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Middleburg Financial in Middleburg, Va., plans to record a $3 million impairment charge tied to a participation loan in which the borrower has been accused of fraud.
December 23 -
American Banker predicted these five community bankers would make news in 2015, and they did not disappoint. Some pursued M&A, one went public, and one even helped break up his bank.
December 23 -
Another institution helped push New York Community Bancorp to add cash to its bid, a filing disclosed. While Astoria's board was concerned about NYCB's plans for an aggressive balance sheet restructuring and capital raise, management believed the other suitor's offer had more execution risk.
December 22 -
Finally released from a long-standing regulatory order, FNBH in Michigan is looking forward to ramping its lending, expanding its capabilities in wealth management and moving forward on plans to revamp its core processing system.
December 21 -
For steering the Winston-Salem, N.C., company through an extended period of industry adversity, while providing a blueprint for large-scale M&A, King has been named American Banker's Banker of the Year for 2015.
December 20 -
Hancock Holding's decision to significantly raise its allowance for energy loan losses reveals that oil-related issues could last longer and cut deeper than what bankers had originally forecast.
December 18 -
Carver Bancorp in New York, like many community banks, seems to be back on track after surviving the financial crisis. But the company, and CEO Michael Pugh, have an new objective - figuring out how to stay relevant with younger customers.
December 18 -
Hancock Holding in Gulfport, Miss., will increase its allowance for loan losses by $42 million to cover weakness in energy-related credits.
December 17 -
Several CEOs hitting the magic age of 63 have chosen to sell their institutions, suggesting a dearth of younger executives waiting in the wings.
December 9
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The $3.2 billion-asset mutual thrift will close offices in Howland, Farmington, Hartland and East Millinocket, Maine. The proposed closings require regulatory approval.
December 4 -
The $2.5 billion-asset company will freeze pension benefits for the 10% of its workforce that still receive a pension.
December 4 -
The small bank was the only institution to bid on a contract to process cash payments to the Illinois Department of Revenue. Executives are eager to collect fees without feeling compelled to make loans or hold deposits for the controversial industry.
December 3 -
How you behave after customers turn you down establishes their impression of you going forward and could open the door to new sales opportunities.
December 3
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Darien Rowayton Bank used funds from a 2010 recapitalization to start refinancing student loans in a move that, so far, has been lucrative for the institution.
November 30 -
Mark Simmons, a seasoned commercial lender, is planning to open a bank in Californias Orange County that is dedicated to making loans to businesses. Core Commercial Bank, expected to be the states first de novo since 2008, would jump into a market where commercial lenders are plentiful and aggressive.
November 25 -
The Federal Deposit Insurance Corp.'s third-quarter industry update pointed to signs of banks expanding their risk profiles despite slow revenue growth.
November 24 -
The head of the Independent Community Bankers of America fires a legal warning at NCUA and says relations between the two industries has never been more strained.
November 24 -
The rapid growth of competition from nonbanks has the potential to hit community banks harder than the mortgage meltdown.
November 24
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On the sidelines for three years, the once-aggressive acquirer jumps back in the game with a deal for CommunityOne Bancorp in Charlotte. It's also looking to bulk up in Tennessee and Florida, though any opportunity would bring tough decisions on whether to cross the $10 billion-asset mark.
November 23 -
WASHINGTON The Federal Deposit Insurance Corp. on Tuesday will release results of the banking industry's performance for the third quarter.
November 19






