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Hilltop Holdings in Lubbock, Texas, plans to issue $150 million in senior debt.
April 7 -
Southern Missouri Bancorp in Poplar Bluff has filed to sell $20 million in preferred stock it issued to the Treasury Department as part of the Small Business Lending Fund.
March 25
First Resource Bank in Exton, Pa., plans to raise $6 million through a combination of common stock and subordinated debt to raise funds to redeem most of its Small Business Lending Fund preferred shares.
The $180 million-asset bank
"This balance of common equity and subordinated debt is the result of over a dozen capital models that were considered by the Board," Glenn Marshall, chief executive, said in a news release.
First Resource will issue 320,000 shares of common stock at $6.50 per share. The subordinated debt will consist of 6.5% notes.