The Federal Deposit Insurance Corp. has taken enforcement actions against eight banks and freed 12 others from prior orders, according to a series of orders released Friday.

The $376 million-asset West Texas State Bank in Odessa and the $105 million-asset Peoples Bank in Tulsa, Okla., have been ordered to put in place systems for ensuring their compliance with consumer laws and regulations. The FDIC gave both banks 90 days to correct violations flagged last year by examiners.

Enterprise Bank of South Carolina pledged to retain qualified management and to maintain a Tier 1 leverage ratio of at least 8% and a total risk-based capital ratio of at least 10%. The FDIC also gave the bank 60 days to improve its liquidity, reduce classified assets, and adopt a program to ensure compliance with anti-money-laundering laws.

The $39 million-asset Marshall County State Bank in Varna, Ill., has been ordered to refrain from offering services that process tax refunds and to assess the adequacy of its reserves for payments in connection with refund deposit products.

The FDIC gave the $231 million-asset Signature Bank in Bad Axe, Mich., 30 days to correct shortfalls in its compliance with the Bank Secrecy Act and 60 days to put in place a program to train employees on compliance with anti-money-laundering laws.

Directors at the $776 million-asset Park Bank in Milwaukee had 60 days to form a committee to oversee the bank's compliance with consumer protection laws and 90 days to revamp its compliance policies.

The FDIC ordered the $90 million-asset North Milwaukee State Bank to maintain a Tier 1 leverage ratio of at least 9% and a total risk-based capital ratio of at least 12%. The $400 million-asset Geauga Savings Bank in Newbury, Ohio has been ordered to maintain a Tier 1 leverage ratio of at least 9% and a total risk-based capital ratio of at least 12%. Both banks were told to reduce their share of troubled loans.

All of the new enforcement actions were taken in April and made public Friday.

Separately, the FDIC terminated enforcement actions on 12 banks: Geauga Savings Bank in Newbury, Ohio; First Mariner Bank in Baltimore; Coatesville Savings Bank in Pennsylvania.; Bank of South Texas in McAllen; Midwest Community Bank in Plainville, Kan.; First State Bank in Wilmot, S.D.; BankWest in Rockford, Minn.; Metro Phoenix Bank in Ariz.; State Bank of Taunton in Minn.; Centennial Bank in Fountain Valley, Calif.; Cornerstone Community Bank in St. Petersburg, Fla.; and Choice Bank in Oshkosh, Wis.

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