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.

Complaint also seeks to bar Alan Levan, the company's chairman and CEO, from serving as an officer or director of any public company.

F.N.B. Corp. in Hermitage, Pa., said late Wednesday that Stephen J. Gurgovits is stepping down as its chief executive.

Cordia Bancorp Inc. has appointed David C. Bushnell as its chief risk officer, the company said Wednesday.

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%.

If you run a bank in New York City, be advised that Jack Kopnisky is aiming to steal away some of your best lending officers now that his bank has an agreement to buy one of your local rivals.

In contrast to its more ambitious plan to expand in Florida through acquisitions, BB&T Corp. is taking a measured approach to growth in Texas.

A group of state associations, led by Utah, has developed an electronic, anonymous survey bankers complete after each exam. The survey is already helping the industry pinpoint points of agreement and discord between banks and their examiners.

PNC CEO James Rohr said more deals are possible after it completes the acquisition of RBC USA, but he vowed to be "very judicious" and said PNC could open new branches where needed.

Regulatory hurdles and reduced earnings forecasts may sour PE's view of bank investment.

PacWest Bancorp in Los Angeles reported higher quarterly earnings Wednesday after recouping more covered losses from its failed-bank acquisitions.

Malvern Federal Bancorp Inc.'s stock price soared to its highest level since mid-summer Wednesday after the Paoli, Pa., company announced that it is converting from a mutual holding company to a 100% stock-owned company.

Western Liberty Bancorp in Las Vegas has established a new nonbank subsidiary to house problem assets of its bank subsidiary in a move it says will help it more quickly dispose of the troubled loans and improve its overall efficiency.

Provident New York Bancorp in Montebello said Wednesday that it has agreed to acquire Gotham Bank of New York for roughly $40.5 million in cash.

Select Bank & Trust Co. in Greenville, N.C., said Tuesday that it has completed its acquisition of Gibsonville Community Bank from Bank of Atlanta.

Pulaski Financial Corp. in St. Louis said Tuesday that profits in its fiscal-year first quarter fell 3% from a year earlier, to $3 million, due to a slowdown in mortgage activity.

Landmark Bancorp Inc. in Manhattan, Kan., is buying Wellsville Bancshares Inc. in what would be its first bank acquisition in more than six years.

Weakened growth prospects and more regulatory hoops could prompt private equity firms to unload bank holdings.

BancorpSouth Inc. in Tupelo, Miss., on Tuesday reported better-than-expected earnings for the fourth quarter and hopes to parlay the good news into a successful capital-raising effort.

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