Americas

Capitol Bancorp Ltd. is selling its 51% stake in Bank of Las Colinas, which would mark its exit from Texas.

California United Bank in Encino reported a net loss of $2.3 million for 2010, compared with net income of $745,000 in 2009.

Virginia Commerce Bancorp Inc. said Monday it has appointed an interim successor for its chief financial officer, who died last month following complications from cancer.

While states like Washington and Oregon have had their share of failures, there have been several deals to save larger struggling banks there, too. Add Cascade Financial Corp. in Everett, Wash., to that pile.

Cornerstone Bancshares Inc. in Chattanooga, Tenn., said Friday that losses narrowed 42.1% in 2010. The $440 million-asset company posted a $4.7 million loss for the year, compared with an $8.2 million loss in 2009.

A spike in credit costs in the fourth quarter led United Security Bancshares in Fresno, Calif., to post a $2.9 million loss for 2010.

Sterling Bancorp in New York City said Friday that it plans to sell $33.6 million of common stock in a public offering.

Metro Bank in Lemoyne, Pa., has agreed to drop its red M logo to settle a trademark lawsuit brought by Members 1st Federal Credit Union.

The Bancorp Inc. in Wilmington, Del., announced the pricing for a common stock offering designed to raise $50.3 million.

The $1.4 billion-asset company said Wednesday that it received notice from the Nasdaq on Monday that it is in compliance with listing requirements just shy of a March 10 deadline.