On December 12, 2017, Peapack-Gladstone Financial Corporation, Bedminster, New Jersey, the holding company for Peapack-Gladstone Bank, completed an underwritten public offering of $35.0 million principal amount of fixed-to-floating rate subordinated notes due 2027.

Luse Gorman served as legal counsel to Peapack-Gladstone in the offering. The Luse Gorman team included Michael Brown, Lawrence Spaccasi and Scott Brown.

Peapack-Gladstone Financial Corporation had a total of $4.18 billion in total assets at September 30, 2017.  Peapack-Gladstone Bank operates through its private banking locations in Bedminster, Morristown, Princeton and Teaneck, New Jersey, its wealth management division and its branch network in Somerset, Morris, Hunterdon and Union counties, New Jersey.