Americas

Reissued consent orders are longer and far more detailed, with higher capital ratio standards, despite improvements banks have already made.

Sun Bancorp Inc. in Vineland, N.J., said it raised about $81 million in net proceeds from a recent public offering.

People's United Financial Inc., which recently entered mortgage warehousing, has amassed credit applications for almost $500 million, according to a company executive.

Superior Bancorp in Birmingham, Ala., has named C. Marvin Scott as its chairman and chief executive and Rick Gardner as its president.

The $958.3 million-asset company named Bruce Boyea a director. Boyea is the chairman, president and chief executive of Security Mutual Life Insurance Co. of New York.

Coastal Banking Co. of Beaufort, S.C., reported late Friday that its net loss shrank to $2.3 million in the fourth quarter from $11.9 million a year earlier.

Hancock Holding Co. in Gulfport, Miss., said Monday that it began a $200 million public offering that would help it redeem an acquisition target's Treasury Department funds.

Centrue Financial Corp. of St. Louis late Friday reported a wider fourth-quarter loss of $39.2 million, largely as a result of a charge from goodwill impairment and a deferred tax asset adjustment.

Data on failed banks sold in the first 10 weeks of the year hints at a broader shift toward buyers going it alone.

Groups affiliated with Gerald J. Ford and Robert M. Bass have agreed to put money into troubled thrift SWS Group in Dallas.