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.