The $442 million-asset company began raising the capital on June 21; the campaign closed on Friday, according to a regulatory filing.

Banks are providing less warehouse financing for collateralized loan obligations, so CLO managers have dusted off an old financing tool, delayed draws, to keep pace with demand.

First Federal Bancshares of Arkansas (FFBH) in Harrison has agreed to buy First National Security in Hot Springs, Ark.

First South Bancorp, a privately held Tennessee company, has enough capital support to do deals without having to go public, CEO Chris Holmes says in a Q&A.

A breakdown of M&A announcements in the financial services industry for the week ended July 6.

Santa Monica, Calif. is expected to join a growing list of cities nationwide that are hiring private collection agencies to pursue delinquent fees, taxes and finds such as parking citations and library fees.

Anchor BanCorp Wisconsin (ABCW) has defaulted on a loan from a group of banks led by U.S. Bancorp (USB) after the Federal Reserve Board rejected a request to extend the loan.

The nation's biggest mutual thrift has endured litigation, activists' protests and a check-kiting scandal at Roma, a thrift it is trying to buy.

Senior executives at JPMorgan Chase and TD Bank predict that the Affordable Care Act, aka "Obamacare," will put some of their health care clients out of business but provide extra M&A advisory work.

Community Bank Shares of Indiana in New Albany recorded a nearly $1 million charge in the second quarter for a failed-bank acquisition.

First Merchants (FRME) in Muncie, Ind., had healthy competition in its effort to buy CFS Bancorp (CITZ) in Munster, Ind.

John W. Allison of Home BancShares was on the prowl for a deal in Florida when a "game-changer" came up in its home state of Arkansas. He sacrificed geographic diversification for a local moneymaker. Was it the right move for the long term?

Carolina Premier Bank hopes its blend of Southern charm and robust technology (robotic bankers, anyone?) will be a hit with residents in the nation's capital.

Virginia Heritage Bank (VGBK) in Tysons Corner raised $22 million in its recent public offering.

Another FBR bank analyst is leaving the northern Virginia boutique to pursue a career in investor relations. Brett Scheiner has left FBR to become the investor relations officer for Popular Inc. (BPOP) in San Juan, Puerto Rico.

Serial acquirer Grandpoint Capital has agreed to buy Gilmore Bank. Both are in Los Angeles.

First ULB (FUBP) in Oakland, Calif., has agreed to buy Union Financial in Albuquerque, N.M.

Prosperity Bancshares in Houston rarely participates in auctions, but CEO David Zalman was confident enough of his offer for FVNB to the bank solicit another bid. Zalman won, and Prosperity's investors embraced the result.

The $400 million-asset bank said Tuesday that it had acquired Luhn-McCain Insurance, also in San Antonio. The bank did not disclose the price.

Consumers Bancorp (CBKM) in Minerva, Ohio, has completed a $9.7 million rights offering and will seek to raise an additional $300,000 through a public offering of common stock.