Mercantile expands into Ohio
Michigan’s Mercantile Bank is expanding into the Ohio market with the opening of a new mortgage lending center in Cincinnati. [Continue]
Michigan CU buying bank
United Federal Credit Union in St. Joseph, Mich., has agreed to acquire Edgewater Bank, St. Joseph. [Continue]
Bank First closing branch
Manitowoc, Wis.-based Bank First is planning to close its branch in Weyauwega, Wis., in January. [Continue]
Lake Trust CU buying bank branch
Hastings, Mich.-based Lake Trust Credit Union is buying a branch in Hastings from Mercantile Bank of Michigan, Grand Rapids. [Continue]
Gregerson, Lehman receive IBA awards
Karen Gregerson, president and CEO of The Farmers Bank, Frankfort, and Jessica Lehman, director of agribusiness banking at the Portland, Ind., office of First Financial Bank, Cincinnati, have received awards from the Indiana Bankers Association. [Continue]
Kansas bank fails
Almena State Bank of Almena, Kan., was closed by the Kansas Office of the State Bank Commissioner on Friday. [Continue]
Earnings dip for active Indiana PPP lender
First Merchants, Muncie, Ind., reported income of $33 million for the second quarter compared to $41.1 million during the same period last year. [Continue]
First Midwest closing branches
Chicago’s First Midwest Bank is consolidating 17 branches early next year, or about 15 percent of its network. [Continue]
United Fidelity assumes deposits of Florida bank
First City Bank of Florida, Fort Walton Beach, was closed Oct. 16, and its deposits were assumed by United Fidelity Bank, Evansville, Ind. [Continue]
Kansas bank buoyed by agriculture
Landmark National Bank in Manhattan, Kan., posted a record $5.1 million earned in the second quarter, compared to $2.1 million the same period last year, based largely on the influx of PPP loans. [Continue]