Increased dealings in direct consumer lending and guaranteed student loans offset a decline in mortgage-related income. A lower loan-loss provision also helped the bottom line. ... Read full article
The Ohio company also reported that credit quality metrics remain well within its targeted range. ... Read full article
But the Connecticut company says the efficiencies of its recent acquisition of Suffolk Bancorp will begin to be realized soon. ... Read full article
The $482 million deal would be Associated's first bank acquisition since June 2007. ... Read full article
The Pittsburgh company, pleased with employee and client retention from its March purchase of Yadkin Financial, is looking to hire lenders from other institutions. ... Read full article
Regional banks are hoping that recent comments by Fed Chair Janet Yellen can add fuel to their efforts to replace the $50 billion asset threshold for systemically important banks with a regulatory indicator test. ... Read full article
The Cleveland company, once criticized for an initial six-year forecast, now believes it will only take four years to rebuild its tangible book value. ... Read full article
Leaf Commercial Capital originates about $500 million in loans annually tied to equipment and software purchases. ... Read full article
KeyCorp also recorded a gain after buying the remaining ownership interest in a merchant services joint venture. ... Read full article
KS Bancorp initially chided First Citizens for its aggressive moves before deciding to mull the offer over. ... Read full article
Revenue growth in its merchant payments business is expected to be tepid in the foreseeable future. The Minneapolis company says it is looking to ramp up innovation to stay competitive in a business that has been upended by fintech firms and online ... Read full article
The Georgia company made more loans and controlled costs. As a result, it had a 1% return on assets and an efficiency ratio below 60%. ... Read full article
The CEO of Keefe, Bruyette & Woods, a top matchmaker for bank mergers, explains why large banks will soon return to dealmaking after a long absence, the case for starting new banks and the enduring value of branches. ... Read full article
Buying Capital Bank puts the company on a fast track for more regulatory scrutiny. Executives are identifying ways to boost revenue and taking other measures so it can handle the change. ... Read full article
Readers slam credit unions’ ever-inclusive membership criteria, weigh in on the OCC’s proposed fintech charter, encourage a rewrite of the CRA, and more. ... Read full article
First Horizon reported lower fee income in the second quarter. The company said it is making progress planning for its pending purchase of Capital Bank Financial. ... Read full article
Business lending rose 6% at the Pittsburgh bank, while consumer lending was largely flat. ... Read full article
Bank of the Ozarks recently dissolved its holding company in a move that goes against modern banking strategy. There are, however, strong arguments for other institutions to follow the bank's lead. ... Read full article
The region is responsible for a third of all bank sellers — and more than half of the industry's overall deal volume. ... Read full article
Enabling peers to compare notes will help ID management specialists at regional, midtier banks who face the same requirements as large banks but command smaller operating budgets, IDPro’s founder says. ... Read full article
