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.

Only those organizations that look broadly at what is happening to form an appropriate strategy and integrate that strategy into a plan for implementation can thrive in this environment.

Well-designed regulations can help protect consumers from the harm that markets can do but regulations don't rebuild reputations. Values do.

Kearny Financial Corp. agreed to acquire Central Jersey Bancorp for $72.3 million, a deal which will help Kearny expand in central New Jersey and add to its community banking expertise.

Fidelity Southern Corp. in Atlanta said Tuesday that it plans to sell up to $57.5 million in new shares to raise capital partly for growth.

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

The Small Business Administration will run out of funds this week for two successful lending initiatives, which have reduced fees for borrowers and lenders and raised loan guarantees.

Editor's Note: The following is a news release based on a report issued yesterday. Collections & Credit Risk wants to know what you think about the report. Contact Darren Waggoner at 815.463.9008 or darren.waggoner@sourcemedia.com.

An estimated 425 different collection agencies and creditors are named in 495 consumer statute lawsuits filed nationwide in the first half of May, according to data from U.S. District Court complaint dockets. The 15-day total is the lowest for a two-week period since early February, when consumers sued 293 different agencies and creditors.

ShoreBank is important because it is there in good times and bad for ordinary working people who want to expand a small business or just cash a check without being ripped off.

Sterling Financial Corp. in Spokane said Monday it has reached an agreement in which it will receive a combined $278 million from Warburg Pincus LLC and Thomas H. Lee Partners LP as it continues with a recapitalization effort.

While all of the big banks have repurchased or converted preferred stock, and two-thirds of the regionals have followed suit, community banks are expected to hold the vast majority of unpaid Tarp funds on their balance sheets by the program's two-year anniversary.

Oneida Financial Corp. of New York said it has received conditional regulatory approval to commence its second-step conversion from a mutual to a stock company.

NorCal Community Bancorp of Alameda, Calif., posted a $2 million first-quarter loss, compared with net income of $340,000 a year earlier.

The thrift industry reported a $1.82 billion profit in the first quarter, the third consecutive quarterly profit since the financial crisis began, the Office of Thrift Supervision said Monday.

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.

Small business entered the recession with too much leverage compared with big business, some economists argue, and, in some respects, their debt burdens have gotten worse.

CORDOVA, Tenn. – HealthNet FCU opened a new main office last week that includes a branch office with drive-up service, a night depository and ATM.

LATHRUP VILLAGE, Mich. – Michigan First CU will open a new branch today in a Meijer store in Rochester Hills, the third new branch opened by the $550 million credit union in the past nine months.

Losses at corporate credit unions continue to pile up at an accelerated pace, raising doubts about their ability to continue as "going concerns."