Regulators shut down Douglas County Bank in Douglasville, Ga., and Parkway Bank in Lenoir, N.C. Between them they had assets of $425 million and will cost the Deposit Insurance Fund an estimated $105 million.

BNC Bancorp (BNCN) in Thomasville, N.C., plans to buy back its Troubled Asset Relief Program shares from investors who bought them in a Treasury Department auction last summer.

Patience is wearing thin among investors with banks' lack of prospects for producing returns, as a hedge fund official's call for the sale of American River in California shows.

HCBF will merge BSA Financial's $168 million-asset Bank of St. Augustine into Harbor Community Bank when the deal closes, the companies said Friday.

Hancock Holding in Gulfport, Miss., has raised the ire of analysts and investors in an unusual way — by unveiling a plan to cut costs over the next two years.

Iberiabank (IBKC) in Lafayette, La., eked out a profit in the first quarter despite a series of large charges. The $12.9 billion-asset company earned $697,000, compared with $19.4 million a year earlier.

Rising revenue propelled first-quarter results at Sterling Bancorp (STL) in New York. Earnings at the $2.8 billion-asset company rose 13% from a year earlier, to $5.3 million, or 17 cents a share.

Canadian Imperial Bank of Commerce's last two U.S. wealth-management acquisitions offer a "good range" of the size of the lender's appetite for future deals, CEO Gerald McCaughey said.

Triumph Bancorp in Dallas was on the hunt for a cheaper and more stable deposit base and found it in National Bancshares, an Iowa company that needed common equity.

CLSA analyst Mike Mayo has long been one of the loudest and most prominent critics of big banks, including Citigroup. But Wednesday he had some competition from the nonprofessionals.

Park Sterling in Charlotte, N.C., said it is on the hunt for bank acquisitions as it reported a record quarterly profit.

BBCN Bancorp in Los Angeles has hired a former chief executive of Hanmi Financial and Wilshire Bancorp to lead its bank.

Debt levels for Canadians rose slightly in the first quarter ended March 31 but the rate of 90-day delinquencies dropped by 13.4% from a year ago to a record low 1.2%, according to a report from Equifax Canada.

Shareholders resoundingly approved Citigroup's executive compensation package and other proposals at the bank's annual meeting on Wednesday, but CEO Michael Corbat sees more challenges ahead.

High-profile investor Jay Sidhu says he still plans to vote against the sale of Atlantic Coast in Jacksonville even though Bond Street has agreed to pay shareholders $5 a share up front, instead of withholding $2 a share for a year to cover litigation costs.

BankUnited (BKU) in Miami Lakes, Fla., reported solid growth in interest income as it began its expansion into the New York City market.

Fitzgerald Debt Acquisitions LLC is expanding its business plan by opening a business designed to help private investment funds interested in taking part in debt sales and collections.

Wage costs offshore are on the rise. Local talent is available in abundance and the growing popularity of digital channels has created ample cost-reduction opportunities at home.

A proposal to boost Louisiana's debt collections with an Office of Debt Recovery moved to the House floor on Tuesday. The office would pursue delinquencies more than 60 days overdue.

Prosperity Bancshares in Houston posted higher earnings in the first quarter following a flood of deals.