Recent News

Middlefield Banc Corp. and Liberty Bancshares, Inc. Announce Merger
Posted: 05/26/2022

MIDDLEFIELD, Ohio and ADA, Ohio, May 26, 2022 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (“Middlefield”, or the “Company”) (NASDAQ: MBCN), the bank holding company for The Middlefield Banking Company...

Hanover Bancorp, Inc. Completes Initial Public Offering and Reports Second Fiscal Quarter Net Income of $5.9 million
Posted: 05/21/2022

MINEOLA, N. Y., May 16, 2022 (GLOBE NEWSWIRE) -- Hanover Bancorp, Inc. (“Hanover” or “the Company”), the holding company for Hanover Community Bank (“the Bank”) today reported significant performance...

Bank of Idaho to purchase five branches in Washington state
Posted: 05/11/2022

Bank of Idaho has agreed to buy five branches in Washington from HomeStreet Bank in Seattle. Bank of Idaho Holding, the parent company of the $738 million-asset Bank of Idaho, said its purchase of...

Bank of Idaho Holding Company Announces Completion of $53.2 Million Common Stock Private Placement
Posted: 05/11/2022

Bank of Idaho Holding Co. (OTCQX:BOID, Financial) (the "Company"), the holding company for Bank of Idaho, today announced the completion of a $53.2 million private placement in aggregate principal am...

Colorado-based Legacy Bank completes merger with InBankshares unit
Posted: 05/06/2022

Wiley, Colo.-based Legacy Bank completed its merger with and into InBank, a subsidiary of InBankshares Corp, effective April 29. Under the terms of the deal, Greenwood Village, Colo.-based InBanks...

Spend Life Wisely Company Raises Growth Capital
Posted: 01/28/2022

DURANT, OK – Spend Life Wisely Company, Inc., a leading purpose based financial institution, announced today that it has completed a private placement of approximately $80.5 million of common stock...

Citizens Bank of Edmond CEO Jill Castilla appointed to Federal Reserve Advisory Council
Posted: 01/14/2022

Citizens Bank of Edmond President and CEO Jill Castilla has been appointed to the Federal Reserve's 12-member Federal Advisory Council. She will represent the Fed's Kansas City District, which inc...

Mid Penn Bancorp, Inc. Completes Acquisition of Riverview Financial Corporation
Posted: 12/01/2021

MILLERSBURG, Pa., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB) today announced that its acquisition of Riverview Financial Corporation (“Riverview”) was complet...

Guaranty Federal Bancshares, Inc. Announces Agreement to Merge with QCR Holdings, Inc.
Posted: 11/09/2021

MOLINE, Ill. and SPRINGFIELD, Mo., Nov. 09, 2021 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (“QCR Holdings”) and Guaranty Federal Bancshares, Inc. (NASDAQ: GFED) (“Guaranty”) jointly annou...

Southern California Bancorp Completes Acquisition of Bank of Santa Clarita
Posted: 10/04/2021

San Diego, Calif., October 4, 2021 – Southern California Bancorp (the “Company”) (OTC Pink: BCAL), today announced that effective on October 1, 2021, it completed its previously announced acquisiti...

United Community Banks, Inc. Announces Completion of Merger With Aquesta Financial Holdings, Inc. and Aquesta Bank
Posted: 10/01/2021

GREENVILLE, S.C., Oct. 01, 2021 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (United) has completed its merger, effective October 1, 2021, with Aquesta Financial Holdings, Inc. (OT...

Colony Bankcorp completes acquisition of SouthCrest Financial, Barnes Agency
Posted: 08/02/2021

Fitzgerald, Ga.-based Colony Bankcorp Inc. completed the previously announced acquisition of Atlanta-based SouthCrest Financial Group Inc. Under the terms of the agreement, each SouthCrest common ...

Calif.-based Suncrest Bank to merge with Citizens Business Bank in $204M deal
Posted: 07/27/2021

Ontario, Calif.-based CVB Financial Corp. and Visalia, Calif.-based Suncrest Bank signed an agreement under which Suncrest will merge with and into CVB unit Citizens Business Bank in a stock and cash...

Enterprise Financial Services Corp Announces Completion of Merger With First Choice Bancorp
Posted: 07/21/2021

ST. LOUIS--(BUSINESS WIRE)-- Enterprise Financial Services Corp (Nasdaq: EFSC) (the “Company,” “EFSC,” or “Enterprise”), the holding company of Enterprise Bank & Trust (“EB&T”), announced today the c...

Mid Penn Bancorp, Inc. Signs Definitive Agreement to Acquire Riverview Financial Corporation
Posted: 06/30/2021

Combination of two leading franchises creates a premier Pennsylvania community bank with approximately $4.8 billion in assets

Colorado-based InBankshares completes $5M stock offering
Posted: 06/03/2021

Greenwood Village, Colo.-based InBankshares Corp. on June 2 reported the sale of $5 million worth of its common stock.

United Community Banks, Inc. and Aquesta Financial Holdings, Inc., the Parent of Aquesta Bank, Announce Merger Agreement
Posted: 05/27/2021

GREENVILLE, S.C., May 27, 2021 (GLOBE NEWSWIRE) — United Community Banks, Inc. (NASDAQ: UCBI) (United) and Aquesta Financial Holdings, Inc. (OTC Pink: AQFH) (Aquesta) announced today a definitive agr...

AmeriServ Financial, Inc. and Riverview Financial Corporation Complete Previously Announced Branch Purchase Transaction
Posted: 05/24/2021

JOHNSTOWN, Pa., May 24, 2021 /PRNewswire/ — AmeriServ Financial, Inc. (NASDAQ: ASRV), the parent company of AmeriServ Financial Bank, and Riverview Financial Corporation (NASDAQ: RIVE), the parent co...

West Virginia-based Summit Financial Group issues additional preferred shares
Posted: 05/03/2021

Moorefield, W.Va.-based Summit Financial Group Inc. sold in a private placement an additional $5.3 million, or 530 shares, of its 6.0% fixed-rate series 2021 noncumulative perpetual preferred stock.

Exclusive: Fintech VC Ryan Gilbert Launches His Own Venture Capital Firm
Posted: 04/29/2021

Entrepreneur-turned-venture-capitalist Ryan Gilbert has struck out on his own, creating venture firm Launchpad Capital to back earlystage startups in fintech, insurance and real estate.

Southern California Bancorp to Acquire Bank of Santa Clarita
Posted: 04/27/2021

San Diego and Santa Clarita, Calif., April 27, 2021 – Southern California Bancorp (OTC Pink: BCAL), the holding company for Bank of Southern California, N.A. (the “Bank”), and Bank of Santa Clarita (...

Enterprise Financial Services Corp to Acquire First Choice Bancorp
Posted: 04/26/2021

ST. LOUIS & CERRITOS, Calif.–(BUSINESS WIRE)–Enterprise Financial Services Corp (Nasdaq: EFSC) (the “Company,” “EFSC,” or “Enterprise”), the holding company of Enterprise Bank & Trust (“EB&T”), and F...

MVB Bank to Sell Four Banking Centers to Summit Community Bank
Posted: 04/23/2021

FAIRMONT, W.Va.–(BUSINESS WIRE)–MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (“MVB” “MVB Financial”) (NASDAQ: MVBF), announced today the signing of a definitive agreement under wh...

Colony Bankcorp and SouthCrest Financial Group to Combine in Transformational Merger
Posted: 04/22/2021

FITZGERALD, Ga & ATLANTA–(BUSINESS WIRE)–Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or “the Company”), the holding company for Colony Bank, and SouthCrest Financial Group, Inc. (PK: SCSG) (“South...

Southern California Bancorp Announces Sale of Three Branches to Friendly Hills Bank
Posted: 04/19/2021

SAN DIEGO & WHITTIER, Calif.–(BUSINESS WIRE)–Southern California Bancorp (OTC Pink: BCAL), the holding company for Bank of Southern California, N.A., and Friendly Hills Bank (OTCBB: FHLB) jointly ann...

West Virginia-based Summit Financial Group issues preferred shares
Posted: 04/16/2021

Moorefield, W.Va.-based Summit Financial Group Inc. sold in a private placement $9.7 million of its 6.0% fixed-rate series 2021 noncumulative perpetual preferred stock.

Southern National Bancorp of Virginia, Inc. is now Primis Financial Corp.
Posted: 03/31/2021

MCLEAN, Va., March 31, 2021 /PRNewswire/ — Southern National Bancorp of Virginia, Inc. (the “Company”) (NASDAQ: SONA), the parent of Sonabank, today announced that it has changed its corporate name a...

Bank of Southern California Expands Its Footprint to Include the San Fernando Valley
Posted: 01/25/2021

San Diego, January 25, 2021 – Bank of Southern California, N.A. (OTC Pink: BCAL), a commercial bank headquartered in San Diego, is excited to announce the opening of a full-service branch location in...

SouthCrest Bank Completes the Purchase of Thomaston Branch from Colony Bank
Posted: 01/05/2021

ATLANTA, Jan. 05, 2021 (GLOBE NEWSWIRE) — SouthCrest Bank, a division of SouthCrest Financial Group (SCSG: PK), completed the purchase of the Thomaston, GA branch of Colony Bank on December 30th, 202...