Nonperforming assets continued to rise at an already stressed Citizens Republic Bancorp of Flint, Mich., in the second quarter, as the Michigan economy deteriorated further.

With loan trouble continuing to escalate, United Community Banks Inc. in Blairsville, Ga., swung to a $23.1 million operating loss in the second quarter, from a $7.1 million operating profit a year earlier.

Recognizing the cash crunch many small businesses are facing, a Colorado banking company has come up with a plan to help them increase their visibility — and, it's hoped, their sales — without increasing their marketing budgets.

Despite a boost from the sale of its Colorado branches, First State Bancorp in Albuquerque said Thursday that it lost $6.2 million in the second quarter.

Capitol Bancorp Ltd. has spent years expanding into growth markets to offset the sputtering Michigan economy. But now Capitol, sputtering itself, is practically dumping its home state.

Guaranty Financial Group Inc. in Austin, Tex., is conceding defeat. The $14.4 billion-asset company said late Thursday that its thrift unit is essentially being run by the Office of Thrift Supervision and is likely to be seized soon.

FT. LAUDERDALE, Fla. – BrightStar CU said it plans to re-open its Hollywood branch.

NILES, Mich. – United FCU broke ground on a second Niles branch across from the Wal-Mart on July 13.

Retail deposit rates by product line

SOUTHEAST

Like New Orleans next door, Omni Bank in Metarie, La., is undergoing a reincarnation of sorts. The $750 million-asset bank has hired new management and is shifting its focus from residential loans to commercial and industrial. Plus, plans are being made to bulk up through acquisitions.

Though its Florida bank unit continued to struggle, Park National in Newark, Ohio, earned $19.9M in the 2Q, a 9.2% increase from a year earlier.

Attorneys general in Ohio and West Virginia yesterday filed separate lawsuits against National Enterprise Systems Inc. (NES), a Solon, Ohio-based collection agency, for allegedly using collection methods that violate state and federal laws.

Though its Florida bank unit continued to struggle, Park National in Newark, Ohio, earned $19.9M in the second quarter, a 9.2% increase from a year earlier.

As it prepares to report an anomalous quarterly loss, West Bancorp. Inc. in West Des Moines is searching for a new chief executive officer.

East West Bancorp Inc. in Pasadena, Calif., which has raised $168.9 million of common equity in the past several weeks, is trying to bring in more.

S&T Bancorp Inc. in Indiana, Pa., said Monday that it swung to a $10.2 million loss in the second quarter, from a $13.9 million profit a year earlier, mostly because chargeoffs spiked to $34.6 million, or 3.91% of average loans.

Meridian Interstate Bancorp in Boston said Monday it has agreed to acquire the struggling Mt. Washington Co-operative Bank in South Boston.

First Niagara Financial Group Inc. in Lockport, N.Y., said Friday that its second-quarter profit slipped 10% from a year earlier, to $20.8 million.