Community banking
Community banking
- Iowa
A home builder's demise has forced West Bancorp. Inc. in West Des Moines to add $5 million to its previously reported loan-loss provision and revise its first-quarter earnings.
May 7 - Texas
This year is shaping up to be a slow one for bank openings as organizing groups wait for the economy to rebound and regulators take more time than usual to approve charter applications.
May 7 - Tennessee
Tennessee Commerce Bancorp Inc. in Franklin said in a Tuesday Securities and Exchange Commission filing that it has fired its chief financial officer, George W. Fort, about two months after putting him on paid leave.
May 7 - Arkansas
Seven months after its deal to sell itself to a Little Rock banking company fell through, Union Bancshares Inc. in Benton, Ark., has found another buyer.
May 7 - Missouri
Empire Bank Buying in Southwest Mo.Empire Bank of Springfield, Mo., is expanding in southwest Missouri with a deal to buy Greene County Bank.
May 7 - Maryland
AmericasBank Corp. of Towson, Md., said Monday that it has dismissed Mark H. Anders as its president and chief executive officer and appointed A. Gary Rever as the acting CEO of the company and its AmericasBank.
May 6 -
- Delaware
WSFS Financial Corp. in Wilmington, Del., has bought a majority stake in a reverse mortgage company, 1st Reverse Financial Services LLC in Westmont, Ill.
May 6 - Texas
Franklin Bank Corp. in Houston gave a glimpse of what its 2007 earnings report might look like, and investors did not like what they saw.
May 5 - California
Vineyard National Bancorp's losses continue to pile up as a result of rapidly declining real estate values in California's Inland Empire.
May 5 - Colorado
FirstBank Holding Co., the largest locally owned banking company in Colorado, is privately held and relatively low-profile.
May 5 - Ohio
An accounting firm that questioned Peoples Community Bancorp's ability to survive as an independent company has resigned as the West Chester, Ohio, thrift company's accountant.
May 5 - Texas
AUSTIN — One bad quarter can sure set a bank's growth plan back, particularly if it's the only quarter the bank has to show for itself.
May 2 - California
PFF Bancorp Inc. in Rancho Cucamonga, Calif., said late Wednesday that it expects to record a loss of about $159 million for its fiscal fourth quarter, which ended March 31, in part because of an estimated $196 million provision for losses on residential construction loans.
May 2 -
Wintrust Financial Corp. in Lake Forest, Ill., has weathered the real estate downturn in part by specializing in the business of financing insurance premiums, and now it wants to free up capital for more traditional lending by securitizing premium-finance loans on its books.
May 2 - Illinois
First Clover Leaf Financial Corp. in Edwardsville, Ill., said Thursday that it plans to buy Partners Financial Holdings Inc. of Glen Carbon for $20.7 million in cash and stock.
May 2 -
There is a visual prompt that I often encourage branch managers to place behind their teller windows, new account desks, and drive-up windows. It is this: "Is your line worth waiting in?"
May 2 - California
FirstFed Financial Corp. in Santa Monica, Calif., said Wednesday that it had lost $69.8 million in the first quarter after taking a $150.3 million provision for losses on its option adjustable-rate mortgages.
May 1 -



