Recent News

Suncrest Bank Completes Acquisition of Security First Bank
Posted: 12/19/2016

VISALIA, Calif.–(PRNewswire)–Suncrest Bank (OTCQX: SBKK) today announced that it has completed its acquisition of Security First Bank in Fresno, CA. The acquisition, which was first announced on Sept...

Trinity Capital Corporation Completes $52 Million Capital Raise and Recapitalization
Posted: 12/19/2016

LOS ALAMOS, N.M.–December 19, 2016–Trinity Capital Corporation (the “Company” or “Trinity”), parent company of Los Alamos National Bank (“LANB”), announced today that it closed its previously announc...

HCSB Financial Corporation Announces Removal of Regulatory Consent Order
Posted: 10/27/2016

LORIS, S.C.–(GLOBE NEWSWIRE)–HCSB Financial Corporation (OTC Pink:HCFB) (the “Company”), the holding company for Horry County State Bank (the “Bank”), announced today that the Bank received notificat...

Trinity Capital Corporation Announces Agreement For Proposed $52 Million Equity Recapitalization and $10 Million Rights Offering
Posted: 09/08/2016

LOS ALAMOS, N.M.–September 8, 2016–Trinity Capital Corporation (the “Company” or “Trinity”), parent company of Los Alamos National Bank (“LANB”), announced Thursday that it has entered into a stock p...

Suncrest Bank To Acquire Security First Bank
Posted: 09/02/2016

VISALIA, Calif., and FRESNO, Calif.–(PRNewswire)–Suncrest Bank (OTCQX: SBKK) and Security First Bank (OTCPink: SFRK) today announced that they have entered into a definitive agreement whereby Securit...

The Bancorp, Inc. Announces a $74 Million Capital Raise
Posted: 08/08/2016

WILMINGTON, Del.–(BUSINESS WIRE)–The Bancorp, Inc. (the “Company”) (NASDAQ:TBBK) announced today that it has entered into a securities purchase agreement with certain institutional and accredited inv...

HCSB Financial Corporation Completes $45 Million Capital Raise and Recapitalization of Horry County State Bank
Posted: 04/11/2016

LORIS, S.C.–(GLOBE NEWSWIRE)–HCSB Financial Corporation (the “Company”) (OTCPK:HCFB) announced today that it closed its previously announced private placement of 359,468,443 shares of its common stoc...

HCSB Financial Corporation Announces $45 Million Capital Raise and Recapitalization of Horry County State Bank
Posted: 03/03/2016

LORIS, S.C.–(GLOBE NEWSWIRE)–HCSB Financial Corporation (OTCPK:HCFB) (the “Company”) announced today that it has entered into a stock purchase agreement with Castle Creek Capital Partners VI, L.P. an...