Robert Barba

Cascade Bancorp's lead investors are giving the Bend, Ore., company more time to find additional capital.

The competition for failed banks in Florida is so intense that the private-equity financier Wilbur L. Ross Jr. went looking for greener pastures. He found them in Michigan.

More than two months after regulators issued what ordinarily are final warnings to Bank of Florida Corp., the company's banks have received a fresh set of marching orders.

Sterling Financial Corp. in Spokane announced Wednesday that the Treasury Department has approved the two lead investors in its recapitalization effort.

Hanmi Financial Corp. of Los Angeles has finally found the capital it needs, but its source — an entity largely owned by the South Korean government — may give regulators pause.

Horizon Bancorp. Inc. in Bradenton, Fla., is hoping a last-minute private placement will keep its critically undercapitalized bank from failing.

Nine months after it unsuccessfully sought to raise capital in the public market, Hampton Roads Bankshares Inc. in Norfolk, Va., has persuaded private-equity firms to get on board.

Often finding the start-up route clogged, former bank executives looking to restart their careers are finding ready re-entry platforms via small-bank acquisitions.

The Federal Reserve has ordered Albina Community Bancorp in Portland, Ore., to serve as a source of strength to its struggling community development bank.

Astoria Financial Corp. in Lake Success, N.Y., says it wants to be ready to raise capital should it need it.

Cadence Financial Corp. in Starkville, Miss., plans to raise as much as $92 million to satisfy a recent regulatory consent order.

A day after financial companies banded together to rescue ShoreBank in Chicago with a $140 million investment, two Republican lawmakers are asking President Obama about his involvement.

The lifeline that ShoreBank in Chicago has been thrown by some of the nation's largest financial companies could turn out to have benefits for other community development banks.

ShoreBank in Chicago succeeded Monday night in pulling together the necessary private investment commitments to secure a lifeline from the Treasury Department.

As a similarly named neighbor was being taken over by regulators, First Midwest Bancorp Inc. decided to assert its strength.

Following its acquisition of Midwest Bank and Trust Co., FirstMerit Corp. is looking to beef up capital.

Despite aggressive efforts to stay alive, Midwest Bank and Trust was closed late Friday by Illinois regulators. The failure of the Chicago-area bank came on a night when the FDIC ...

Bryn Mawr Bank Corp. in Pennsylvania has announced plans to raise about $25 million in capital as it considers acquisitions.

Despite aggressive efforts to stay alive, Midwest Bank and Trust Co. was closed late Friday by Illinois regulators. The failure of the $3.2 billion-asset, Chicago-area bank came on a night when the Federal Deposit Insurance Corp. also found buyers for three other institutions, bringing the year's failure total to 72.

Bank of Granite Corp. of Granite Falls, N.C., said last week that its bank unit is undercapitalized.