MainSource Financial Group (MSFG) in Greensburg, Ind., has been cleared to redeem the last of the preferred stock it had issued through the Troubled Asset Relief Program.

Pacific Commerce Bank in Los Angeles has satisfied enforcement orders imposed by state regulators, but it still has more work to do.

Trustmark in Jackson, Miss., has bought two branches from SOUTHBank in Huntsville, Ala.

WSFS Financial Corp. in Wilmington, Del., has agreed to buy the mortgage banking company Array Financial Group in Haverford, Pa.

HomeStreet in Seattle plans to buy two small Washington lenders for a total of $37.3 million.

Rival bankers who operate in Chicago have been giving their takes — some sarcastic, others serious, yet others cautious — about the competitive effect of MB Financial's deal to buy Taylor Capital.

JPMorgan Chase (JPM) plans to sell or spin off its physical commodities unit, as regulatory scrutiny on big banks' commodities holdings and trading operations mounts.

Synovus Financial (SNV) in Columbus, Ga., has redeemed its Troubled Asset Relief Program shares after raising cash in two stock offerings.

U.S. Century Bank in Doral, Fla., has postponed a shareholder vote on a $50 million capital injection.

Investors have been pressuring Hancock Holding (HBHC) in Gulfport, Miss., to speed up cost cuts after its $1.5 billion purchase of Whitney Holding in 2011. Second-quarter results strengthened their case.

Davis and Henderson's planned $1.2 billion acquisition of Harland Financial Solutions will make the Toronto company a significant player in the U.S. financial services technology market virtually overnight.

Some managers of collateralized loan obligations complain that S&P's ratings of risks behind covenant-lite loans are too harsh and could stifle an growing part of the leveraged-loan market.

Normally low-profile PacWest CEO Matt Wagner could get a night gig emceeing roasts or appearing at an L.A. comedy store, a sometimes-lighthearted conference call revealed this week.

Columbia Banking System in Tacoma, Wash., reported higher quarterly earnings.

The former First PacTrust has hired ex-L.A. Mayor Antonio Villaraigosa as a senior advisor and made Magic Johnson Enterprises executive Eric Holoman a director and head of its new community reinvestment panel.

Accounts Receivable Management industry transactions in the first half of the year reflect a trend of U.S. groups expanding internationally, according to a mergers-and-acquisitions report from Greenberg Advisors.

Berkshire Hills Bancorp in Pittsfield, Mass., is planning a comprehensive review designed to reduce core operating costs.

New York Private Bank & Trust, the parent company of Emigrant Bank, has fully repaid its Troubled Asset Relief Program funds.

Porter Bancorp in Louisville is poised to make John Taylor its chief executive after the sudden retirement of Maria Bouvette. The move could improve its changes of attracting new investors to recapitalize it.

BankUnited (BKU) in Miami Lakes, Fla., added interest income and beat earnings estimates as it expanded into New York City last quarter.