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The $2.2 billion-asset United Western said in a Jan. 12 filing with the Securities and Exchange Commission that it had entered into its sixth forbearance agreement on a $16.25 million line of credit with the New York banking company.

State Bank and Trust of North Dakota has closed its purchase of Bell Mortgage, a lender based in Minneapolis.

Regulators Friday closed the $231 million-asset Oglethorpe Bank in Brunswick, Ga., the third failed institution in 2011.

SI Financial Group Inc. in Willimantic, Conn., said late Wednesday that it had completed its conversion to a stock holding company from a mutual holding company.

Washington Federal Inc. in Seattle said Thursday that fourth-quarter net income more than tripled to $24.5 million from $7.9 million a year earlier.

Commerce Bancshares Inc. in Kansas City, Mo., on Thursday reported fourth-quarter net income rose 25% from a year earlier, fueled by fee income.

Though it's the big banks that are working with energy companies, smaller institutions still expect huge opportunities, some risks aside, to serve ancillary businesses and consumers.

American 1 Federal Credit Union has become the first business to take advantage of tax abatements offered to companies located within commercial rehabilitation districts in Hillsdale, Mich.

Taylor Capital Group Inc. in Rosemont, Ill., is positioning itself to raise more capital. The $4.6 billion-asset company filed a shelf registration with the Securities and Exchange Commission on Monday to raise as much as $175 million.

Anchor Bancorp in Aberdeen, Wash., launched a syndicated community offering Wednesday to complete its conversion to a stock company from a mutual.

Atlantic Coast Federal Corp. in Waycross, Ga., said it expects to report a fourth-quarter loss of up to $5.5 million.

Bank of Commerce in Chalotte, N.C., on Tuesday reported a loss of $1.3 million for the fourth quarter.

California General Bank in Pasadena has completed its purchase of Professional Business Bank, the companies said Tuesday.

Republic Bancorp in Louisville, Ky., plans to enter warehouse lending by the second quarter after hiring a top executive from National City Corp.

Vibra Bank in Chula Vista, Calif., on Tuesday reported a fourth-quarter profit of $51,000 as it reached its second year in business.

Sterling Bancshares Inc. in Houston is said to be shopping itself as it prepares for a hostile board takeover proposed by Don Adam, its biggest shareholder.

Midwest banks have long been enamored with growth in sunny locations, but Enterprise Financial Services Corp. is using government-backed deals with loss-sharing agreements as protection.

National Penn Bancshares Inc. in Boyertown, Pa., has announced the completion of a $150 million recapitalization with the private-equity firm Warburg Pincus.

A pair of banking companies have extended their deadlines for rights offerings due to technical difficulties.

As the epicenter of bank failures in 2010, Florida gave 2011 its first casualty. Florida was home to 18% of the 157 failures last year, with 29. Following a two-week hiatus, two banks failed on the first Friday of the new year.