The $1.9 billion-asset company said in a press
release Monday that it sold nearly 1.2 million shares of common stock at $33.50
a share. About 150,000 shares were sold as part of the underwriters’
overallotment option.
The company said in a prospectus
that net proceeds could be used to support growth in areas such as lending and
wealth management and to financial strategic acquisitions, among other things.
Piper Sandler and Stephens were the joint book-running
managers.
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