Community banking

Community banking

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  • Florida

    Bank of Florida Corp. in Naples posted its third consecutive quarterly loss Tuesday on another spike in nonperforming loans and chargeoffs.

    April 29
  • 20090428mr7yg7wp-1-042909amcore.jpg
    Illinois

    As president and chief operating officer of Amcore Financial Inc., Donald H. Wilson spent more than a year trying to fix its loan troubles, all in vain.

    April 29
  • California

    In reporting a $5.2 million first-quarter loss it attributed to continuing credit trouble, Hanmi Financial Corp. of Los Angeles said Tuesday it has gone after deposits more aggressively than loans.

    April 29
  • California

    In reporting a $5.2 million first-quarter loss it attributed to continuing credit trouble, Hanmi Financial Corp. of Los Angeles said Tuesday that it has been going after deposits more aggressively than loans.

    April 29
  • Ohio

    United Bancshares Inc. of Columbus Grove, Ohio, said Monday that it is seeking to withdraw its application to participate in the Treasury Department's Capital Purchase Program.

    April 28
  • California

    NorCal Community Bancorp in Alameda, Calif., said it must restate its 2008 results after a regulatory exam and that it expects to swing to a loss because of an increase in impaired assets.

    April 28
  • Illinois

    After five consecutive quarters of losses, PrivateBancorp Inc. of Chicago might have expected a more positive reaction to its surprising $4.8 million profit for the first quarter.

    April 28
  • 20090424aob012sx-1-042709miss.jpg
    Mississippi

    Many bankers have complained that valuing real estate has become more of a guessing game these days, but few have gone so far as Hugh Potts Jr., the chairman and chief executive officer of First M&F Corp. in Kosciusko, Miss.

    April 27
  • Washington

    Sterling Financial Corp. in Spokane had good news and bad news about its first-quarter loss of $24.8 million.

    April 27
  • Michigan

    Still struggling with rising loan losses, Capitol Bancorp Ltd. is now looking to sell some of its 53 banks.

    April 27
  • Texas

    Though many community banking companies are expanding in mortgages, the start-up First Texas BHC Inc. is going further than most by offering second liens on million-dollar homes.

    April 24
  • Louisiana

    Whitney Holding Corp. in New Orleans swung to a net loss of $11.1 million, or 22 cents a share, in the first quarter as credit costs continued to escalate.

    April 24
  • Teens and young adults face stark economic realities. Job prospects are limited. In today's tighter credit environment, getting a credit card, buying a car and saving for the down payment on a first home will likely require patience. Achieving financial independence will take longer.

    April 24
  • Georgia

    Loan quality continued to deteriorate at United Community Banks Inc. in Blairsville, Ga., contributing to its third consecutive quarterly loss and a decision to cut its staff by 9%, or 191 people.

    April 24
  • Washington

    Nonperforming assets shot up dramatically at Frontier Financial Corp. in Everett, Wash., resulting in a first-quarter loss of $33.8 million, or 72 cents per share.

    April 24
  • Illinois

    Strategic Capital Bancorp Inc. in Champaign, Ill., has until June to come up with a plan to replenish capital, under its most recent regulatory order.

    April 23
  • Pennsylvania

    Though loans and deposits grew, Susquehanna Bancshares Inc. in Lititz, Pa., said Wednesday that its first-quarter profit plummeted 93%, to $1.9 million, or 2 cents a share.

    April 23
  • Texas

    First-quarter earnings at Cullen/Frost Bankers Inc. in San Antonio slid 15% from a year earlier, to $45 million.

    April 23
  • Texas

    International Bancshares Corp. in Laredo, Texas, has proven that repurchasing common shares is not out of the question for recipients of government capital.

    April 23