Community banking
Community banking
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First Horizon National in Memphis, Tenn., swung to a first-quarter loss after it paid $212.5 million to settle an investigation into its pre-crisis mortgage dealings.
April 17 -
Home Bancshares in Conway, Ark., has bids out to buy three banks that, if successful, would add $2 billion in assets.
April 17 - Connecticut
People's United Financial in Bridgeport, Conn., reported higher first-quarter profit on higher lending fees and gains on the sale of loans.
April 16 -
Sandy Spring Bancorp, in Olney, Md., reported an increase in quarterly profit because of an increase in mortgage revenue.
April 16 -
Hampton Roads Bankshares in Virginia Beach, Va., plans to merge its banks and change its name to Shore Financial.
April 16 -
Webster Financial in Waterbury, Conn., reported lower first-quarter profit as costs from adding personnel and an acquisition weighed on results.
April 16 - Illinois
Wintrust Financial in Rosemont, Ill., reported first-quarter earnings of $39.1 million, up 13% from a year earlier, as loans increased and mortgage revenue rose.
April 16 -
Home BancShares in Conway, Ark., reported higher first-quarter profit and assets after it acquired branches and loans from the failed Doral Bank in Puerto Rico.
April 16 -
PacWest Bancorp reported higher quarterly profit, as loan growth and lower expenses offset credit issues in the Los Angeles company's energy portfolio.
April 16 -
First Dakota National Bank in Yankton, S.D., has agreed to buy a branch from HF Financial in Sioux Falls, S.D.
April 16 -
Heartland Financial in Dubuque, Iowa, has agreed to buy Community Bancorp. of New Mexico in Santa Fe.
April 16 -
Some industry observers argue that bank consolidation is driven by economies of scale rather than by the regulatory burdens imposed under Dodd-Frank. But the two factors actually go hand in hand.
April 16 -
Hamilton Bancorp in Towson, Md., has agreed to buy Fairmount Bancorp in Baltimore.
April 16 -
Umpqua Holdings in Portland, Ore., posted lower profit from a quarter earlier, largely reflecting a decline in net interest income.
April 15 -
Security California Bancorp in Riverside, Calif., has agreed to buy a branch from Rabobank.
April 15 - Illinois
IF Bancorp in Watseka, Ill., has selected the successor for its retiring president and chief executive.
April 15 - California
Westamerica Bancorp. is delaying its plan to shutter a small branch in Upper Lake, Calif., to give community leaders more time to convince another bank or credit union to set up shop there.
April 15 -
Bank of the Ozarks could raise more capital, especially if a rising number of unfunded loans convert to funded credits. Management is also keeping an eye on credit quality, raising certain standards and selling some syndicated loans.
April 15 - California
Westamerica Bancorp.'s profits fell again in the first quarter as a result of management's decision to shrink its loan portfolio and load up on lower-yielding investment securities
April 15 -
Boston Private Financial Holdings and its bank have shuffled some key executive posts.
April 15


