There are draconian potential consequences in Regulation Y if an FHC cannot return to well-capitalized and well-managed status within 180 days.

At a time when calculated retreats are becoming more common — and more accepted — Tidelands Bancshares Inc. is a new kind of leader.

Bay Cities National Bank in Redondo Beach, Calif., said it has investment agreements for $460 million, enough to turn the struggling $273 million-asset bank into a regional institution.

Pacific Mercantile Bancorp said Tuesday that it has entered into agreements with its regulators to improve credit quality and boost capital.

First National Bank of Omaha is offering a rewards program from Cardlytics that lets customers access merchant offers through First National's FNBO Direct online banking service.

Pacific Mercantile Bancorp said it has reached agreements with state and federal regulators to take actions to address loan performance and improve its operating results while raising capital levels.

The Austin community bank service provider BancVue has purchased the credit card portfolio of the failed Silverton Bank from the Federal Deposit Insurance Corp.

Indiana Business Bancorp in Indianapolis swung to a loss in the second quarter as its provision spiked. The $89.9 million-asset company reported a loss of $484,678, or 32 cents a share, after reporting net income of $37,907, or 3 cents a share, a year earlier.

Eastern Virginia Bankshares of Tappahannock said Friday that it is consolidating two branches in King William County.

The $4.6 billion-asset institution, which has acquired more than 20 Oklahoma banks since it opened in 1989, announced its third acquisition deal of the year Thursday.

First State Bancorp. in Albuquerque confirmed that its banking subsidiary was in discussions with potential investors about a recapitalization.

Premier Financial Bancorp Inc. has decided that even for community banks that value local identity, bigger might just be better.

Donegal Financial Services Corp. and Union National Financial Corp. said they have amended their acquisition agreement after Donegal Financial's stock price fell $3.86 a share since the deal was announced in April.

Atlantic Coast Federal Corp. in Waycross, Ga., has appointed veteran banker Jay S. Sidhu as executive chairman of its Atlantic Coast Bank unit, a move that could help the company complete its second-step conversion.

Operating a community bank in foreclosure-ravaged South Florida is challenging. Starting one just before the financial crisis hit is even more so.

Old Line Bancshares Inc. in Bowie, Md., plans to acquire Maryland Bankcorp Inc. in a cash-and-stock deal valued at $20 million.

Atlantic Coast Federal Corp. in Waycross, Ga., has appointed veteran banker Jay S. Sidhu as executive chairman of its thrift, mirroring a position he has held at the company since May.

Patriot National Bancorp Inc. in Stamford, Conn., has extended the deadline for its recapitalization deal for a second time.

The Office of Thrift Supervision has denied United Western Bancorp Inc.'s request to make payments on its line of credit with JPMorgan Chase & Co.

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