McHenry Bancorp in Ill. raises capital to meet regulatory standards
The company, which raised $23 million through a private placement, had a 6.97% total capital ratio at Dec. 31. ... Read full article
The company, which raised $23 million through a private placement, had a 6.97% total capital ratio at Dec. 31. ... Read full article
Hadley Robbins had a difficult task stepping in after Melanie Dressel's unexpected death last year. Now he must find ways to keep expanding without disrupting a system that has proved successful. ... Read full article
The Texas company will gain four branches and $160 million in loans after the acquisition closes. ... Read full article
A Swiss financier has agreed to buy Brickell Bank a year after another sale fell through. ... Read full article
Ameris would gain 24 Atlanta-area branches in the $406 million deal. ... Read full article
The company's earnings, excluding one-time items, increased meaningfully after it cut operating costs. ... Read full article
A plan by the largest U.S. bank to use part of its tax windfall to enter new markets (including Washington and Boston) could become a serious threat for banks of all sizes in those cities — or looked backed upon someday as a pricey over-expansion. ... Read full article
An economic correction is long overdue, the Ohio company says in explaining why now is the wrong time for long-term entanglements like mergers. ... Read full article
NewDominion, which has completed an improbable turnaround, is the last community bank based in Charlotte, N.C. ... 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 Arkansas company has spent two years trying to reassure nervous investors and analysts that it can rapidly book real estate loans using conservative practices. ... 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
Executives at U.S. Bancorp and Bank of America plan to use their tax savings to ramp up spending on new technology to stay competitive — but they sought to reassure investors that they would not abandon cost control. ... Read full article
Liberty will add a branch in Kansas City, Mo., along with three locations in nearby communities. ... 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
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
The company is gaining heft in Michigan's Upper Peninsula with its $34 million purchase of First Federal of Northern Michigan. ... 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