Performance reports

A nearly double-digit increase in net interest income helped third-quarter profit increase by 12.9% at VSB Bancorp in New York.

Hingham Institution for Savings in Massachusetts said a double-digit spike in lending contributed to a strong third quarter.

The $4.3 billion-asset parent of Century Bank and Trust Co. said in a press release Tuesday that its net income increased 5.2% in the quarter from a year earlier to $6.4 million, or $1.16 a share.

About two-thirds of banks that close branches will lose deposit share in their impacted markets in time. Here's how to prevent customers from leaving your bank.

It's been a tough year for farmers, and lenders are looking for ways to help those borrowers offset sagging income.

Earnings season is set to begin with a bang Oct. 14 when four of the six largest banking companies report. The next few weeks will likely bring a steady stream of lackluster commercial lending results, good news on energy and mortgage books and (thanks, Wells Fargo) a whole lot of scrutiny of cross-selling practices.

Large banks aren't the only financial institutions producing up-and-coming executives. Five executives on American Banker's list of Women to Watch hold key positions at banks with less than $30 billion in assets.

Wells Fargo, the lender grappling with a scandal involving unauthorized customer accounts, had its outlook lowered to negative from stable by Fitch Ratings.

Banks continue to lay off operations workers and send their jobs to other countries with lower labor costs. They may feel they have no choice, but there are risks to consider.

Male bankers are often unaware of how they benefit from a level of privilege that limits the advancement and contributions of their female colleagues, to the detriment of the entire industry.