News Topic: Capital

Just two months after a capital infusion, First Capital Bancshares added banking veterans including John McCoy and Harvey Glick as directors in a board overhaul, changed CEOs, and decided to move its corporate headquarters to Charleston, S.C. ... Read full article

The Chicago institution, formed in 2010 to buy the failed ShoreBank, has hired Sandler O'Neill to gauge interest from potential buyers, according to a published report. ... Read full article

Having solid relationships with those who cover the banking industry can lend credibility to management teams, especially when times are tough. ... Read full article

The as-yet-unnamed bank, which would be based near Charlotte, N.C., would be led by Randy Helton, a former CEO at American Community Bancshares. ... Read full article

The company agreed to buy Bank of River Oaks for $85 million in cash. ... Read full article

The California company has agreed to buy Grandpoint Capital, a business bank in Los Angeles, for $641 million. ... Read full article

At least eight banks are in various stages of formation, including two that have opened. While that is nowhere near the de novo activity of the early 2000s, it's a positively brisk pace compared with the standstill that existed for many years after ... Read full article

The company, which is planning to sell at least $25 million in stock, said in a presentation tied to the offering that it is well positioned for M&A. ... Read full article

The company, which raised $23 million through a private placement, had a 6.97% total capital ratio at Dec. 31. ... Read full article

The bank said it plans to use proceeds from the placement to expand its operations. ... Read full article

The Texas company will gain four branches and $160 million in loans after the acquisition closes. ... Read full article

The private-equity firms, which invested in a predecessor to Union Bancshares in May 2010, sold their shares for a total of $301 million. ... Read full article

Ameris would gain 24 Atlanta-area branches in the $406 million deal. ... Read full article

Marathon International Bank would target the Ethiopian community with specific advertising and educational programs. ... Read full article

NewDominion, which has completed an improbable turnaround, is the last community bank based in Charlotte, N.C. ... Read full article

The company sold common stock to employees, existing shareholders and new investors. ... Read full article

The company will pay $62 million in cash for a bank with four branches and $337 million in assets. ... Read full article

Organizers of Sterling Bank have filed an application with the FDIC and have set a $20 million capital target. ... Read full article