News Topic: Community banking

NewDominion, which has completed an improbable turnaround, is the last community bank based in Charlotte, N.C. ... Read full article

The South Carolina company also provided a timeline for heightened regulation tied to crossing the $10 billion-asset threshold. ... Read full article

The Florida company's fourth-quarter results included double-digit loan growth and a $328 million income tax benefit associated with recently passed tax reform. ... Read full article

Retracting an Obama administration policy that shielded banks servicing marijuana companies threatens financial firms and makes the pot industry too reliant on cash. ... Read full article

The Illinois company reported strong loan growth, an wider net interest margin and a one-time net tax benefit of nearly $8 million tied to recently passed tax reform. ... Read full article

There were no sighs of relief from bankers, who realize their planning could still prove useful as the potential for another shutdown looms. ... Read full article

Wings Financial Credit Union will also gain about $40 million in deposits and $10 million in loans. ... Read full article

The New York multifamily lender is making steady progress in a multiyear effort to reduce its dependency on commercial real estate. ... Read full article

The company sold common stock to employees, existing shareholders and new investors. ... Read full article

The company will pay $62 million in cash for a bank with four branches and $337 million in assets. ... Read full article

Organizers of Sterling Bank have filed an application with the FDIC and have set a $20 million capital target. ... Read full article

The Arkansas company's earnings fell 52% from a year earlier, reflecting a higher provision, a revaluation of its deferred tax asset and higher costs following a series of bank acquisitions. ... Read full article

The Mississippi company reported strong loan growth, even as it reduced exposure to energy-related borrowers. Higher revenue also helped Hancock lower its efficiency ratio. ... Read full article

Liberty will add a branch in Kansas City, Mo., along with three locations in nearby communities. ... Read full article

Kevin Lycklama is set to succeed Patrick Sheaffer, who has led the company since 1976. ... Read full article

Endeavor Bank, which raised nearly $27 million, will become the second new bank to open in California in the past year when it debuts next week. ... Read full article

Ameris, which was operating under a regulatory order when it agreed to buy Atlantic Coast, agreed to pay more money if it failed to complete the acquisition by mid-2018. ... Read full article

Blue Lion Capital, which had a recent request for a board seat rejected, plans to nominate multiple people to run for the board at HomeStreet's next annual meeting. ... Read full article