Community banking
Community banking
- Missouri
UMB Financial in Kansas City, Mo., reported lower third-quarter profit, due to weaker revenue from its Scout Funds arm and merger costs.
October 28 -
CenterState Banks in Davenport, Fla., has agreed to buy Hometown of Homestead Banking Co. in Homestead, Fla.
October 27 - Georgia
United Community Banks in Blairsville, Ga., reported higher quarterly earnings despite costs tied to its purchase of Palmetto Bancshares in South Carolina.
October 27 -
First Capital was on Jim Cherry short list of recapitalization targets before the ex-Wachovia executive raised more than $150 million to rebuild Park Sterling in Charlotte. Park Sterling eventually agreed to buy First Capital earlier this month.
October 27 -
Flagstar Bancorp in Troy, Mich., reported a third-quarter profit, as it originated more residential mortgages and recorded higher fee income.
October 27 -
A move by the National Labor Relations Board could force more legal liability on franchisors for actions taken by their franchisees. Some observers believe banks could become more reluctant lending to smaller franchisors until the issue has more clarity.
October 27 - Indiana
Old National Bancorp in Evansville, Ind., reported improved third-quarter profit on growth in fees and consumer and commercial real estate lending.
October 27 -
Customers Bancorp in Wyomissing, Pa., is building an online borrowing experience for its small-business clients.
October 27 -
First Northern Community Bancorp in Dixon, Calif., has exited the Small Business Lending Fund.
October 27 -
Northrim BanCorp in Anchorage, Alaska, will give its chief executive the additional title of chairman, as its current chairman to plans to retire at year end.
October 27 -
A large investor in 1st Century Bancshares is upset that the Los Angeles company is looking to raise new capital.
October 27 - Maryland
First Horizon National Corp. in Memphis expects to be fined up to $11.5 million by federal arbitration panel, in a dispute over its sale of preferred-term securities to First United Corp. in Oakland, Md.
October 27 -
Banks should be prepared for the potential that an investor with a growing stake does not have the institutions interests at heart.
October 27 -
Alerus Financial in Grand Forks, N.D., has agreed to buy Alliance Benefit Group North Central States, a retirement plan administrator in Minnesota.
October 26 -
The $3.5 billion-asset Fidelity Southern said in a press release Monday that it will pay $27 million in stock for the $205 million-asset American Enterprise. The deal is expected to close in the first quarter.
October 26 -
German American Bancorp in Jasper, Ind., has agreed to buy River Valley Bancorp in Madison, Ind.
October 26 -
The Federal Deposit Insurance Corp. recently held meetings with state regulators in which agency officials emphasized that they are open to new applicants, responding to criticism that the standards for granting deposit insurance have been too high.
October 26 - Hawaii
Bank of Hawaii in Honolulu reported lower third-quarter earnings on a charge from the disposal of aircraft leases.
October 26 -
CIC Bancshares sale to Heartland Financial reflect a good cultural fit between the companies, but it also shows how the sellers management team struggled to find a suitable way to provide shareholders with liquidity.
October 26 -
HomeTrust Bancshares in Asheville, N.C., has agreed to pay an additional $484,000 to complete its July 2013 acquisition of BankGreenville Financial.
October 26



