Cap Markets

Prosper Marketplace, one of the leading U.S. consumer marketplace lenders, announced $165 million in equity funding from large banks and other investors Wednesday.

Banc of California in Irvine has begun two securities offerings, one of which aims to raise $175 million.

Foundation Bancorp in Bellevue, Wash., has sold $15 million of convertible preferred stock in a private offering.

Farm banks have enjoyed several years of robust loan volume, but declining farm income has them on guard for increases in delinquencies and more eager to use government-guarantee programs.

Southern Missouri Bancorp in Poplar Bluff has filed to sell $20 million in preferred stock it issued to the Treasury Department as part of the Small Business Lending Fund.

Regulatory approval of Primary Bank in New Hampshire does not make a trend, but observers are hopeful it signals a more promising near future for the chartering of new banks.

If successful, Provident Bank in Massachusetts and Cincinnati Federal in Ohio would become the first new mutual holding companies since 2011, giving some hope that the structure could make a comeback.

Kevin Cummings, the New Jersey company's CEO, transformed Investors to sizable bank prior to its second-step conversion last May. With $2.2 billion in capital and an updated core system, Cummings has his sights on the company's next growth phase.

WSFS Financial in Wilmington, Del., has made a number of executive changes following the planned departure of its chief financial officer.

Financial Institutions Inc. in Warsaw, N.Y., has filed to sell up to $100 million in debt and equity.