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...

Bank merger would combine Augusta's First Bank of Georgia with Atlanta financial corporation

...First Bank follows Georgia Bank & Trust, with 12 local offices, as the second largest locally owned and operated community bank in the metro area.The final transaction between the two banking institutions is pending regulatory approvals and...

US bank earnings decline 7.7 percent in first quarter

...year, with demand for loans growing as new jobs are created, incomes rise and business confidence strengthens.Community banks earned $4.4 billion in the first quarter, the FDIC said, adding a new data category to its quarterly report...

First Bank in Augusta part of Atlanta Bank merger deal

...similar connection to their markets."We are excited about partnering with State Bank, another Georgia-based community bank, which shares our values, particularly our emphasis on superior, personal service and community involvement...

A saner approach to mortgages

...free of onerous Dodd-Frank Act regulations that limit lending options for consumers and smaller lenders, such as community banks and credit unions.Senior policy analyst John Ligon with the Heritage Foundation think tank calls the PATH Act...

First Community Bank owner posts $862,000 profit

The owner of First Community Bank, which entered the Augusta market in February through the acquisition of Savannah River Banking Co., reported first quarter...

First Community Bank grows with move to Augusta

...Wachovia and change the name of the skyscraper in downtown Augusta.After shareholders approved the merger of First Community Bank and Savannah River Banking Co., it took a weekend to rebrand the branches.Although there were a high number of...

Savannah River Banking Co. completes merger with Columbia bank

Savannah River Banking Co. opened Monday as First Community Bank after shareholders last week approved the merger of the Augusta-Aiken bank with the publicly-traded Columbia-based First...

Small Business Administration nominee has ownership, lending experience

...August.Contreras-Sweet has a wide range of experience, having been a business owner, founder of a Latino-owned community bank and a former California Cabinet secretary. She's also been an advocate for Hispanics."She knows business and...

Augusta tech firm offers improved security monitoring

...Former Fed chairman Ben Bernanke joins think tank Brookings Institution. Savannah River Banking Co. and First Community Bank complete merger, new signs up on Augusta and Aiken branches.