The Federal Reserve on Thursday issued separate agreements with two banks calling on the lenders not to take on debt without approval.

First National Bancshares (FNSC), of Spartanburg, S.C., agreed with the Fed not to incur, increase or guarantee any debt without approval.

The lender also agreed not to pay any dividends without Fed approval.

In a separate agreement, Mirae Bancorp (MRAB), of Los Angeles, also agreed not to incur any debt or pay any dividends without Fed approval.

 
   -By Jeff Bater, Dow Jones Newswires; 202 862 9249; jeff.bater@dowjones.com