Community banking
Community banking
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Sun Bancorp in Mount Laurel, N.J., has agreed to pay $25,000 to resolve issues connected to the companys former Sun Home Loans division.
January 25 -
Cape Cod Five Cents Savings Bank in Orleans, Mass., has agreed to buy a branch in Falmouth, Mass., from Mutual Bank.
January 25 - Hawaii
Bank of Hawaii in Honolulu said Monday that its fourth-quarter profit rose 3.98% to $42.8 million from a year earlier as loan growth offset lower fee income.
January 25 -
Ag lenders enjoyed solid credit metrics and an increase in farms loans in 2015. Those results could come under pressure this year, requiring bankers to become more vigilant in talking to their agricultural clients.
January 25 -
The $465 million-asset bank in Athens, Ga., has named Rhodes McLanahan CEO and president.
January 25 -
United Community Financial in Youngstown, Ohio, has agreed to buy James & Sons Insurance.
January 25 -
Opus Bank in Irvine, Calif., has agreed to buy Pensco Trust Co. in San Francisco from Pensco Services.
January 25 - Kentucky
Farmers Capital Bank in Frankfort, Ky., plans to extinguish $15 million of subordinated debt. The $1.8 billion-asset company expects to record a $4.1 million pretax gain during the first quarter from the transaction.
January 22 - Pennsylvania
Bryn Mawr Bank in Pennsylvania reported a quarterly loss after terminating its pension plan.
January 22 - Oklahoma
Randy Peterson, the chief executive of Bank of Eufaula in Oklahoma, was shot and killed on Thursday by a robber. He was 64.
January 22 -
The ouster of Cardinal Bankshares' chief executive helped set into motion events that led to the Floyd, Va., companys merger with another banking company.
January 22 -
The American Bankers Association has gone public with its issues with a plan to require banks to record loan-loss provisions when they originate a loan. Bankers are worried that the rule will eventually force smaller institutions to use costly modeling programs to comply.
January 22 -
Independent Bank Group in McKinney, Texas, has exited the Small Business Lending Fund program.
January 22 -
PacWest Bancorp in Los Angeles said its October acquisition of the tech-focused lender Square 1 helped its fourth-quarter profit rise 1.2% from a year earlier to $71.8 million.
January 22 - Arizona
Western Alliance Bancorp. in Phoenix reported higher fourth-quarter profit on higher commercial and construction lending and improved fee income.
January 22 -
A service that used to be a no-brainer for banks is now hampered by limited revenue and a hard-to-justify cost structure.
January 22 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.
January 22 - Louisiana
The collapse in oil prices hammered fourth-quarter profits at Hancock Holding as the Gulfport, Miss., sharply boosted its loan-loss provision address weakness in its energy loan book.
January 21 -
The Federal Deposit Insurance Corp. handed community bankers a critical win on Thursday by rescinding a plan to treat reciprocal deposits as brokered deposits in the calculation of small-institution assessments.
January 21 - Pennsylvania
F.N.B. in Pittsburgh said Thursday that its fourth-quarter profit fell 0.5% from a year earlier, to $37.1 million.
January 21





