Superior Bancorp in Birmingham, Ala., has taken another step in its efforts to improve its capital position.

Following a regulatory exam, Sterling Banks Inc. in Mount Laurel, N.J., said it will restate its results for the second and third quarters of 2009.

The Federal Reserve said Thursday it has taken enforcement action against California's Tamalpais Bancorp in an effort to ensure that it maintains sufficient capital.

WASHINGTON — In an unusual congressional hearing, regulators were essentially put on trial Thursday for having closed a Chicago-based chain of community banks last fall.

SOUTHEAST

Sterling Bancshares Inc. in Houston reported Thursday that it returned to profitability in the fourth quarter, after a sharp loss in the third quarter.

Valley National Bancorp announced Thursday that it is slowing de novo branch expansion in New Jersey and New York as it sees the opportunity to expand through acquisition.

First Niagara Financial Group Inc.'s acquisition of a western Pennsylvania branch network from PNC Financial Services Group Inc. is working out better than it had expected.

The Federal Reserve said Thursday it has taken enforcement action against California-based Tamalpais Bancorp in an effort to ensure the bank maintains sufficient capital.

Now with a war chest of capital, a clean balance sheet and willing management, Hancock Holding is primed to take advantage of down-cycle opportunities and is actively seeking acquisitions in Florida.

Prosperity Bancshares Inc. in Houston is set to pick up Texas branches that were once owned by FBOP Corp.

The Federal Deposit Insurance Corp. has opened a temporary satellite office near Chicago that will house up to 500 non-permanent staff members.

Shares of Hanmi Financial Corp. have soared this week following reports in the Korean media that Woori Finance Holdings Co. is looking to take a large stake in the company through a potential equity investment.

The Federal Reserve announced enforcement actions Tuesday against Bank of Virginia.

The Federal Reserve issued enforcement actions Tuesday against Community Financial Holding Co., a registered bank holding company in Duluth, Ga.

Its numbers are still a bit wanting, but Washington Federal Inc. is distinguishing itself from the pack of recession-hit also-rans in the beleaguered Pacific Northwest.

Mercantile Bank Corp. in Grand Rapids reported Tuesday that it swung to a fourth-quarter loss of $26.4 million, from a profit of $300,000 a year earlier.

Southern First Bancshares Inc. in Greenville, S.C., reported Tuesday its fourth-quarter earnings fell 59% from a year earlier, to $152,000.

Fulton Financial Corp. swung to a fourth-quarter profit on a smaller loan-loss provision and a large prior-year writedown.