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- a commercial institution that keeps money in accounts for individuals or organizations, makes loans, exchanges currencies, provides credit to businesses, and offers other financial services
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- ServisFirst Bancshares, Inc. Reports Third Quarter 2008 Earnings
- BIRMINGHAM, Ala. -- ServisFirst Bancshares, Inc. today reported earnings for the quarter ending September 30, 2008. THIRD QUARTER 2008 HIGHLIGHTS: * Quarterly Net Income increases 39% year/year * Quarterly Deposit growth of 27% year/year, with no brokered deposits * Dothan Regional Office opened in 3rd Quarter...
- Research articles 2008-10-20
- Commentary: Nightmare on Wall Street
- The fear and trepidation surrounding the financial markets came to realization in the month of September. The broad market fell 8.9 percent in the month, with the average U.S. equity mutual fund down 10.5 percent. This brings the market down 25.6 percent from its Oct. 9, 2007 high through Sept....
- Research articles 2008-10-15
- ONN.tv Report: The Government's Bank Bailout Saga Continues
- CHICAGO -- Today, Options News, the daily video news program on www.ONN.tv, reports on JPMorgan Chase's purchase of Washington Mutual operations from the US government, the continuing saga of the bailout negotiations, and the SEC no short sale list. For the full video report, visit: http://link.brightcove.com/services/link/bcpid1697139148/bclid18158279 59/bctid1818365160 (Due to...
- Research articles 2008-09-26
- First Merchants Corporation Announces the Signing of a Definitive Agreement to Acquire Lincoln Bancorp
- MUNCIE, Ind. & PLAINFIELD, Ind. -- First Merchants Corporation (NASDAQ: FRME) and Lincoln Bancorp (NASDAQ: LNCB) today announced they have executed a definitive agreement for First Merchants Corporation to acquire Lincoln Bancorp through a merger of Lincoln into First Merchants. First Merchants ($3.8 billion) and Lincoln ($890 million) will...
- Research articles 2008-09-03
- Republic Services Announces Bank Facility Commitments for Proposed Merger with Allied Waste Industries
- New Bank Facility Oversubscribed FORT LAUDERDALE, Fla. -- Republic Services, Inc. (NYSE: RSG) today announced that Bank of America Securities LLC and J.P. Morgan Securities Inc. have arranged a syndicate of lenders committed in writing to the entire amount of Republic's proposed new $1.75 billion senior unsecured revolving credit...
- Research articles 2008-08-18
- First Community Bancshares Announces Signing of Definitive Merger Agreement With Coddle Creek Financial Corp
- BLUEFIELD, Va. & MOORESVILLE, N.C. -- First Community Bancshares, Inc. (NASDAQ:FCBC) (www.fcbinc.com) and Coddle Creek Financial Corp. jointly announce the signing of a definitive merger agreement pursuant to which First Community will acquire Coddle Creek, the Mooresville, North Carolina-based holding company and parent of Mooresville Savings Bank, SSB, in a...
- Research articles 2008-07-31
- SemGroup LP founder, former CEO sued for $12.8 million by Bank of
- SemGroup LP founder and former CEO Tom Kivisto and a Kivisto trust were sued for $12.8 million plus interest Friday by Bank of America. The lawsuit involves a $15 million loan to the trust that was guaranteed by Kivisto and secured by the trust's limited partnership interest in...
- Research articles 2008-07-28
- Journal Register Company Enters Forbearance Agreement With Banks; Hires Chief Restructuring Officer
- Journal Register Company (the "Company") (PINKSHEETS: JRCO) today announced that it has entered into a Forbearance Agreement and Amendment No. 3 (the "Forbearance Agreement") to the Amended and Restated Credit Agreement dated as of January 25, 2006, as amended (the "Credit Agreement"), between the Company, the lenders party thereto (the...
- Research articles 2008-07-25
- Fed, SEC join to bolster security
- WASHINGTON -- Financial regulators on Monday announced an information-sharing agreement aimed at better detecting potential risks to the U.S. financial system. The pact between the Federal Reserve and the Securities and Exchange Commission should enhance regulatory cooperation between the two agencies, allowing them to more effectively carry out...
- Research articles 2008-07-08
- US central bank, SEC deepen bank policing ties
- WASHINGTON AFP — The US Federal Reserve and the Securities and Exchange Commission said Monday that they had agreed to deepen ties to better monitor cash-strapped banks which are reeling from a credit crunch. The closer ties were announced as US lawmakers review possible changes to the regulatory environment...
- Research articles 2008-07-07
- Foreclosure Phil: would you trust the man who broke America's financial system to fix it? John McCain does
- Who's to blame for the biggest financial catastrophe of our time? There are plenty of culprits, but one candidate for lead perp is former Sen. Phil Gramm. Eight years ago, as part of a decades-long anti-regulatory crusade, Gramm pulled a sly legislative maneuver that greased the way to the multibillion-dollar...
- Research articles 2008-07-01
- White River Capital, Inc. Announces Signing of Definitive Agreement with First Chicago Bancorp
- * First Chicago Bancorp is a Bank Holding Company With $1.2 Billion in Assets and Seven Branches in the Chicago Metropolitan Area INDIANAPOLIS & ITASCA, Ill. -- White River Capital, Inc. (AMEX: RVR) ("White River") and First Chicago Bancorp ("First Chicago") today announced the signing of a definitive agreement...
- Research articles 2008-06-30
- Community Bankshares, Inc., and First Citizens Bank and Trust Company, Inc., Announce Proposed Merger
- ORANGEBURG, S.C. -- Community Bankshares, Inc., (AMEX:SCB) ("SCB"), parent of Community Resource Bank, N.A., and First Citizens Bank and Trust Company, Inc., a wholly-owned subsidiary of First Citizens Bancorporation, Inc. today announced they have executed a definitive agreement to merge. The transaction, approved by the Boards of Directors of both...
- Research articles 2008-06-26
- MF Global Secures Bank Commitment of $450 Million
- Commitment Marks Final Step in Capital Plan Accrues for Potential CFTC Actions NEW YORK -- MF Global (NYSE: MF), a leading broker of exchange-listed futures and options, today announced that a bank syndicate has committed to provide a $450 million new credit facility. When closed, the new credit...
- Research articles 2008-06-13
- AmericanWest plans to raise capital in issue
- AmericanWest Bancorporation, of Spokane, has sought regulatory approval to sell $30 million in securities through a public offering to increase the capital of its principal operating subsidiary, AmericanWest Bank, and to raise money for general corporate purposes. The company filed with the U.S. Securities and Exchange Commission on May 29...
- Research articles 2008-06-12
- Service 1st Bancorp Announces Postponement of Annual Meeting
- TRACY, Calif. -- Service 1st Bancorp (the "Company")(OTCBB:SVCF), parent holding company for Service 1st Bank and Charter Services Group, Inc., announced postponement of its 2008 Annual Meeting of Shareholders as a result of the previously announced proposed merger transaction with Central Valley Community Bancorp. "The Company's 2008 Annual Meeting...
- Research articles 2008-06-10
- First California Annual Meeting Report
- First California Financial Group, Inc. (NASDAQ: FCAL) ("First California") reported today that at its recent annual meeting shareholders reelected all 10 directors. They are Richard D. Aldridge, Donald E. Benson, John W. Birchfield, Joseph N. Cohen, Robert E. Gipson, W. Douglas Hile, Antoinette T. Hubenette, M.D., C. G. Kum,...
- Research articles 2008-06-09
- Equitable Financial Corp. Announces Decision to Deregister Its Common Stock
- GRAND ISLAND, Neb. -- Equitable Financial Corp. (OTCBB:EQFC) today announced that it plans to deregister its common stock and suspend its reporting obligations under the Securities Exchange Act of 1934 by filing a Form 15 with the Securities and Exchange Commission on May 30, 2008. The Company expects the...
- Research articles 2008-05-27
- Willow Financial Bancorp, Inc. Provides Update on NASDAQ Listing Status
- WAYNE, Pa. -- Willow Financial Bancorp, Inc. (the "Company") (NASDAQ/Global Select Market:WFBC), the holding company for Willow Financial Bank (the "Bank"), today provided an update on the pending NASDAQ listing review. As previously announced on April 8, 2008, a NASDAQ Listing Qualifications Panel (the "Panel") determined to continue the listing...
- Research articles 2008-05-20
- Seattle Bank Announces First Quarter 2008 Financial Results
- FHLBank Reports $31.5 Million of Net Income SEATTLE -- The Federal Home Loan Bank of Seattle Seattle Bank today announced financial results for the first quarter of 2008 and the filing of its first-quarter 2008 Form 10-Q with the Securities and Exchange Commission SEC. The Seattle Bank reported $31.5...
- Research articles 2008-05-09
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