International Business News - Bancorp http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Community bank owner Sun Bancorp Inc. said Wednesday that its second-quarter provision for loan losses totaled $6.5 million--more than triple the $2.1 million it set aside in the first quarter to cover bad loans. http://www.ibtimes.com/articles/20080702/sun-bancorp-2q-loan-loss-provision-totals-6-5m.htm Wed, 02 Jul 2008 18:02:16 EDT Cathay General Bancorp, a regional bank with branches mostly in California, said Tuesday its board declared a regular quarterly dividend of 10.5 cents per share. http://www.ibtimes.com/articles/20080701/cathay-general-bancorp-declares-10-5-cent-dividend.htm Tue, 01 Jul 2008 14:15:37 EDT A director at Puerto Rican banking company First BanCorp sold 15,000 shares of common stock, according to a Securities and Exchange Commission filing Friday. http://www.ibtimes.com/articles/20080630/first-bancorp-director-sells-15-000-shares.htm Mon, 30 Jun 2008 14:51:01 EDT First BanCorp said Monday the Federal Reserve Bank of New York lifted an order that prevented the Puerto Rico-based bank from trading in mortgage-related securities. http://www.ibtimes.com/articles/20080630/first-bancorp-had-fed-stop-order-lifted.htm Mon, 30 Jun 2008 12:39:10 EDT Shares of Western Alliance Bancorp hit a new all-time low Monday after the Las Vegas-based regional bank said it raised $30.2 million in a private placement of 3.8 million shares. http://www.ibtimes.com/articles/20080630/western-alliance-bancorp-shares-hit-new-low.htm Mon, 30 Jun 2008 19:45:27 EDT Community Valley Bancorp, the holding company for Butte Community Bank, said Friday its board halved its quarterly dividend to 4 cents. The dividend is payable July 25 to shareholders of record July 8. http://www.ibtimes.com/articles/20080627/community-valley-bancorp-halves-quarterly-dividend.htm Fri, 27 Jun 2008 17:45:30 EDT A director of Old Second Bancorp Inc., which operates banks in Illinois, bought 10,000 shares of common stock, according to a Securities and Exchange Commission filing Wednesday. http://www.ibtimes.com/articles/20080626/old-second-bancorp-director-buys-shares.htm Thu, 26 Jun 2008 17:55:24 EDT Bridge Bancorp Inc. declared a quarterly dividend of 23 cents. The holding company for The Bridgehampton National Bank said the dividend is payable July 22, to shareholders of record as of July 8. http://www.ibtimes.com/articles/20080626/bridge-bancorp-declares-dividend-of-23-cents.htm Thu, 26 Jun 2008 15:00:23 EDT Shares of Hudson City Bancorp Inc. rose Wednesday, after its chief executive said Wall Street expectations for 2008 profit are "reasonable," based on credit trends at the regional bank through May. http://www.ibtimes.com/articles/20080625/hudson-city-ceo-says-bank-performance-improving.htm Wed, 25 Jun 2008 10:40:23 EDT A director at Old Second Bancorp Inc., which operates banks in the Chicago area, bought 5,000 shares of common stock, according to a Securities and Exchange Commission filing Friday. http://www.ibtimes.com/articles/20080623/old-second-bancorp-director-buys-shares.htm Mon, 23 Jun 2008 17:25:14 EDT A director at Provident New York Bancorp bought 700 shares of common stock, according to a Securities and Exchange Commission filing Friday. In a Form 4 filed with the SEC, Victoria Kossover reported she bought the shares for $11.89 apiece Thursday. http://www.ibtimes.com/articles/20080623/provident-new-york-bancorp-director-buys-stock.htm Mon, 23 Jun 2008 15:26:21 EDT Prudential Bancorp Inc. of Pennsylvania said Wednesday that its board declared a quarterly cash dividend of 5 cents per common share. The bank holding company said the dividend is payable on July 28 to shareholders of record July 14. http://www.ibtimes.com/articles/20080618/prudential-bancorp-declares-quarterly-dividend.htm Wed, 18 Jun 2008 18:27:35 EDT HopFed Bancorp, Inc. on Wednesday said its board declared a regular quarterly cash dividend of 12 cents per share. The holding company of Heritage Bank said the dividend is payable on July 16, to shareholders of record as of June 30. http://www.ibtimes.com/articles/20080618/hopfed-bancorp-declares-dividend-of-12-cents.htm Wed, 18 Jun 2008 18:00:15 EDT Lincoln Bancorp on Tuesday announced a second-quarter cash dividend of 14 cents. The Plainfield, Ind.-based holding company of Lincoln Bank will pay the dividend July 15 to shareholders of record June 30. http://www.ibtimes.com/articles/20080618/lincoln-bancorp-declares-2q-dividend-of-14-cents.htm Wed, 18 Jun 2008 17:36:52 EDT Shares of Fifth Third Bancorp plunged Wednesday morning after the financial services firm cut its dividend and moved to raise $2 billion, and Fitch Ratings slashed its ratings. http://www.ibtimes.com/articles/20080618/out-of-the-gate-fifth-third-shares-tumble.htm Wed, 18 Jun 2008 09:47:24 EDT Anchor BanCorp Wisconsin Inc.'s fiscal fourth-quarter earnings fell sharply after it set aside more capital to cover potentially bad loans, the Midwest bank said Monday. http://www.ibtimes.com/articles/20080616/anchor-bancorp-4q-profit-tumbles-on-higher-provision.htm Mon, 16 Jun 2008 17:23:14 EDT A director of Guaranty Bancorp bought 33,013 shares of stock, according to a Securities and Exchange Commission filing Friday. In a Form 4 filed with the SEC, John M. Eggemeyer III reported he bought the shares for $5.23 apiece on Friday. http://www.ibtimes.com/articles/20080616/guaranty-bancorp-director-buys-shares.htm Mon, 16 Jun 2008 13:26:43 EDT Fifth Third Bancorp may cut its dividend by up to 50 percent and need to raise fresh capital to shore up its balance sheet, an analyst said Friday. BMO Capital Markets analyst Peter Winter downgraded the Cincinnati-based company to "Market Perform" from "Outperform" and cut his price target to $16 from $25. http://www.ibtimes.com/articles/20080613/ahead-of-the-bell-fifth-third-bancorp-downgraded.htm Fri, 13 Jun 2008 08:44:28 EDT Among the stock activity stories for Thursday, June 12, from AP Financial News: NEW YORK (AP)--Shares of Fifth Third Bancorp touched a 12-year low Thursday as capital concerns continued to swirl around the banking sector. http://www.ibtimes.com/articles/20080612/movers-roundup-fifth-third-bancorp-american-owner-amr.htm Thu, 12 Jun 2008 18:24:43 EDT VSB Bancorp Inc., the parent of Victory State Bank, said Tuesday its board declared a regular quarterly dividend of 6 cents per share. The dividend is payable July 1 to shareholders of record June 20. http://www.ibtimes.com/articles/20080610/vsb-bancorp-declares-regular-dividend-of-6-cents.htm Tue, 10 Jun 2008 18:21:39 EDT