James E. Young, the longtime president and chief executive of Citizens Trust Bank in Atlanta, died on Monday after a brief battle with cancer. He was 62.

Carlile Bancshares Inc. in Fort Worth announced late Monday that it is acquiring Northstar Financial Corp. in Denton, Texas, and its subsidiary, the $950 million-asset Northstar Bank.

People's United has agreed to pay $3.25 million to acquire Citizens Financial' 52 branches inside Stop & Shop supermarkets on Long Island and elsewhere in New York, plus four traditional branches.

Past reports on industry health showed limited, if any, loan growth, but that changed in the most recent Quarterly Banking Profile.

BankAtlantic Chairman Alan Levan indicated that a court decision to block the sale of the company's thrift unit to BB&T could essentially derail the deal.

IMGCAP(1)]

Prosperity's agreement to pay $529 million for American State Financial is one of the priciest deals since Comerica agreed to buy Sterling Bancshares more than a year ago, but the reaction to it is much more positive than it was to Comerica's deal.

Southcoast Financial Corp. in Mt. Pleasant, S.C., reported a fourth-quarter loss of $4.8 million, or nearly five times larger than what it lost a year earlier.

Over the past couple of years, the seemingly dull topic of time management has become one that senior managers are showing increased interest in discussing with their teams. I suspect this has as least something to do with the fact that we are asking smaller and smaller branch teams to accomplish more with less.

International Bancshares Corp. in Laredo, Texas, reported that its fourth-quarter earnings fell less than 1% from a year earlier, to $27 million, as both income and expenses declined.

An activist investor resigned from the board of First Financial Northwest after just five weeks when his demands for austerity measures were tabled. The investor, who is now planning a proxy fight, had asked that the company serve only hard candy at annual meetings, among other demands.

Flagstar Bancorp Inc. reported $29.1 million more in losses for the fourth quarter and full year after agreeing to pay up to $133 million to settle claims regarding loans insured by the Federal Housing Administration.

Extending the law that provides unlimited deposit insurance on non-interest bearing demand deposits would send a signal that just maybe the industry is not fully healthy and still needs support.

Prosperity Bancshares Inc. in Houston has struck another deal in Texas, announcing Monday that it would buy American State Financial Corp. in Lubbock for about $528 million in cash and stock.

The Dime Savings Bank of Williamsburgh announced that it intends to convert from a federally chartered thrift supervised by the OCC to a state-chartered thrift to be supervised by New York State Department of Financial Services.

An edgy anti-bank message can work well in social media marketing, but only if it also conveys a better alternative from the company behind it.

Revenue at M&T's big acquisition remains steady but profits are not as strong as some expected nine months later.

Nearly two years after receiving a $200 million infusion from a group led by WL Ross & Co. to execute a roll-up strategy in the Midwest, Talmer Bancorp has received a second serving of capital to help it bankroll further deals.

Two banks failed on Friday, with the Federal Deposit Insurance Corp. only finding a buyer for one of the fallen institutions.

Schaller Equity Partners discloses plans to nominate five directors, escalating a nearly yearlong battle with the small Floyd, Va., banking company.