Location Root Tag

Though it is weighed down by bad construction loans and short on capital, Baytree National Bank and Trust in Lake Forest, Ill., is engineering a rescue.

The Federal Reserve has announced enforcement actions against two banking companies in Washington State and one in Kansas.

The Minneapolis company announced Wednesday that it is seeking buyers for Citizens National Bank of Teague, Madisonville State Bank in Madisonville and North Houston Bank in Houston.

B of I Holding Inc. in San Diego has filed a shelf registration to raise up to $125 million of capital.

The significantly undercapitalized Charter Bank in Sante Fe, N.M., must come up with a plan to sell itself if it cannot boost its capital ratios by yearend.

Shares of Severn Bancorp Inc. fell Tuesday after the Annapolis, Md., company announced that it has come under more regulatory scrutiny.

Mercantile Bancorp Inc. is shedding half its banks in a series of deals that illustrates the financial contortions some companies need to survive the recession.

Washington Banking Co. started a public offering of at least $30 million of its common stock as the small northwest Washington company looks to boost its capital levels.

Cardtronics Inc.'s return to profitability is making it harder for the automated teller machine operator to find a chief executive to its liking.

Regulators closed Commerce Bank of Southwest Florida Friday, the Sunshine State's third failure in a week.

First National Bank of Florida in Milton has agreed to use core banking technology from Jack Henry & Associates, again.

With its bank unit low on capital, PremierWest Bancorp in Medford, Ore., is planning to raise up to $36 million in a rights offering.

Bank of Florida in Naples, which is under regulatory pressure to raise capital, has postponed a $135 million stock offering, saying market conditions have deteriorated.

When it comes to pristine loan portfolios, Malaga Financial is among the truly elite. It had zero nonperforming loans at the end of the third quarter, a distinction shared by only 6.5% of banks and thrifts nationwide.

Westamerica Bancorp. bought back the remaining preferred shares sold to the Treasury Department in February, becoming the latest banking company to redeem its funding under the Troubled Asset Relief Program.

In a bid to get its bank unit adequately capitalized, Horizon Bancorp. Inc. in Bradenton, Fla., is trying to raise $5 million in a private placement of convertible preferred stock.

A new group formed to buy failing banks plans to use its recent deal for tiny, well-capitalized Palisades National Bank as a springboard for further acquisitions.

CFS Bancorp in Munster, Ind., is exploring its strategic options, including the possibility of selling itself.

SVB Financial Group in Santa Clara, Calif., says it plans to raise $300 million in a sale of common stock and use most of the proceeds to repay all of its government-issued capital.

In what would be the biggest purchase of bank branches by a credit union, Royal Credit Union said it had agreed to buy 11 offices from the troubled Anchor BanCorp.