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Intermountain Community Bancorp in Sandpoint, Idaho, said its third-quarter loss narrowed by 76% from the second quarter, to $2.7M, or 32 cents a share, as asset quality improved.

For the first time in more than two years, nonperforming assets at Atlantic Coast Federal Corp. in Waycross, Ga., went down.

Intermountain Community Bancorp in Sandpoint, Idaho, said its third-quarter loss narrowed by 76% from the second quarter, to $2.7 million, or 32 cents a share, as asset quality improved.

In reporting the loss of $156.4 million — by far the largest of its seven consecutive quarterly losses — William R. McManaman, Amcore's chairman and chief executive officer, said in a press release that a stock offering would be unlikely to succeed but that it continues to pursue other options for raising capital.

A thrift's unusually structured deal to take over a nonbank commercial lender encapsulates the key challenges facing both sectors: capital for the depositories and funding for the finance companies.

The Federal Reserve Board used its prompt corrective action powers Tuesday on SolutionsBank of Overland Park, Kan., after deeming it undercapitalized.

Metro Bancorp in Harrisburg, Pa., swung to a $490,000 loss in the third quarter, but said it plans to use the $77.9M of capital it just raised to complete its pending acquisition of Republic First Bancorp in Philadelphia and continue growing aggressively.

West Coast Bancorp of Lake Oswego, Ore., one of many struggling institutions in the Pacific Northwest, said Monday it managed to raise all the capital it needed to satisfy regulators — and then some.

Suprisingly sharp deterioration of its commercial real estate loans forced PrivateBancorp Inc. in Chicago to a $31.2 million loss in the third quarter and sent its stock tumbling Monday.

Porter Bancorp Inc. of Louisville, Ky., moved ahead Friday with plans to buy Citizens First Corp. directly from shareholders, after getting snubbed by the board.

Failures in 2009 shot past the 100-mark late Friday as regulators swooped into seven community banks in the Midwest and southeast.

Failures in 2009 shot past the 100-mark late Friday as regulators swooped into seven community banks in the Midwest and southeast.

Though United Community Banks in Blairsville, Ga., continued to suffer worse-than-expected loan losses in the third quarter, it offered an optimistic outlook on a conference call Friday.

The industry marked a stark milestone Friday — the 100th bank failure of 2009. It is the first time since 1992 that failures hit triple digits.

Citizens Republic Bancorp in Michigan is finding that capital counts for a lot. The company lost $853.4 million in the past year and a half, including $56.9 million in the third quarter.

A new commercial real estate lender in Dallas is looking for opportunities to make loans nationwide and says it can help banks by recapitalizing their borrowers.

Webster Financial Corp. in Waterbury, Conn., said Thursday that its loss in the third quarter deepened by 20% from the year earlier, to $26.1 million, as credit quality continued to sour.

After years of idling, Florida Shores Bancorp Inc. is shifting into high gear with a new strategy that reflects changes in the regulatory and economic environment since the company's founding.

In what it is calling a first step toward replenishing its capital, Mercantile Bancorp Inc. in Quincy, Ill., said it intends to merge its flailing Florida bank with a stronger unit.

As other banking companies ready third-quarter results, at least two are being forced by regulators to restate their second-quarter figures, with serious consequences.