article thumbnail

Eagle in Maryland gains 'flexibility' to raise capital after loss

American Banker

This month, it filed a shelf registration statement for an offering of up to $150 million that could be used to bolster capital or refinance debt. The bank took a big hit on an office property in Washington, D.C., during the first quarter.

article thumbnail

The top-performing community banks of 2021

Independent Banker

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success. Philadelphia.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Veteran community banker Mary Ann Scully to join Capital Bank's board

American Banker

Scully, who founded and then eventually sold Howard Bank, will help the Rockville, Maryland-based Capital expand its footprint in the Washington, D.C., metro area.

Capital 28
article thumbnail

Capitalize on social payments

Independent Banker

So how do social payments fit in community banks’ long-term future? Those behaviors may pose a real threat to community banks. The community bank opportunity. But among these competitive concerns, possibilities emerge for community banks. By Colleen Morrison. billion,” says Giorgio. DJ Seeterlin, Chesapeake Bank.

Capital 94
article thumbnail

A fund for diverse tech companies

Independent Banker

First National Bank and Black Tech Nation Ventures teamed up to support minority-owned startups in the Pittsburgh community and beyond. Driven by her goal to cultivate a supportive community for diverse tech startups, Kelauni Jasmyn founded the fiscally sponsored nonprofit Black Tech Nation in Pittsburgh in 2018. By Elizabeth Judd.

Company 110
article thumbnail

5 payments trends you should know about

Independent Banker

Here’s how community banks can enhance their payments offerings. We’ve got capital market resets that are potentially happening, technology advancements and continued heightened digital expectations. As 2023 kicks off, community banks can respond to today’s payments landscape by addressing five key trends. By Colleen Morrison.

Trends 140
article thumbnail

Clear Mountain Bank reaches new heights

Independent Banker

The West Virginia community bank is helping small-business customers get the financing they need while continually seeking new ideas to plan for its own future. Commercial clients make up nearly 60% of the loan portfolio at the $850 million-asset community bank based in Bruceton Mills, W.Va. By Mindy Charski. Name: Clear Mountain Bank.