CPBJ - Banking and Finance http://www.cpbj.com/section/banking_finance Banking and Finance News Banking and Finance en-us Copyright 2015 Central Penn Business Journal Wed, 04 Mar 2015 02:04:36 EST Wed, 04 Mar 2015 02:04:36 EST http://www.cpbj.com/article/20150302/CPBJ01/150309988&source=RSS Mid Penn finalizes Phoenix Bancorp acquisition Millersburg-based Mid Penn Bancorp Inc. has completed its merger of Minersville-based Phoenix Bancorp Inc. , the parent company of Mid Penn Bank said today. Mon, 02 Mar 2015 08:35:00 EST http://www.cpbj.com/article/20150302/CPBJ01/150309988&source=RSS http://www.cpbj.com/article/20150227/CPBJ01/302269995&source=RSS Centric Bank making moves for future with OTC ticker symbol application Centric Bank will make the next step in its eight-year history this spring when it obtains a ticker symbol from the over-the-counter market. Thu, 26 Feb 2015 11:45:00 EST http://www.cpbj.com/article/20150227/CPBJ01/302269995&source=RSS http://www.cpbj.com/article/20150227/CPBJ01/150229791&source=RSS Metro sets 2015 executive salaries, bonuses for 2014 Metro Bancorp Inc. Chairman, President and CEO Gary Nalbandian received a near-100,000 cash bonus for his 2014 performance, according to a document filed this week with the Securities and Exchange Commission. Thu, 26 Feb 2015 13:05:00 EST http://www.cpbj.com/article/20150227/CPBJ01/150229791&source=RSS http://www.cpbj.com/article/20150227/CPBJ01/150229754&source=RSS Newsmakers Banking and Finance Businesses featured this week Conrad Siegel Actuaries, York Independents Inc. Fri, 27 Feb 2015 11:30:00 EST http://www.cpbj.com/article/20150227/CPBJ01/150229754&source=RSS http://www.cpbj.com/article/20150227/CPBJ01/150229771&source=RSS The Hershey Co. names new chief financial officer The Hershey Co. appointed Patricia A. Little as senior vice president and chief financial officer, effective March 16. Fri, 27 Feb 2015 08:21:00 EST http://www.cpbj.com/article/20150227/CPBJ01/150229771&source=RSS http://www.cpbj.com/article/20150227/CPBJ01/150229780&source=RSS In brief Net income down overall for banks but rising for community banks Net income for commercial banks and savings institutions was down 7. 3 percent in the fourth quarter of 2014, though the Federal Deposit Insurance Corp. blamed the drop on litigation issues at some large banks. Thu, 26 Feb 2015 17:08:00 EST http://www.cpbj.com/article/20150227/CPBJ01/150229780&source=RSS http://www.cpbj.com/article/20150226/CPBJ01/150229808&source=RSS Susquehanna, BBT merger lawsuits settled The lawsuits opposing the merger of Lititz-based Susquehanna Bancshares Inc. and BBT Corp. of North Carolina have been settled, according to a filing with the Securities and Exchange Commission. Thu, 26 Feb 2015 09:30:00 EST http://www.cpbj.com/article/20150226/CPBJ01/150229808&source=RSS http://www.cpbj.com/article/20150226/CPBJ01/150229819&source=RSS Pa. pension reform PICPA sees 'growing pressure' to act Could this be the year state lawmakers address public-sector and municipal pension reforms? Thu, 26 Feb 2015 08:30:00 EST http://www.cpbj.com/article/20150226/CPBJ01/150229819&source=RSS http://www.cpbj.com/article/20150225/CPBJ01/150229844&source=RSS Integrity shareholders back ST merger Shareholders of Integrity Bancshares Inc. approved the company's merger with ST Corp. on Tuesday night, with about 82 percent of the vote in favor of the deal. Wed, 25 Feb 2015 09:59:00 EST http://www.cpbj.com/article/20150225/CPBJ01/150229844&source=RSS http://www.cpbj.com/article/20150224/CPBJ01/150229865&source=RSS Town hall on pension reform slated for late March What would pension reform look like in Pennsylvania and how would it affect the commonwealth? Tue, 24 Feb 2015 15:27:00 EST http://www.cpbj.com/article/20150224/CPBJ01/150229865&source=RSS http://www.cpbj.com/article/20150223/CPBJ01/150229915&source=RSS Audit Pa. legislative surplus grew by nearly 8M last year Legislative spending in Pennsylvania increased last year, but so did the surpluses in the General Assembly. Mon, 23 Feb 2015 11:45:00 EST http://www.cpbj.com/article/20150223/CPBJ01/150229915&source=RSS http://www.cpbj.com/article/20150223/CPBJ01/150229951&source=RSS Armstrong World Industries spinning off its flooring business, beats Q4 adjusted earnings Manor Township-based Armstrong World Industries Inc. announced today it is spinning off its flooring business into a separate public company as it also reported mixed earnings for the fourth quarter. Mon, 23 Feb 2015 08:36:00 EST http://www.cpbj.com/article/20150223/CPBJ01/150229951&source=RSS http://www.cpbj.com/article/20150220/CPBJ01/150219746&source=RSS Deadline coming up for Integrity shareholders The deadline for shareholders of Integrity Bancshares Inc. to decide how they want to receive their compensation from the merger with ST Bancorp Inc. is set for close of business Feb. 25. Wed, 18 Feb 2015 16:36:00 EST http://www.cpbj.com/article/20150220/CPBJ01/150219746&source=RSS http://www.cpbj.com/article/20150220/CPBJ01/150229976&source=RSS Newsmakers Banking and Finance Businesses featured this week Bridgeford Trust Co. , Metro Bank Fri, 20 Feb 2015 11:18:00 EST http://www.cpbj.com/article/20150220/CPBJ01/150229976&source=RSS http://www.cpbj.com/article/20150220/CPBJ01/150229980&source=RSS PNC report Midstate economy has 'tools' for 2015 rebound Economists from PNC Financial Services Group Inc. predict the region will have the tools to improve its economy in 2015. Fri, 20 Feb 2015 09:37:00 EST http://www.cpbj.com/article/20150220/CPBJ01/150229980&source=RSS