Community banking
Community banking
- West Virginia
Summit Financial Group Inc.'s $13.9 million deal for the troubled Greater Atlantic Financial Corp. in Reston, Va., is off for now, but perhaps not for good.
April 11 - West Virginia
Few banking companies are benefiting from investors' "flight to quality" as much as City Holding Co. in Charleston, W.Va.
April 10 - Texas
State Bancorp Inc. of Jericho, N.Y., announced Wednesday that it has agreed to sell its leasing subsidiary to Main Street Bank in Kingwood, Tex.
April 10 -
- Michigan
When consultant John Pattison was assigned the task of helping Northstar Financial Group Inc. identify Michigan banks to buy, his first call was to Capitol Bancorp Ltd.
April 10 -
Click here to view the top 150 community banks with the highest concentrations in first mortgages.
April 9 - Georgia
The pace of bank mergers and acquisitions has slowed considerably as the credit crisis has worsened, but even when deals are struck there is no guarantee they will get done.
April 9 - Oregon
Shares of Columbia Bancorp of The Dalles, Ore., fell nearly 12% Tuesday after the company said it would report first-quarter earnings significantly lower than expected, citing an increase in problem residential construction loans and continued margin compression.
April 9 - Pennsylvania
United Bank of Philadelphia must strengthen its management, board oversight, and loan policies under a cease-and-desist order that the Federal Deposit Insurance Corp. disclosed Tuesday.
April 9 - Ohio
Peoples Community Bank in West Chester, Ohio, said it must curtail lending under one of two recently issued cease-and-desist orders from the Office of Thrift Supervision.
April 8 - Texas
Federal regulators are eyeing Texas' new, one-of-a-kind system for reducing check fraud to see if institutions with national charters must comply.
April 8 - Indiana
Old National Bancorp in Evansville, Ind., announced Monday that it expects to take a $21 million loan-loss provision for the first quarter that it is attributing largely to deteriorating credit quality on loans in the Indianapolis region made by a single lender who is now the subject of an inquiry by the Federal Bureau of Investigation.
April 8 - Pennsylvania
Willow Financial Bancorp Inc. in Wayne, Pa., said Monday that it must restate earnings for its previous two fiscal years.
April 8 - Florida
CIB Marine Bancshares Inc. in Pewaukee, Wis., announced an agreement to sell the branches, deposits, and a portion of the loans of one of its subsidiary banks, the $125 million-asset Citrus Bank in Vero Beach, Fla., to 1st United Bancorp Inc. in Boca Raton, Fla.
April 8 -
Credit unions' opposition to a Treasury Department proposal to eliminate the National Credit Union Administration goes beyond their reluctance to share a regulator with banks and thrifts, their bitter rivals.
April 7 - Washington
Cascade Financial Corp.'s stock price fell 4% Friday, to $11.48 a share at the close of exchange trading after the Everett, Wash., company warned that its reported first-quarter earnings would be less than expected because of bad residential construction loans.
April 7 - Maryland
BCSB Bankcorp Inc.'s second attempt to go fully public is off to a slow start.
April 7 - Texas
Green Bank, a $266 million-asset, environmentally focused bank in Houston, has hired Geoffrey D. Greenwade as its president and chief executive officer.
April 7





