The former chairman and chief executive at Citizens Republic Bancorp in Flint, Mich., has been elected lead independent director at Royal Bancshares of Pennsylvania.

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.

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.

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.

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.

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.

Community banks are slowly finding new ways to generate fee income after overdraft legislation put a big dent in their bottom lines.

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.

The Birmingham, Ala., investment bank has hired John Hamel from Roth Capital Partners and two associates to its group that advises on bank deals. Hamel will report to Robert Hutchinson, head of investment banking for depository institutions.

Mackinac Financial (MFNC) in Manistique, Mich., will raise up to $18 million through a common stock rights offering and a securities purchase agreement with an investor.

Green Bancorp in Houston is bulking up in the Dallas area with a deal to buy Opportunity Bancshares in Richardson, Texas.

Continuing its expansion in the suburbs of Washington, D.C., Eagle Bancorp (EGBN) in Bethesda, Md., has opened a pair of residential loan offices in Maryland and Virginia.

A need for more re-appraisals, combined with an exodus of appraisers following the financial crisis, are causing headaches for bankers. Those factors are costing banks more money and, in some cases, potential clients.

Tompkins Financial in Ithaca, N.Y., is planning to raise $30 million in a secondary stock offering and may use the proceeds to redeem securities issued to VIST Financial through the Treasury Department's Troubled Asset Relief Program.

The House on Tuesday gave final approval to a bill that will allow some small banks to raise additional capital without registering with the Securities and Exchange Commission.

The Federal Reserve Board has terminated a written agreement with the former Cadence Financial about a year after the Starkville, Miss., company was acquired.

It's time for our nation's leaders to get serious about job creation. Our economy is beginning to inch its way forward toward recovery, but the only way forward to real prosperity for all is through small businesses.

AmericanWest Bank in Spokane, Wash., is deepening its presence in California with plans to acquire Security Business Bank of San Diego.

If TAG is allowed to expire at yearend, it could spur community banks looking for extra liquidity to turn back to FHLB advances, which are at their lowest point in a decade.

Provident New York Bancorp (PBNY) in Montebello has added its fifth commercial banking team in the New York City market since January.