Community banking
Community banking
- Ohio
Park National Corp. in Newark, Ohio, has tapped an insider to succeed John Kozak when he retires as chief financial officer next year.
March 5 - Connecticut
After suffering losses on real estate loans for three straight years, Patriot National Bancorp in Stamford, Conn., has now turned a profit in two consecutive quarters.
March 5 -
At least 17 states are considering bills to create some form of state-owned bank. Backers say such a bank would partner with community banks and strengthening lending. Opponents believe forming the bank would be costly and redundant with what banks already offer.
March 5 - Maryland
Eagle Bancorp of Bethesda, Md., has opened its fourth office in northern Virginia and is planning to establish a fifth later this year.
March 5 -
Deposit-rich U.S. banks will seek out more opportunities to lend to small businesses this year as they look to grow revenue, a new survey from a consulting firm predicts.
March 5 -
A two-year-old consent order between the banking unit of Macatawa Bank Corp. and regulators has been terminated after the Holland, Mich., company raised additional capital and reversed a string of money-losing quarters.
March 5 - Colorado
United Western Bancorp Inc. in Denver has filed for chapter 11 bankruptcy in a move that would allow the company more time to pursue its lawsuit against federal regulators for seizing its thrift in January 2011.
March 5 -
Pioneer Bank in Roswell, N.M., is expanding its reach in the Lone Star state with a deal to buy two branches in El Paso, Texas, from Washington Federal Inc. in Seattle.
March 5 -
Perhaps readying itself for further expansion, Iberiabank Corp. in Lafayette, La., has filed a shelf registration with the Securities and Exchange Commission that would allow it to quickly raise capital for use in pursuing deals.
March 5 -
A lot of bankers are chipper about their choppers, says Leo Hinkley, who along with other motorcycle enthusiasts at BankAtlantic participated in a special fundraiser in Fort Lauderdale this weekend.
March 5 -
Hancock Bank of Gulfport, Miss., was losing the fight against fraud in certain channels. Their odds improved after working with the vendor of their fraud system, ACI.
March 5 -
TCF Financial Corp. in Wayzata, Minn., said in a regulatory filing that it will buy about $805 million in deposits from a unit of insurer Prudential Financial Inc.
March 2 -
WASHINGTON — The failure of Global Commerce Bank in Doraville, Ga., late Friday was estimated to cost the Federal Deposit Insurance Corp. nearly $18 million.
March 2 - Illinois
First Midwest Bancorp Inc. in Itasca, Ill., has added a four-person team to its recently formed asset-based lending division.
March 2 - Florida
There are few clear home runs when it comes to acquisitions in Florida. Controversy with would-be sellers such as BankAtlantic and BankUnited only serve to highlight issues facing regional banks that want to bulk up in the state.
March 2 -
First Community Bancshares' $40.6 million deal for Peoples Bank of Virginia shows how deals can get done in the slow M&A market and that some can be very simple.
March 2 -
While community banks call on Congress to give the Transaction Account Guarantee more time, an array of - albeit costlier - alternatives for retaining customers and liquidity does exist.
March 2 -
The Federal Reserve Board on Friday issued guidance to community bank examiners on what they should consider when upgrading an institution's supervisory rating.
March 2 - California
Community West Bancshares Inc. in Goleta, Calif., is closing its four out-of state Small Business Administration lending offices as part of a broad restructuring plan aimed at reducing risk and improving the company's overall health.
March 2 -
After more than 25 years as national bank, Equity Bank in Andover, Kan., is switching to a state charter.
March 2





