Newborns typically are mailed birth certificates and Social Security cards within weeks of leaving the hospital. In at least two states they could soon be receiving other important documents: savings account statements.

Pacific Capital Bancorp of Santa Barbara, Calif., lowered its first-quarter and full-year earnings estimates.

Bank of the Carolinas Corp. in Mocksville, N.C., said it would acquire Randolph Bank and Trust Co. in Asheboro.

Executives at Summit Financial Group Inc. in Moorefield, W.Va., view the company’s deal for the troubled Greater Atlantic Financial Corp. as an inexpensive way to scoop up low-cost deposits and strengthen its Virginia branch network.

Monarch Financial Holdings Inc.'s planned expansion into North Carolina's Outer Banks would move the Chesapeake, Va., company outside its home state for the first time.

Bank of the Ozarks Inc. in Little Rock has reported that first-quarter net income slipped 10%, to $7.5 million, from the year earlier.

The National Credit Union Administration has notified members of New Horizons Community Credit Union, a troubled Denver credit union it took over a year ago, of a potential data breach involving their personal financial information.

Less than a week after stepping down as president and chief executive of Millennium Bankshares Inc., Carroll C. Markley, the Reston, Va., company's founder, has resigned from its board.

A second-step conversion completed Wednesday has armed People's United Financial Inc. in Bridgeport, Conn., with $3.3 billion and the potential to be a powerful dealmaker.

Cascade Bancorp in Bend, Ore., reported Thursday that its first-quarter net income rose 61% from a year earlier, to $9.5 million. Earnings per share grew nearly 23%, to 33 cents.

Sterling Financial Corp. of Spokane is wasting no time filling in the gaping hole in its California operations.

Peoples Bancorp Inc. in Marietta, Ohio, announced Wednesday that Donald J. Landers, its chief financial officer and treasurer, has resigned.

MIDWEST

Mercantile Bank Corp. in Grand Rapids, Mich., announced first-quarter earnings Wednesday of $4.3 million, down 13% from the year earlier period.

The Texas House of Representatives is scheduled to consider a bill this week intended to modernize the state's Finance Code and reduce some bank burdens.

Pacific Capital Bancorp's announcement early Tuesday that it has stopped making controversial holiday and paystub loans appears to be the final blow to products that consumer groups have labeled as predatory.

Suffolk Bancorp in Riverhead, N.Y., said its first-quarter earnings fell 1.4% from a year earlier, to $5.1 million.

Continuing its expansion in metropolitan Atlanta, Security Bank Corp. of Macon, Ga., announced that it is buying the $252 million-asset First Commerce Community Bankshares Inc. in Douglasville.

Just weeks after being named president of New Century Bancorp Inc. in Dunn, N.C., William L. Hedgepeth 2nd has added the title of chief executive officer.

Pinnacle Financial Partners Inc. in Nashville is planning an expansion into the Knoxville market and has selected two SunTrust Banks Inc. executives to lead that effort.