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First State Bancorp. in Albuquerque confirmed that its banking subsidiary was in discussions with potential investors about a recapitalization.

Donegal Financial Services Corp. and Union National Financial Corp. said they have amended their acquisition agreement after Donegal Financial's stock price fell $3.86 a share since the deal was announced in April.

Atlantic Coast Federal Corp. in Waycross, Ga., has appointed veteran banker Jay S. Sidhu as executive chairman of its Atlantic Coast Bank unit, a move that could help the company complete its second-step conversion.

Operating a community bank in foreclosure-ravaged South Florida is challenging. Starting one just before the financial crisis hit is even more so.

Old Line Bancshares Inc. in Bowie, Md., plans to acquire Maryland Bankcorp Inc. in a cash-and-stock deal valued at $20 million.

David Frase, executive vice president in charge of warehouse lending at the thrift Southwest Securities has left the company, industry officials confirmed.

Atlantic Coast Federal Corp. in Waycross, Ga., has appointed veteran banker Jay S. Sidhu as executive chairman of its thrift, mirroring a position he has held at the company since May.

Patriot National Bancorp Inc. in Stamford, Conn., has extended the deadline for its recapitalization deal for a second time.

The Office of Thrift Supervision has denied United Western Bancorp Inc.'s request to make payments on its line of credit with JPMorgan Chase & Co.

Comerica Inc. said Wednesday that it will take a $4.7 million charge in the fourth quarter to cover costs of the early redemption of $500 million of trust-preferred securities.

Premier Financial Bancorp Inc. in Huntington, W.Va., plans to roll up five of its unit banks into one. The $1.1 billion-asset multibank holding company said Tuesday it would merge these units: Boone County Bank in Madison, W.Va.; First Central Bank in Philippi, W.Va.; Traders Bank in Ravenswood, W.Va.; Adams National Bank in Washington; and Consolidated Bank and Trust in Richmond, Va. The combined entity would have $800 million of assets.

An inventor claiming to hold a patent on nonfinancial functions delivered through automated teller machines is stepping up his legal dispute with Cardtronics Inc.

New Century Financial is taking the concept of trying to succeed where others have failed to an extreme. The commercial finance company, based in The Woodlands, Texas, filed a de novo bank application in July with state officials at a time when startup banks are nearly extinct.

The $3 billion-asset company filed an exchange offer memorandum Monday with the Securities and Exchange Commission, commencing offers to exchange newly issued shares of common stock for outstanding shares of Series A and B preferred stock.

Cascade Bancorp's lead investors are giving the company two more weeks to find additional capital.

Stonegate Bank in Fort Lauderdale, Fla., said Tuesday it has agreed to buy Southwest Capital Bank in Fort Myers, Fla., for $9.4 million in an all-stock transaction.

Pinnacle Bancorp Inc. has agreed to acquire American National Bank of Fremont, the Nebraska companies announced Tuesday.

San Antonio Federal Credit Union in Texas has acquired Mountainside Financial, a broker for mobile and manufactured home lending.

American Home Mortgage Servicing Inc. of Coppell, Texas, faces charges by Texas investigators of using unlawful and aggressive collection tactics and improperly misleading homeowners, according to Attorney General Greg Abbott's office.

Carver Bancorp Inc., owner of the nation's largest African- and Caribbean American-run bank, reduced the dividend rate it pays to the government by shifting to another federal program.