Community banking
Community banking
- Arkansas
Bank of the Ozarks in Little Rock, Ark., reported a rise in third-quarter profits as net interest income reached a record high and provisions for bad loans fell.
October 15 - Missouri
Commerce Bancshares in Kansas City, Mo., reported stable third-quarter earnings as margin compression offset loan growth.
October 15 -
PNC Financial Services Group in Pittsburgh reported higher third-quarter profit on an increase in fee income and loan growth.
October 15 -
KeyCorp in Cleveland reported lower third-quarter earnings as revenue slumped and its net interest margin fell.
October 15 - Indiana
Lake City Bank in Warsaw, Ind., is planning to add three Indianapolis branch locations in roughly the next 15 months.
October 14 -
MetaBank in Souix Falls, S.D., has agreed to buy the operations of AFS/IBEX Financial Services, an insurance premium finance company in Dallas.
October 14 -
A judge's ruling that Doral is owed $230 million by the territory's government may not immediately change its status as "significantly undercapitalized."
October 14 -
HSBC's Irene Dorner reflects on her 30-year banking career and offers this parting thought to her industry colleagues: "Do the right thing in all circumstances." She also calls for more emphasis on diversity in the banking industry and offers regulators some advice on achieving positive outcomes in her speech at the Most Powerful Women in Banking and Finance awards gala, where she accepted a Lifetime Achievement award.
October 14 -
C-suites will remain overwhelmingly male unless women in senior roles make it a priority to "lift up" their younger female colleagues, says Beth Mooney, the Most Powerful Woman in Banking. "The importance of mentoring, coaching and sponsorship cannot be overstated," she said.
October 14 -
Jane Fraser, the British-born head of Citigroup's consumer and commercial bank, shares a lesson she's learned from her 13-year-old son that has helped her adapt to her new role. She also talks about making a scary transition to a job overseeing U.S. mortgages and training yourself to overcome fear and take on "stretch assignments" at work. "You just have to be 'all in' mind, heart, guts, hours," says Fraser, the No. 1 Woman to Watch, in her speech at the Most Powerful Women in Banking and Finance awards gala.
October 14 -
State Bank Financial in Atlanta has lined up its next chief financial officer.
October 14 -
BB&T was not the first choice for Bank of Kentucky when it negotiating to sell itself. But when two preferred suitors failed to provide revised draft terms to Bank of Kentucky by an Aug. 11 deadline, it opened a window for BB&T.
October 14 - Pennsylvania
Metro Bancorp in Harrisburg, Pa., which has been under pressure from several investors, is taking steps to improve earnings and shareholder returns.
October 14 -
Before regulators require the country's largest banks to take on more burdensome regulations, they need to reconsider the parameters used to assess the threat of systemic risk.
October 14 - Florida
Sunshine Bancorp in Plant City, Fla., has hired a former executive at Susquehanna Bancshares in Lititz, Pa., as its chief executive.
October 14 -
County and Municipal Employees Credit Union in Edinburg, Texas, has been liquidated by the Texas Credit Union Department.
October 14 -
Wintrust Financial in Rosemont, Ill., has agreed to buy Delavan Bancshares in Wisconsin.
October 14 - Puerto Rico
Doral Financial in San Juan, Puerto Rico, has prevailed in its court battle with the territory's Treasury Department over a substantial tax refund.
October 10 - Wisconsin
Anchor Bancorp Wisconsin in Madison is planning to raise up to $8.3 million from an upcoming initial public offering.
October 10 - Pennsylvania
Malvern Bancorp in Paoli, Pa., has entered into a formal written agreement with the Office of the Comptroller of the Currency.
October 10





