Community banking
Community banking
- Illinois
Amcore Financial Inc.'s loan losses have been mounting for several quarters, so investors and analysts had been expecting first-quarter earnings to be so-so at best.
April 18 - Maryland
First Mariner Bancorp in Baltimore said Wednesday that it lost $3.3 million, or 52 cents a share, in the first quarter as a result of continued chargeoffs in its alternative-A mortgage loan portfolio.
April 17 - California
Shares of East West Bancorp Inc. fell sharply Wednesday after the Pasadena, Calif., company reported that its first-quarter profits fell 88% from a year earlier, to $5 million.
April 17 - Missouri
William A. Donius, Pulaski Financial Corp.'s chief executive and president, has been the face of the St. Louis thrift company for a decade and the architect of its expansion, but on May 1 he will step away from running its daily operations and, as he put it, get to work on his "bucket list."
April 17 -
- Missouri
Enterprise Financial Services Corp. of St. Louis said Tuesday that its first-quarter earnings rose 13% from a year earlier, to $3.6 million.
April 16 - Washington
Independence Federal Savings Bank in Washington announced Tuesday that a cease-and-desist order under which it had been operating since June 2006 has been terminated, though it is still subject to a memorandum of understanding until further notice.
April 16 -
Community banks have long been skittish about financing international trade deals, but Mike Selfridge, a California banker, says now may be a good time for them to get over their fears.
April 16 - Tennessee
Pinnacle Financial Partners Inc. of Nashville said its first-quarter earnings rose 8.3% from a year earlier, to $6.1 million, though earnings per share declined 23.5%, to 26 cents.
April 16 - California
The former chief executive of Vineyard National Bancorp in Corona, Calif., appears to be a step closer to his goal of winning control of its board.
April 16 -
It was in last year's third quarter that investment banks making markets in pooled trust-preferred securities pretty much shut off the spigot after investor demand dried up, leaving small banks with fewer options for raising capital.
April 15 - Delaware
First Bank of Delaware said Monday that federal regulators may impose an enforcement action designed to improve "certain of the bank's credit card and lending programs."
April 15 -
Before trust-preferred securities emerged as a popular fund-raising tool about a decade ago, small banking companies often raised capital by borrowing from their correspondent banks.
April 15 - Washington
ShoreBank Pacific wants to make Seattle, the Emerald City, even greener.
April 14 - Maryland
Provident Bankshares Corp. of Baltimore, aiming to shore up its capital position, said it would seek to raise $115 million through offerings of equity and subordinated debt.
April 14 - Texas
Farm Credit lenders and the banking industry have vastly different interpretations of a rule change that would give the Farm Credit System more authority to lend to processing firms, such as those that press apples into apple juice or turn corn into ethanol.
April 14 -
I have viewed with some trepidation the various "fixes" to the mortgage foreclosure crisis espoused by different states, the judiciary, and Congress.
April 11 - Wisconsin
Continuing its in-store branching strategy, Citizens Community Bancorp Inc. of Eau Claire, Wis., is buying three branches in Wal-Mart Supercenter stores from American National Bank of Beaver Dam, Wis.
April 11 - Tennessee
In the six years since H. McCall Wilson became the president and chief executive officer of Bank of Fayette County, his aggressive growth strategy has attracted some critics.
April 11



