News Topic: Capital

Investar will pay $46 million in cash for Citizens, which has three branches and $246 million in assets. ... Read full article

The New York bank will double in size while gaining greater access to Long Island and low-cost deposits that should come in handy as interest rates rise. ... Read full article

Premier Asset Management will add $550 million of assets under management to a platform that First Midwest has historically built with organic growth. ... Read full article

The agreement comes three months after Astoria and New York Community Bancorp called off plans to merge. ... Read full article

A strong economy, large numbers of small businesses and a shakeout from industry consolidation are making the area between Los Angeles and San Diego appealing to bank organizers. ... Read full article

The Denver bank had spent the last two-plus years addressing concerns about capital and underwriting procedures. ... Read full article

The founders of the South Carolina bank, which liquidated after lavish spending and losses depleted its capital, paid a total of $57,000 in fines and face restrictions on future employment. ... Read full article

The banking industry's top advocacy groups can't support giving credit unions capital-raising alternatives, but they are trying to understand the NCUA's complex proposal before filing comment letters against it. ... Read full article

Many customers at Neighborhood National Bank in San Diego offer check-cashing services that draw attention for Bank Secrecy Act compliance. ... Read full article

CapGen, once a vocal critic of management, will cut its holdings to as little as 3% of shares outstanding. ... Read full article

National charters have fallen out of favor in recent years, but that isn't deterring David Dotherow from pursuing one for his Florida de novo. ... Read full article

First Interstate missed out on two chances to snag Cascade before agreeing to buy the company in November, showing the importance of staying in touch with a target. ... Read full article

Oaktree and Thomas H. Lee will still have large positions in the company after the planned sales. ... Read full article

Old Line will have more than $2 billion in assets when it completes the acquisition, its fourth since 2011. ... Read full article

The company did not disclose the size of the expected valuation allowance because it is still assessing the amount. ... Read full article

Royal Bancshares in Pa. made tough choices to avoid collapse during the financial crisis ... Read full article

PNC will add an extra $300 million to its stock buyback program, taking advantage of a little-known Fed rule. ... Read full article

Frank Leto, Bryn Mawr’s CEO, called the acquisition of Royal Bancshares of Pennsylvania a “logical choice” for his company. ... Read full article