Bank ends year with $15M capital raise

TAMPA — HomeBancorp has completed a $15 million capital raise through a subordinated debt offering.

New York investment banking firm Keefe, Bruyette & Woods helped Tampa-based HomeBancorp complete the offering, according to a statement.

“This new capital provides HomeBancorp Inc. the ability to further enhance profitability and grow shareholder value” says HomeBancorp Chairman, President and CEO Jerry Campbell in the release.

HomeBancorp's subsidiary, HomeBanc surpassed $1 billion in assets in April, becoming the seventh community bank in the region to hit that mark since 2010. The bank, founded in 2007, has 14 branches, mostly in the Tampa-St. Petersburg-Clearwater market. The branch network goes as far south as Lakewood Ranch, just east of the Interstate 75 University Parkway exit, and as far north as Orlando suburb Winter Park and Lake Mary. It also recently announced several leadership changes that go into effect next month. Longtime executive Debra Hanses Novakoski was named CEO of HomeBanc, among other changes.