Community banking
Community banking
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November 25 -
Citywide Banks of Colorado in Denver has raised $7 million from private-equity investors.
November 25 -
The $8.6 billion-asset company said in a press release Wednesday that James Scott will become chairman on Jan. 21.
November 25 - Virginia
Fauquier Bankshares in Warrenton, Va., is planning to record a $5.5 million impairment charge tied to a souring loan relationship.
November 25 -
TCF Financial in Wayzata, Minn., is making preparations for its next management team.
November 25 -
Mark Simmons, a seasoned commercial lender, is planning to open a bank in Californias Orange County that is dedicated to making loans to businesses. Core Commercial Bank, expected to be the states first de novo since 2008, would jump into a market where commercial lenders are plentiful and aggressive.
November 25 -
The $75 million-asset bank said in a press release Tuesday that Michael Clabby had become its acting president and chief executive, effective last Friday.
November 25 - Vermont
Merchants Bancshares in South Burlington, Vt., is set to have a new chief executive.
November 25 -
The Federal Deposit Insurance Corp.'s third-quarter industry update pointed to signs of banks expanding their risk profiles despite slow revenue growth.
November 24 -
Charles Cook will retire next year as chairman of Truxton Corp. in Nashville, Tenn.
November 24 -
Hanmi wants to make sure that, when the dust settles, it is part of the nation's biggest Korean-American bank. The move also shows how difficult it will be for ethnic banks to gain meaningful scale while sticking to their niche groups.
November 24 -
First Financial Northwest in Renton, Wash., has filed for permission to adopt a commercial bank charter.
November 24 -
Huron Valley State Bank in Milford, Mich., plans to raise as much as $5 million to grow its two-branch business.
November 24 -
The head of the Independent Community Bankers of America fires a legal warning at NCUA and says relations between the two industries has never been more strained.
November 24 -
BNH Financial in Laconia, N.H., has agreed to buy Community Guaranty in Plymouth, N.H.
November 24 -
Blue Ridge Bankshares in Luray, Va., has issued $10 million in subordinated debt and plans to exit the Small Business Lending Fund.
November 24 -
U.S. bank earnings increased 5% in the third quarter from a year earlier to $40.4 billion as a few large banks recorded lower litigation expenses, the Federal Deposit Insurance Corp. said Tuesday.
November 24 -
Bank of the James Financial Group in Lynchburg, Va., is planning to raise about $11.5 million through a private placement.
November 24 -
The rapid growth of competition from nonbanks has the potential to hit community banks harder than the mortgage meltdown.
November 24 -
MainSource Financial Group in Greensburg, Ind., has agreed to buy Cheviot Financial in Cincinnati.
November 24





