Intercredit Bank: Intercredit Bank regains 'well capitalized' status

Intercredit Bank returned to "well capitalized" condition after it regained profitability in the second quarter. The Miami-based bank slipped to "adequately capitalized" after posting a $206,000 loss in the first quarter, but it swung to a $99,000 gain in the second quarter. That was enough to lift its Tier 1 leverage capital ratio to 9.16 percent on June 30 from 8.79 percent on March 31. RELATED CONTENT: Intercredit Bank falls below capital goal after lending surge In a previous enforcement…