Community banking
Community banking
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Three weeks after completing an acquisition for one small Pennsylvania bank, S&T Bancorp in Indiana, Pa., has struck a deal for another.
March 30 -
The Treasury Department is looking to fully vacate its role as a common shareholder of Central Pacific Financial in Honolulu.
March 30 -
More than 20 banks in the state are still in the Treasury Department's program with limited options to get out. Selling could be the best solution, industry observers say.
March 29 - California
Wilshire Bancorp in Los Angeles has exited the Troubled Asset Relief Program by repurchasing the bulk of its shares it issued to the Treasury Department at a slight discount.
March 29 - Florida
A small Florida bank whose shares are so thinly traded that they are in danger of being delisted is suddenly one of the hottest stocks on the Nasdaq — and its president has no idea why.
March 29 -
The profile of a typical bank failure has taken on a new shape in 2012, with the combustion of construction loan portfolios giving way business loan blowups.
March 29 -
Bankers should take these red flags into account when assessing corporate credit and vendor risk. No. 1 on the list: when a company's chairman and CEO are the same individual.
March 29 -
The Treasury Department this week appointed directors to join a pair of banking companies that have missed multiple dividend payments tied to the Troubled Asset Relief Program: Intervest Bancshares and First Security Group.
March 29 -
StellarOne (STEL) in Charlottesville, Va., has started searching for a new president and chief executive after O.R. Barham Jr. notified its board that he would retire at the end of 2013.
March 29 -
Capitol Bancorp's losses narrowed in 2011, but the Lansing, Mich., company remains deeply troubled as its equity deficit continues to widen.
March 29 -
The American Bankers Association is opposed to legislation that would expand a credit union's ability to make small business loans. Last week, ABA members went to Washington and gave lawmakers an earful.
March 29 -
Scores of banks remain in the Treasury Department's Troubled Asset Relief Program more than three years after its inception, and nine states account for more than half of all remaining Tarp participants. Here is a breakdown of those states, with numbers as of Feb. 29.
March 29 - Pennsylvania
The former chairman and chief executive at Citizens Republic Bancorp in Flint, Mich., has been elected lead independent director at Royal Bancshares of Pennsylvania.
March 29 -
The Treasury Department on Thursday announced that it lost about $50 million in the public offering of its preferred stock in six smaller banks this week, though the department netted a modest profit when counting dividends and interest paid on the investments over the past three years.
March 29 -
Regions Financial has finished unveiling a suite of alternative financial services, including check-cashing, money transfer and expedited bill pay services, along with a prepaid card.
March 29 -
Gerard Cassidy, of RBC Capital Markets, on why PNC's acquisition of National City is hard to beat in the annals of bank M&A.
March 28 - Washington
Sound Financial in Seattle turned a smaller profit in 2011 than it first reported after its auditors advised it to set aside additional funds for potential loan losses.
March 28 -
Participants in a recent American Banker roundtable say whether they would they pick a a community bank, a regional bank or a megabank if given a choice — and explain why.
March 28 -
Community banks are slowly finding new ways to generate fee income after overdraft legislation put a big dent in their bottom lines.
March 28 -
Coming off two straight profitable quarters and flush with capital from its recent public stock offering, HomeStreet Bank (HMST) in Seattle is back in the good graces of its regulators.
March 28







