Joseph Kellard

Sussex Bancorp in Rockaway, N.J., has raised $15 million by selling fixed- to floating-rate subordinated notes to an institutional investor. It did not name the investor.

FirstBank in Lakewood, Colo., named the successors to its CEO and president, who are both retiring after holding those titles for 17 years.

Equity Bancshares in Wichita, Kan., has raised $35.4 million in a common stock offering and plans to use the proceeds to pay down a line of credit and support growth.

Iberiabank in Lafayette, La., has exited loss-share agreements tied to several failed banks it bought after the financial crisis.

Prosperity Bancshares in Houston filed a shelf registration to sell a variety of shares.

Castle Creek Capital has sold its entire stake in Heritage Commerce in San Jose, Calif.

First Midwest Bancorp in Itasca, Ill., has hired the former chief financial officer at Fulton Financial, about two weeks after he announced his resignation from the Lancaster, Pa., company.

The Nebraska CU League says membership at credit unions in the Cornhusker State has risen by more than 15% over the past five years.

A former senior teller at Exchange National Bank & Trust in Atchison, Kan., has been sentenced to prison time and ordered to pay restitution after pleading guilty to an embezzlement scheme.

First Commonwealth Financial in Indiana, Pa., has hired a former Regions Financial executive to lead several of its consumer lending groups.

The Federal Reserve Board has banned two former Regions Financial executives from the banking industry following their indictment on charges of defrauding the Birmingham, Ala., company.

Peapack-Gladstone Financial in Bedminster, N.J., has filed a shelf registration statement to sell as much as $100 million in securities.

Flagstar Bancorp in Troy, Mich., said that the Office of the Comptroller of the Currency has terminated its 2012 consent order with its Flagstar Bank on Monday.

U.S. Bancorp in Minneapolis has promoted Beth McDonnell to chief marketing officer.

City Holding in Charleston, W.Va., is looking to raise up to $55 million in a stock offering.

Alaska USA Insurance Brokers in Anchorage has agreed to sell its commercial insurance and employee benefits books of business to Acrisure in Caledonia, Mich.

United Community Banks in Blairsville, Ga., is searching for a new financial chief officer.

Wayne Savings Bancshares in Wooster, Ohio, is looking for a new CEO.

BancorpSouth in Tupelo, Miss., has bought Waguespack & Associates Insurance in Gonzales, La.

Two former executives of the failed GulfSouth Private Bank in Destin, Fla., and another man have been indicted on federal charges of defrauding the Troubled Asset Relief Program of $7.5 million.