The Bank Slate


Three banks raise $72M via private placements

Three community banks recently raised capital through private placements.

NexBank Capital in Dallas said in a press release that it brough in $50 million after selling nearly 200,000 shares of common stock. The $13.3 billion-asset company said it plans to use the net proceeds for growth capital and other purposes.
KeyStone Bancshares in Austin, Texas, raised $18 million, while RiverBank Holding in Spokane, Wash., brough in nearly $4.4 million, according to data collected by Performance Trust Capital Partners.
KeyStone has $686 million of assets, while RiverBank is a $208 million-asset institution.

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