Green Bancorp in Houston has filed to raise $100 million by going public.

The $1.7 billion-asset company filed a prospectus for an initial public offering on Tuesday, though it did not detail how many shares it plans to sell or the expected price per share. Sandler O'Neill, Jefferies, J.P. Morgan, RBC Capital Markets and Keefe Bruyette & Woods are underwriting the IPO.

Green Bancorp said in its filing that it plans to use $8 million of the IPO's net proceeds to partially pay for its pending $46 million acquisition of SP Bancorp (SPBC) in Plano, Texas. The company would contribute all but $5 million of the remaining net proceeds to its bank. The filing said that, other than SP Bancorp, the company has "no other current plans, arrangements or understandings to many any acquisitions."

The filing indicated that some shares would be sold by investment funds associated with private equity firms Friedman Fleischer & Lowe, Harvest Partners and Pine Brook Road Partners, which each own about 24% of Green Bancorp's stock. Green Bancorp would not receive any proceeds from those sales.

Green Bancorp is the latest banking company to go public, joining a list that includes Talmer Bancorp (TLMR), ServisFirst Bancshares (SFBS) and Bankwell Financial (BWFG). FCB Financial, formerly Bond Street Holdings in Weston, Fla., recently filed to go public.

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