Hyperion Bancshares, Inc., the parent company of Hyperion Bank, announces the closing of an oversubscribed $14.7 million capital raise. Hyperion led the offering, which included a dual tranche structure of common and preferred stock, a format advisors say is unique among community banks. Unlike many capital raises in the sector, the proceeds will fund continued organic growth in Hyperion’s two markets – Atlanta and Philadelphia – rather than an acquisition, merger or balance-sheet repair.

“We are elated with the amount of participation and execution of this oversubscribed offering on attractive terms,” says longtime community banker Charlie Crawford, Chairman & CEO of Hyperion. “The offering was structured with unique aspects that enable us to receive Tier 1 capital that is leverageable, while also providing our investors with exposure to Hyperion in the manner of their choosing – a win-win. This capital will be vital in supporting our double-digit growth throughout our operating markets and will enable us to remain the heartbeat of the communities we serve in Philadelphia and Atlanta.”

The Offering closed on schedule June 1 and consisted of $8.6 million in common equity and $6.1 million in preferred stock. The common shares priced at $14.34 per share, or approximately 100% of tangible book value as of December 31, 2025. The preferred shares carry a fixed 6.50% quarterly dividend and a perpetual maturity, with mutual redemption rights available to the Company and to investors beginning on the fifth anniversary of the closing date.

The Offering was approximately two times oversubscribed and attracted 66 investors across both tranches, including a meaningful number of new shareholders. Forty-eight investors, 27 of them new, participated in the common tranche, and 18 investors, seven of them new, participated in the preferred tranche. Hyperion conducted the fundraising largely on its own, drawing on investors from the communities it serves. Hyperion could not readily identify comparable community-bank offerings that combined preferred stock with the put/call features used in this transaction, highlighting how unique this raise was.

The raise comes as Hyperion continues to post strong growth. Deposits increased 23% year over year and loans grew 19%, with loan growth running four times faster than the same period in 2025. Book value per share increased 10.5% over the last 12 months. Through May, Hyperion grew at roughly a 17% annualized pace, a trajectory that presented management with a choice: slow growth or bring in additional capital to continue executing its strategy while maintaining disciplined underwriting and credit quality. Later this year Hyperion will celebrate its 20^th anniversary.

Performance Trust Capital Partners served as strategic advisor to Hyperion, including structuring the offering. Windels Marx Lane & Mittendorf, LLP served as Hyperion’s legal counsel in the Offering.