Colonial Execs May Tap $1.5M Fund
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- Colonial of Ala. Adopts Derivatives Hedges. Hochstein, Marc // American Banker;12/23/1998, Vol. 163 Issue 244, p11
Reports on Colonial Bancgroup's adoption of more sophisticated mortgage hedging techniques after a $30 million writedown of its servicing portfolio. Use of treasury futures and options to hedge prepayment risk; Significance of the move to Colonial Bancgroup.
- Colonial of Ala. Switching Growth Focus to De Novos. Boraks, David // American Banker;12/13/2002, Vol. 167 Issue 238, p24
Reports on the expansion plans of Montgomery, Alabama-based financial company Colonial BancGroup Inc. Increase in the number of branches; Number of company's branches; Total assets of the company; Steps taken by the company to increase its non-interest income.
- Colonial Wins Ruling on Deferred Pay. // American Banker;6/29/2010, Vol. 175 Issue 99, p16
The article reports that bankruptcy judge Dwight H. Williams Junior has ruled that money in deferred compensation owed to Colonial Bancgroup Incorporated, the parent company of Colonial Bank, was the property of its bankruptcy estate.
- Colonial Asks Court to Free Up $12.5M. // American Banker;11/29/2010, Vol. 175 Issue 182, p15
The article reports on the 2010 plans that Colonial BancGroup Inc. has to ask a U.S. Bankruptcy Court in Montgomery, Alabama to have access to $12.5 million in cash in a bank account that is currently involved in a dispute with the Federal Deposit Insurance Corp.
- Colonial BancGroup Still Expanding Its Margin. Cornwell, Ted // National Mortgage News;10/31/2005, Vol. 30 Issue 6, p30
Reports on the financial performance of Colonial BancGroup Inc. for the third quarter of 2005 in the U.S. Increase in revenue; Net profit; Citations on the factor behind the company's net interest margin.
- Colonial Hits Street 3Q Target. Davis, Paul // American Banker;10/18/2007, Vol. 172 Issue 201, p18
This article reports that Colonial BancGroup Inc. reported third-quarter earnings that met Wall Street expectations, largely as a result of expense control. The $23.9 billion-asset company's earnings rose 4.5% from the second quarter and 2.1% from a year earlier, to $69.4 million, or 45 cents a...
- Tarp Funds Aside, Capital Remains Issue at Colonial. Kuehner-Hebert, Katie // American Banker;12/5/2008, Vol. 173 Issue 234, p16
The article discusses Colonial BancGroup Inc., reporting that despite receiving preliminary approval to receive $550 million in preferred stock for the U.S. government's Troubled Asset Relief Program (TARP), analysts aren't sure the money will be enough for the company to survive the 2008...
- Fledgling local lender makes an impact. Miller, Valerie // Las Vegas Business Press;8/19/2002, Vol. 19 Issue 33, p11
Presents news related to finance in Nevada as of August 19, 2002. Bank of Commerce's announcement that it has retained impress communications as its public relations and advertising agency; Quarterly dividends given by Colonial BancGroup Inc. to its shareholders.
- Colonial Expands Its Offering. Davis, Paul // American Banker;4/23/2008, Vol. 173 Issue 78, p20
The article reports that Colonial BancGroup Inc. increased its common stock offering to 38 million shares, and said it would sell them at the discounted rate of $8 a share, in the wake of the firm's first-quarter 2008 earnings falling shy of Wall Street estimates. Colonial also issued $350...