Board issues enforcement actions with FCB Financial Corp., First South Bancorp, HarVest Bancorp, and Southport Financial Corporation

The following press release was published by the Board of Governors of the Federal Reserve System on Nov. 30, 2010. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the execution of the following enforcement actions: FCB Financial Corp. (62 KB PDF), Savannah, Georgia Written Agreement dated Nov. 12, 2010 First South Bancorp, Inc. (44 KB PDF), Spartanburg, South Carolina Written Agreement dated Nov. 23, 2010 HarVest Bancorp, Inc. (49 KB PDF), Gaithersburg, Maryland Written Agreement dated Nov. 22, 2010 Southport Financial Corporation (51 KB PDF), Kenosha, Wisconsin Written Agreement dated Nov. 24, 2010 Search of Federal Reserve enforcement actions

Source: Board of Governors of the Federal Reserve System