Lacking the authority to control fellow regulators' data operations, the Office of Financial Research may still play an important risk management role — but only by getting along with other agencies.

Henderson Citizens Bancshares in Texas announced an acquisition that should push its assets above $1 billion.

Sierra Vista Bank raised about $2.4 million through a stock offering, falling short of a plan to bring in $6.5 million.

The inclusion of secondary capital as part of credit unions' net worth would give them yet another unfair regulatory advantage over banks.

The FDIC issued four consent orders against banks in July, after doling out three a month earlier. The agency used to hand out 10 or more a month.

WASHINGTON — State regulators closed First Commercial Bank in Bloomington, Minn., late Friday in the industry's 41st failure this year.

Ralph Babb, the chief executive of Comerica in Dallas, tells a research analyst the company may consider in-market and out-of-market deals — its first since taking over Sterling Bancshares last year.

Regulators lifted an enforcement action against Anchor Bank in Lacey, Wash., and replaced it with a softer one.

William E. Griffin, a founder and former chairman of Hudson Valley Holding (HVB), has died, the company said Friday. Griffin was 79 and had suffered from a long illness.

Colony Financial (CLNY) in Los Angeles seeks to raise as much as $150.9 million through a common stock offering and use the funds to repay a revolving credit facility.

Bank of the James Financial Group (BOTJ) in Lynchburg, Va., has raised $10 million through a private placement of unregistered debt.

Unpredictable card terms and conditions make it hard for small-business owners to budget. If they can't allocate funds with confidence, they're less likely to hire employees, hurting the economy.

Charles Collum, a former chairman of Virginia's oldest bank, will run a loan office in the north of the state for John Marshall Bank.

BankAtlantic's former parent is officially no longer regulated as a financial holding company. The Fed released BFC Financial and affiliate BBX Capital from being registered as a thrift holding company.

M&T's bid for Hudson City has the deal world abuzz with talk of who'll be next. The Fed, meanwhile, is trying to calm angry community bankers as the entire industry mulls the implications of the November election.

Retail credit unions can improve their net worth only through retained earnings. That's made a stressful period for all financial institutions particularly challenging for this category. Let them raise capital.

Hancock Holding Company in Gulfport, Miss., has named Deborah Conrad, a veteran international banker, as manager of its new export-finance group.

John Marshall Bank in Reston, Va., has appointed Charles K. Collum, a former chairman of Virginia's oldest bank, Burke & Herbert Bank, to head a new loan office in Alexandria.

The Federal Reserve Board has terminated an enforcement order against Rosholt Bancorp in Wisconsin.

The American Bankers Association voted Thursday to create a SuperPAC for bankers — but it has an alternative structure from Friends of Traditional Banking, the only other banking SuperPAC.