Large banks have been relatively inactive in the market for targets with less than $2 billion of assets, once a staple.

Summit State Bank (SSBI) in Santa Rosa, Calif., has added Brad Baker to its board.

Nearly a year after legislation let more banks stop filing with the SEC, management teams continue to evaluate lower costs against having to move to lesser-known stock exchanges.

Louisiana Bancorp (LABC) in Metairie has wound up one stock buyback program and is beginning another.

Susquehanna Bancshares (SUSQ) in Lititz, Pa., has settled a lawsuit with customers who challenged the $18 billion-asset company's overdraft fees.

Wells Fargo (WFC) said faulty mortgages could cost the company as much as $2.4 billion beyond its reserves, an increase of $300 million from a year earlier. The bank also trimmed its estimate of possible legal costs.

Khanh Vuong has been named senior vice president and chief risk and investment officer for the company, which owns the $2.9 billion-asset Kearny Federal Savings Bank.

The fact that the bulk of the relief from the national mortgage servicing settlement is going to short sales is a huge victory for the economy, consumer advocates' howls notwithstanding.

Smaller financial institutions should lend outside of a new ultra-safe class of mortgages created by the Consumer Financial Protection Bureau, according to Richard Cordray, the agency's director.

First PacTrust Bancorp in Irvine, Calif., unveiled a management team for the residential warehouse lending division it is set to launch next month.

Patriot National Bancorp in Stamford, Conn., has appointed one of its director to become its chief executive.

Directors can stay ahead of the curve by visiting the "factory floor," aligning compensation with compliance and requiring explanations when business management fails to self-identify issues.

HARRISBURG, Penn. – Pennsylvania State Employees CU, which is building a huge new headquarters, has put its current offices on the market for $9 million.

American Banker has won three Society of American Business Editors and Writers 2012 Best in Business awards, in the categories of Commentary, Investigative and Explanatory journalism.

JPMorgan Chase on Tuesday convened its top executives to discuss its growth strategies. Expansion will be hard as it cuts 17,000 jobs over two years, wrestles with new regulations and rethinks branching.

Comptroller of the Currency Thomas Curry attempted to dispute the notion that large banks are "too big to jail," telling a group of state attorneys general that his agency can take legal action and level "severe penalties" against an institution.

Bond Street announced Tuesday it would acquire Atlantic Coast Financial for roughly $13 million in cash, but 40% of the consideration is being set aside to handle any potential shareholder suits.

First Financial Northwest (FFNW) in Renton, Wash., has extended a deadline for obtaining regulatory approval for a dissident investor's board nominee.

Oriental Financial Group (OFG) in San Juan, Puerto Rico, hopes a new name will reflect a recent expansion.

A recent court decision held that banks were entitled to the overdraft fees they collected over the years – essentially undermining the insurance companies’ main argument against coverage.