Looking busy may be the best hope for Temecula Valley Bancorp Inc.

Wednesday is the California company's deadline under a prompt corrective action notice to return its $1.5 billion-asset Temecula Valley Bank to adequately capitalized status. If the company fails to do so, regulators have said they could seize the bank. Since Temecula was jilted two weeks ago by a private equity group — whose proposed $210 million investment had raised hopes for the entire banking sector — the company has been scrambling for alternatives.

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