Capital

Huntingdon Valley Bank in Pennsylvania has revived its plan for a mutual conversion.

Severn Bancorp in Annapolis, Md., has redeemed the last shares tied to the Troubled Asset Relief Program.

Colony Bankcorp in Fitzgerald, Ga., has redeemed $3.6 million in perpetual preferred stock associated with the Troubled Asset Relief Program.

Live Oak Bancshares in Wilmington, N.C., has formed a renewable energy lending division.

CapStar Financial Holdings in Nashville, Tenn., whose board includes a top Credit Suisse executive, has filed plans to raise up to $46 million in an initial public offering.

Metropolitan Bank Holding Corp. in New York has raised $34.4 million through a stock offering.

The holding company for Tennessee's FirstBank plans to hold an initial public offering, in order to make more than $65 million in distributions and debt repayments to its chairman.

The Bancorp in Wilmington, Del., disclosed the identities of directors nominated to its board by two investor groups.

The first commercial mortgage-backed security to comply with "skin in the game" requirements was extremely well received. Market participants credit the way the large banks sponsoring the deal retained the risk – a strategy unavailable to nonbank lenders.

The $185 million-asset bank said in a press release Tuesday that it is offering 800,000 shares of its common stock at a price of $7.50 each.