Independent Bank Corp. in Rockland, Mass., reported that first-quarter earnings rose 21.3% from a year earlier, to $11.2 million, as credit costs waned and noninterest income rose.

Bank Mutual Corp. in Milwaukee returned to the black with first-quarter earnings of $1 million, after it reported a $76.4 million loss in the fourth quarter tied to a balance sheet restructuring.

Pacific Commerce Bank in Los Angeles said Friday that its chief executive has resigned to return to practicing law.

Webster Financial Corp. in Waterbury, Conn., on Friday reported a $33.5 million first-quarter profit, compared with a $6 million loss a year earlier, as credit costs subsided.

First BanCorp in San Juan, Puerto Rico, said late Thursday that the Treasury Department has given it more time to raise capital.

State Bancorp Inc. in Jericho, N.Y., reported first-quarter results that were modestly higher from a year earlier, at $3 million.

Prosperity Bancshares Inc. in Houston said Thursday that its first-quarter net earnings rose 9% from a year earlier, to $33.9 million, largely because of double-digit increases in loans and deposits.

Commerce Bancshares Inc. in Kansas City, Mo., reported a 37% increase in first-quarter earnings from a year earlier, to $60.5 million, because of a dramatic drop in credit costs.

Wintrust Financial Corp. in Lake Forest, Ill., has acquired certain assets and liabilities of River City Mortgage LLC, a mortgage bank in Bloomington, Minn.

A pair of banking companies said late Wednesday that they had left the Troubled Asset Relief Program.

State Bank Financial Corp. in Atlanta said late Wednesday that it received approval to start trading on the Nasdaq Capital Market.

I have observed that many banks do a generally poor job recovering from mistakes. People who have been victimized by banks are looking for three things in the wake of a mistake.

ENB Financial Corp. in Ephrata, Pa., reported that first-quarter earnings rose 15.6% from a year earlier, to $1.7 million, as the company lowered its funding cost while credit costs remained stable.

Columbia Banking System Inc. of Tacoma, Wash., said late Tuesday that its chief executive had joined the board of the American Bankers Association.

Cardinal Financial Corp. in Tysons Corner, Va., reported that its first-quarter profit rose 37% from a year earlier, to $5.2 million, as the company reported lower credit costs and higher income.

NBH Holdings Inc. of Boston said Tuesday that it had lured a top executive from UMB Financial Corp. in Kansas City, Mo.

Century Bancorp Inc. in Medford, Mass., reported on Tuesday that its first-quarter earnings rose 9% from a year earlier, to $3.7 million.

Premier Financial Bancorp in Huntington, W.Va., has consolidated five of its banks into one that it has branded Premier Bank.

Many of these young banks are treading water, at best, waiting for the elusive rebound while coping with higher compliance costs.

Success of the Office of Financial Research is critical to curbing TBTF, and if it flops, the next set of solutions may be much harsher than living wills and orderly liquidation authority.