In a bid to shore up its ailing balance sheet, Fidelity Federal Bank has notified thrift regulators of plans to raise about $110 million of capital through a public stock offering.

The offering would mark the third time in as many years that the $3.5 billion-asset thrift and its previous parent, Citadel Holding Corp., have tapped investors for substantial infusions of capital.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.