Community banking
Community banking
- Texas
Sagging prices for community bank and thrift stocks have prompted several thrifts to rethink plans for their public offerings.
August 15 - Kentucky
First Corbin Bancorp in Corbin, Ky., has beat out a rival banking company for the right to acquire Eagle Fidelity Inc. of Williamstown, Ky.
August 15 - New York
First Niagara Financial Group Inc. in Lockport, N.Y., is selling four of its branches in the central part of the state to Elmira Savings Bank for about $14.4 million.
August 14 - California
PFF Bancorp Inc. in Rancho Cucamonga, Calif., said Monday that it had revised its quarterly earnings downward after further increasing its provisions for losses on loans to residential developers.
August 14 - Virginia
A Fulton Financial Corp. subsidiary has settled its lawsuit against Monarch Financial Holdings Inc. in Chesapeake, Va., the companies said Monday.
August 14 - Indiana
Community banking companies in Indianapolis have found themselves in a land of regionals after a spate of acquisitions has taken out a rung of midsize competitors.
August 14 - North Carolina
First Charter Corp. of Charlotte said Monday that despite reports to the contrary, it is not a creditor of HomeBanc Corp., the Atlanta mortgage lender that filed for bankruptcy Thursday.
August 14 - Georgia
Falling bank valuations have torpedoed one deal in Georgia, and analysts say others could be in jeopardy.
August 13 - California
B of I Holding Inc. of San Diego said net income for its fiscal fourth quarter, which ended June 30, increased 7% from a year earlier, to $904,000.
August 13 - North Carolina
Two of the nation's oldest African-American-owned banking companies have agreed to join forces.
August 13 - New Jersey
Center Bancorp Inc. of Union, N.J., said Thursday that it was freezing its pension plan and redesigning its 401(k) plan to cut expenses.
August 10 - Texas
AUSTIN — Capitol Bancorp Ltd. of Lansing, Mich., has big hopes for Texas.
August 10 - Illinois
Investors are running out of patience with Royal Financial Inc. in Chicago.
August 10 - California
Beverly Hills Bancorp Inc. said Thursday that second-quarter net income fell 36% from a year earlier, to $2.1 million, because of increased funding costs and deteriorating credit quality.
August 10 - South Dakota
The Federal Reserve Board released a sweeping agreement Wednesday with a $720 million-asset Minneapolis holding company and its largest subsidiary to improve asset quality, loan administration, and other areas of concern.
August 9 -
- Georgia
BankAtlantic Bancorp announced Wednesday that it has hired Doug Freeman, the former chairman and chief executive officer of NetBank Inc. in Alpharetta, Ga., to be its chief corporate banking executive.
August 9 - California
After more than doubling its investment in a northern California banking company, a San Francisco private-equity firm is now hoping to repeat the performance in southern California.
August 9 - Washington
Crescent Capital VI LLC, a Bellevue, Wash., private-equity firm, has offered to acquire the outstanding shares of the $490 million-asset Cowlitz Bancorp. in Longview it does not already own for $15 each.
July 31





