Finance

Green Bancorp's aggressive plan to attack its credit quality troubles and do what few Texas banks once would have dreamed of – quit energy lending – make it a subject of debate and a community bank to watch closely in 2017.

Get out of the red six months from now. That is Fred Viaud's goal for Glen Rock Savings Bank in New Jersey, which on Tuesday said he would be promoted to president and CEO next week.

Deutsche Bank AG will have to clear a lower capital hurdle next year, joining other European lenders who are benefiting from a change in how the European Central Bank sets the requirements.

The Treasury Department has significantly reduced its stake in Broadway Financial in Los Angeles.

Stephen Gordon has long been known as an entrepreneurial banker, which helped him expand his California bank aggressively over a five-year period. A spike in chargeoffs that led to a third-quarter loss spurred Gordon to beef up credit oversight. The question is whether that effort will stymie loan growth.

Highlands Bancorp in Vernon, N.J., has raised $8.5 million through a sale of common stock.

American Banker predicted these five bankers would make news. Several delivered, mostly with small, strategic deals and finding ways to make money in spite of challenging conditions.

Add Investar Holding in Baton Rouge, La., to the growing list of community banks filing shelf registrations.

The blockchain startup Axoni has raised $18 million in a Series A funding round led by Wells Fargo and Euclid Opportunities, the fintech investment business of the interdealer brokerage ICAP.

Sussex Bancorp in Rockaway, N.J., has raised $15 million by selling fixed- to floating-rate subordinated notes to an institutional investor. It did not name the investor.

Regulators have warned about the dangers of high commercial real estate concentrations despite bankers' assertions that they are managing risk better than they did before the financial crisis. Still, CRE concerns could influence M&A and loan diversification in 2017.

Equity Bancshares in Wichita, Kan., has raised $35.4 million in a common stock offering and plans to use the proceeds to pay down a line of credit and support growth.

Prosperity Bancshares in Houston filed a shelf registration to sell a variety of shares.

A Danish company called Cardlay has closed a $4 million funding round to deploy its white label card management solution to banks.

Peapack-Gladstone Financial in Bedminster, N.J., has filed a shelf registration statement to sell as much as $100 million in securities.

City Holding in Charleston, W.Va., is looking to raise up to $55 million in a stock offering.

Ameris Bancorp in Georgia wanted to buy a premium-finance business but settled for a joint venture, blessed by its regulators, after being flagged for insufficient Bank Secrecy Act compliance.

The banking system ultimately needs a balanced approach to capital, which allows banks to efficiently function while also maintaining financial stability.

Ameris Bancorp in Moultrie, Ga., has entered into a consent order with regulators tied to the Bank Secrecy Act.

Barclays is preparing to tell 7,000 clients to do more trading with the firm or find another bank, the latest move in an industrywide trend of winnowing down customer lists to the ones that produce significant profits.