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American Bank reports record year
Allentown-based American Bank reported record quarterly and annual earnings, driven by loan and deposit growth as total assets surpassed $1 billion.
First Commonwealth Equipment Finance Group shows strong growth
First Commonwealth Bank’s Equipment Finance Group ranks No. 90 on Monitor Daily’s Top 100 after just three years, with $427M in total assets.
American Bank reports increased income
Allentown-based American Bank posts 80.5% Q2 net income jump, with strong loan growth, lower non-performing loans, and rising total assets and deposits.
Community Bank to acquire 7 Santander branches in LV
Community Bank will acquire seven Santander branches in the Lehigh Valley, adding $600M in deposits and expanding its retail footprint to 12 locations.
Peoples Security names commercial lending officer for Lehigh Valley
Peoples Security Bank & Trust Co. has hired Carmen Flosdorf as vice president commercial lending officer. She will be based at the West Tilghman Street branch office in Allentown.
