Finance

Liberty Shares in Hinesville, Ga., one of a handful of banks still stuck in the Troubled Asset Relief Program, has raised $26 million in capital.

Flagstar Bancorp in Troy, Mich., is paying $371 million to put behind it the vestiges of its dealings with the Troubled Asset Relief Program.

First Bank in Hamilton, N.J., has raised $13.7 million by selling common stock.

BankFinancial in Olympia Fields, Ill., said it expects to record an $875,000 gain in the second quarter after selling three loans.

WASHINGTON – More than fifty state bankers associations have rallied behind legislation from Rep. Randy Neugebauer, R-Texas, to repeal caps on debit interchange fees.

FVCBankcorp in Fairfax, Va., and Independent Bank Group in McKinney, Texas, are raising capital through private and public offerings of subordinated notes.

Tim Sloan, president and COO at Wells Fargo, is widely viewed as next in line to take over as CEO of the bank. He discussed the speculation — as well as energy lending, credit standards, living wills and a number of other topics — in a recent interview.

Peapack-Gladstone Financial in Bedminster, N.J., is considering additional acquisitions in wealth management after raising $50 million in subordinated debt.

Bank of the Ozarks in Little Rock, Ark., has launched a subordinated debt offering that was well telegraphed to the market but that is smaller than some had anticipated.

During an event in Washington, Brian Moynihan touched on the regulatory environment as well as technological innovations like the distributed ledger that are changing the banking industry.

The Securities and Exchange Commission has given community banks and other small companies more flexibility to issue private stock, but even more flexibility should be granted to fulfill congressional intent.

WSFS Financial Corporation in Wilmington, Del., is looking to raise $100 million through the sale of notes and plans to use the proceeds for a range of purposes, including possible acquisitions.

Sen. Dick Durbin, D-Ill., wrote to Visa on Tuesday to denounce an alleged new fee assessed by the company on credit and debit card issuers that see their business shift to a competing card network.

Hot demand for shares of Enterprise Bancorp in Lowell, Mass., has prompted the bank to double the size of its secondary offering.

Ottawa Savings Bancorp in Ottawa, Ill., is planning its second-step conversion.

How Eastern Bank pulled off something few community banks have: launching a digital lending product that the 197-year-old mutual dreamed up in its innovation lab.

First Republic Bank in San Francisco plans to raise about $178 million through a common stock offering.

Paragon Commercial could raise up to $29 million when the Raleigh, N.C., company conducts its initial public offering.

Merchants are increasingly frustrated over how the EMV deployment has interfered with their legally guaranteed options for PIN debit transaction routing and authorization — and since the government gave merchants this right, the Merchant Advisory Group is appealing to the government to take a look at how things have played out.

First Internet Bancorp in Indianapolis plans a secondary offering of about $20 million of common stock.