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Higher mortgage-banking revenue, more net interest income, and a lower provision for loan losses drove profit higher at M&T Bank Corp. (NYSE: MTB) in the third quarter. Expenses also fell in the period by 7 percent from a year earlier as the integration of Wilmington Trust Corp., which M&T acquired last year, is now complete. Profit […]
Earnings tumble at Oneida Financial after impairment
ONEIDA — Third-quarter earnings fell at Oneida Financial Corp. (NASDAQ: ONFC) as an asset impairment combined with a decrease in interest income and an increase
Q3 earnings slide at Alliance Financial
SYRACUSE — Third-quarter profit at Alliance Financial Corp. (NASDAQ: ALNC) fell more than 37 percent from a year earlier to $2.3 million, or 48 cents
Profit falls at Pathfinder Bancorp
OSWEGO — Net income available to common shareholders at Pathfinder Bancorp (NASDAQ: PBHC), the holding company for Pathfinder Bank, was $670,000 in the third quarter,
Profit at Berkshire Hills rises in third quarter
Net income at Berkshire Hills Bancorp, Inc. (NASDAQ: BHLB) rose to $10 million, or 46 cents a share, in the third quarter. That’s up from
Community Bank earnings drop after branch deal
DeWITT — Third-quarter profit slipped 8 percent at DeWitt–based Community Bank System, Inc. (NYSE: CBU) to $18.4 million, or 46 cents a share. Acquisition costs
Earnings fall at Tompkins Financial on acquisition costs
ITHACA — Acquisition costs of $8.4 million pushed profit lower at Tompkins Financial Corp. (NYSE Amex: TMP) in the third quarter. The Ithaca–based banking company
Third-quarter earnings slip at NBT as merger costs rise
NORWICH — NBT Bancorp, Inc., (NASDAQ: NBTB), which recently announced plans to merge with Alliance Financial Corp., saw its earnings drop in the third quarter,
Berkshire Hills expands CNY presence
DeWITT — Berkshire Hills Bancorp, Inc. (NASDAQ: BHLB) has completed its acquisition of DeWitt–based Beacon Federal Bancorp, Inc. (NASDAQ: BFED). Beacon Federal has about $1 billion
Countryside Federal becomes SBA 7(a) lender
DeWITT — Countryside Federal Credit Union agreed this morning to participate in the U.S. Small Business Administration’s (SBA) main business loan program. Countryside Federal is
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