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WASHINGTON — Four failures late Friday cost the government an additional $1 billion.Among the closings, which brought the year's total to 20, was that of $3.6 billion-asset La Jolla Bank in La Jolla, Calif. The Federal Deposit Insurance Corp. sold La Jolla's operations to OneWest Bank in Pasadena in the second recent deal for the buyers of the failed IndyMac Bank.

Flush with capital and newly liberated from the Treasury's Tarp restrictions, Umpqua Holdings Corp. is embarking on a consolidation quest in the Pacific Northwest.

New Century Bank, Jay S. Sidhu's most recent endeavor, has increased its capital by 180% as it seeks to embark on a major growth spurt.

The Office of Thrift Supervision has issued a prompt corrective action against La Jolla Bank FSB of Rancho Santa Fe, Calif., ordering the thrift to merge with another institution or sell off nearly all of its assets and liabilities to become at least "adequately capitalized."

Nautilus Hyosung America Inc. has developed an automated teller machine that also sells lottery tickets.

The Federal Reserve has ordered Marco Community Bank in Marco Island, Fla., to take steps to raise its capital levels.

First National Community Bancorp Inc. of Dunmore, Pa., reported a loss of $11.3 million for 2009, citing a more than tenfold increase in its provision for credit losses.

Cecilian Bank in Cecilia, Ky., has agreed to purchase two branches and a pool of commercial loans from the struggling Integra Bank of Evansville, Ind., the companies announced Wednesday.

Weeks after raising $303.6 million, Umpqua Holdings Corp. in Portland, Ore., announced late Wednesday that it had repurchased securities issued to the Treasury Department under the Troubled Asset Relief Program.

A thrift has found a resourceful way to raise some badly needed capital, one that institutions across the country could replicate: unwinding its employee stock ownership plan.

While many financial advisers continue to seek either the comforts of a megafirm or the independence of a registered investment advisory group, Adam Sherman, David Fleisher and their team have found a cozy home in the community banking channel.

Tamalpais Bancorp said late Tuesday that it was in a negative capital position, with a total risk-based capital ratio of minus-0.11% at Dec. 31.

Though other banks have worked out deals with the Federal Deposit Insurance Corp. that improved their capital positions through payments to take over a failed bank, few private deals have had such a dramatic effect on a company's capital as Everbank's purchase of Tygris, industry watchers said.

Horizon Bank in Austin said Tuesday that it has hired Kelli Click to run the Waco, Texas, office of a Horizon unit that helps investors roll over retirement assets into individual retirement accounts.

Despite shrinking assets by a fifth in 2009, Saehan Bancorp in Los Angeles reported that its bank unit was significantly undercapitalized at the end of the fourth quarter.

Despite lower credit costs, MutualFirst Financial Inc. in Muncie, Ind., returned to the red last quarter because of higher impairment charges on its securities.

Cornerstone Bank in York, Neb., has agreed to buy Harvard State Bank, also in Nebraska, for an undisclosed sum.

Bank of Commerce Holdings in Redding, Calif., is looking to join the ranks of companies raising capital for possible acquisitions.

For the New York bank, 2009 — its first year — was one for the record books. While many other community banks were tempering growth or even shrinking, the $433 million-asset start-up grew faster in its first year than had almost any other U.S. bank established over the past decade.

Is Herald National Bank flying too close to the sun? For the New York bank, 2009 — its first year — was one for the record books. While many other community banks were tempering growth or even shrinking, the $433 million-asset start-up grew faster in its first year than had almost any other U.S. bank established over the past decade.