quarter has been ordered by federal regulators to change its lending practices and diversify its portfolio.

Belmont Bancorp. of Bridgeport, Ohio, said in a letter to shareholders last week that it has agreed to the orders from the Office of the Comptroller of the Currency and the Federal Reserve Bank of Cleveland.

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.