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Bank of the Carolinas Corp. in Mocksville, N.C., will be delisted from the Nasdaq after failing to maintain a market value of publicly traded shares of at least $5 million.

Florida Capital Bank in Jacksonville has raised $25 million in the last 15 months as it works to meet regulatory capital ratios and overcome a slew of problem loans.

The Federal Deposit Insurance Corp. Thursday will announce the claims process for thrift shareholders who last year won a breach-of-contract case stemming from the savings-and-loan crisis.

Pacific Mercantile Bancorp in Costa Mesa, Calif., has restructured its planned stock sale to an institutional investor in a move that will save it almost $1 million and increase a key capital ratio.

First Republic Bank in San Francisco said certain shareholders, including members of its management team, will sell up to 11.8 million shares of common stock in a secondary offering.

PrivateBancorp Inc. has named a president of personal client services to oversee a new line of business that combines some of the Chicago company's offerings.

North Carolina Gov. Bev Perdue said Tuesday that she has nominated Ray Grace to take over as the state's banking commissioner.

James E. Young, the longtime president and chief executive of Citizens Trust Bank in Atlanta, died on Monday after a brief battle with cancer. He was 62.

Southcoast Financial Corp. in Mt. Pleasant, S.C., reported a fourth-quarter loss of $4.8 million, or nearly five times larger than what it lost a year earlier.

International Bancshares Corp. in Laredo, Texas, reported that its fourth-quarter earnings fell less than 1% from a year earlier, to $27 million, as both income and expenses declined.

Flagstar Bancorp Inc. reported $29.1 million more in losses for the fourth quarter and full year after agreeing to pay up to $133 million to settle claims regarding loans insured by the Federal Housing Administration.

Two banks failed on Friday, with the Federal Deposit Insurance Corp. only finding a buyer for one of the fallen institutions.

Rockville Financial Inc. in Connecticut reported record fourth-quarter income of $4 million, up 48% from a year earlier, as net interest income and noninterest income rose.

Ames National Corp. in Iowa has agreed to acquire two branches in the north central region of the state from Liberty Bank.

The parent company of United Legacy Bank in Winter Park, Fla., is buying a large stake in a rival bank in what appears to be the first step toward building a multi-bank holding company.

Britton & Koontz Bank in Natchez, Miss., has been ordered by its regulator to immediately take steps to reduce the level of risk in its loan portfolio.

The growth-hungry Opus Bank in Irvine, Calif., is making good on its plans to grow organically alongside acquisitions.

Sterling Financial Corp. of Spokane, Wash., has laid off 6% of its full-time employees as it works to reach an ambitious efficiency ratio goal by 2013.

First Place Financial Corp. in Warren, Ohio said it was not able to file its results for the quarter ending Dec. 31, marking its sixth consecutive quarter in the dark, as its massive multi-year restatement drags on.

Provident New York Bancorp in Montebello said in a shelf registration that it may raise up to $75 million through the sale of various securities.