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United Security Bancshares Inc. in Thomasville, Ala., reported a fourth-quarter loss of $9.5 million, compared with a loss of $6.5 million a year earlier, as it recorded a $4.1 million goodwill impairment charge to reflect continued weakness in its real estate portfolio.

Seacoast Commerce Bank in Chula Vista, Calif., will open its first loan-production office in Utah.

Orrstown Financial Services Inc. in Shippensburg, Pa., said it expects to reach formal agreements with regulators that could require it to strengthen its credit risk management practices.

United Community Financial Corp. in Youngstown, Ohio reported a fourth-quarter profit of $7.9 million, compared with a loss of $17.3 million a year earlier, after selling four branches.

Peoples Financial Corp. in Biloxi, Miss., revised its fourth-quarter and 2011 results to record an additional $660,000 for its loan-loss provision.

Coming off its fourth-straight money-losing year, United Bank of Philadelphia is under orders from state and federal regulators to clean up its loan portfolio, improve its capital ratios and submit to regulators a detailed plan for returning to profitability.

HomeStreet Inc.'s chief financial officer is resigning at the end of the month after helping the once-battered Seattle banking company recapitalize.

Highlands Bankshares Inc. in Petersburg, W. Va., will combine the roles of chairman and chief executive in May.

Despite strong asset and deposit growth, First PacTrust Bancorp Inc. swung to a loss in the fourth quarter as the Irvine, Calif., company sharply increased its loan-loss provision to reflect both a surge in total loans and an increase in impaired loans.

ECB Bancorp Inc. will no longer buy the deposits and certain assets of seven North Carolina branches from Hampton Roads Bankshares Inc. in Norfolk, Va., after funding for the deal fell through.

Tom Grady resigns after eight months on the job to temporarily lead Florida's biggest insurer.

MB Financial Inc. in Chicago has repurchased $196 million of preferred shares issued to the Treasury Department as part of the Troubled Asset Relief Program.

Wintrust Financial Corp. in Lake Forest, Ill., will raise up to $126.5 million in capital through a preferred stock offering.

Southside Bancshares in Tyler, Texas, will restate its financial results for 2010 and 2011 to reflect an impairment charge for Federal Home Loan Bank option fees and changes in the fair value of certain securities.

The Federal Reserve has reached a written agreement with Central Bancorp Inc. in Garland, Texas.

First Republic Bank in San Francisco has opened a trust company in Delaware as it looks to gain a greater market share of affluent households.

Suffolk Bancorp in Riverhead, N.Y., has hired a New York banking veteran as chief lending officer and picked a chief credit officer.

Great Western Bancorp. Inc. of Watertown, S.D., has agreed to buy North Central Bancshares Inc. in Fort Dodge, Iowa, for $41.5 million.

TCF Financial Corp. will take a $293 million hit in the first quarter after it decided to restructure its balance sheet while it looks to expand its specialty finance operations.

Two small Kansas banks that have been discussing a merger for much of the past year have finally pulled the trigger on a deal.