Valley Bank in Fort Lauderdale, Fla., will get an assist from its parent after facing a capital shortfall.

On Dec. 31, the $102.7 million-asset bank's Tier 1 capital ratio stood at 5.09% and its total risk-based capital ratio was 8.15%, according to a filing with the Federal Deposit Insurance Corp. In June, the FDIC gave the bank until Dec. 31 to achieve a Tier 1 capital ratio of at least 8% and a total risk-based capital ratio of at least 12%.

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