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Update: Bank Watch: Capmark Financial Pours $600 Million into its Ailing Bank

Also This Week: FNB United Will Take Impairment Charge, Cancels Dividend Payments; Appalachian Bancshares Falls Below Minimum Nasdaq Requirements; and San Joaquin Bank Faces One-Week Deadline To Raise Money or Be Sold

Capmark Bank, the wholly-owned Utah industrial bank subsidiary of Capmark Financial Group Inc., agreed to a cease and desist order with each of the Federal Deposit Insurance Corp. (FDIC) and the Utah Department of Financial Institutions. The orders require Capmark Bank to maintain a Tier 1 leverage ratio of at least 8% and a Total Risk-Based Capital ratio of at least 10%.

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