SoCal Bancorp. said it no longer owns a majority stake in Professional Business Bank after a $12.6 million capital infusion from a private-equity group.

The $2.6 billion-asset company announced last week that the Office of Thrift Supervision has upped the ante by issuing both the company and its thrift unit cease-and-desist orders on June 25.

After a hiatus of nearly two and a half years, KBW has resumed publishing its Bank Takeover List, identifying 75 companies that could be buyers, sellers or both over the next 18 to 24 months.

Re "Missing a Chance to Shine" [June 29]: Credit unions didn't cause the financial meltdown and ensuing recession, but they are experiencing collateral damage from it. Still, it is important to keep a sense of perspective, which was lacking in your story.

Cecil Bancorp Inc. in Maryland and its subsidiary Cecil Bank Friday agreed not to declare or pay any dividends without the prior consent of federal and state regulators.

Wilshire Bancorp Inc. in Los Angeles offered a glimpse of its second-quarter results Thursday, saying it expects to record a net loss of up to $5 million.

Hampton Roads Bankshares Inc. in Norfolk, Va., announced that it raised $255 million through a fully subscribed private placement of its common stock.

Sunrise Bank in Cocoa Beach, Fla., announced an agreement Thursday in which a group of three investors will inject $8.6 million into the bank.

Independent Bank Corp. has managed to persuade stubborn trust-preferred holders and the Treasury Department to become common shareholders — but those feats may turn out to be the easier pieces of its capital restoration plan.

Independent Bank Corp. has managed to persuade stubborn trust-preferred holders and the Treasury Department to become common shareholders — but those feats may turn out to be the easier pieces of its capital restoration plan.

Anchor BanCorp Wisconsin Inc. painted a grim picture of its finances this week. The $4.4 billion-asset company in Madison said Tuesday that it was considered undercapitalized by regulatory standards as of March 31.

MIDDLE ATLANTIC

The largest Korean-American and Chinese-American banks, clustered in Southern California, are successfully raising capital, surprising competitors with last-minute infusions even while some operate under regulatory orders.

Fueled by more than $400 million in capital, Bond Street pulled Miami's Premier American out of the rubble in January and leveraged it to make two other federally assisted deals, most recently grabbing the failed Peninsula Bank in Englewood last Friday.

Former Bank of America Corp. Vice Chairman R. Eugene Taylor has spent the past six months searching for a bank to buy — only to return to whence he came.

I like to ask folks to think of their least-positive customer interaction or sales call during the previous month. I suggest to them that even the most cringe-worthy of recent impressions can likely be (at least somewhat) salvaged the next time you interact with that person.

The $1.7 billion-asset company announced late Tuesday that North American Financial Holdings Inc., led by former Bank of America Corp. executive Eugene Taylor, would invest $175 million in the company so that it can shore up its undercapitalized bank unit.

Solera National Bancorp Inc. in Lakewood, Colo., is getting into the mortgage business on its own. The $137 million-asset company announced Tuesday that it has begun originating residential mortgage to its customers.

The Federal Reserve Bank of Atlanta announced Tuesday that OptimumBank Holdings Inc. of Fort Lauderdale, Fla., has signed an agreement to maintain financial soundness.

Most bankers agree that online lending applications can attract customers and drive up volume, but few actually offer such services.