News Topic: Community banking

The company, which bought BNC Bancorp to enter North Carolina last year, recorded $19.1 million in merger-related expenses and an $8.3 million pretax loss tied to investment securities. ... Read full article

Fitzsimmons, who had recently covered banks for Hovde Group, will become FIG Partners' deputy director of research. ... Read full article

The activist investor, which has pressured the company in the past to find a buyer, fell short in an attempt last year to gain representation. ... Read full article

The company agreed to buy First Priority Financial for $82 million in stock. ... Read full article

The Tennessee company has been buying banks in smaller markets and college town where it rarely has to compete with financial giants. ... Read full article

The Arkansas company's net income topped $100 million for the first time, though it largely reflected the revaluation of its deferred tax liability. ... Read full article

The Iowa company was sidelined by a Fed order for 2,155 days. Finally free, Ambank is open to making an acquisition and offering its mortgage origination services to other institutions. ... Read full article

Leonard Stekol, Ridgewood's president, succeeded Peter Boger, who ran the bank for 18 years. ... Read full article

Blue Lion Capital has complained about the company's reliance on mortgages and bank acquisitions. ... Read full article

NewDominion Bank and M&F Bank are among the institutions willing to leave the industry's comfort zone to reach younger prospects. ... Read full article

The company has agreed to pay more than $50 million for United American Bank. ... Read full article

The company expects to report a $15 million gain in the fourth quarter from the stock sales, which will more than offset any deferred-tax impairment tied to recently passed tax reform. ... Read full article

Banks that have flocked to the business because of higher yields and loan diversity stand to benefit if clients use tax savings to upgrade equipment. ... Read full article

The company, which agreed to pay $58 million for Foundation's parent, will gain five branches in Cincinnati. ... Read full article

Minneapolis Fed President Neel Kashkari acknowledges that his plan to raise capital at the biggest banks and ease burden for smaller ones isn't likely to be enacted soon, but says its time will come. ... Read full article

Jose Vazquez Jr., who previously worked for Popular Community Bank, will oversee commercial lending and treasury management services. ... Read full article

The final plan to end "too big to fail" suggests that banks with less than $10 billion be subject to a much less complicated risk-based capital regime, akin to what was required in Basel I. ... Read full article

Lower taxes mean more earnings, higher capital levels and perhaps a psychological boost for buyers. ... Read full article