Community banking
Community banking
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Four months after its planned sale to Texas investment group fell through, The Bank Arlington near Dallas has found another buyer.
January 20 -
The agreements with rivals Community Bank System and Financial Institutions Inc. would complete First Niagara's planned divestitures in connection with its blockbuster deal for much of HSBC Bank's retail franchise.
January 20 -
Frivolously adding armor to combat planes makes the aircraft difficult to control and less effective. Weighting down banks with ill-conceived risk mitigation strategies and regulations serves the interests of neither individual banks nor the banking system as a whole.
January 20 -
Auburn National Bancorp in Alabama announced two moves that will largely offset each other during the first quarter.
January 19 - Florida
BankUnited Inc. once seemed intent to grow on its own. But now, after a brief flirtation with selling itself, the company's main job will be assuring key constituents that it's simply going to stick around.
January 19 -
A good-news/bad-news story is the best way to describe fourth quarter 2011 results. The numbers also hold clues to where the banking business is heading.
January 19 -
Did an anonymous open letter to BankUnited CEO John Kanas, emailed to all of the bank's employees, imploring him not to sell the bank really have an impact on the decision to abandon the sale?
January 19 - California
Westamerica Bancorp. in San Rafael, Calif., reported fourth-quarter earnings of $21.8 million, down 8% from a year earlier.
January 19 -
Gateway Bancshares Inc. in Ringgold, Ga., is selling itself to rival First Volunteer Corp. in Chattanooga, Tenn., and its chief executive said that the decision was driven largely by the need for scale.
January 19 -
Kelly King said he is willing to pass on deals, a day after its reported target, BankUnited, opted to remain independent.
January 19 -
Republic Bancorp Inc. in Louisville, Ky., reported on Thursday fourth-quarter results of $6.2 million, partially driven by loan growth and improved asset quality, and year-end earnings of $94.1 million, due to higher income from its Tax Refund Solutions.
January 19 -
Glacier Bancorp Inc. in Kalispell, Mont., is planning to collapse its 11 bank subsidiaries into a single commercial bank in a move aimed at streamlining its operations and lowering its overall compliance costs.
January 19 -
Wintrust Financial Corp. in Lake Forest, Ill., reported late Wednesday that its fourth-quarter earnings rose 35% from a year earlier, to $19.2 million, as credit costs subsided and the company benefited from an 11% jump in earning assets from a year earlier.
January 19 -
Higher fee income and lower costs tied to deposits and operations helped CVB Financial Corp. more than double its fourth-quarter profit from a year ago.
January 19 -
Buoyed by improved asset quality and a surge in commercial loan originations, Webster Financial Corp. in Waterbury, Conn., said Thursday that its fourth-quarter net income jumped 63% from the same period in 2010, to $39.6 million.
January 19 -
BankUnited issued a press release confirming rumors that it did in fact engage an investment bank to find a possible buyer for the company, but has opted to stay independent.
January 19 -
Complaint also seeks to bar Alan Levan, the company's chairman and CEO, from serving as an officer or director of any public company.
January 18 -
F.N.B. Corp. in Hermitage, Pa., said late Wednesday that Stephen J. Gurgovits is stepping down as its chief executive.
January 18 -
Cordia Bancorp Inc. has appointed David C. Bushnell as its chief risk officer, the company said Wednesday.
January 18 -
Cardinal Financial Corp.'s fourth-quarter earnings more than doubled from a year earlier, to $8.2 million, as its net interest income jumped 23%.
January 18



