Americas

The regional bank is expanding into the Golden State's central coast region with its first open-bank deal in five years.

South Valley Bancorp would more than double its sale price if it collects in full on a pool of suspect business loans before its takeover by Washington Federal is completed.

Peapack-Gladstone Financial (PGC) of Bedminster, N.J., has paid $110,000 to repurchase the warrant it issued to the Treasury Department as part of the Troubled Asset Relief Program.

Western Capital in Boise, Idaho, is expanding into neighboring Oregon with a deal to acquire the $104 million-asset Northwest Bank in Lake Oswego.

Mercantile Bank (MBWM) of Grand Rapids, Mich., has repurchased about $10.5 million of the preferred stock it issued to the Treasury Department as part of the Troubled Asset Relief Program.

An ailing Milwaukee community bank that needs to bolster its capital levels is about to receive a significant cash infusion from a prominent local family.

United Community Financial (UCFC) of Youngstown, Ohio, will once again raise fresh capital to meet the requirements of a regulatory order.

Hudson Valley Holding Corp. (HVB) has completed the sale of $474 million in loans after it was required to reduce its concentrations in commercial real estate and classified loans.

Regulators have entered into a consent order with the banking subsidiary of Community Bank of South Florida that requires the Homestead, Fla., bank to raise capital ratios.

Naugatuck Valley Financial (NVSL) will record a deposit-related charge during the first quarter due to not paying enough interest on some certificates of deposit renewals.