U.S. Century Bank in Doral, Fla., sold about $120 million of loans in the fourth quarter of 2012.

The Federal Reserve Board has terminated a written agreement with Blue Valley Ban Corp. in Overland Park, Kan.

Royal Business Bank is relying more on making deals, particularly for banks that focus on Chinese-American communities, as competition intensifies.

The $1.4 billion-asset company said Friday that it has reactivated its buyback program, while increasing the number of shares eligible for repurchase to 5% of outstanding common stock.

WSFS Financial (WSFS) in Wilmington, Del., warned that its fourth-quarter results will include a nearly $4 million hit from paying off Federal Home Loan Bank advances.

Analysts have been concerned about the bank's inability to rein in personnel expenses despite a large cost-cutting initiative.

First Financial Bancorp (FFBC) in Cincinnati gave investors a sneak peek at its fourth-quarter results while announcing a key management shift.

M&F Bancorp (MFBP) in Durham, N.C., said in a regulatory filing Thursday that it hired Randall Hall as its chief financial officer. He succeeded Lyn Hittle, who will retire in March.

Bank of Kentucky Financial (BKYF) in Crestview Hills reported higher earnings as credit issues subsided.

Wintrust Financial (WTFC) in Rosemont, Ill., posted higher earnings after pursuing acquisitions.

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COLUMBUS, Ind. – Centra CU has acquired the former Kiel Bros. Oil Co. headquarters to house administrative staff.

CLIFTON PARK, N.Y. – Cap Com FCU has signed a contract with the Shen Board of Education to open a branch inside the Shenendehowa High School East next fall.

Bank Mutual (BKMU) in Milwaukee reported an increase in fourth-quarter earnings because of loan sales and service fees.

The Bureau's rules add incrementally to a previous mandate in the mortgage servicing settlement, but leave other regulators to sort out the controversy over the insurance for troubled homeowners.

National Mortgage Insurance Co., a new company based in Emeryville, Calif., announced Thursday that Fannie and Freddie have granted it approval as an eligible mortgage insurer.

American Express, which announced 5,400 layoffs last week, said that earnings declined in the fourth quarter in all but one of its business segments.

A rise in fees and loans propelled People's United Financial in the fourth quarter. The $30.3 billion-asset company said Thursday that earnings rose 44% from a year earlier, to $61.2 million.

The Consumer Financial Protection Bureau's new mortgage servicing rules may force some servicers to exit the business altogether or simply outsource servicing of defaulted loans to third-parties, experts said Thursday.

Capital One blames lower revenue, higher costs and margin trends for earnings that fell short of analysts' expectations in the fourth quarter.