Citing trouble with its residential construction loans, State Bancorp Inc. in Jericho, N.Y., said Wednesday that it swung to a $5.1 million loss in the first quarter, from a $3 million profit a year earlier.

In the last few years Southern Bancorp Inc. in Arkadelphia, Ark., looked at potential acquisitions around its home state, but until recently it had not found a fit.

Crescent Banking Co. in Jasper, Ga., is in danger of failing since a deal to get $27.2 million of capital from its management and directors fell through.

Clarification: David F. Bolger owns 12.3% of Cascade Bancorp. The figure counted only his personal holdings. Including shares held by companies he controls, the stake is 28.8%, and it would rise to 50% as a result of the proposed investment.

On the heels of a 20% jump in its first-quarter earnings from a year earlier, to $9.3 million, Bank of the Ozarks Inc. said it is considering returning the funds it received from the Treasury Department's Troubled Asset Relief Program.

Among the troubled sectors of the American economy, banks have taken center stage.

Still heady over the deal it announced last week to swoop into Pennsylvania by buying 57 branches, First Niagara Financial Group Inc. is talking even more boldly now.

The Federal Deposit Insurance Corp. dusted off a tool it had not used in more than a quarter century to resolve New Frontier Bank in Greeley, Colo., which failed Friday.

Silverton Financial Services Inc. in Atlanta has been barred from paying dividends without the Federal Reserve's approval under an agreement with the regulator disclosed Monday.

San Joaquin Bancorp in Bakersfield, Calif., and its bank subsidiary must improve liquidity, board oversight, credit risk management, and loan policies and reviews under an agreement with regulators.

Click here for the top 150 community banks and thrifts ranked by ROA and here for the top 150 community banks and thrifts ranked by return on average equity.

A founding director of Yadkin Valley Financial Corp. in Elkin, N.C., has resigned over its pending deal to buy American Community Bancshares Inc. in Charlotte.

New Frontier Bancorp had hoped to be announcing its rescue last week.

Two top executives have left a struggling correspondent bank in Atlanta.

MIDWEST

For University Bancorp of Ann Arbor, Mich., innovation and rapid growth have taken a regulatory toll.

Guaranty Financial Group Inc. in Austin has a May 21 deadline to raise capital or start looking for a buyer.

Sun Bancorp Inc. in Vineland, N.J., said Wednesday that it has returned the government capital it had received three months ago.