Performance reports

LAS VEGAS — One Nevada Credit Union continued its strong recovery with net income of $7 million in 2014, the now $729 million CU reported.

Metro Bancorp, which has been fielding calls to sell itself for nearly a year, disclosed that CEO Gary Nalbandian will take a medical leave to undergo bypass surgery. Metro's executive team will be tasked with an ongoing effort to improve performance and remain independent.

Speakers at the American Bankers Association's Conference for Community Bankers made it clear that smaller banks must find ways to embrace new and disruptive ways of doing business to compete the bigger institutions and nonbanks.

The Puerto Rican bank faces a deadline to raise capital or sell itself. With recapitalization a challenging prospect, here's a look at how other scenarios could play out.

Orange County Business Bank in Irvine, Calif., is facing a proxy battle from a Dallas investment firm.

Fee income and payment of a Home Loan bank advance helped Eagle Financial Services in Berryville, Va., boost its bottom line last quarter.

Grand River Commerce in Grandville, Mich., has raised $10.7 million through a private placement.

Delanco Bancorp in New Jersey began trading on Friday on the OTC Markets Group platform.

Community Financial Corp. in Waldorf, Md., raised $23 million from a debt offering.

A long decline in loan-loss reserves hit a wall in the fourth quarter, as loan growth forced companies to set more cash aside than in recent quarters. An end to reserve releases, combined with higher costs and lower margins, are putting pressure on bankers to boost revenue.

Beneficial Bancorp in Philadelphia reported higher quarterly profit due to improving asset quality.

JPMorgan Chase has launched a multiyear examination of its philanthropic division, providing $10 million to the Urban Institute to study the impact of its charitable initiatives.

TowneBank in Hampton Roads, Va., reported a lower quarterly profit due to higher costs tied to its recent acquisitions.

Bank managers can motivate their teams to make sales without forcing them to pounce on customers the moment they walk in the door.

Opinions vary throughout industry on the value of returning bonus dividends to members.

Banner Corp. in Walla Walla, Wash., has lowered its fourth-quarter profit due to an adjustment to the its provision for income taxes.

Peoples Community National Bank in Bremen, Ga., has changed its name and logo.

Terry Robinson, a longtime California banker, died on Jan. 11, three days before his Manhattan Bancorp announced a proposed merger with Plaza Bancorp. Manhattan, which is operating under an OCC order, did not publicly disclose Robinson's death, or his Dec. 31 retirement, even though he played an integral role negotiating the merger.

Investors Bancorp in Short Hills, N.J., reported higher quarterly income thanks to a combination of acquisitions and organic growth.

Altura Credit Union on Friday reported $11.6 million in net income for 2014 - its 15th consecutive quarter of positive earnings and fourth straight year of "solid" financial performance.