Energy industry

MidSouth in Louisiana pressed to sell itself

08/17/18

Jacobs Asset Management, which expressed frustration over a slow turnaround at MidSouth, said it could launch a proxy battle at next year's annual meeting.

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Bad energy loan drives up charge-offs at BOK

07/26/18

The Oklahoma bank’s net charge-offs were its second-highest in the last five quarters, but the company said it was confident in its credit quality outlook and growth prospects from a pending acquisition.

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End in sight for Hancock's lingering energy-related issues

07/18/18

The Mississippi company said it has recorded most of the expected charge-offs tied to the last severe decline in oil prices.

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Energy lending once again attractive, but this time it’s different

05/14/18

Lenders are taking steps to reduce exposure to fluctuations in oil prices, including getting tougher in demanding that drillers use commodity hedges.

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Shift to smaller loans is paying off for Cullen/Frost

04/26/18

The San Antonio company said that it has scaled back its exposure to energy loans in favor of a greater emphasis on loans of less $10 million.

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Energy loans fuel 19% increase in BOK Financial's 1Q profit

04/25/18

Double-digit growth in personal loans and record wealth management revenue also helped the Tulsa, Okla., beat earnings forecasts.

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Tax law forces rethink of banks’ commitment to renewable energy

02/05/18

Several banks suffered fourth-quarter hits when they reduced the value of certain energy investments. Still, renewable energy could remain a viable business thanks to other benefits embedded in the tax law.

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Trio of investors to pare back stakes in Green Bancorp

02/02/18

The private equity firms plan to sell a total of 3 million shares in the Houston company in coming weeks.

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MidSouth to add turnaround specialist in senior-level shake-up

01/08/18

MidSouth Bancorp in Lafayette, La., has appointed one of its regional executives to the newly created post of chief banking officer and moved to appoint a veteran turnaround banker to its board.

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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.

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