Recent News

WashingtonFirst Bankshares, Inc. Completes $20 Million Private Placement
Posted: 12/30/2014

RESTON, Va.–(BUSINESS WIRE)–Today WashingtonFirst Bankshares, Inc. (NASDAQ: WFBI) (the “Company”) announced that it has raised approximately $20 million in equity through a private placement of 1,377...

Community Banker of the Year: Anchor Bancorp Wisconsin's Chris Bauer
Posted: 12/16/2014

Chris Bauer was done with banking and was ready for adventure.

Summit Financial Group, Inc. Announces Completion of First Closing With Castle Creek, Termination of Bank MOU
Posted: 11/26/2014

MOOREFIELD, W.Va.–(GLOBE NEWSWIRE)–As previously disclosed, on August 22, 2014, Summit Financial Group, Inc. (the “Company” or “Summit”) (Nasdaq:SMMF) entered into a Securities Purchase Agreement (th...

Heritage Bank of Commerce Completes Acquisition of Bay View Funding
Posted: 11/04/2014

SAN JOSE, Calif.–(GLOBE NEWSWIRE)–Heritage Commerce Corp (Nasdaq:HTBK), the parent company of Heritage Bank of Commerce, today announced that the acquisition relating to the Stock Purchase Agreement ...

Columbia Banking System Announces Closing of Intermountain Community Bancorp Acquisition
Posted: 11/03/2014

TACOMA, Wash.–(PRNewswire)–Columbia Banking System, Inc. (NASDAQ: COLB, “Columbia“) today announced the completion of its acquisition of Intermountain Community Bancorp (“Intermountain”), the parent ...

Delmarva Bancshares' National Bank of Cambridge Renamed 1880 Bank
Posted: 10/31/2014

Delmarva Bancshares Inc. announced today, Oct. 31, that the National Bank of Cambridge has converted from a federal to a state charter and has been renamed 1880 Bank.

Louisiana-Based Community Trust Bank to Buy Four Whitney Bank Branches
Posted: 10/31/2014

Community Trust Bank announced today it has signed a purchase agreement with Whitney Bank, a subsidiary of Hancock Holding Company, to acquire four of its retail banking locations in Houston, Texas. ...

Anchor BanCorp Wisconsin, Inc. Announces Pricing of Initial Public Offering
Posted: 10/21/2014

MADISON, Wis.–(GLOBE NEWSWIRE)–Anchor BanCorp Wisconsin Inc. (the “Company”), the parent holding company of AnchorBank, fsb, today announced the pricing of its initial public offering of 371,959 shar...

Eastern Virginia Bankshares, Inc. Announces Partial Redemption of TARP Preferred Stock
Posted: 10/20/2014

TAPPAHANNOCK, Va.–(PRNewswire)–Eastern Virginia Bankshares, Inc. (NASDAQ: EVBS) (the “Company”), the one bank holding company of EVB, Tappahannock, Virginia, today announced the redemption (the “Part...

National Bank of Cambridge President & CEO Elected to Federal Home Loan Bank of Atlanta Board
Posted: 10/13/2014

The Federal Home Loan Bank of Atlanta recently announced that Kim C. Liddell, chairman, president and CEO of the National Bank of Cambridge, was elected to the 14-member board of directors Oct. 3.

Heritage Bank of Commerce Enters into Agreement to Acquire Bay View Funding
Posted: 10/09/2014

SAN JOSE, Calif.–(GLOBE NEWSWIRE)–Heritage Commerce Corp (Nasdaq:HTBK) parent company of Heritage Bank of Commerce, announced today that Heritage Bank of Commerce has signed a definitive stock purcha...

Community Trust Bank Expands Presence Across Fort Worth
Posted: 10/02/2014

Community Trust Bank is announcing the development of a new Fort Worth banking center location in The Tower, a luxury high-rise residential building, located at 5th and Throckmorton St. in downtown F...

Seacoast Banking Corporation of Florida and The BANKshares, Inc. Complete Merger
Posted: 10/01/2014

STUART, Fla.–(PRNewswire)–Seacoast Banking Corporation of Florida (NASDAQ-NMS: SBCF) and The BANKshares, Inc., parent of BankFIRST (“BANKshares”), announced the completion of their merger today, crea...

WashingtonFirst Bankshares, Inc. Pays Off 25% of Its SBLF and Declares Cash Dividend
Posted: 08/19/2014

RESTON, Va.–(BUSINESS WIRE)–WashingtonFirst Bankshares, Inc. (the “Company”) (NASDAQ: WFBI), today announced that it has redeemed $4.4 million (4,449 shares), or 25% of the $17.8 million outstanding ...

Carlile Bancshares, Inc. Completes Acquisition of Community Bankers, Inc.
Posted: 08/14/2014

FORT WORTH, Texas–(PRNewswire)–Fort Worth, Texas based Carlile Bancshares, Inc. (“Carlile) completed the acquisition of Community Bankers, Inc., the parent company of Community Bank, Fort Worth (“Com...

Anchor BanCorp Announces Lifting of Last Remaining Legacy Regulatory Enforcement Action
Posted: 08/05/2014

MADISON, Wis.–(GLOBE NEWSWIRE)–Anchor BanCorp Wisconsin Inc. today announced that its last remaining legacy regulatory enforcement action has been terminated as of July 31, 2014.

Columbia Banking System Enters Idaho with Intermountain Community Bancorp Merger
Posted: 07/23/2014

TACOMA, Wash. and SANDPOINT, Idaho–(PRNewswire)–Columbia Banking System, Inc. (NASDAQ: COLB, “Columbia”) and Intermountain Community Bancorp (NASDAQ: IMCB, “Intermountain”) today jointly announced th...

East L.A.'s Pan American Bank Gets $6.3-Million Bailout from Other Banks
Posted: 07/23/2014

Encouraged by some of California’s leading financial executives, 16 community banks have invested $6.3 million into Pan American Bank in East Los Angeles to ward off regulators and keep open Californ...

Sixteen Banks, Along with John Eggemeyer and Tim Chrisman, Raise $6.3 Million to Keep Hispanic-Focused Bank from Failing
Posted: 07/22/2014

A pack of West Coast banks have banded together to save Pan American Bank in Los Angeles.

First Merchants Corporation and Community Bancshares, Inc. Announce the Signing of a Definitive Merger Agreement
Posted: 07/22/2014

MUNCIE, Ind. & NOBLESVILLE, Ind.–(BUSINESS WIRE)–First Merchants Corporation (FRME) and Community Bancshares, Inc. today announced they have executed a definitive agreement whereby Community Bancshar...

Guaranty Bank and Trust Acquires Cherry Hills Investment Advisors
Posted: 07/16/2014

DENVER, CO–(Marketwired)–Guaranty Bank and Trust Company, a community bank that has served Colorado for over 50 years and a wholly-owned subsidiary of Guaranty Bancorp (NASDAQ: GBNK), today announced...

MBT Financial Corporation Consent Order Terminated by Regulators
Posted: 07/03/2014

MONROE, Mich.–(GLOBE NEWSWIRE)–Monroe Bank & Trust, the wholly-owned banking subsidiary of MBT Financial Corp (Nasdaq:MBTF), recently received notification from the Federal Deposit Insurance Corporat...

Eastern Virginia Bankshares, Inc. Signs Agreement to Acquire Virginia Company Bank
Posted: 05/29/2014

TAPPAHANNOCK, Va.–(PRNewswire)–Eastern Virginia Bankshares, Inc. (NASDAQ: EVBS) (“EVBS”), the one bank holding company for EVB, and Virginia Company Bank (OTCQB: VGNA) announced today that EVBS, EVB ...

First Security Begins Trading on OTC Market
Posted: 05/21/2014

Owensboro, Ky.-based First Security Inc. began trading as an over-the-counter stock with the symbol FIIT, according to a May 21 news release.

Guaranty Federal Bancshares, Inc. Announces Redemption of Remaining TARP Preferred Stock
Posted: 05/08/2014

SPRINGFIELD, Mo.–(GLOBE NEWSWIRE)–Guaranty Federal Bancshares, Inc., (Nasdaq:GFED), the holding company (the “Company”) for Guaranty Bank, announces the redemption of all of its remaining 12,000 shar...

Fed Ends C&D Against Continental Bank Holdings
Posted: 05/06/2014

The Federal Reserve Board on May 3 terminated the cease and desist order issued by the Office of Thrift Supervision against Plymouth Meeting, Pa.-based Continental Bank Holdings Inc. on Feb. 28, 2011...

Bryn Mawr Bank Corporation to Acquire Continental Bank Holdings, Inc.
Posted: 05/05/2014

BRYN MAWR, Pa.–(GLOBE NEWSWIRE)–Bryn Mawr Bank Corporation (Nasdaq:BMTC) (the “Corporation”), parent of The Bryn Mawr Trust Company (the “Bank”), today announced that the Corporation has entered into...

OCC Lifts National Bank of Cambridge Formal Agreement
Posted: 04/06/2014

The National Bank of Cambridge announced April 2 that the Office of the Comptroller of the Currency terminated the formal agreement entered into April 1, 2010 with the bank.

Regulators Lift Enforcement Actions Against AnchorBank
Posted: 04/02/2014

MADISON, Wis.–(GLOBE NEWSWIRE)–AnchorBank today announced its Cease and Desist Order and Prompt Corrective Action Directive, both overseen by the Office of the Comptroller of the Currency, have been ...

First Security, Inc. Announces Completion of $30 Million Private Stock Offering
Posted: 03/31/2014

First Security, Inc., (the “Company” or “First Security”) the bank holding company for First Security Bank, Inc. (the “Bank”), announced today that it has completed a private placement of $30 million...

Square 1 Financial, Inc. Announces Closing of Its Initial Public Offering
Posted: 03/31/2014

DURHAM, N.C.–(GLOBE NEWSWIRE)–Square 1 Financial, Inc. (Nasdaq:SQBK) (“Square 1”) today announced the closing of its initial public offering of common stock. Square 1 sold a total of 3,125,000 shares...

Eastern Virginia Bankshares, Inc. Announces Termination of Memorandum of Understanding
Posted: 03/26/2014

TAPPAHANNOCK, Va.–(PRNewswire)–Eastern Virginia Bankshares, Inc. (NASDAQ: EVBS) (the “Company”) announced today the termination of the informal memorandum of understanding, dated September 5, 2013 (t...

Guaranty Federal Bancshares, Inc. Closes $17.2 Million Public Offering of Common Stock
Posted: 03/07/2014

Springfield, Mo.–(GLOBE NEWSWIRE)–Guaranty Federal Bancshares, Inc. (Nasdaq:GFED), the holding company (the “Company”) for Guaranty Bank, today announced the closing of its previously announced under...

Heritage Oaks Bancorp Completes Acquisition of Mission Community Bancorp
Posted: 03/04/2014

PASO ROBLES, Calif.–(GLOBE NEWSWIRE)–Heritage Oaks Bancorp (Nasdaq:HEOP) (the “Company”), the holding company for Heritage Oaks Bank (the “Bank”), announced that it completed the acquisition of Missi...

SouthCrest Financial Group Announces Completion of Charter Consolidation
Posted: 03/03/2014

PEACHTREE CITY, Ga.–(GLOBE NEWSWIRE)–Kenneth H. Maloy, President and CEO of SouthCrest Financial Group, Inc. (OTCBB:SCSG) announced today that the company has completed the consolidation of its four ...

WashingtonFirst Acquires All Deposits and Loans of Sterling-Based Millennium Bank, National Assocation
Posted: 02/28/2014

RESTON, Va.–(BUSINESS WIRE)–WashingtonFirst Bank, a subsidiary of WashingtonFirst Bankshares, Inc. (Nasdaq: WFBI), announced today that it had entered into an agreement with the Federal Deposit Insur...

Intermountain Community Bancorp Repays TARP Fund
Posted: 02/12/2014

SANDPOINT, Idaho–(GLOBE NEWSWIRE)–Intermountain Community Bancorp (Nasdaq:IMCB), the holding company for Panhandle State Bank, is pleased to report $6.1 million, or $0.93 per diluted share, in net in...

Square 1 Bank Expands the Financing Solutions It Offers with Acquisition of Sand Hill Finance
Posted: 01/02/2014

Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, announced today that it has acquired substantially all of the assets and hired all employees of Sand Hil...