Recent News

First Bank Insurance Services And Bankingport Announce Signing Of Definitive Merger Agreement
Posted: 12/16/2015

SOUTHERN PINES, N.C. & SANFORD, N.C., Dec. 16, 2015–(PRNewswire)–First Bancorp (NASDAQ – FBNC), the parent company of First Bank and First Bank Insurance Services, Inc. (“First Bank Insurance”), and ...

WashingtonFirst Bankshares, Inc. Announces Closing of Public Offering of 1,655,000 Shares of Common Stock
Posted: 12/08/2015

RESTON, Va.–(BUSINESS WIRE)–WashingtonFirst Bankshares, Inc. (NASDAQ: WFBI) (the “Company”) today announced the closing of an underwritten public offering of 1,655,000 shares of its voting common sto...

Parent of North Carolina-Based First Bank Redeems Remaining SBLF Stock
Posted: 10/16/2015

First Bancorp, the parent of Southern Pines, N.C.-based First Bank, redeemed on Oct. 16 the remaining $31.5 million, or 31,500 shares, of its outstanding series B noncumulative perpetual preferred st...

Heritage Bank of Commerce Accepted to Sandler O'Neill Sm-All Stars Class of 2015
Posted: 10/15/2015

SAN JOSE, Calif.–(Marketwired via COMTEX)–Heritage Commerce Corp, parent company of Heritage Bank of Commerce, announced today that it has been admitted to the Sandler O’Neill Sm-All Stars Class of 2...

Community Trust Bank Changes Name to Origin Bank
Posted: 10/09/2015

RUSTON, La.–(BUSINESS WIRE)–Community Trust Bank is changing its name. The more-than-a-century old Louisiana-chartered bank, with banking centers in Louisiana, Mississippi and Texas and assets of mor...

PacWest Bancorp Announces the Completion of Its Merger With Square 1 Financial, Inc.
Posted: 10/07/2015

LOS ANGELES, Calif.–(GLOBE NEWSWIRE)–PacWest Bancorp (NASDAQ:PACW) (“PacWest”) today announced the completion of its merger with Square 1 Financial, Inc. (NASDAQ:SQBK) (“Square 1”), effective on Octo...

WashingtonFirst Bankshares, Inc. Pays Off SBLF, Increases Capital to Support Planned Growth
Posted: 10/06/2015

RESTON, Va.–(BUSINESS WIRE)–WashingtonFirst Bankshares, Inc. (the “Company”) (NASDAQ: WFBI) today announced that it has paid off the remaining $8.9 million of preferred stock issued in connection wit...

Guaranty Federal Bancshares, Inc. Celebrates 20 Years on NASDAQ
Posted: 09/23/2015

Springfield, MO–(SNL)–Guaranty Federal Bancshares, Inc. (NASDAQ:GFED), the holding company for Springfield-based Guaranty Bank, celebrated its 20th anniversary on the NASDAQ Stock Market this week.

Castle Creek Capital Invests $15 Million in Bridgewater Bank
Posted: 09/08/2015

Bloomington, MN–(PRWeb)–Bridgewater Bancshares Inc, (the “Company”) the holding company for Bridgewater Bank announced today that it has completed a private placement of $15 Million of the Company’s ...

Heritage Commerce Corp Announces the Completion of Its Merger With Focus Business Bank
Posted: 08/20/2015

SAN JOSE, Calif.–(GLOBE NEWSWIRE)–Heritage Commerce Corp (NASDAQ:HTBK) (“Heritage”) today announced that on August 20, 2015, it completed its previously announced merger of its wholly-owned bank subs...

OTC Markets Group Welcomes First Menasha Bancshares to OTCQX
Posted: 08/07/2015

NEW YORK, August 7, 2015–(PRNewswire)–OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial markets, today announced First Menasha Bancshares Inc. (OTCQX: FMBJ),...

The Business Bank of St. Louis Elects Chairman
Posted: 08/07/2015

St. Louis, MO–(PR.com)–Business Bancshares, Inc., parent holding company for The Business Bank of St. Louis, announced that Daniel Guirl has been elected Chairman of the Board of Directors of The Bus...

Bryn Mawr Bank Corporation Announces Private Placement of $30 Million of 4.75% Subordinated Notes Due 2025 and Stock Repurchase Plan
Posted: 08/06/2015

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 it has completed a private place...

Heritage Oaks Bancorp Completes $3M TruPS Purchase
Posted: 08/05/2015

Heritage Oaks Bancorp on Aug. 4 completed the purchase, after being the successful bidder in a public auction, of trust preferred securities issued by Heritage Oaks Capital Trust II, with an original...

Blue Valley Ban Corp. Redeems TARP-Related Preferred Stock
Posted: 08/05/2015

Overland Park, Kan.-based Blue Valley Ban Corp., having received Federal Reserve approval for the transaction, redeemed its $21.8 million of series A fixed-rate cumulative preferred stock, which was ...

WashingtonFirst Bankshares, Inc. Completes Acquisition of 1st Portfolio Holding Corporation
Posted: 07/31/2015

RESTON, Va.–(BUSINESS WIRE)–WashingtonFirst Bankshares, Inc. (Nasdaq: WFBI), (“WashingtonFirst”), parent of WashingtonFirst Bank, today announced the completion of its previously reported acquisition...

Anchor BanCorp Wisconsin 'Substantially' Reverses DTA Valuation Allowance
Posted: 07/30/2015

MADISON, Wisc.–(GLOBE NEWSWIRE)–Anchor BanCorp Wisconsin Inc. (the “Company”) (NASDAQ:ABCW) and its wholly-owned subsidiary, AnchorBank, fsb (the “Bank”) today announced its financial results for the...

Delmarva Bancshares Completes Merger With Easton Bancorp
Posted: 07/16/2015

Delmarva Bancshares, Inc. (“Delmarva”), the parent company of 1880 Bank, announced that the acquisition of Easton Bancorp and its subsidiary, Easton Bank & Trust Company (“Easton Bank”), through the ...

Delmarva Bancshares Issues $4.1M in Debt
Posted: 07/06/2015

Cambridge, Md.-based Delmarva Bancshares Inc., the holding company of 1880 Bank, on July 2 filed a Form D related to a debt offering totaling approximately $4.1 million. The Form D filing indicate...

First Merchants Corporation and Ameriana Bancorp Announce the Signing of a Definitive Merger Agreement
Posted: 06/29/2015

MUNCIE, Ind. & NEW CASTLE, Ind.–(BUSINESS WIRE)–First Merchants Corporation (NASDAQ: FRME) and Ameriana Bancorp (NASDAQ: ASBI) today announced they have executed a definitive agreement whereby Ameria...

Eastern Virginia Bankshares, Inc. Announces Final Redemption of Series A Preferred Stock
Posted: 06/18/2015

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

First Merchants Corporation Announces Sale of First Merchants Insurance Group
Posted: 06/15/2015

MUNCIE, Ind.–(BUSINESS WIRE)–First Merchants Corporation (NASDAQ – FRME) announced the sale of First Merchants Insurance Group (FMIG), a licensed insurance agency affiliate of First Merchants Bank, N...

WashingtonFirst Bankshares, Inc. to Acquire 1st Portfolio Holding Corporation
Posted: 05/14/2015

RESTON & FAIRFAX, Va.–(BUSINESS WIRE)–WashingtonFirst Bankshares, Inc. (Nasdaq: WFBI) and 1st Portfolio Holding Corporation announced today that they have entered into a definitive agreement for Wash...

Heritage Commerce Corp and Focus Business Bank Plan to Merge
Posted: 04/23/2015

SAN JOSE, Calif.–(GLOBE NEWSWIRE)–Heritage Commerce Corp (Nasdaq:HTBK), the parent company of Heritage Bank of Commerce (“Heritage”), and Focus Business Bank (OTCQB:FCSB) (“Focus”) today jointly anno...

Eastern Virginia Bankshares, Inc. Announces Private Placement of $20.0 Million of Fixed to Floating Rate Subordinated Notes
Posted: 04/22/2015

TAPPAHANNOCK, Va.–(PRNewswire)–Eastern Virginia Bankshares, Inc. (NASDAQ: EVBS) (the “Company”), the one bank holding company of EVB (the “Bank”), announced today that it has completed a private plac...

Bank Director: The Chemistry of Success
Posted: 04/22/2015

If service as a bank director is supposed to be a cushy sinecure, then someone forgot to tell the seven board members at CVB Financial Corp., a $7.4 billion asset bank headquartered in Ontario, Calif...

First Merchants Corporation Announces the Completion of its Merger with C Financial Corporation
Posted: 04/20/2015

MUNCIE, Ind.–(BUSINESS WIRE)–First Merchants Corporation (NASDAQ: FRME) successfully completed its previously announced merger with C Financial Corporation, of Columbus, Ohio on Friday, April 17, 201...

Bryn Mawr Bank Corporation Expands Insurance Business Through Acquisition of Robert J. McAllister Agency, Inc.
Posted: 04/06/2015

BRYN MAWR, Pa.–(GLOBE NEWSWIRE)–Bryn Mawr Bank Corporation (Nasdaq:BMTC), (the “Corporation”), parent of The Bryn Mawr Trust Company (the “Bank”), today announced the acquisition of Robert J. McAllis...

SouthCrest Financial Group Reports a Partial Preferred Stock Redemption
Posted: 04/02/2015

PEACHTREE CITY, Ga.–(GLOBE NEWSWIRE)–Kenneth H. Maloy, President and CEO of SouthCrest Financial Group, Inc. announced today that the company has redeemed $8 million of Fixed Rate Cumulative Perpetua...

Delmarva Bancshares, Inc. Announces Acquisition of Easton Bancorp, Inc.
Posted: 03/31/2015

Delmarva Bancshares, Inc. (“Company”), parent company of 1880 Bank (collectively with the Company, “Delmarva”) announced today the signing of a definitive merger agreement under which Delmarva will a...

Foundation Bancorp Announces Completion of $15 Million Private Placement of Convertible Preferred Equity
Posted: 03/27/2015

BELLEVUE, Wash.–(GLOBE NEWSWIRE)–Foundation Bancorp, Inc. (OTCQB:FDNB), the holding company for Foundation Bank (“Bank”), today announced that it had completed the sale of $15 million of the Company’...

Community Trust Bank Completes Acquisition of Four New Branch Locations in Houston
Posted: 03/27/2015

Community Trust Bank, the wholly owned subsidiary of Community Trust Financial Corporation, announced today it has completed its acquisition of four full service retail Whitney Bank branches in Houst...

Summit Financial Group, Inc. Announces Completion of Second Closing With Castle Creek
Posted: 03/17/2015

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 (t...

Summit Financial Group, Inc. Announces Conversion of All Its Outstanding Preferred Shares Into Common Stock
Posted: 03/02/2015

MOOREFIELD, W. Va.–(GLOBE NEWSWIRE)–Summit Financial Group, Inc. (the “Company”) announces that it will be exercising its right to convert all of its outstanding shares of preferred stock into shares...

PacWest Bancorp and Square 1 Financial, Inc. Agree to Merge
Posted: 03/02/2015

LOS ANGELES and DURHAM, N.C.–(GLOBE NEWSWIRE)–PacWest Bancorp (Nasdaq:PACW) (“PacWest”) and Square 1 Financial, Inc. (Nasdaq:SQBK) (“Square 1”) today announced the signing of a definitive agreement a...

PacWest to Buy Venture Capital Lender Square 1
Posted: 03/02/2015

PacWest Bancorp has agreed to buy venture capital-focused lender Square 1 Financial Inc. for about $790 million in stock, less than a year after Square 1 went public.

Avenue Financial Holdings, Inc. Announces Closing of Initial Public Offering
Posted: 02/13/2015

NASHVILLE, Tenn.–(BUSINESS WIRE)–Avenue Financial Holdings, Inc. (Nasdaq: AVNU) (“Avenue Financial” or “the Company”) announced today that it has completed its previously announced initial public off...

First Menasha Bancshares, Inc. Announces First Closing of Private Offering of Common Stock
Posted: 01/20/2015

First Menasha Bancshares, Inc. (OTCQB: FMBJ) (the “Company” or “First Menasha”), the bank holding company for The First National Bank-Fox Valley, announced today that it has closed on the sale of app...

First Merchants Corporation and C Financial Corporation Announce the Signing of a Definitive Merger Agreement
Posted: 01/06/2015

MUNCIE, Ind. & COLUMBUS, Ohio–(BUSINESS WIRE)–First Merchants Corporation (NASDAQ: FRME) and C Financial Corporation announced they have executed a definitive merger agreement whereby C Financial Cor...

Bryn Mawr Bank Corporation Completes Merger With Continental Bank Holdings, Inc.
Posted: 01/02/2015

BRYN MAWR, Pa.–(GLOBE NEWSWIRE)–Bryn Mawr Bank Corporation (Nasdaq:BMTC) (the “Corporation”), parent of The Bryn Mawr Trust Company (the “Bank”), today announced it completed its previously announced...