Capital

The $58 million-asset company said in a press release Monday that Stephen Taylor, chairman and chief executive of Taylor Asset Management in Chicago, is leading a $6 million investment in its Neighborhood National Bank, effectively doubling its capital.

Alamogordo Financial in New Mexico has kicked into gear its plans to convert from a mutual to a fully shareholder-owned company.

Meta Financial Group in Sioux Falls, S.D., has expansion in mind, citing M&A and other growth-related pursuits as the reasons behind a $75 million debt issuance.

Old Line Bancshares in Bowie, Md., has issued $35 million in subordinated debt to help pay for an acquisition and for growth moves down the road.

Regions Financial in Birmingham, Ala., has offered to repurchase up to $750 million of its outstanding senior debt.

First Financial Northwest in Renton, Wash., said Wednesday that it has repurchased about 10% of its stock under a tender offer.

The $4.3 billion-asset holding company said in a press release Monday that the fixed- to floating-rate subordinated notes are due in 2026.

Pacific City Financial in Los Angeles has raised $15.3 million in a secondary stock offering.

The Bancorp in Wilmington, Del., has raised $74 million by selling common stock and a new series of preferred stock.

First Hawaiian is going the way of Citizens Financial, spinning off from its foreign parent and becoming a stand-alone company. But don't expect big changes anytime soon.