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The Federal Deposit Insurance Corp. took action against six banks and freed a dozen from orders in October.
December 2 -
DCB Financial (DCBF) in Lewis Center, Ohio, has been freed from a Federal Reserve Bank of Cleveland order.
November 25 -
The Office of the Comptroller of the Currency issued cease-and-desist orders against three banks in October and released seven banks from enforcement actions.
November 18
The Federal Reserve Board has lifted enforcement actions against Parkway Bancorp in Harwood Heights, Ill., and Peoples Inc. in Lawrence, Kan.
The $1.9 billion-asset Parkway had been operating under an October 2011 written agreement that required it to create a capital plan and refrain from paying dividends without prior regulatory approval. At Sept. 30, the company had an 11.3% Tier 1 leverage ratio and a 16.7% total risk-based capital ratio.
Peoples and its bank were released from a January 2010 written agreement that required the $412 million-asset company to strengthen credit risk management practices, reduce troubled assets, revise its methodology for calculating the loan-loss allowance and create a capital plan. At Sept. 30, Peoples had a Tier 1 leverage ratio of 9.6% and a total risk-based capital ratio of 16%.
