Cap Markets

The Federal Home Loan Bank of San Francisco is exploring ways to use $40 million it received as part of a private-label securities settlement to support small-business development and job creation to help future homebuyers.

Ray Grace, North Carolina's banking commissioner, believes federal bank regulators should embrace charters for banks dedicated to innovation. Doing so, he said, would help the banking industry secure its spot as a "laboratory for change."

EverBank Financial in Jacksonville, Fla., plans to raise $90 million through a public offering of subordinated debt.

That is the message from North Carolina's banking commissioner and others who think the odds of preventing the rule are so low, and the amount of preparation needed to comply so great, that bankers should get real.

Not only are widening credit spreads for both banks and the companies they lend to a red flag, but the financial sector is also feeling a hit from lower energy prices.

Peoples Bancorp in Marietta, Ohio, has obtained a $15 million credit line and has paid off an earlier loan.

Add BB&T to the list of banks bolstering reserves because of growing concerns about energy exposure.

Alamogordo Financial in Alamogordo, N.M., plans to convert from a mutual to a fully stock-owned bank holding company.

HarborOne Bank, a mutually owned co-operative bank in Brockton, Mass., plans to sell shares to the public.

The $8.2 billion-asset company will issue about 4.9 million shares at $14.50 apiece, according to a news release Thursday.