Energy industry

MidSouth in La. deemed to be in troubled condition by Fed

01/02/18

The move restricts what MidSouth can independently do with board appointments and executive duties. The company was hit with a similar assessment by the OCC last year.

[more]

Pressure is on Daryl Byrd to prove Iberiabank's value

12/28/17

The energy crisis, hurricane damage and merger costs have hampered earnings per share at the Louisiana bank, and its CEO has to clear those hurdles and convince investors steady growth is ahead.

[more]

How the oil crash changed energy lending

08/31/17

Manuel Mehos, CEO of Green Bancorp in Houston, looks back at his company’s decision to exit energy lending last year. “The oil business is not what it used to be,” he says.

[more]

10 questions for Dallas Fed President Robert Kaplan

08/15/17

The breadth and pace of change across banking and the rest of the business world is rapidly escalating, posing challenges for financial institutions and the economy alike, according to Robert Kaplan, the president of the Federal Reserve Bank of Dallas.

[more]

Energy losses, restructuring charges contribute to 2Q loss at MidSouth

07/26/17

The Louisiana company, which recorded a large loan-loss provision to cover energy-related chargeoffs, also disclosed a new regulatory order from the Office of the Comptroller of the Currency.

[more]

Fee income, wider margins boost profit at Texas Capital

07/19/17

The company's results benefited from its increased dealings in correspondent lending, while net chargeoffs tied to energy loans decreased during the second quarter.

[more]

Hancock continues to reduce size of energy portfolio

07/18/17

The Mississippi company reported higher quarterly earnings despite ongoing energy challenges. Hancock also benefited from its April purchase of the failed First NBC Bank.

[more]

Making Comerica great again: A restructuring success story (so far)

07/18/17

The Dallas company is in the middle of a dramatic turnaround after scaling back on energy loans and slashing expenses. Still, followers of the company seek assurances that the discipline will endure.

[more]

PACE loans take a hit on their home turf

07/12/17

Property Assessed Clean Energy loans can no longer be offered in unincorporated areas of Kern County, Calif. The controversial loans, meant to promote energy efficiency, began in California and are now offered in a number of states.

[more]

How banks are fighting climate change

07/11/17

When the U.S. withdrew from the Paris Agreement, business leaders across the country called on the private sector to step up their own efforts to reduce greenhouse gas emissions and ultimately limit global warming to 2 degrees Celsius. From new corporate governance practices to energy efficient upgrades, here’s a look at some of the ways the banking sector is combating climate change.

[more]