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

The $211 million-asset bank has a deal to sell itself to EB Financial Group Inc. of Hinsdale, Ill., according to a Nov. 10 filing with the Federal Reserve. EB would become a bank holding company by acquiring all of Baytree's stock.

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