CIB Marine Bancshares Inc. is facing bankruptcy because it owes more money on its trust-preferred securities than it can afford to pay.

With the pending sale of its Colorado branches, the pressure to raise capital is off for First State Bancorp. in Albuquerque, but it still must contend with rising problem loans.

To the Editor:

Citing deteriorating credit quality, TIB Financial Corp., of Naples, Fla., said Thursday it lost $13.3 million in the fourth quarter, roughly double the amount it lost a year earlier.

In his first two and a half months as the chief executive of First Federal Bankshares Inc. in Sioux City, Iowa, Levon Mathews has cut expenses by trimming jobs and selling a branch.

Under regulatory pressure to raise capital, First State Bancorp. in Albuquerque is selling its Colorado branches to Great Western Bank in Watertown, S.D.

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DULUTH, Minn. – Duluth Teacher’s CU is planning to sell a vacant lot it owns to help it finance a new scholarship program.

Park Avenue Bank in New York said Tuesday that its board members and other investors recently gave it a $25 million cash infusion.

Manhattan Bancorp in El Segundo, Calif., is trying to revive the mortgage conduit business model practiced several years ago by Wall Street firms.

Camco Financial Corp. in Cambridge, Ohio, has revised its fourth-quarter results, saying it lost $2.3 million more than it previously reported.

The Office of Thrift Supervision has ordered Home Federal Savings Bank in Detroit to sell itself.

With the banking industry wounded from the financial crisis, credit unions are hoping lawmakers will finally pass a bill allowing them to expand their business lending.

CommerceWest Bank in Irvine, Calif., announced Friday that it has agreed to acquire Discovery Bancorp in San Marcos, Calif., in an all-stock transaction.

A North Carolina banking deal is in danger of being undone, quite unusually, from the inside out.

ST. FRANCISVILLE, La. – Feliciana FCU, which has served the employees of the shuttered Tembec paper mill for four decades, announced last week it has shut down its branch here and put the building up for sale, the latest of a slew of credit union responses to the declining national economy.

Amcore Financial Inc. in Rockford, Ill., has bought itself some time to raise capital by deferring the interest payments on its trust-preferred securities.