Americas

The $3.4 billion-asset company plans to use the proceeds for general corporate purposes, possible acquisitions and capital investments in Bridgehampton National Bank.

The $2 billion-asset company said in a press release Wednesday that Douglas Glenn resigned as president and chief executive. Glenn, who was 48 as of the company's April 27 proxy, also resigned as a director. He had been the chief executive since August 2011.

A Federal Reserve decision is expected soon on M&T's long-delayed application to buy Hudson City Bancorp. M&T would still get strategic benefits it sought, but Hudson City has shrunk and become less profitable since it agreed to sell three years ago, and the cost of the deal has risen.

CircleBack Lending, a Boca Raton, Fla., marketplace lender, has completed a $17.4 million round of equity financing.

Iberiabank in Lafayette, La., plans to close eight branches in Louisiana, Alabama and Florida.

Simmons First National in Pine Bluff, Ark., has agreed to an early termination of its federal loss-share agreements for its acquisition of four failed banks.

Alliance Data Systems has agreed to work with Toyota on a new line of private-label credit cards and to manage the Japanese automaker's existing co-branded card program.

Peoples Community Bank in Greenville, Mo., has agreed to buy Cabool State Bank, also in Missouri.

Baker Boyer National Bank in Walla Walla, Wash., has tapped president Mark Kajita as its new chief executive.

PSB Holdings in Putnam, Conn., plans to convert from mutual ownership to a stock-owned bank.