Joseph Kellard

Bank of Southern California in San Diego has agreed to sell $7 million of its common stock to the asset management firm Castle Creek Capital.

First Merchants Corp. in Muncie, Ind., has agreed to buy a minority stake in Independent Alliance Banks in Fort Wayne, Ind.

Triumph Bancorp in Dallas plans to issue $50 million in subordinated debt and said proceeds from the offering may be used for acquisitions.

Seven other CUs reportedly in talks with EPL.

The $2.2 billion-asset company disclosed in a regulatory filing that it redeemed $12.2 million, the remaining half of its SBLF shares, on Sept. 22 at a liquidation value of $1,000 each for $12.4 million.

Brookline Bancorp in Boston said James McCarthy will succeed Russell Cole next month as president and CEO of First Ipswich Bank.

First Bancorp in Southern Pines, N.C., has terminated loss-share agreements tied to a pair of failed-bank acquisitions.

The $8.3 billion-asset CVB said Thursday that it would pay $57.5 million in cash and stock for the $416 million-asset parent of Valley Business Bank.

Lisa McDougald, the deputy general counsel at the $222 billion-asset BB&T in Winston-Salem, N.C., and Leon Holschbach, chief executive at Midland States Bancorp, a $3 billion-asset company in Effingham, Ill., were appointed to the board this summer.

Home BancShares co-founder and Chairman John Allison is shrinking his ownership stake in the Conway, Ark., company for estate-planning purposes.

Farmers Capital Bank in Frankfort, Ky., has announced a plan to restructure its balance sheet.

CUs in Wisconsin and Alabama sign on with CUSO's NPS technology

CapStar Financial Holdings in Nashville, Tenn., expects to raise net proceeds of $16.6 million in an initial public offering that it plans to spend on growth and other initiatives — perhaps including M&A.

Wellesley Bancorp in Massachusetts has appointed New England banking veteran Kathryn Hinderhofer to its board.

Brookline Bancorp in Boston has promoted its head of commercial real estate lending to leader of its entire banking unit.

A provider of print and e-document services exclusively for credit unions, XDI said in a news release Wednesday that more than half of its new clients are using its complete suite of services, which include statements, notices and tax forms that can all be electronically delivered to their members.

BankGuam Holding in Hagatna aims to raise $10 million through the sale of preferred stock.

The LegacyTexas Financial Group in Plano sold $50 million in debt to use for possible acquisitions and other purposes.

Metropolitan Commercial Bank in New York has a new chief financial officer.

Amalgamated Bank in New York has pledged to take operational steps to address global warming.