Regulators on Friday closed The National Republic Bank of Chicago, the 16th institution to fail this year.

The company's $800 million goodwill impairment charge may reflect macroeconomic factors, but also likely resulted from a purchase of HSBC branches two years ago. Other banks are unlikely to face the exact same issues, observers said.

PlainsCapital Bank in Dallas said on Friday that it plans to close 11 branches in the Rio Grande Valley.

A Minnesota community bank has made an offer to buy American Bank of St. Paul in what would be the first time a bank was forced into a sale over unpaid trust-preferred debt.

John Allison, the former chief executive of BB&T, has written another book, this time offering his free-market prescription for producing better leaders in America.

TCF Financial in Wayzata, Minn., reported higher third-quarter earnings, due to strong performance in the bank's auto lending portfolio.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

The mid-term elections next month are on track to be one of the most expensive contests to date, and the financial services industry remains a top political donor.

The $2.4 billion-asset company's earnings tripled from a year earlier, to $2.5 million in the third quarter. Earnings were up 14.4% from the second quarter.

Tompkins Financial in Ithaca, N.Y., reported slightly lower quarterly earnings due to higher costs and lower fee-based revenue.

Save State Street Corp. (STT), the third-largest custody bank, reported third-quarter earnings that beat analysts' estimates as fees for managing and overseeing client assets increased.

Enterprise Financial Services in St. Louis reported lower quarterly earnings on a narrower net interest margin.

First Waterloo Bancshares in Waterloo, Ill., has agreed to buy Prairie Financial Bancorp in Stewardson, Ill.

Square 1 Financial in Durham, N.C., followed a simple formula in the third quarter: loan growth equals higher profits.

Sierra Bancorp in Porterville, Calif., has tapped an insider to succeed its retiring chief executive.

FCB Financial Holdings, in Weston, Florida, reported a $3.4 million loss in the third quarter that relected costs tied to its initial public offering.

Earnings at National Penn Bancshares in Allentown, Pa., rose slightly in the third quarter as the company expanded its loan portfolio and and lowered expenses.

Hancock Holding in Gulfport, Miss., reported a sharp rise in third-quarter profit, reflecting efforts to cut costs.

First Niagara Financial Group in Buffalo, N.Y., reported a massive quarterly loss that had a number of large writedowns.

City National in Los Angeles reported higher third-quarter earnings, due to a sharp rise in trust and brokerage revenue.