Banking & Finance: Are regulators stifling local bank lending?

'David suffering for Goliath's sins;' also, 2 in top Bauer rank

There are two fewer locally based banks in the North Bay than there were at this time last year.

Tamalpais Bank was shut down by the Federal Deposit Insurance Corp. and purchased by Union Bank. Napa Community Bank, previously under the parent company of Capitol Bancorp Limited of Lansing, Mich., was sold to Rabobank, a Roseville-based community bank.

The changes, which both allowed a larger institution to gain a presence in markets where they saw potential, come as community banks are under increasing pressure from regulators that many say is depressing lending.

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