Community banking

QCR to enter Springfield, Mo., with bank acquisition

04/18/18

The Illinois company has agreed to buy Springfield Bancshares for $87 million.

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Hancock reports higher profit that reflected balance sheet growth

04/17/18

An increase in total loans and a lower tax rate helped the Mississippi company offset revenue it lost after selling a consumer finance business.

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Fulton reports higher profit on lower tax rate, loan growth

04/17/18

The company benefited from increases in residential and construction lending.

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Mercantile in Mich. reports profit despite smaller balance sheet

04/17/18

Though total loans and deposits were down from the end of 2017, management expressed optimism that things will pick up over the rest of this year.

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Who needs branches? More small banks open accounts online

04/17/18

Community banks are increasingly turning to account onboarding technology to help them solve a growing problem — how to win new customers without opening physical branches.

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Do multiple charters still make sense?

04/17/18

A Virginia bank's decision to pursue a charter in North Carolina puzzles some observers, given the added complexity and costs.

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Pinnacle in Tenn. raises its profitability target

04/17/18

The company, which completed a major acquisition last year, said tax reform will help it generate a higher return on average assets.

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First US Bancshares to enter Virginia with latest acquisition

04/17/18

The Alabama bank agreed to buy Peoples Bank for $23 million as part of a plan to target new Southeastern markets.

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Banking veteran to become executive chairman of Colo. fintech firm

04/17/18

Chris Marshall, a former CFO at Capital Bank Financial, will help Tax Guard recruit bank and nonbank clients. The firm uses technology to let lenders know if potential clients owe money to the IRS.

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Kansas banking commissioner named for Fed community banking seat

04/16/18

Michelle Bowman, a former community banker and now the Kansas banking commissioner, was one of two Federal Reserve Board nominees announced by the White House on Monday. President Trump also nominated Columbia University Richard Clarida as vice chair.

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