Recent News

Southern Missouri Bancorp to acquire Citizens Bancshares in $140M deal
Posted: 09/20/2022

Southern Missouri Bancorp Inc., the parent company of Southern Bank, has agreed to acquire Kansas City, Mo.-based Citizens Bancshares Co., the parent company of Citizens Bank and Trust Co., in a stoc...

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...

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 ...

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.

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...

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.

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...

Summit Financial Group, Inc. Completes Acquisition of WinFirst Financial Corp. and Subsidiary, WinFirst Bank
Posted: 12/15/2020

MOOREFIELD, W.V., Dec. 15, 2020 (GLOBE NEWSWIRE) — Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) announces completion, effective December 15, 2020, of the acquisition by its subsidiary Summi...

Bridgewater Bank Only Minnesota Bank Named in American Banker’s 2020 “Best Banks to Work For”
Posted: 11/11/2020

St. Louis Park, MN – Bridgewater Bank, today announced that it has been recognized as one of the 2020 Best Banks to Work For by American Banker Magazine. Bridgewater, highlighted as #46 on the list, ...

BV Financial, Inc. Announces Financial Results and Completion of Acquisition of Delmarva Bancshares, Inc.
Posted: 11/03/2020

BALTIMORE, MD / ACCESSWIRE / November 2, 2020 / BV Financial, Inc. (OTC PINK:BVFL), the holding company for BayVanguard Bank, today reported net income of $1. 5 million, or $0.20 per diluted share, f...

Summit Financial Group, Inc. to Acquire WinFirst Financial Corp. and Subsidiary, WinFirst Bank
Posted: 09/28/2020

Summit Enters Kentucky Market; 100% Cash Consideration

Summit Financial Group Announces Completion of $30.0 Million Issuance of Subordinated Debt
Posted: 09/23/2020

Summit Financial Group Announces Completion of $30.0 Million Issuance of Subordinated Debt

SouthCrest Bank Agrees to Strategic In Market Branch Acquisition
Posted: 09/11/2020

ATLANTA, Sept. 11, 2020 (GLOBE NEWSWIRE) — SouthCrest Financial Group (SCSG:PK), the holding company for SouthCrest Bank, N.A., announced an agreement to acquire the Thomaston branch of Colony Bank.

Guaranty Federal Bancshares, Inc. Announces Completion of $20 Million Subordinated Notes Offering
Posted: 07/30/2020

SPRINGFIELD, Mo.–(GLOBE NEWSWIRE)–Guaranty Federal Bancshares, Inc. (NASDAQ: GFED) (the “Company”), the parent company for Guaranty Bank, today announced the completion of its offering of $20 million...

Bridgewater Bancshares, Inc. Completes Private Placement of $50.0 Million of Subordinated Notes
Posted: 06/19/2020

BLOOMINGTON, Minn.–(BUSINESS WIRE)–Bridgewater Bancshares, Inc. (Nasdaq: BWB) (the Company), the parent company of Bridgewater Bank (the Bank), today announced the completion of a private placement o...

BV Financial, Inc. To Acquire Delmarva Bancshares, Inc.
Posted: 06/18/2020

EDGEMERE, MD and CAMBRIDGE, MD / ACCESSWIRE / June 18, 2020 / BV Financial, Inc. (OTC PINK:BVFL), the parent company of BayVanguard Bank, and Delmarva Bancshares, Inc. (OTCQX:DLMV), the parent compan...

Summit Community Bank Inc. Completes Its Acquisition of Four WV Eastern Panhandle Branch Banking Offices
Posted: 04/24/2020

MOOREFIELD, W.Va., April 24, 2020 (GLOBE NEWSWIRE) — Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today reported that its wholly-owned subsidiary, Summit Community Bank, Inc. has completed ...

Summit Financial Group, Inc. Completes Its Acquisition of Cornerstone Financial Services, Inc. and Subsidiary, Cornerstone Bank, Inc.
Posted: 01/02/2020

MOOREFIELD, W.Va.–(GLOBE NEWSWIRE)–Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) announces completion, effective January 1, 2020, of the acquisition by its subsidiary Summit Community Bank, ...

MVB Bank to Sell Four WV Eastern Panhandle Banking Centers to Summit Community Bank
Posted: 11/22/2019

FAIRMONT, W.Va.–(GLOBE NEWSWIRE)–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 w...

Summit Financial Group, Inc. to Acquire Cornerstone Financial Services, Inc. and Its Wholly-Owned Subsidiary, Cornerstone Bank, Inc.
Posted: 09/17/2019

MOOREFIELD, W.Va. and WEST UNION, W.Va.–(GLOBE NEWSWIRE)–Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) and Cornerstone Financial Services, Inc. (“Cornerstone”) announce the signing of a defi...

Heartland Financial USA, Inc. Completes Acquisition of Blue Valley Ban Corp.
Posted: 05/13/2019

DUBUQUE, Iowa and OVERLAND PARK, Kan., May 13, 2019 (GLOBE NEWSWIRE) — Dubuque, Iowa-based Heartland Financial USA, Inc. (NASDAQ: HTLF) (“Heartland”) announced today the completion of its acquisition...

Summit Financial Group, Inc. Announces Sale of Summit Insurance Services
Posted: 05/03/2019

MOOREFIELD, W. Va.–(GLOBE NEWSWIRE)–Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces the sale of its insurance agency, Summit Insurance Services (“SIS”) to The Hilb Group (“THG”...

German American Bancorp, Inc. and Citizens First Corporation Announce Definitive Merger Agreement
Posted: 02/21/2019

JASPER, Ind.–(PRNewswire)–German American Bancorp, Inc. (NASDAQ: GABC) (“German American”) and Citizens First Corporation, Bowling Green, Kentucky (NASDAQ: CZFC) (“Citizens First”), announced today t...

Heartland Financial USA, Inc. Announces Plan to Expand Presence in Kansas City With Acquisition of Blue Valley Ban Corp.
Posted: 01/16/2019

DUBUQUE, Iowa, and OVERLAND PARK, Kan., Jan. 16, 2019–(GLOBE NEWSWIRE)–Dubuque, IA-based Heartland Financial USA, Inc. (“Heartland”) (NASDAQ: HTLF) and Blue Valley Ban Corp. (“BVBC”) (OTCQX; BVBC) jo...

Summit Financial Group, Inc. Completes Its Acquisition of Peoples Bankshares, Inc. and Subsidiary, First Peoples Bank
Posted: 01/02/2019

MOOREFIELD, W. Va.–(GLOBE NEWSWIRE)–Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) announces completion, effective January 1, 2019, of the acquisition by its subsidiary Summit Community Bank,...

SouthCrest Financial Group Exits FDIC Loss Share Agreement
Posted: 10/22/2018

ATLANTA, Ga.–(GLOBE NEWSWIRE)–Brian D. Schmitt, Chief Executive Officer of SouthCrest Financial Group, Inc. (SCSG:PK) announced today that the Company has executed an agreement with the FDIC to exit ...

German American to Complete Acquisition of First Security, Inc. and First Security Bank, Inc.
Posted: 10/15/2018

JASPER, Ind.–(GLOBE NEWSWIRE)–German American Bancorp, Inc. (NASDAQ:GABC) announced today that it has completed its previously announced acquisition of First Security, Inc., the parent company of Fir...

Bridgewater Bancshares, Inc. Named to Esteemed Sandler O'Neill Sm-All Stars Class of 2018
Posted: 10/02/2018

BLOOMINGTON, Minn.–(BUSINESS WIRE)–Bridgewater Bancshares, Inc. (“Bridgewater”) (Nasdaq: BWB), the parent company of Bridgewater Bank, is pleased to announce it has been named to the prestigious Sand...

Stifel Completes Acquisition of Business Bancshares, Inc.
Posted: 09/04/2018

ST. LOUIS, Mo.–(GLOBE NEWSWIRE)–Stifel Financial Corp. (NYSE: SF) today announced that on August 31, 2018, it completed the acquisition of Business Bancshares, Inc., and its wholly owned subsidiary, ...

Summit Financial Group, Inc. to Acquire Peoples Bankshares, Inc. and Its Wholly-Owned Subsidiary, First Peoples Bank, Inc.
Posted: 07/24/2018

MOOREFIELD, W. Va. and MULLENS, W.Va.–(GLOBE NEWSWIRE)–Summit Financial Group, Inc. (“Summit”) (NASDAQ:SMMF) and Peoples Bankshares, Inc. (“Peoples”) announce the signing of a definitive merger agree...

OTC Markets Group Welcomes Delmarva Bancshares to OTCQX
Posted: 06/20/2018

NEW YORK, June 20, 2018–(PRNewswire)–OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Delmarva Bancshares, Inc. (OTCQX: DLMV)...

German American Bancorp, Inc. and First Security, Inc. Announce Definitive Merger Agreement
Posted: 05/22/2018

JASPER, Ind.–(GLOBE NEWSWIRE)–German American Bancorp, Inc. (Nasdaq:GABC) (“German American”) and First Security, Inc. (OTCQX:FIIT) (“First Security”) announced today that they have entered into a de...

Stifel Financial Corp. to Further Enhance Banking Capabilities With the Acquisition of Business Bancshares, Inc.
Posted: 05/10/2018

ST. LOUIS, Mo.–(GLOBE NEWSWIRE)–Stifel Financial Corp. (SF) and Business Bancshares, Inc. today announced that the companies have entered into a definitive agreement under which Stifel Financial Corp...

Bridgewater Bancshares, Inc. Ranked 4th Among Top Performing Banks Nationwide by S&P Global Market Intelligence
Posted: 04/03/2018

Bloomington, MN–(Bridgewater Bank)–Bridgewater Bancshares, Inc. (“Bridgewater”) (Nasdaq: BWB) announced today that it was ranked fourth among top-performing community banks nationwide between $1 bill...

Guaranty Federal Bancshares, Inc. Completes the Acquisition of Hometown Bancshares, Inc.
Posted: 04/02/2018

SPRINGFIELD, Mo.–(GLOBE NEWSWIRE)–Guaranty Federal Bancshares, Inc. (NASDAQ:GFED), the holding company (the “Company”) for Guaranty Bank, today announced the completion of its previously announced ac...

Bridgewater Bancshares, Inc. Announces Closing of Initial Public Offering
Posted: 03/16/2018

BLOOMINGTON, Minn.–(PRNewswire)–Bridgewater Bancshares, Inc. (“Bridgewater”) (Nasdaq: BWB) announced today that it has completed its previously announced initial public offering. In the offering, Br...

Bridgewater Bancshares, Inc. Announces Pricing of Initial Public Offering
Posted: 03/13/2018

BLOOMINGTON, Minn.–(PRNewswire)–Bridgewater Bancshares, Inc. (“Bridgewater”) announced today the pricing of its initial public offering of shares of its common stock at a public offering price of $11...

Business Bancshares, Inc. Announces 14% Common Stock Dividend Increase
Posted: 01/18/2018

St. Louis, MO.–Business Bancshares, Inc., parent holding company for The Business Bank of St. Louis, announced today that on January 16, 2018 its Board of Directors declared a cash dividend of $0.40 ...

SouthCrest Financial Group Announces Special Dividend
Posted: 01/16/2018

ATLANTA, Ga.–(GLOBE NEWSWIRE)–Brian D. Schmitt, Chief Executive Officer of SouthCrest Financial Group, Inc. (SCSG:PK) announced today the issuance of a $0.60/share special dividend. “Everyone at Sout...

Guaranty Federal Bancshares, Inc. Announces Acquisition of Hometown Bancshares, Inc.
Posted: 12/01/2017

SPRINGFIELD, Mo.–(GLOBE NEWSWIRE)–Springfield, Missouri-based Guaranty Federal Bancshares, Inc. (“Guaranty”) (Nasdaq:GFED) and Carthage, Missouri-based Hometown Bancshares, Inc. (“Hometown”) jointly ...

SouthCrest Financial Group Announces Closing on Sale of Two Alabama Branches to Guardian Credit Union
Posted: 09/11/2017

ATLANTA, Ga.–(GLOBE NEWSWIRE)–Brian D. Schmitt, Chief Executive Officer of SouthCrest Financial Group, Inc. (SCSG:PK), announced today that the company has completed the sale of its two branches in A...

Bridgewater Bancshares, Inc. Closes Private Placement of $25 Million Subordinated Notes
Posted: 07/12/2017

Bloomington, MN–(Bridgewater Bank)–Bridgewater Bancshares, Inc. (the “Company”), parent company of Bridgewater Bank, announced today it has completed a $25 million private placement of subordinated n...

Kroll Bond Rating Agency Assigns BBB Senior Unsecured Debt Rating to Bridgewater Bancshares, Inc.
Posted: 06/23/2017

NEW YORK, NY–Kroll Bond Rating Agency (KBRA) has assigned a senior unsecured debt rating of BBB, subordinated debt rating of BBB-, and short-term debt rating of K3 to Bridgewater Bancshares, Inc. (“B...

SouthCrest Financial Group and SouthCrest Bank Announce Opening of Offices in Midtown Atlanta
Posted: 06/06/2017

ATLANTA, Ga.–(GLOBE NEWSWIRE)–Brian D. Schmitt, Chief Executive Officer of SouthCrest Financial Group, Inc. (OTC:SCSG) announces the official opening and relocation of the bank’s headquarters and cor...

First Security Inc. Reports Change in CRA Rating
Posted: 05/26/2017

First Security Inc. (OTCQX:FIIT), the bank holding company for First Security Bank, Inc., announced results for the first quarter of 2017.

Business Bancshares Redeems $4 Million of TruPS
Posted: 05/10/2017

St. Louis, MO.–Business Bancshares, Inc., parent holding company for The Business Bank of St. Louis, and The Business Bank of St. Louis today announced first quarter 2017 financial results.

Nicolet-First Menasha Transaction Closes
Posted: 05/01/2017

Green Bay, Wis.-based Nicolet Bankshares Inc. closed its deal with Neenah, Wis.-based First Menasha Bancshares Inc. on April 28.

SouthCrest Bank to Retire Remaining TARP Shares
Posted: 04/12/2017

ATLANTA, Ga.–(GLOBE NEWSWIRE)–Brian D. Schmitt, Chief Executive Officer of SouthCrest Bank and SouthCrest Financial Group, Inc. (SCSG:PK), announced today that the bank has received approval from the...

Summit Financial Group, Inc. Completes its Acquisition of First Century Bankshares, Inc. and Subsidiary, First Century Bank
Posted: 04/03/2017

MOOREFIELD, W. Va.–(GLOBE NEWSWIRE)–Summit Financial Group, Inc. (“Summit”) (NASDAQ:SMMF) announces completion, effective April 1, 2017, of the acquisition by its subsidiary Summit Community Bank, In...

SouthCrest Financial Group Moves into Midtown Atlanta; Relocation is at Core of CEO’s Atlanta Regional Growth Focus
Posted: 01/27/2017

ATLANTA, Ga.–(GLOBE NEWSWIRE)–Brian D. Schmitt, Chief Executive Officer of SouthCrest Financial Group, Inc. (SCSG:PK), announced today the company has leased offices in Midtown Atlanta and will reloc...

SouthCrest Financial Group Announces Agreement to Sell Two Alabama Branches to Guardian Credit Union
Posted: 11/16/2016

WOODSTOCK, Ga.–(GLOBE NEWSWIRE)–Brian D. Schmitt, Chief Executive Officer of SouthCrest Financial Group, Inc. (SCSG:PK), announced today that the company has reached agreement for the sale of its two...

Nicolet Bankshares, Inc. To Acquire First Menasha Bancshares, Inc.
Posted: 11/04/2016

Green Bay, Wis.–(PRNewswire)–Nicolet Bankshares, Inc. (NASDAQ: NCBS) (“Nicolet”) and First Menasha Bancshares, Inc. (OTCQX: FMBJ) (“First Menasha”) today jointly announce the execution of a definitiv...

Summit Financial Group, Inc. Completes Its Acquisition of Highland County Bankshares, Inc. and Subsidiary, First and Citizens Bank
Posted: 10/03/2016

MOOREFIELD, W. Va.–(GLOBE NEWSWIRE)–Summit Financial Group, Inc. (“Summit”) (NASDAQ:SMMF) announces completion, effective October 1, 2016, of the acquisition by its subsidiary Summit Community Bank, ...

Pacific Continental Corporation Completes Acquisition of Foundation Bancorp, Inc. and Foundation Bank
Posted: 09/06/2016

EUGENE, Ore.–(PRNewswire)–Pacific Continental Corporation (Nasdaq: PCBK), the holding company of Pacific Continental Bank, today announced the completion of the acquisition of Bellevue, Washington-ba...

First Security Inc. Announces Upgrade to the OTCQX Market
Posted: 07/21/2016

First Security Inc. (FIIT), the bank holding company for First Security Bank, Inc., announced that the Company has upgraded to the OTCQX market from the Pink market effective July 21, 2016.

First Bancorp Announces Completion of Branch Exchange
Posted: 07/18/2016

SOUTHERN PINES, N.C., July 18, 2016–(PRNewswire)–First Bancorp (NASDAQ: FBNC), the parent company of First Bank, announces today that it has completed the exchange of its seven First Bank branches lo...

Private Equity Firms Invest $27.5 Million in Bridgewater Bank
Posted: 06/28/2016

Bloomington, MN–(Bridgewater Bank)–Bridgewater Bancshares Inc, (the “Company”) the holding company for Bridgewater Bank announced today that it has completed a private placement of $27.5 Million for ...

Summit Financial Group, Inc. to Acquire First Century Bankshares, Inc. and Its Wholly-Owned Subsidiary, First Century Bank, Inc.
Posted: 06/01/2016

MOOREFIELD, W. Va. AND BLUEFIELD, Va.–(GLOBE NEWSWIRE)–Summit Financial Group, Inc. (“Summit”) (NASDAQ:SMMF) and First Century Bankshares, Inc. (“First Century) (OTC Pink:FCBS) announced the signing ...

Bridgewater Bank Acquires First National Bank of the Lakes
Posted: 05/23/2016

Bloomington, MN–(Bridgewater Bank)–Bridgewater Bank has completed an acquisition of First National Bank of the Lakes, headquartered in Orono, MN, effective May 20, 2016.

Old National Bank Completes Acquisition of AnchorBank
Posted: 05/02/2016

Old National Bank has finalized its purchase of Madison-based Anchor BanCorp Wisconsin Inc., the financial companies said Monday.

Pacific Continental Corporation Announces Plan to Acquire Foundation Bancorp, Inc.
Posted: 04/26/2016

BELLEVUE, Wash.–(PRNewswire)–Pacific Continental Corporation (NASDAQ: PCBK) (the “Company”), the holding company of Pacific Continental Bank, and Foundation Bancorp, Inc. (OTCPink: FDNB) (“Foundation...

Summit Financial Group, Inc. to Acquire Highland County Bankshares, Inc. and Subsidiary, First and Citizens Bank
Posted: 02/29/2016

MOOREFIELD, W. Va. AND MONTEREY, Va.–(GLOBE NEWSWIRE)–Summit Financial Group, Inc. (“Summit”) (NASDAQ:SMMF) and Highland County Bankshares, Inc. (“HCB”) announced the signing of a definitive merger a...

Old National Announces Largest Partnership in Its History, Expands Into Wisconsin With AnchorBank Partnership
Posted: 01/12/2016

EVANSVILLE, Ind. and MADISON, Wis.–(GLOBE NEWSWIRE)–Evansville, Ind.-based Old National Bancorp (NASDAQ:ONB) (“Old National”) and Madison, Wisc.-based Anchor BanCorp Wisconsin Inc. (NASDAQ:ABCW) (“An...

Fast-Growing Bridgewater Bank Buys First National Bank of the Lakes
Posted: 01/08/2016

Just a few months after securing funding to expand, Bloomington-based Bridgewater Bank says it has a deal to acquire First National Bank of the Lakes.

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 ...

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...

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 ...

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...

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’...

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...

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...

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...

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.

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...

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.

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.

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...

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...

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...

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 ...

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...

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...

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.

Anchor BanCorp Wisconsin ‘Pre-Packaged’ Reorganization Plan Gets Court Approval
Posted: 08/30/2013

MADISON, Wis.–(GLOBE NEWSWIRE)–Anchor BanCorp Wisconsin Inc. (“Anchor BanCorp” or the “Holding Company”) today announced that the Holding Company has received court approval of its recently announced...

SouthCrest Financial Group Reports All Consent Orders Released
Posted: 08/19/2013

PEACHTREE CITY, Ga.–(GLOBE NEWSWIRE)–Kenneth H. Maloy, President and CEO of SouthCrest Financial Group, Inc. (OTCQB:SCSG) announced today that the company is now operating without any consent orders....