Joseph Kellard

Old Dominion National Bank in McLean, Va., has raised $20 million through a private stock offering.

Blue Hills Bancorp in Norwood, Mass., expects to record a third-quarter chargeoff tied to a commercial borrower that may have committed fraud.

Provident Financial Holdings in Riverside, Calif., has restated earnings from its most-recent quarter after it booked higher loan-origination costs.

Community Savings in Caldwell, Ohio, has begun the process to convert from a mutual thrift to a stockholder-owned company.

First Midwest Bancorp in Itasca, Ill., has entered a sale-leaseback agreement with Oak Street Real Estate Capital in Chicago.

Raul G. Valdes-Fauli, president and chief executive of Professional Bank in Coral Gables, Fla., has died.

Camden National in Camden, Maine, is uniting its trust and bank units to form a wealth management division.

Hilltop Holdings in Dallas has promoted Alan White to share the chief executive role with Jeremy Ford.

BankUnited in Miami Lakes, Fla., has named Citigroup technology veteran Julio Jogaib as its chief information officer.

Cambridge Bancorp in Massachusetts has recruited two finance executives to spearhead its new asset-based lending practice.

The $222 billion-asset company has not yet publicly stated the number of branches or markets to be affected, but it "would be closing and consolidating some branches in early December," BB&T spokesman David White on Monday.

Customers Bancorp in Wyomissing, Pa., is seeking to raise as much as $133.5 million through two avenues: a newly announced preferred stock offering and previously announced secondary sales of common stock.

Huntingdon Valley Bank in Pennsylvania has revived its plan for a mutual conversion.

F.N.B. Corp. in Pittsburgh has recruited an executive from the recently sold FirstMerit Bank to spearhead its data-security efforts.

Glen Burnie Bancorp in Glen Burnie, Md., has decided it can do without a chief operating officer.

Severn Bancorp in Annapolis, Md., has redeemed the last shares tied to the Troubled Asset Relief Program.

Orrstown Financial Services in Shippensburg, Pa., has hired three former rivals from Metro Bank in Harrisburg: Adam Metz, Andrew Johnson and Doug Hummer.

Deb Gallagher will serve a five-year term on the North Dakota State Credit Union Board

Pacific Continental in Eugene, Ore., has found a key position for an executive from a bank it recently bought.

Colony Bankcorp in Fitzgerald, Ga., has redeemed $3.6 million in perpetual preferred stock associated with the Troubled Asset Relief Program.