Capital

The Tennessee regional said the sale should boost quarterly profit by $160 million.

Credit union advocates shattered records with the number of comment letters they sent the regulator when its original risk-based capital proposal was issued, but a revision proposed last month garnered just 37 responses.

The company and certain investors plan to sell $35 million in stock through the proposed offering.

Organizers of Dogwood State Bank are looking to raise $75 million in hopes of opening by mid-2019.

The company said it could use proceeds to fund organic growth or acquisitions.

SWNB Bancorp was unable to secure enough votes to back its proposed sale to Hanmi Financial.

Bank7, which aims to raise $75 million, also has extensive dealings in the hospitality industry. The company has completed two acquisitions since 2011.

Lakeland will expand its operations in three counties in its home state of New Jersey with the $57 million acquisition.

The company will enter the Iowa cities of Des Moines and Dubuque as part of the $170 million acquisition.

The Illinois company will become one of the area's top 10 banks after buying Bank of Edwardsville.

FVCBancorp will use part of the proceeds to help pay for its pending acquisition of Colombo Bank.

Farmers & Merchants will pay $89 million for the parent of Bank of Geneva.

The Oakland bank has raised $25 million through a private placement of common stock.

The first meeting is structured like a job interview. After that, organizers should expect plenty of questions about money, management and markets.

Jacobs Asset Management, which expressed frustration over a slow turnaround at MidSouth, said it could launch a proxy battle at next year's annual meeting.

Ratings firms and mutual funds are seeing greater value in community banks because of their simplicity and local connections.

Organizers of Piermont Bank said in their application with the FDIC that they want to raise $100 million and eventually operate in several urban coastal communities.

Keith Mestrich, who runs the union-founded bank, plans to use a more liquid stock to pursue acquisitions in cities such as Boston, Seattle and Los Angeles.

Guaranty Bancorp could have had a different owner if not for a suitor’s ill-timed stock hiccup that gave a rival the upper hand.

The transaction was set up to give Mercantil more autonomy to expand in South Florida, Houston and New York.