HEADNOTE According to participants in the Chicago Fed's annual Economic Outlook Symposium, the U.S. economy is forecasted to grow at a pace below its historical average in 2012, following a year with an...
HEADNOTE The seventh annual Community Bankers Symposium, co-sponsored by the Federal Reserve Bank of Chicago, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC), was held...
Total revenue for the second quarter ended December 31, 2011 was $263.4 million, compared to $182.5 million for the second quarter ended December 31, 2010. Net income for six months ended December 31,...
Banking Sussex Bank, in Franklin, has appointed Adriano M. Duarte to first vice president/treasury manager. He previously held manager roles in the accounting and financial reporting areas at Investors Bank. He holds a...
The presence of the U.S. Navy and U.S. Marine Corps in San Diego hasn't been lost on Navy Federal Credit Union. The world's largest credit union, with more than $47 billion in assets...
Bankruptcy filings declined in the New Orleans area in 2011, and there are a variety of theories as to why. Tight credit in the business world and consumers still reeling from the downturn...
PORTLAND, Maine & CHARLOTTE, N.C. -- BlueTarp Financial, the only financial services company dedicated to providing a full-service commercial credit program to the building materials industry today announced it has named Scott Simpson...
LOUISVILLE, Ky. -- Republic Bancorp, Inc. is pleased to announce its fourth consecutive year of increased earnings by completing 2011 with net income of $94.1 million, a $29.4 million, or 45%, increase over...
Other specific highlights compared with 2011 Third Quarter: * 3.38% net interest margin, up 4 basis points * 14% annualized growth in average core deposits * 2% annualized growth in average total loans,...
Strong Capital Generation With Tier 1 Common Equity Ratio at 9.86 Percent Global Excess Liquidity Sources Remain Strong at $378 Billion, up $42 Billion in 2011 Investment Bank Maintained No. 2 Global Ranking...
Full Year Diluted EPS of $12.37 ($11.85 as adjusted) Operating Margin of 36.3% (40.0% as adjusted) for Fourth Quarter 2011 Assets Under Management of $3.513 Trillion at December 31, 2011 NEW YORK --...
Thanks to depreciated home values and historically low interest rates, potential homebuyars have a bargain-hunting mindset. As you prepare for the busy spring real estate season, you will need to differentiate yourself to...
* Net income of $81.7 million for 2011, compared to $62.9 million for 2010. This represents an increase of $18.8 million, or 29.87%. Diluted earnings per common share were $0.77. * 4(th) Quarter...
MICHIGAN CITY, Ind. -- Horizon Bancorp (NASDAQ: HBNC) today announced its unaudited financial results for the three and twelve month periods ended December 31, 2011. All share data has been adjusted to reflect...
The latest Reserve Bank of Australia figures show that total debt in the Australian credit card market was A$50bn ($51.5bn) in November 2011, representing the first time that the market has passed the...
TYSONS CORNER, Va. -- Cardinal Financial Corporation (NASDAQ: CFNL) (the "Company") today announced earnings of $28.0 million, or $0.94 per diluted share, for year ended December 31, 2011. This is a 51.8% increase...
DUBUQUE, Iowa -- Heartland Financial USA, Inc. (NASDAQ: HTLF), announced that its board of directors has approved a regular quarterly cash dividend of $0.10 per share on the company's common stock payable on...
John Hamel, Head of Roth's Financial Institutions Group, to Serve as Featured Speaker On Current Banking and M&A Trends NEWPORT BEACH, Calif. -- ROTH Capital Partners (ROTH), www.roth.com, a full service investment bank...