Community banking

Lenders have reduced their holdings of foreclosed one- to four-unit family residences to roughly $2.6 billion of homes, down from more than $14 billion in 2010. Economists expect the trend to continue, but there are red flags to keep an eye on.

A lot has changed since Hill first entered the city, but he is determined to stick with the branch-dependent strategy he relied on before his ouster from Commerce Bank a decade ago.

The West Virginia company will pay $15 million in cash for First National Bank of Jackson.

PNC, which has been the city's dominant bank for decades, and other local banks could face pressure as industry heavyweights expand in the market.

The company disclosed that net charge-offs will spike due to issues with loans to a health care facility and a refinery.