The Office of the Comptroller of the Currency recently freed 11 banks from regulatory orders.

North American Savings Bank in Grandview, Mo., was released from a May 2012 consent order, according to the OCC's Friday press release. The $1.2 billion-asset bank was required to maintain a minimum 10% Tier 1 leverage ratio and a minimum 13% total risk-based capital ratio. It was also required to reduce troubled assets, review all credit relationships over $1 million, address credit concentration risk, develop a strategic plan and establish a semi-annual independent loan review program.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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