Recent News

MBT Financial Corporation Announces Completion of $14 Million Private Placement
Posted: 12/23/2013

MONROE, Mich.–(GLOBE NEWSWIRE)–MBT Financial Corp., (Nasdaq:MBTF), (the “Company”), announced today that it entered into securities purchase agreements to sell $14 million of common stock through the...

Delmarva Bancshares, Inc. Announces $11 Million Private Stock Offering
Posted: 12/19/2013

Delmarva Bancshares, Inc., (the “Company” or “Delmarva”) the bank holding company for the National Bank of Cambridge (the “Bank”), announced today that institutional investors have agreed to purchase...

Community Banker of the Year: Heritage Oaks’ Simone Lagomarsino
Posted: 11/21/2013

Simone Lagomarsino has helped turn around a lot of banks, but she’d never seen one in such bad shape. When she took over as CEO of $1.1 billion-asset Heritage Oaks Bank (HEOP) in Paso Robles, Calif.,...

First Merchants Corporation Announces the Completion of Merger with CFS Bancorp
Posted: 11/12/2013

MUNCIE, Ind.–(BUSINESS WIRE)–First Merchants Corporation (FRME) successfully completed its previously announced merger with CFS Bancorp, Inc. (CITZ), of Munster, Indiana on Tuesday, November 12, 2013...

The Business Bank of St. Louis Gets Capital Infusion with Local Ties
Posted: 11/12/2013

The parent company of The Business Bank of St. Louis has raised $10 million in capital from a California fund that invests in community banks and that has ties to St. Louis.

Community Trust Bank Named One of The Best Banks to Work for in US
Posted: 10/30/2013

Community Trust Bank has been named one of the top three Best Banks to Work For by American Banker magazine in the three to ten billion dollar range. The program, which was initiated in 2013 to ident...

SouthCrest Financial Group Reports Closure of $17.5 Million Capital Raise
Posted: 10/24/2013

PEACHTREE CITY, Ga.–(GLOBE NEWSWIRE)–Kenneth H. Maloy, President and CEO of SouthCrest Financial Group, Inc. (SCSG:PK) announced today that the company reported preliminary results for the third quar...

Heritage Oaks Bancorp and Mission Community Bancorp Agree to Merger
Posted: 10/21/2013

PASO ROBLES and SAN LUIS OBISPO, Calif.–(GLOBE NEWSWIRE)–Heritage Oaks Bancorp (Nasdaq:HEOP) (“Heritage Oaks”) and Mission Community Bancorp (OTCQB:MISN) (“Mission Community”) today announced that th...

Anchor BanCorp Completes $175 Million Recapitalization
Posted: 09/27/2013

Anchor BanCorp Wisconsin Inc. has completed its $175 million recapitalization, it said Friday in a news release.

Heritage Oaks Bancorp Announces Termination of Memorandum of Understanding with Fed
Posted: 09/04/2013

PASO ROBLES, Calif.–(GLOBE NEWSWIRE)–Heritage Oaks Bancorp (“Heritage Oaks” or the “Company”) (Nasdaq:HEOP), a bank holding company and parent of Heritage Oaks Bank (the “Bank”), announced that the F...