Cap Markets

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.

Kearny Financial in Fairfield, N.J., is moving ahead with its second-step conversion after getting approval from the Federal Reserve Board.

First Republic Bank in San Francisco is planning to raise more than $200 million in a public offering.

Lucrative sale of a subprime lending unit. Big credit card deal. Clear business plan. It's looking like a good year for Citi — provided it passes the CCAR stress test this week and fills a key executive post.