The Office of the Comptroller of the Currency has issued cease-and-desist orders against Intercredit Bank in Miami and Border Capital Bank in McAllen, Tex., citing credit and capital concerns.

Though both banks are currently well-capitalized, the OCC expressed concern that problem loans could threaten capital levels. At June 30, 5.4% of Intercredit's loans and 8.1% of Border's loans were at least 90 days past due, according to Federal Deposit Insurance Corp. data.

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