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Sometimes the best deal is the one that doesn't happen. That appears to be the case for Sterling Bancshares in Houston, which announced this week that it had called off its 19-branch deal with First Banks Inc. The sale was set to close by Dec. 31.

Pacific Capital Bancorp Inc. plans to sell its tax division — its most profitable line — after regulators blocked the company from making new tax loans in the coming year.

First Chester County Corp. executives have decided that selling the bank at a steep discount to another Pennsylvania company is a better option than remaining an independent, struggling institution.

Unable to gain timely regulatory approval, Metro Bancorp Inc. has again delayed its acquisition of Republic First Bancorp Inc. in Philadelphia.

Royal Bancshares of Pennsylvania announced it has terminated an agreement to sell its Royal Asian Bank unit to a group of investors.

The main culprit in last week's demise of Independent Bankers' Bank in Springfield, Ill., was not an ailing loan portfolio but poorly performing investments in other banks.

President Obama is due to meet today with 11 chief executives of community banks, following up on a meeting with the heads of larger institutions last week.

Shares of Amcore Financial in Rockford, Ill., rose Monday on roughly four times their average volume, extending a rally that began after the banking company amended a credit facility.

City National Corp. in Los Angeles expanded its asset size by roughly 5% last weekend in its largest deal to date by acquiring the failed Imperial Capital Bank in La Jolla, Calif.

Patriot National Bancorp Inc., in recently sizing up two suitors, ultimately chose a creative option that will reward shareholders based on future results rather than a rival deal providing a higher up-front share price.

Banner Corp. in Walla Walla, Wash., terminated a common stock offering Friday, citing "current market conditions."

Seven failed banks holding a combined $14 billion in assets failed Friday in what was yet another busy night for the Federal Deposit Insurance Corp.

OceanFirst Financial Corp. in Toms River, N.J., is nixing its plan to buy the $578 million-asset Central Jersey Bancorp because of a delay in getting regulatory approval.

The selling spree at Capitol Bancorp continues. The company announced Thursday that it has a definitive agreement to sell Mountain View Bank of Commerce in Colorado ...

A few companies are trying to get the government to convert its preferred shares to common ones, but Superior Bancorp in Birmingham, Ala., had an even better idea, one widely expected to inspire imitators.

The Fed on Tuesday released an agreement with 1st Pacific Bancorp of San Diego, and the company's subsidiary, 1st Pacific Bank of California.

Despite raising nearly $620 million in capital this year, Flagstar Bancorp announced that it will be turning to shareholders for as much as $500 million through a rights offering.

The troubled Amcore Financial Inc. in Rockford, Ill., announced Monday that it sold $135 million of loans. The now $4 billion-asset company said in a press release that the loans were not strategic or relationship oriented.

Self-Help Federal Credit Union in Oakland has asked California regulators for permission to acquire the struggling El Futuro Credit Union in Porterville.

Capital Bank Corp. of Raleigh said Monday that it has a letter of intent to sell a 9.9% stake to Patriot Financial Partners LP, a private-equity firm in Philadelphia, as part of an offensive capital raise.