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Community banking

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  • 20070827ix426zky-1-082807deals.jpg

    Suddenly, Texas is having a deal dry spell.

    August 28
  • South Carolina

    First National Bancshares Inc. of Spartanburg, S.C., announced plans Monday to buy the $226 million-asset Carolina National Corp. of Columbia, S.C., for $59 million in a deal that would create the ninth-largest banking company headquartered in the state.

    August 28
  • 20070824cc4hlp6m-1-082707dakota.jpg
    North Dakota

    BNCCorp Inc. was so successful selling insurance that the Bismarck, N.D., banking company had to make a choice.

    August 27
  • Michigan

    IBT Bancorp Inc. of Mount Pleasant, Mich., announced plans to acquire the $107 million-asset Greenville Community Bank for $34 million in stock.

    August 27
  • Mayflower Bancorp Inc. in Middleboro, Mass., said Friday that earnings for its fiscal first quarter, which ended July 31, fell 19% from a year earlier, to $242,000.

    August 27
  • Pennsylvania

    Dollar Bank in Pittsburgh said Stephen C. Hansen, its chairman and chief executive officer for more than two decades until his June retirement, died Tuesday at the age of 67.

    August 24
  • Georgia

    Savannah Bancorp Inc. in Georgia said Thursday that it has agreed to acquire the assets of Minis & Co. Inc., a Savannah investment advisory firm.

    August 24
  • Utah

    When MagnetBank opened two years ago, its founders chartered it as an industrial loan company, because that charter seemed to suit its unconventional business model of funding commercial loans entirely with wholesale deposits.

    August 24
  • Arizona

    First National Bank Holding Co. in Scottsdale, Ariz., said Tuesday that it would stop servicing mortgages it had bought from brokers nationwide, though it would continue to service wholesale mortgages made by brokers in its local markets.

    August 23
  • Georgia

    Integrity Bancshares Inc. of Alpharetta, Ga., has fired its chief executive officer eight weeks after announcing that troubled commercial real estate loans would take a $21 million bite out of its second-quarter earnings.

    August 23
  • New York

    Ridgewood Savings Bank is looking to become a more prominent player in the New York market with the dozen branches it gained by buying City and Suburban Financial Corp. in Yonkers last month.

    August 23
  • Texas

    Southside Bank in Tyler, Tex., is teaming up with a group of automobile financing specialists to form a portfolio-acquiring joint venture.

    August 23
  • Georgia

    Appalachian Bancshares Inc. in Ellijay, Ga., has received approval from the Federal Deposit Insurance Corp. to open a branch in Dalton that would target the growing Hispanic population in Whitfield and Murray counties.

    August 22
  • California

    Bank of Commerce Holdings in Redding, Calif., said it has put Michael C. Mayer, its president and chief executive officer, on administrative leave.

    August 22
  • Louisiana

    Among the issues Congress is to consider when it returns from summer recess next month is whether to let banks help the Small Business Administration make loans to homeowners and business owners hard hit by disasters.

    August 22
  • Wisconsin

    The mortgage meltdown has sullied the reputations of more than a few lenders, so banking companies are going on the offensive to preserve theirs.

    August 21
  • Kentucky

    Kentucky First Federal Bancorp Inc. in Hazard said that its profits for its last fiscal year, which ended June 30, fell 49% from a year earlier, to $810,000.

    August 20
  • Texas

    Comerica Inc. has dropped its plan to pursue a national bank charter as its planned move to Texas nears.

    August 20
  • Michigan

    Randall G. Fox, the vice chairman of Oxford Bank Corp. in Michigan, died Thursday at the age of 66, the company said.

    August 20