-
Prairie Community Bank in Marengo, Ill., has raised $2.48 million in a private placement of its preferred stock.
July 13 -
ConnectOne Bancorp in Englewood Cliffs, N.J., has issued $50 million in subordinated debt and intends to exit the Small Business Lending Fund program.
July 1 -
Xenith Bankshares in Richmond, Va. has issued $8.5 million in subordinated debt and plans to use the proceeds to exit the Small Business Lending Fund.
June 29
BCB Bancorp has sold $2.4 million of preferred stock in a private placement.
The holding company for the $1.3 billion-asset BCB Community Bank in Bayonne, N.J., plans to use the proceeds primarily to bolster the bank's capital, a company press release said.
BCB offered 235 newly issued shares of Series C 6% noncumulative perpetual preferred stock at $10,000 per share to certain investors.
The sale closed July 13.
