Columbia Commercial Bancorp in Hillsboro, Ore., is operating under a regulatory agreement to preserve its capital, so that it can be a source of strength for its ailing bank unit.

The $402 million-asset parent of Columbia Community Bank — which said this month that it plans to conduct "a small amount of capital-raising" — signed the agreement last week with the Federal Reserve Bank of San Francisco and the Oregon Division of Finance and Corporate Securities.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.