Community banking
Community banking
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Sky Financial Group in Bowling Green, Ohio, is buying the $297 million-asset Belmont Bancorp of Bridgeport for $69.2 million.
December 23 - Washington
Sometimes two problems add up to one solution.
December 23 -
A private investor group that includes a former chief executive of Nara Bancorp in Los Angeles plans to buy the $100 million-asset Innovative Bancorp in Oakland.
December 23 -
BOK Financial Corp. in Tulsa said Tuesday that it is buying the $152 million-asset Valley Commerce Bancorp Ltd. of Phoenix for $32 million in cash.
December 22 -
Franklin Bank Corp. of Houston, which has bought four Texas banking companies since early last year, announced a deal for a fifth on Tuesday. Its $58.3 million cash and stock deal for the $215 million-asset First National Bank of Athens, Tex., is expected to close in the second quarter.
December 22 - Illinois
In a city with dozens of retail banks, including some of the nation’s largest, Austin Bank of Chicago has found that some of its toughest competition has come from payday lenders.
December 22 -
The meeting was important for the students, 10 finance majors working for their MBAs.
December 22 -
Peoples Community Bancorp Inc. of West Chester, Ohio, has agreed to buy American State Corp., of Lawrenceburg, Ind., for about $7.7 million.
December 21 -
Center Bancorp Inc. of Union, N.J., is buying a 5-year-old Morristown, N.J., community bank for $26.3 million in cash and stock.
December 21 - New York
As he was about to begin a recent interview, Howard P. Milstein, a co-chairman and the president and chief executive officer of Emigrant Bancorp in New York, took a phone call.
December 21 -
Complaints by a growing number of banks about nonbanks’ unauthorized use of their names and logos in marketing materials have more states enacting stiffer penalties for such crimes.
December 20 - Massachusetts
With its first bank acquisition deal in more than a decade, the $1.3 billion-asset Berkshire Hills Bancorp Inc. of Pittsfield, Mass., is heading for bigger things, its chief executive and president says.
December 20 - New Jersey
Now that the question of whether Hudson City Bancorp’s much-anticipated second-step conversion will take place has been answered, speculation has shifted to what the Paramus, N.J., company will do with all that money.
December 20 -
SCBT Financial Corp. of Columbia, S.C., announced Friday that it would buy the $94 million-asset New Commerce BanCorp of Greenville, S.C., for $20 million in cash.
December 20 -
Umpqua Holdings Corp. in Portland, Ore., has named Brian Timm, the chief financial officer of Columbia Sportswear Co., to its board of directors.
December 17 -
Banknorth Group Inc.'s largest shareholder, which had been hinting that it might vote against Toronto-Dominion Bank's offer to buy a 51% stake in Banknorth, is now throwing its support behind the offer.
December 17 -
Glacier Bancorp Inc. of Kalispell, Mont., has a deal to buy the $110 million-asset Citizens Community Bank in Pocatello, Idaho, for $17 million in cash and stock.
December 17 -
Boston Private Financial Holdings Inc. said Thursday that Robert J. Whelan had joined it as chief financial officer.
December 17 -



