popular North America, is the investment group's leader.
April 24 - Missouri
Almost three months after spooking investors with plans to restate 2010 and most of 2011, Enterprise Financial Services in St. Louis might be working its way back into their good graces.
April 23 -
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Eagle Bancorp (EGBN) originated and sold off more residential mortgages in the first-quarter, which helped boost profits by about 49%, to $7.6 million, from a year earlier.
April 23 - Washington
Solid revenue growth and continued improvement in credit quality led Banner Corporation (BANR) in Walla Walla, Wash., to its most profitable quarter in at least five years.
April 23 -
The executives of United Western Bank filed a motion for summary judgment that also spares no criticism of how the OTS handled the Denver thrift's failure in early 2011. The motion claims that the now-defunct regulator closed the thrift despite evidence that management had just raised $200 million in life-saving capital.
April 23 - Oregon
Reduced expenses and a lower provision for credit losses helped boost West Coast Bancorp's first-quarter net income by nearly 14% from the same period last year, to $5.4 million.
April 23 -
Buyers and sellers still cannot agree on price, the heads of six acquisition-minded banks said in first-quarter earnings calls.
April 23 -
A number of banks are asking shareholders to convert preferred shares to common stock to lift tangible common equity ratios.
April 23 -
You've heard the philosophical question: If a tree falls in the woods and no one is there to hear it, does it make a sound?
April 23




