Federal regulators have ordered Regal Bank & Trust in Owings Mills to make certain changes, such as drawing up written plans for maintaining capital levels and reducing "substandard" assets, according to a document released Friday by the Federal Deposit Insurance Corp.

Regal agreed to the order, issued a month ago, without admitting or denying any charges of unsafe or unsound banking practices, the FDIC said. Regal says it has $189 million in assets. Besides its Owings Mills headquarters, Regal has three branches in Baltimore County and Carroll County.

Bank president and chief executive G. Bradley Sanner said in a prepared statement Friday that the bank voluntarily agreed to address regulators' concerns that arose as a result of the recession. He added that the order will not affect customers and that the bank's capital position now exceeds the "highest regulatory categories."

Eileen.ambrose@baltsun.com

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