In a development that bodes ill for some of the banking industry's highest-profile investors, a Southern California thrift said last week that it may not be able to maintain its adequately capitalized rating and has been forced to enter into a supervisory agreement with regulators.

The announcement by $3.7 billion-asset Fidelity Federal Bank of Glendale comes less than a year after a capitalization in which it raised $109 million in an equity offering to investors including Michael F. Price's Heine Securities Corp. and J.P. Morgan & Co.

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