A group made an offer for First Beverly Bank.

Florida bankers Abel and Daniel Holtz, whose investor syndicate already controls 28% of the Beverly Hills institution, said they would offer $3 million for the rest of the bank’s outstanding common and preferred shares. The friendly takeover had been blocked until last week by federal regulators for unspecified reasons. First Beverly, with $42.2 million in assets, has seen its net worth shrink over the past several years because of bad loans and was under regulatory orders to increase its capital position. The Holtz group said it would provide at least $1.5 million in additional capital for the ailing bank.