The two banks, which plan to complete their merger by early fall, have little geographic overlap, so they can keep lending teams in place and push for immediate loan growth, according to Craig Dahl. ... Read full article
The bank is expecting to benefit from the discount airline's first flights to the Aloha State even as a white-hot local housing market starts to cool. ... Read full article
Columbia Banking CEO Hadley Robbins says he's confident the bank can grow on its own as the number of buyout targets in the Pacific Northwest dwindles. ... Read full article
The Rhode Island bank’s deposit costs nearly doubled in the first quarter, but CEO Bruce Van Saun says it has to go on the offensive to sustain loan growth. ... Read full article
A big decrease in noninterest income outweighed cost controls during the first quarter. ... Read full article
The Providence, R.I., bank reported increases in most fee-based lines and loan categories, and it continued to add deposits through its new digital franchise, Citizens Access. ... Read full article
The Alabama company recorded a $91 million loan-loss provision and raised deposit rates during the first quarter ... Read full article
CEO Joseph DePaolo lamented the tough funding environment after the New York bank said deposit costs jumped 90% in the first quarter. Signature was the second bank Wednesday to report a drag on profits from funding costs. ... Read full article
The Minneapolis bank reported mid- to high-single-digit improvement in those categories, but total loan growth was curbed by declines in CRE and other credit types. ... Read full article
Executives at the Tennessee banks are using the biggest bank merger in a decade to aggressively recruit lenders and clients in Southeastern markets. ... Read full article
The Los Angeles bank reported a 5% decline in net income despite strong loan growth as deposit costs rose and fee income fell. ... Read full article
The bank’s CFO says it has enough liquidity to meet loan demand in the short term, but how long can it keep its loan-to-deposit ratio below 100%? ... Read full article
The San Francisco bank has roughly doubled its assets in the last five years with the benefit of an acquisition. ... Read full article
The Pittsburgh company more than doubled its provision for loan losses during the first quarter to keep pace with growth in its loan portfolio. ... Read full article
The House Financial Services Committee recently approved protections for banks financing cannabis companies in states where it’s legal. This a good first step, but improvements are needed. ... Read full article
The company warned that the move will likely reduce its first-quarter profit by $8 million. ... Read full article
The Tennessee company has set up a $3.5 million reserve associated with the unnamed borrower. ... Read full article
On Dec. 31, 2018. Dollars in thousands, except for average loan amount. ... Read full article
Simple math only partly explains why smaller lenders are adding commercial and industrial loans at a faster clip than their larger counterparts. ... Read full article
An executive at the Rhode Island company said the complexity of business lending remains an obstacle to switching to entirely automated, paperless operations. ... Read full article
