Happy Bancshares has raised more than $51 million in new capital from investors in a just-closed private placement stock offering, Chairman and CEO J. Pat Hickman said. Less than two weeks ago, Happy Bancshares — parent holding company of Happy State Bank & Trust Co. — announced it raised more than $100 million through a separate offering of bank debt for investors to purchase. Hickman said the combined cash from both offerings will be used to fuel growth for the bank, which already has made some expansion moves this year. read more

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