Community banking
Community banking
- New York
Carver Bancorp Inc. in New York is trying to raise its capital levels after receiving a cease-and-desist order from its regulator.
February 10 - Arizona
State Bank Corp. of Lake Havasu City, Ariz., cited credit costs and issues with deferred tax assets in posting a fourth-quarter loss of $2.9 million.
February 10 - Ohio
Peoples Bancorp Inc. of Marietta, Ohio, and Albina Community Bancorp in Portland, Ore., said their chief executives are leaving.
February 10 - Colorado
The Federal Reserve Board said it has reached a written agreement with BankVest Inc. of Castle Rock, Colo.
February 10 -
Some banking companies are chasing transformative acquisitions, but Wintrust Financial Corp. is perfectly comfortable growing block by block.
February 10 - Illinois
The Treasury Department expects to realize $25.6 million from its sale of warrants for common stock in Wintrust Financial Corp.
February 10 - Connecticut
The $17.8 billion-asset company said Monday that it had reached a marketing agreement with Boston Celtics star Ray Allen, who also played at the University of Connecticut. Webster has a similar marketing deal with Jim Calhoun, who coached Allen in college.
February 9 - Washington
After saving his Washington bank from failure through an ingenious bankruptcy strategy, Patrick Rusnak has been scooped up by an in-city competitor.
February 9 - California
Pacific Capital Bancorp in Santa Barbara, Calif., earned $20.8 million in the fourth quarter in its first full quarter after a $500 million capital infusion.
February 9 - Indiana
Earnings at Community Bank Shares of Indiana Inc. increased 35.8% in the fourth quarter from a year earlier, to $1.4 million.
February 9 -
Like their federal counterparts, the state commissioners are committed to ensuring banks operate prudently and customers are protected from abuses.
February 9 - New York
Bridge Bancorp in Bridgehampton, N.Y., said Tuesday that it has agreed to buy Hamptons State Bank of Southampton, N.Y., for $6.3 million.
February 8 -
- Mississippi
Renasant Corp. took a gamble six months ago, promising investors it would buy a failed bank with their money or they would get it back. The $4.3 billion-asset company in Tupelo, Miss., has surpassed that expectation.
February 8 - Wisconsin
Anchor BanCorp Wisconsin Inc. in Madison said it had managed to keep its thrift adequately capitalized at yearend. The $3.6 billion-asset company reported a $14 million fiscal third-quarter loss late Monday, narrowing its loss by 4% in the period that ended Dec. 31, from a year earlier.
February 8 - New Jersey
Shares of Clifton Savings Bancorp Inc. in New Jersey tumbled a day after it said its regulator would not approve its second-step conversion.
February 8 -
Many bank chief executives are nearing retirement, and a big test will be finding their successors.
February 7 - Georgia
Heritage Financial Group Inc. in Albany, Ga., said Monday that it swung to a $922,000 profit in the fourth quarter from a $1.7 million loss a year earlier.
February 7 - Michigan
Though credit costs are subsiding at Dearborn Bancorp Inc. in Michigan, its bank has been undercapitalized for six straight quarters.
February 7 - Texas
Texas Gulf Bank in Houston continued a management overhaul Sunday by rearranging several positions and naming Robert Greer as its chairman.
February 7



