US bank earnings up 6.9 percent in Q1

...banks on the FDIC's confidential "problem list" fell to a six-year low of 253 from 291 in the fourth quarter.Community banks scored strong earnings growth in the first quarter, jumping 16.4 percent from the same period last year to $4...

Regulations destroying small banks

Community banks are disappearing, and regulation might...national group's vice chairman. "Community banks make up 95 percent of all U.S. banking...course of the last decade, 1,500 community banks have disappeared." Blanton said the...

Report shows community banks' growth

...show Wachovia Bank is still the Augusta area's largest bank by far, but its market share was diluted as smaller community banks continued to grow faster. The report showed Wachovia boasted $1.72 billion in deposits in the Augusta-Aiken...

Local Business | Business
Auto dealers, local banks avoid regulation

...fine print.Auto dealers and community banks managed to stay outside the reach...influence of auto dealers and community banks derives from the strength of...most loans for auto buyers. Community banks account for more than 98 percent...

Augusta banks see increases

Two community banks reported big income growth during 1999, another indicator small banks...building momentum in the Augusta market. The largest of the region's community banks, Georgia Bank & Trust Co., reported net income of $4 million during...

Understanding TARP

...federal infusion of capital, many community banks -- including two in the area...repaid the government, many community banks have not.And that's a decision...Eventually, Plath said, the community banks will have to repay the government...

Local Business | Business
Local banks report earnings increases

Georgia Bank & Trust Co. and People's Community Bank, two community banks with local headquarters, both reported strong second-quarter earnings. Augusta-based Georgia Bank & Trust, the metro area's...

Experts say consolidation in the banking industry isn't over

...while creating opportunities for community banks to steal customers away. Once...spur activity," Balkind said. Community banks, meanwhile, should be able...This isn't a negative for community banks." Still, Guenther worries...

$30 billion might have too many strings

...lending program faces one big challenge: Many of the community banks and businesses it's supposed to help don't want...an effort to make billions of dollars available to community banks for loans to small businesses.It seems like a simple...

Small banks to set up St. Petersburg unit to issue 2 million credit cards

...NA, will be owned by 2,000 community banks and service 2 million cardholders...will ask an additional 5,000 community banks, which are its members, to...credit cards. In recent years, community banks have had difficulty competing...

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