Americas

SBT Bancorp in Simsbury, Conn., plans to raise about $7.5 million through a private placement of subordinated debt and $8.6 million through a public offering of common stock.

Citizens First in Bowling Green, Ky., has appointed a Tennessee businessman and a Kentucky government official to its board.

ASB Bancorp in Asheville, N.C., has received its second demand in less than a month to put itself on the auction block.

First Financial Northwest in Renton, Wash., has added a former Sandler O'Neill investment banker and a PacWest Bancorp director to its board.

Santa Cruz County Bank in California has named Angelo DeBernardo its chief lending officer.

Cecil Bancorp in Elkton, Md., has been ordered by federal regulators to raise more capital or sell itself.

First Horizon National in Memphis, Tenn., is giving itself another two months to complete its purchase of TrustAtlantic Financial.

United Bancshares in Columbus Grove, Ohio, has resolved a looming hole in its lineup — chief financial officer. Anthony Eramo will start Sept. 5 as CFO of the $629 million-asset company and its subsidiary, Union Bank Co.

New York Community Bancorp in Westbury has named Leslie Dunn, a Federal Home Loan Bank director, to its board.

First Business Financial Services in Madison, Wis., has named Michael Murphy its chief accounting officer.