Feds seek bids for up to seven local banks, including Amcore

``Federal banking regulators are seeking bidders for as many as seven troubled local banks, including Rockford-based Amcore Bank... Sources say that the FDIC has begun the process of auctioning up to six other, smaller local banks, but their identities could not be verified. Numerous local banks are undercapitalized as a result of losses on real estate loans. Many of those are under regulatory orders to raise capital and would likely face seizure if they are unable to do so. ''