Community banking
Community banking
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The Pennsylvania company is keen on buying a bank with $1 billion or more in assets to soundly cross a threshold that would bring with it more regulatory scrutiny.
April 24 - New Jersey
Provident Financial Services in Iselin, N.J., defended narrowly missing earnings expectations by calling its credit and pricing approaches "prudent" and disciplined.
April 24 - Montana
A Montana district court issued an order to uphold a verdict that First Interstate BancSystem in Billings, Mont., must pay $17 million in damages in a dispute with former customer.
April 24 -
As horrifying cyberattack scenarios grow more plausible, an American Bankers Association simulation of a hypothetical breach at a $10 billion-asset bank is designed to guide institutions through a set of crisis response steps.
April 24 - Florida
BankUnited in Miami Lakes, Fla., reported lower quarterly profit as its noninterest expenses rose.
April 24 -
Low interest rates may be pressuring margins, but they provided a lift to community banks that sell mortgage originations. Bankers are now debating how long the current refi boom will last.
April 24 - Texas
Prosperity Bancshares in Houston hit analysts' earnings forecasts despite a linked-quarter decline in loans and profit.
April 24 - Mississippi
Hancock Holding in Gulfport, Miss., reported lower profit as low oil prices stymied loan growth in the energy sector.
April 23 -
City National Bank in Los Angeles said Thursday that its first-quarter profit climbed 14% from the same period last year, fueled by a surge in real estate construction and commercial lending.
April 23 - Washington
Columbia Banking System in Tacoma, Wash., tapped organic growth and its purchase of Intermountain Community Bancorp to post higher quarterly profit.
April 23 -
Heritage Commerce in San Jose, Calif., has agreed to buy Focus Business Bank. The $1.7 billion-asset Heritage Commerce will pay about $55 million for the $391 million-asset Focus, which is also based in San Jose.
April 23 - New York
Astoria Financial in Lake Success, N.Y., topped Wall Street expectations despite a drop in revenue. The $15.5 billion-asset company reported a 39% decrease in net income from a year earlier, to $19.3 million.
April 23 - Missouri
The company will consider annual elections for all directors after investors passed a non-binding resolution urging for a change.
April 23 -
Banking regulators will never conclude that regulation is actually hurting community banks until they study the issue and come to that conclusion on their own.
April 23 - Virginia
At first glance Cardinal Financial in McLean, Va., blew away earnings expectations, rising 220% in the first quarter from the same time last year.
April 23 -
Texas Capital Bancshares in Dallas reported a higher first-quarter profit on an increase in total loans and heightened demand for refinancing home loans.
April 22 -
Strong organic loan growth and a recent acquisition of a small Virginia bank combined to power Eagle Bancorp to another record profit in the first quarter.
April 22 - Kentucky
Stock Yards Bancorp in Louisville, Ky., reported much better-than-expected earnings in the first quarter one the strength of higher mortgage revenue and net interest income.
April 22 -
The banking company is the latest to flirt with a threshold that promises added regulatory burden. But a pause from more acquisitions should also give management a chance to brush up on deal integration before making an even larger acquisition.
April 22 -
First Midwest Bank in Itasca, Ill., increased profits in the first quarter thanks to higher lending income, but fell short of heightened expectations set after two major acquisitions last year.
April 22



