-
The $442 million-asset company began raising the capital on June 21; the campaign closed on Friday, according to a regulatory filing.
July 8 -
Independence Bancshares (IEBS) in Greenville, S.C., plans to raise $1.8 million in a follow-up offering to a private placement that closed last December.
July 3 -
Virginia Heritage Bank (VGBK) in Tysons Corner raised $22 million in its recent public offering.
July 3 -
Eastern Virginia Bancshares (EVBS) has closed a $5 million rights offering. The offering followed a $45 million private placement announced in March, in which the company sold a 30% stake to institutional investors.
July 2
FBC Bancshares in Conroe, Texas, has raised $13 million in a debt offering.
FBC, parent to the $328 million-asset First Bank, began selling the debt on June 30, according to a
The debt was purchased by 46 investors, including 12 non-accredited investors.
The filing gave no indication of how FBC plans to use the proceeds, except to say it will not use them to fund a merger or acquisition or to pay executives.
FBC was incorporated this year. Its banking unit has seven locations in Texas.