Despite posting its fifth consecutive quarterly loss, and its biggest one yet by far, Flagstar Bancorp Inc.'s new chairman and chief executive insisted the company could be a potential acquirer once it raises more capital.

Credit kept worsening at First State Bancorp. in Albuquerque last quarter — leaving the company undercapitalized and its bank unit only adequately capitalized.

The Federal Reserve announced enforcement actions Tuesday against Oklahoma's Commerce Bancshares and Oregon's Merchants Bancorp, moves taken to help maintain financial ...

IMGCAP(1)]

Despite raising capital three times in the last 12 months, Macatawa Bank Corp. in Holland, Mich., needs more capital because of mounting losses.

CapitalSource Inc. of Chevy Chase, Md., said Monday that its third-quarter net loss widened 11.2% from the previous quarter, to $274 million, as it increased its loss allowance by 97 basis points, to 5.48% of commercial loan assets.

Donald Marron, whose Lightyear Capital LLC agreed to inject $40 million into Cascade, said that his team has met with roughly 150 management teams at midsize community banks in the past year.

The Federal Deposit Insurance Corp. dusted off rarely used authority to charge the banks for the resolution costs of the other seven insolvencies — ultimately causing the $4.7 billion-asset Park National in Oak Park, Ill., and the $118 million-asset Citizens National Bank in Teague, Texas, to fail as well.

Over a year after being hit hard by the takeover of Fannie Mae and Freddie Mac, FBOP Corp.'s nine banks totaling $19B in assets were closed by the government Friday night.

Over a year after being hit hard by the takeover of Fannie Mae and Freddie Mac, FBOP Corp.'s nine banks totaling $19 billion in assets were closed by the government Friday night.

Two years into the financial crisis, spreads have widened considerably, and Beal's buying is in overdrive. Its assets surged 135% from a year earlier, to $7.5 billion at June 30.

In reporting a $12.6 million third-quarter loss, Cascade Bancorp also announced it has a second regulatory order — private-equity firm willing to give it an infusion.

In reporting a $12.6 million third-quarter loss, Cascade Bancorp of Bend, Ore., also announced it has a second regulatory order — and a private-equity firm willing to give it an infusion.

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 $2.7M, 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.

Credit quality at the Melrose Park, Ill., company took such a sharp nosedive in the third quarter that analysts said it is technically insolvent, with a negative tangible common equity ratio.

With 100 million underbanked consumers, credit products will have to meet consumer needs, be transparent, be fairly priced, help consumers build credit, and have solid underwriting.

Susquehanna Bancshares Inc. reported a surprise 7.3% increase in third-quarter earnings thanks to a surge in noninterest income offsetting soaring loan-loss provisions.