Community banking
Community banking
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Mary Lynn Lenz will lose her job as CEO of Professional Business Bank after it merges with another California bank. In the bank M&A world, that's a compliment. More opportunities await turnaround artists like her in deals-rich California.
November 22 -
Big banks can win on price, but small banks say commercial lending is too attractive to give up on. Some community bankers are hunting for customers that bigger banks might discount and for loan officers displaced by M&A.
November 22 -
As Dodd-Frank regulations come into focus, critics say they're complex to the point of being unworkable. Here's a simple solution.
November 22 - Tennessee
WASHINGTON — A Tennessee bank owner must get prior Federal Reserve approval to pay dividends or increase debt.
November 22 - Illinois
First Midwest Bancorp Inc. in Itasca, Ill., has completed the sale of $115 million in senior notes and will use the proceeds to exit the Troubled Asset Relief Program.
November 22 - California
Two Los Angeles community banks largely owned by the same investment group are planning to merge - the latest in a string of deals between California banks.
November 22 -
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Bridge Bancorp Inc. in Bridgehampton, N.Y., said late Monday that it will raise up to $10 million by selling common stock.
November 21 -
Heightened regulation is forcing more bank buyers to overhaul their entire computer platform as regulators zero in on a greater need for compliance.
November 21 - Connecticut
Webster Financial Corp. in Waterbury, Conn., received court approval to settle longstanding litigation over a condominium project in Columbus, Ohio, that had previously resulted in an almost $19 million verdict.
November 21 -
In the last three months of 2010, banks, credit unions and other lenders made $12 billion of Small Business Administration-backed loans, the most in any quarter in the SBA's history and more than double the volume in any quarter over the last four years.
November 21 - California
First Northern Community Bancorp in Dixon, Calif., said Monday that it had exited the Troubled Asset Relief Program after repurchasing a stock warrant from the Treasury Department.
November 21 - New York
Shares of Anchor BanCorp Wisconsin Inc. have been removed from the Nasdaq exchange and are now trading over the counter.
November 21 -
Cathay General Bancorp in Los Angeles has added a former KPMG consultant to its board.
November 21 -
David Greiner has resigned as president and chief executive of Tri-Valley Bank in San Ramon, Calif., and has been replaced by the bank's chairman, Arnold Grisham.
November 21 -
WASHINGTON — Regulators closed a bank in Louisiana, and another in Iowa, late Friday to bring the year’s failure total to 90.
November 18 -
The Barclays unit in charge of U.S. bank deals has overcome adversity, from the Lehman Brothers collapse in 2008 to the defection of some important talent last year, and worked on some of the notable deals of the year.
November 18 -
Addressing the home mortgage meltdown, Congressman Scott Garrett recently introduced legislation that is, as American Banker put it, "designed to draw the private sector back to the secondary-mortgage market after the troubled GSEs are terminated."
November 18 -
Banks, the FDIC, and insurers are set to fight over whether the vague terms of director & officer liability insurance put insurers on the hook for FDIC claims against failed bank execs.
November 18



