Community banking
Community banking
- Ohio
Camco Financial Corp. in Cambridge, Ohio, has revised its fourth-quarter results, saying it lost $2.3 million more than it previously reported.
March 11 - Michigan
The Office of Thrift Supervision has ordered Home Federal Savings Bank in Detroit to sell itself.
March 10 -
With the banking industry wounded from the financial crisis, credit unions are hoping lawmakers will finally pass a bill allowing them to expand their business lending.
March 10 - California
CommerceWest Bank in Irvine, Calif., announced Friday that it has agreed to acquire Discovery Bancorp in San Marcos, Calif., in an all-stock transaction.
March 9 - North Carolina
A North Carolina banking deal is in danger of being undone, quite unusually, from the inside out.
March 9 - Illinois
Amcore Financial Inc. in Rockford, Ill., has bought itself some time to raise capital by deferring the interest payments on its trust-preferred securities.
March 6 -
Recent conversations with bankers about budgetary "belt tightening" have given me flashbacks to my first job in banking.
March 6 - Massachusetts
Paul A. Perrault is set to become the chief executive officer of Brookline Bancorp Inc. in Massachusetts this spring.
March 6 -
- Washington
A few years ago, Rainier Pacific Financial Group Inc. had money it needed to put to work, so, like many of its peers, the Tacoma company turned to pools of other banks' trust-preferred securities.
March 5 - Illinois
Mercantile Bancorp Inc. of Quincy, Ill., said Wednesday that it swung to a fourth-quarter loss of $6.7 million, or 77 cents a share, on loan problems in once-hot real estate markets in the Southeast.
March 5 - California
Beverly Hills Bancorp Inc. in Calabasas, Calif., said Tuesday that it has a deal to replenish its capital.
March 4 -
Spotting opportunity where bankers do not, acquisitive outsiders are moving in on targets in the financial services industry.
March 4 - Indiana
Integra Bank Corp. may get a second shot at taking over Peoples Community Bancorp Inc.
March 3 - Washington
Though it qualifies as well capitalized under the typical standards, Horizon Bank in Bellingham, Wash., is now under a regulatory order to fatten its capital levels.
March 3 - Michigan
First Federal of Northern Michigan Bancorp Inc. in Alpena announced Friday that it is selling its insurance subsidiary as it refocuses its attention on community banking.
March 2 -
Bankers are increasingly asking themselves whether taking government funds is a good deal — and coming up with more reasons not to.
March 2



