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BankAtlantic Bancorp Inc. in Fort Lauderdale, Fla., has given bondholders another month to cash out trust-preferred securities.

After flying under the radar for much of the recession, the Pacific Northwest has been hit with a string of failures — and more choppiness lies ahead.

Five years after it began offering financial services to its underbanked clientele, Rent-A-Center Inc. is renewing its commitment to the sector.

Despite a $500 million recapitalization plan, Pacific Capital Bank in Santa Barbara, Calif., is being ordered to boost capital.

First Southern Bancorp Inc. has paid the Treasury Department $11.5 million, repurchasing all of its outstanding preferred stock in the Troubled Asset Relief Program.

Nevada saw its third failure of the year late Friday, with the collapse of $480 million-asset Nevada Security Bank in Reno.

Nevada saw its third failure of the year late Friday, with the collapse of $480 million-asset Nevada Security Bank in Reno.

Old Harbor Bank said Thursday that Anthony N. Leo would take over as chief executive to handle its restructuring and lead its new growth strategies. The $243 million-asset thrift also announced a new capital raise in conjunction with the executive shuffle as the bank tries to redeem itself from being undercapitalized.

Regulators are clamping down on Hampton Roads Bankshares Inc. in Virginia, despite a private-equity recapitalization plan.

The $4.3 billion-asset company is seeking twice as much money as it did in December, when it came to the market to raise $75 million but couldn't drum up enough interest to complete the offering.

Simply put, experts respond, what goes down must come up. Florida was one of the first states to feel the pain of the crisis, and most analysts and private-equity groups see a bottoming out in the real estate and banking markets happening there before it occurs in similarly troubled states such as Arizona, California and Nevada, or in most of the other states in the Southeast.

PNC Financial Services Group Inc. has struck an ATM branding deal with Cardtronics Inc. The Houston automated teller machine operator said Thursday that PNC's brand would appear on the money machines it operates at all of Hess Corp.'s 230 service stations in Florida.

StellarOne Corp. of Charlottesville, Va., wants to raise up to $60 million in capital, mainly to improve its liquidity and capital, and to repurchase its Troubled Asset Relief Program investments.

Encore Bancshares Inc. of Houston has filed a shelf registration with the Securities and Exchange Commission to raise up to $75 million in capital.

A month after holders of trust-preferred securities scoffed at a heavily discounted exchange, Pacific Capital Bancorp in Santa Barbara, Calif., has agreed to raise its offer.

The $2.6 billion-asset Denver company said Tuesday that it had agreed to buy Legent Clearing LLC, an Omaha securities clearing firm, for $13 million in cash and $2.7 million in stock. The timing is noteworthy: United Western faces a June 30 deadline to raise capital at its thrift.

NASB Financial Inc. in Grandview, Mo., reported earnings of $3.2 million for the quarter that ended March 31, down 32% from a year earlier. The $1.4 billion-asset company announced the earnings late Monday, saying its second-quarter results were driven by increased credit costs.

CNB Financial Corp. in Clearfield, Pa., Tuesday announced the pricing of its $29.7 million common stock offering. The $1.2 billion-asset company said it will sell 2.9 million shares at $10.25 a share, a 10.6% discount to the company's closing stock price on June 8, the day before the capital-raising effort was announced.

MidFlorida Credit Union, one of the state's healthiest big credit unions, has agreed to acquire the troubled Bay Gulf Federal Credit Union in the latest in a series of large credit union mergers shaking up the market in the Sunshine State.

The $2.2 billion-asset company announced Tuesday that it has received $35 million of fresh capital through a private placement led by Aquiline Capital Partners LLC, a New York private-equity firm that includes former Wachovia Corp. Chief Executive Ken Thompson.