Capitol Bancorp Ltd. of Lansing, Mich., is putting its cross-country expansion on hold while it sorts through credit problems at some of its Midwest banks.

The $5.4 billion-asset holding company, which has chartered 31 banks since the start of 2005, says that it will not open any more of them for the foreseeable future, and that two start-ups that were in the works are being converted into branches of its current banks.

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