Cap Markets

Citizens & Northern in Wellsboro, Pa., has paid off a $24 million repurchase agreement and will record a loss on the prepayment.

Birmingham Bloomfield Bancshares in Birmingham, Mich., has redeemed its shares in the Small Business Lending Fund and exited the program.

The $3.9 billion-asset holding company for Busey Bank redeemed all its remaining shares in the program at a total redemption price of about $72.8 million.

Tri-Valley Bank in San Ramon, Calif., said that its largest individual shareholder is making a bid to double his stake.

California Republic Bancorp in Irvine has securitized $380 million of its prime auto loans.

For steering the Winston-Salem, N.C., company through an extended period of industry adversity, while providing a blueprint for large-scale M&A, King has been named American Banker's Banker of the Year for 2015.

Three banks have redeemed shares of preferred stock to make their exits from the Small Business Lending Fund.

De novo activity has remained at a trickle and the reason is investing in a new bank just isn't attractive as it used to be.

Salisbury Bancorp. in Lakeville, Conn., has issued $10 million in subordinated debt and plans to exit the Small Business Lending Fund.

Community bank executives are wary about the year ahead. Cybersecurity threats, the real possibility of even tighter margins after the Federal Reserve acts, and compliance woes are among their concerns.