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Seattle Bank said the Federal Deposit Insurance Corp. has lifted a 2009 consent order requiring the bank to reduce problem loans and raise its capital ratios.

The bank, which changed ownership and management since then, also said it recently raised $10 million. That brings to $72 million the capital added since 2011.

“The lifting of the order validates the bank’s positive direction and our plans for future growth,” said Patrick Patrick, president and CEO of the five-branch bank, in a statement.