Americas

National Commerce in Birmingham, Ala., has issued $25 million in subordinated debt.

State Bank in Atlanta convinced a jittery seller to work out a deal by promising to do an all-cash purchase if its own stock faltered.

First Citizens BancShares in Raleigh, N.C., has agreed to buy Cordia Bancorp in Midlothian, Va.

TD Bank announced Thursday that it is doing away with the Penny Arcade coin-counting machines that are stationed in more than 1,000 of its branches along the East Coast.

A former head of the U.S. unit of Dutch-owned insurance company Aegon has been named chairman of a community bank in Illinois.

Banc of California’s shareholders delivered a pair of rebukes for the Irvine company’s management.

Shareholders at KeyCorp in Cleveland soundly rejected a proposal to separate the chairman and chief executive roles.

State Bank Financial in Atlanta has agreed to buy S Bankshares in Glennville, Ga.

The $420 million-asset company said in a press release Thursday that Keith Costello, who formed Broward Bank of Commerce in Fort Lauderdale in 2009, will succeed Ken LaRoe as chief executive of First Green Bank.

Simmons First National in Pine Bluff, Ark., has agreed to buy Citizens National Bancorp in Athens, Tenn.