Recent News

Carlile Bancshares’ Northstar Bank of Texas Acquires Controlling Interest in Goldome Financial
Posted: 12/31/2012

DENTON, Texas–(PRNewswire)–Northstar Bank of Texas (“Northstar”), a state chartered banking association headquartered in Denton, Texas, a member of Carlile Bancshares, Inc. (“Carlile”), a bank holdin...

WashingtonFirst Completes Merger with Alliance Bankshares Corporation
Posted: 12/21/2012

RESTON, Va. and CHANTILLY, Va.–(BUSINESS WIRE)–WashingtonFirst Bankshares, Inc. (OTCBB: WFBI) and Alliance Bankshares Corporation (NASDAQ: ABVA) jointly announce the consummation of the merger of All...

First Bancorp Announces Capital Raise and Planned Asset Disposition
Posted: 12/21/2012

TROY, N.C.–(PRNewswire)–First Bancorp (NASDAQ: FBNC), the parent company of First Bank, has completed a $33.8 million private placement offering to select institutional investors.

Community Trust Financial Raises $85 Million Through Private Placement
Posted: 12/14/2012

Community Trust Financial Corporation (“Community Trust”) announced today that on December 14, 2012, it raised approximately $85 million in equity capital, before expenses, through a private placemen...

Square 1 Financial Announces $20.6 Million Capital Raise
Posted: 10/01/2012

Square 1 Financial, Inc., the holding company for Square 1 Bank, is pleased to announce that it has raised $20.6 million through a private placement of its common stock. Shares were sold to existing ...

Columbia Banking System to Acquire West Coast Bancorp
Posted: 09/26/2012

West Coast Bancorp on Wednesday said it will be acquired by Columbia Banking System in a deal valued at $506 million.

Intermountain Community Bancorp Announces Reverse Stock Split
Posted: 08/31/2012

SANDPOINT, Idaho–(GLOBE NEWSWIRE)–Intermountain Community Bancorp (OTCBB:IMCB) today announced that the Company will implement effective as of the close of business on October 5, 2012, a 1-for-10 rev...

WashingtonFirst Raises $25 Million in Private Offering
Posted: 08/10/2012

WashingtonFirst Bankshares Inc. has raised $25 million in a private offering and plans to file initial public offering papers with federal regulators Aug. 10 in preparation for its purchase of Allian...

Guaranty Bank and Trust Announces the Completion of Asset Purchase Agreement with Private Capital Management, Inc.
Posted: 08/02/2012

DENVER, CO–(Marketwired)–Guaranty Bank and Trust Company, a Colorado-based community bank and wholly-owned subsidiary of Guaranty Bancorp (GBNK), today announced that it has completed the previously ...

Heritage Commerce Redeeming $14 Million in Subordinated Debt
Posted: 07/26/2012

Heritage Commerce Corp (Nasdaq:HTBK), the holding company (“the Company” or “HCC”) for Heritage Bank of Commerce (“the Bank” or “HBC”), today reported net income increased 28% to $2.7 million for the...

Fed Terminates Written Agreement with Heritage Oaks Bancorp
Posted: 07/26/2012

Effective July 19, 2012, the Federal Reserve Bank (FRB) of San Francisco terminated its Written Agreement with the Company, which was issued on March 4, 2010. This followed the Federal Deposit Insura...

Fed Terminates Written Agreement with West Coast Bancorp
Posted: 07/03/2012

On June 27, 2012, the Written Agreement between the Federal Reserve Bank of San Francisco, the State of Oregon, Division of Finance and Corporate Securities (“DFCS”), and the Company was terminated. ...

Continental Bank Holdings Raises $17 Million for ‘Prudent Growth’
Posted: 06/11/2012

Continental Bank owner Continental Bank Holdings, Inc., Plymouth Meeting, says it’s raised $16.5 million in a private sale of common and “perpetual preferred” shares sales to specialty bank investor ...

Fed Terminates Written Agreement with Guaranty Bancorp
Posted: 05/22/2012

The Federal Reserve has lifted a written agreement with Guaranty Bancorp and its bank. The agreement required the company to submit a written capital plan. It also addressed board oversight, real est...

Carlile Bancshares, Inc. to Acquire Washington Investment Company and Its Subsidiary Colorado Community Bank
Posted: 05/17/2012

FORT WORTH, Texas–(PRNewswire)–Washington Investment Company (WIC), a Colorado Front Range bank holding company, which owns 100 percent of the stock of Colorado Community Bank and Carlile Bancshares,...

Heritage Oaks Regulatory Order Removed
Posted: 04/23/2012

Paso Robles-based Heritage Oaks Bancorp has bucked a regulatory consent order placed on it two years ago. The news came on April 23, as the firm reported that it earned $1.6 million in the first quar...

Heritage Commerce Corp Exits TARP by Repurchasing $40 Million in Preferred Stock from U.S. Treasury
Posted: 03/07/2012

Heritage Commerce Corp (Nasdaq: HTBK), the holding company (“the Company”) of Heritage Bank of Commerce (“HBC”), announced today that it has fully repaid the $40 million of Series A preferred stock i...

Carlile Bancshares, Inc. to Acquire Northstar Financial Corporation and Its Subsidiary Northstar Bank of Texas
Posted: 02/27/2012

DENTON, Texas–(PRNewswire)–Northstar Financial Corporation (“Northstar”), headquartered in Denton, TX, and Carlile Bancshares, Inc., (“Carlile”), headquartered in Fort Worth, TX, have announced that ...

First Merchants Bank Acquires Loans and Assumes Deposits of SCB Bank Through a Modified Whole Bank FDIC Transaction
Posted: 02/10/2012

First Merchants Corporation (NASDAQ: FRME) has reported an agreement between First Merchants Bank and the FDIC to purchase approximately $117 million of loans and assume $136 million of deposits in S...

Intermountain Community Bancorp Announces Closing of $47.3 Million Capital Raise
Posted: 01/23/2012

SANDPOINT, Idaho–(GLOBE NEWSWIRE)–Intermountain Community Bancorp, (OTCBB:IMCB) (the “Company”), the holding company of Panhandle State Bank (the “Bank”), today announced that it had successfully clo...

BankFIRST Completes Acquisition of East Coast Community Bank
Posted: 01/06/2012

East Coast Community Bank has been acquired by Winter Park-based BankFirst.