Recent News

California banks to combine in $234 million 'merger of equals'
Posted: 01/30/2024

Southern California Bancorp in San Diego and Oakland-based California BanCorp said they would merge in a $233.6 million, all-stock deal that would create a combined company with $4.6 billion of asset...

Middlefield Banc Corp. Announces Chief Executive Officer Transition
Posted: 11/14/2023

MIDDLEFIELD, Ohio, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced the Company has appointed Ronald L. Zimmerly, Jr. as Chief Executive Officer, succeeding Jam...

Prosperity Bancshares closes acquisition of First Bancshares of Texas
Posted: 05/01/2023

Prosperity Bancshares Inc., the parent company of Prosperity Bank, completed the acquisition of First Bancshares of Texas Inc. Effective May 1, First Bancshares merged with and into Prosperity Ban...

Southern Missouri Bancorp, Inc. Announces Completion of Merger With Citizens Bancshares Co.
Posted: 01/20/2023

Southern Missouri Bancorp, Inc. (“Southern Missouri” or the “Company,” NASDAQ: SMBC), parent company of Southern Bank, Poplar Bluff, Missouri, announced that its merger with Citizens Bancshares Co. (...

Middlefield Banc Corp. Announces Completion of Liberty Bancshares, Inc. Merger
Posted: 12/01/2022

Middlefield Banc Corp., the bank holding company for The Middlefield Banking Company, announced today that it has completed the merger with Liberty Bancshares, Inc. As a result of the merger, shares...

Middlefield Banc gets regulatory nod for merger with Liberty Bancshares
Posted: 10/24/2022

Ohio-based Middlefield Banc Corp., the holding company for Middlefield Banking Co., received the required regulatory approvals to complete its merger with in-state peer Liberty Bancshares Inc. the ho...

Middlefield Banc Corp. and Liberty Bancshares, Inc. Announce Merger
Posted: 05/26/2022

MIDDLEFIELD, Ohio and ADA, Ohio, May 26, 2022 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (“Middlefield”, or the “Company”) (NASDAQ: MBCN), the bank holding company for The Middlefield Banking Company...

Colorado-based Legacy Bank completes merger with InBankshares unit
Posted: 05/06/2022

Wiley, Colo.-based Legacy Bank completed its merger with and into InBank, a subsidiary of InBankshares Corp, effective April 29. Under the terms of the deal, Greenwood Village, Colo.-based InBanks...

Mid Penn Bancorp, Inc. Completes Acquisition of Riverview Financial Corporation
Posted: 12/01/2021

MILLERSBURG, Pa., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB) today announced that its acquisition of Riverview Financial Corporation (“Riverview”) was complet...

Southern California Bancorp Completes Acquisition of Bank of Santa Clarita
Posted: 10/04/2021

San Diego, Calif., October 4, 2021 – Southern California Bancorp (the “Company”) (OTC Pink: BCAL), today announced that effective on October 1, 2021, it completed its previously announced acquisiti...

Calif.-based Suncrest Bank to merge with Citizens Business Bank in $204M deal
Posted: 07/27/2021

Ontario, Calif.-based CVB Financial Corp. and Visalia, Calif.-based Suncrest Bank signed an agreement under which Suncrest will merge with and into CVB unit Citizens Business Bank in a stock and cash...

Enterprise Financial Services Corp Announces Completion of Merger With First Choice Bancorp
Posted: 07/21/2021

ST. LOUIS--(BUSINESS WIRE)-- Enterprise Financial Services Corp (Nasdaq: EFSC) (the “Company,” “EFSC,” or “Enterprise”), the holding company of Enterprise Bank & Trust (“EB&T”), announced today the c...

Mid Penn Bancorp, Inc. Signs Definitive Agreement to Acquire Riverview Financial Corporation
Posted: 06/30/2021

Combination of two leading franchises creates a premier Pennsylvania community bank with approximately $4.8 billion in assets

AmeriServ Financial, Inc. and Riverview Financial Corporation Complete Previously Announced Branch Purchase Transaction
Posted: 05/24/2021

JOHNSTOWN, Pa., May 24, 2021 /PRNewswire/ — AmeriServ Financial, Inc. (NASDAQ: ASRV), the parent company of AmeriServ Financial Bank, and Riverview Financial Corporation (NASDAQ: RIVE), the parent co...

Southern California Bancorp to Acquire Bank of Santa Clarita
Posted: 04/27/2021

San Diego and Santa Clarita, Calif., April 27, 2021 – Southern California Bancorp (OTC Pink: BCAL), the holding company for Bank of Southern California, N.A. (the “Bank”), and Bank of Santa Clarita (...

Enterprise Financial Services Corp to Acquire First Choice Bancorp
Posted: 04/26/2021

ST. LOUIS & CERRITOS, Calif.–(BUSINESS WIRE)–Enterprise Financial Services Corp (Nasdaq: EFSC) (the “Company,” “EFSC,” or “Enterprise”), the holding company of Enterprise Bank & Trust (“EB&T”), and F...

Southern California Bancorp Announces Sale of Three Branches to Friendly Hills Bank
Posted: 04/19/2021

SAN DIEGO & WHITTIER, Calif.–(BUSINESS WIRE)–Southern California Bancorp (OTC Pink: BCAL), the holding company for Bank of Southern California, N.A., and Friendly Hills Bank (OTCBB: FHLB) jointly ann...

Bank of Southern California Expands Its Footprint to Include the San Fernando Valley
Posted: 01/25/2021

San Diego, January 25, 2021 – Bank of Southern California, N.A. (OTC Pink: BCAL), a commercial bank headquartered in San Diego, is excited to announce the opening of a full-service branch location in...

Southern California Bancorp Completes $42 Million Capital Offering
Posted: 12/23/2020

SAN DIEGO–(BUSINESS WIRE)–Southern California Bancorp (the “Company”) (OTC Pink: BCAL), the holding company for Bank of Southern California, N.A. (the “Bank”), announces the successful completion of ...

Bank of Southern California Names Thomas G. Dolan Chief Financial Officer
Posted: 12/07/2020

Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, announced today the appointment of Thomas G. Dolan as Executive Vice President, Chief Financi...

The Bancorp Announces Termination of Compliance-Related Consent Order
Posted: 11/24/2020

WILMINGTON, Del.–(BUSINESS WIRE)–The Bancorp, Inc. (NASDAQ: TBBK), announced today that the Federal Deposit Insurance Corporation (FDIC), the prudential regulator of The Bancorp Bank (Bank), has term...

Enterprise Financial Services Corp Announces Completion of Merger With Seacoast Commerce Banc Holdings
Posted: 11/12/2020

ST. LOUIS–(BUSINESS WIRE)–Enterprise Financial Services Corp (Nasdaq: EFSC) (“Enterprise”), the holding company of Enterprise Bank & Trust (“EB&T”), announced today the completion of its merger with ...

Bank of Southern California Hires Chief Banking Officer to Grow the Bank’s Presence in Southern California
Posted: 11/12/2020

SAN DIEGO–(BUSINESS WIRE)–Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Richard Hernandez has joined the compan...

Southern California Bancorp Names David I. Rainer Executive Chairman
Posted: 11/05/2020

SAN DIEGO–(BUSINESS WIRE)–Southern California Bancorp (the “Company”) (OTC Pink: BCAL), the holding company for Bank of Southern California, N.A. (the “Bank”) is pleased to announce that David I. Rai...

Riverview Financial Corporation Announces Completion of $25 Million Subordinated Notes Offering
Posted: 10/06/2020

HARRISBURG, Pa., Oct. 6, 2020 /PRNewswire/ — Riverview Financial Corporation (the “Company” or “Riverview”) (NASDAQ: RIVE), the bank holding company for Riverview Bank (the “Bank”), today announced t...

Nathan Rogge Named 2020 CEO of the Year by the San Diego Business Journal
Posted: 10/01/2020

SAN DIEGO–(BUSINESS WIRE)–Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Nathan Rogge, President and CEO of Bank...

Enterprise Financial Services Corp to Acquire Seacoast Commerce Banc Holdings
Posted: 08/20/2020

ST. LOUIS & SAN DIEGO–(BUSINESS WIRE)–Enterprise Financial Services Corp (Nasdaq: EFSC) (the “Company,” “EFSC,” “Enterprise,” “we,” “us,” or “our”), the holding company of Enterprise Bank & Trust (“E...

The Bancorp, Inc. Announces Completion of $100 Million Senior Note Offering
Posted: 08/13/2020

WILMINGTON, Del.–(BUSINESS WIRE)–The Bancorp, Inc. (the “Company”) (Nasdaq: TBBK), today announced the completion of its previously announced underwritten offering and sale of its $100.0 million aggr...

The Bancorp Files Mixed Shelf
Posted: 06/29/2020

Wilmington, Del.-based The Bancorp Inc. filed a shelf registration statement for the sale of up to $250 million of various securities from time to time.

Southern California Bancorp, the Holding Company for Bank of Southern California, Completes Acquisition of CalWest Bancorp, the Holding Company for CalWest Bank
Posted: 06/01/2020

SAN DIEGO, Calif.–(BUSINESS WIRE)–Southern California Bancorp (OTC Pink: BCAL), the holding company for Bank of Southern California, N.A., announced today the completion of its acquisition of CalWest...

Southern California Bancorp Completes Subordinated Note Offering
Posted: 05/29/2020

SAN DIEGO, Calif.–(BUSINESS WIRE)–Southern California Bancorp (OTC Pink: BCAL) (the “Company”), the holding company for Bank of Southern California, today announced that it has completed a private pl...

Bank of Southern California Announces Completion of Holding Company Reorganization
Posted: 05/21/2020

SAN DIEGO, Calif.–(BUSINESS WIRE)–Southern California Bancorp (OTCPK: BCAL) (the “Company”) announced today the completion of Bank of Southern California’s previously reported holding company reorgan...

Enterprise Financial Services Corp Announces Exercise of Over-Allotment Option in Subordinated Notes Offering
Posted: 05/20/2020

ST. LOUIS, Mo.–(BUSINESS WIRE)–Enterprise Financial Services Corp (Nasdaq: EFSC) (the “Company”), the holding company of Enterprise Bank & Trust (the “Bank”), today announced that the underwriters of...

Enterprise Financial Services Corp Announces Pricing of Subordinated Notes Offering
Posted: 05/18/2020

ST. LOUIS, Mo.–(BUSINESS WIRE)–Enterprise Financial Services Corp (Nasdaq: EFSC) (the “Company”), the holding company of Enterprise Bank & Trust (the “Bank”), today announced the pricing of its publi...

FDIC Terminates Consent Order Against Bancorp Bank
Posted: 05/15/2020

The Federal Deposit Insurance Corp. notified Wilmington, Del.-based Bancorp Bank that it has lifted the consent order dated June 5, 2014, against the bank.

Bank of Southern California, N.A. and CalWest Bancorp, the Holding Company for CalWest Bank, Announce Changes to Merger Agreement
Posted: 04/29/2020

SAN DIEGO and RANCHO SANTA MARGARITA, Calif., April 29, 2020 /PRNewswire/ — Bank of Southern California, N.A. (OTC Pink: BCAL) and CalWest Bancorp (OTCBB: CALW), today announced that they have renego...

Enterprise Financial Services Files Mixed Shelf
Posted: 04/08/2020

Enterprise Financial Services Corp. filed an automatic shelf registration statement for the sale of an indeterminate amount of various securities from time to time.

The Bancorp Ranked in Equal Opportunity Magazine’s Top Employer List
Posted: 03/26/2020

WILMINGTON, Del.–(BUSINESS WIRE)–The Bancorp, Inc. (NASDAQ: TBBK) is pleased to announce it has been named number 46 on Equal Opportunity Magazines annual Readers choice Top 50 Employers listing.

OTC Markets Group Welcomes InBankshares, Corp to OTCQX
Posted: 01/22/2020

NEW YORK, Jan. 22, 2020–(PRNewswire)–OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced InBankshares, Corp (OTCQX: INBC), the h...

The Bancorp Increases Commercial Fleet Leasing Footprint, Acquisition Expands The Bancorp to Southeastern Pennsylvania Region
Posted: 01/14/2020

WILMINGTON, Del.–(BUSINESS WIRE)–The Bancorp, Inc. (NASDAQ: TBBK) is pleased to announce the recent acquisition of McMahon Leasing. The purchase expands The Bancorp’s footprint to the southeastern Pe...

Bank of Southern California Completes Capital Offering and Plans to Form Holding Company
Posted: 12/16/2019

SAN DIEGO, Calif.–(PRNewswire)–Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, announced today the successful completion of a capital raise o...

The Bancorp Freed from Fed Order Tied to Capital Management
Posted: 12/11/2019

The Bancorp in Wilmington, Del., received some positive news heading into the new year.

Tri-County Financial Group, Inc. and H.F. Gehant Bancorp, Inc. announce agreement and plan of merger
Posted: 11/01/2019

MENDOTA, Ill., Nov. 01, 2019 (GLOBE NEWSWIRE) — The board of directors of Tri-County Financial Group, Inc. (OTCQX: TYFG), the holding company for First State Bank, and the board of directors of H.F. ...

Bank of Southern California, N.A. and CalWest Bancorp, the Holding Company for CalWest Bank, Announce Agreement to Merge
Posted: 10/21/2019

SAN DIEGO and RANCHO SANTA MARGARITA, Calif.–(PRNewswire)–Bank of Southern California, N.A. (OTC Pink: BCAL) and CalWest Bancorp (OTCBB: CALW), today announced the signing of a definitive agreement a...

OTC Markets Group Welcomes Tri County Financial Group Inc. to OTCQX
Posted: 05/21/2019

NEW YORK, May 21, 2019 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Tri County Financial Group Inc. (OTCQX...

Suncrest Bank Named to Top 200 Healthiest Banks
Posted: 05/20/2019

SACRAMENTO, Calif. and VISALIA, Calif., May 20, 2019 /PRNewswire/ — Suncrest Bank (OTCQX: SBKK) today announced it has been named as one of DepositAccounts.com Top 200 Healthiest Banks for 2019.

Citizens Bank & Trust and Summit Bank of Kansas City Announce Merger Plans
Posted: 05/08/2019

Lee’s Summit, MO–Citizens Bank & Trust and Summit Bank of Kansas City today announced their merger agreement and submission of a related regulatory application. The announcement was made jointly by R...

Suncrest Bank Named to Top 100 Best Performing by S&P Global Market Intelligence
Posted: 04/09/2019

SACRAMENTO, Calif. and VISALIA, Calif.–(PRNewswire)–Suncrest Bank (OTCQX: SBKK) today announced it has been named as one of S&P’s Global Market Intelligence Top 100 Best-Performing Community Banks fo...

International Bank Changes Name to InBank
Posted: 04/08/2019

Denver, CO–(PRWeb)–International Bank and its holding company, InBankshares, Corp. (“InBankshares”), announces that the bank’s name has changed to InBank. The new name reflects the 100-year legacy of...

Enterprise Financial Services Corp and Trinity Capital Corporation (Parent Company of Los Alamos National Bank) Complete Merger
Posted: 03/08/2019

ST. LOUIS, Mo.–(BUSINESS WIRE)–Enterprise Financial Services Corp (NASDAQ: EFSC) (“Enterprise,” or “EFSC”), the holding company for Enterprise Bank & Trust (“EB&T”), today announced the completion of...

FirstCapital Bank of Texas and Fidelity Bank Complete Merger
Posted: 03/01/2019

Midland, Texas–First Bancshares of Texas, Inc. – the holding company for FirstCapital Bank of Texas, N.A. (FCB) – has officially acquired Wichita Falls-based FB Bancshares, Inc. – the holding company...

OTC Markets Group Welcomes Liberty Bancshares Inc. to OTCQX
Posted: 02/05/2019

NEW YORK, Feb. 5, 2019–(PRNewswire)–OTC Markets Group Inc. (OTCQX:OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Liberty Bancshares Inc. (otcqx:LBSI), the...

FirstCapital Bank of Texas and Fidelity Bank to Merge
Posted: 11/14/2018

Midland, Texas–FirstCapital Bank of Texas, N.A. and Fidelity Bank, together announce the signing of a definitive agreement in which Fidelity Bank will merge with FirstCapital Bank of Texas (FCB) in a...

Enterprise Financial Services Corp and Trinity Capital Corporation (Parent Company of Los Alamos National Bank) Announce Intent to Merge
Posted: 11/01/2018

ST. LOUIS, Mo.–(BUSINESS WIRE)–Enterprise Financial Services Corp (NASDAQ:EFSC) (the “Company,” “EFSC,” “Enterprise,” “we,” “us,” or “our”), the holding company of Enterprise Bank & Trust (“EB&T”) an...

Liberty Bancshares, Inc. Completes $13 Million Capital Raise
Posted: 10/01/2018

Ada, OH–(WKTN)–Liberty Bancshares Inc. announced that it has closed on the sale of $13.0 million of the Company’s common and preferred stock in a private offering. The Company netted $12.4 million in...

OTC Markets Group Welcomes CNB Bank Shares to OTCQX
Posted: 09/11/2018

NEW YORK, Sept. 11, 2018–(PRNewswire)–OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced CNB Bank Shares, Inc. (OTCQX: CNBN), a...

Riverview Financial Corporation Announces Listing On The Nasdaq Stock Market LLC
Posted: 08/10/2018

HARRISBURG, Pa.–(PRNewswire)–Riverview Financial Corporation, (the, “Company”) announced today that it has received approval from The Nasdaq Stock Market LLC to list its voting common shares for trad...

Bank of Southern California Completes Acquisition of Americas United Bank
Posted: 08/01/2018

SAN DIEGO, Calif.–(PRNewswire)–Bank of Southern California, N.A., San Diego, California (OTC Pink: BCAL) announced today the completion of its acquisition of Americas United Bank, Glendale, Californi...

The Bancorp Bank Announces Transfer of Safe Harbor IRA Accounts Portfolio to Millennium Trust Company
Posted: 07/10/2018

WILMINGTON, Del.–(BUSINESS WIRE)–The Bancorp, Inc. (NASDAQ: TBBK) announces that its wholly owned subsidiary, The Bancorp Bank, has entered into an agreement to transfer all of its rights and obligat...

International Bank Acquired by Seasoned Ownership Group of Banking Executives
Posted: 06/27/2018

Denver, CO–(PRWeb)–InBankshares, Corp (“InBankshares”), a newly established bank holding company founded by a group of seasoned banking executives, announced today that it has raised approximately $7...

CNB Bank Shares Closes Jacksonville Bancorp Deal
Posted: 06/05/2018

Carlinville, Ill.based CNB Bank Shares, Inc. on June 4 completed its acquisition of Jacksonville, Ill.-based Jacksonville Bancorp Inc

Suncrest Bank Completes Merger with CBBC
Posted: 05/23/2018

SACRAMENTO, Calif. and VISALIA, Calif.–(PRNewswire)–Suncrest Bank (OTCQX: SBKK) (“Suncrest”) today announced that it has completed its merger with CBBC (“Community Business Bank”). In addition, Suncr...

Suncrest Bank and CBBC Receive Regulatory Approval to Merge
Posted: 05/16/2018

SACRAMENTO, Calif. and VISALIA, Calif.–(PRNewswire)–Suncrest Bank (OTCQX: SBKK) (“Suncrest”) and CBBC Bancorp (OTCBB: CBBC) (“CBBC”), the parent company of Community Business Bank, today announced th...

Bank of Southern California Successfully Completes $26 Million Capital Offering
Posted: 04/02/2018

SAN DIEGO, Calif.–(PRNewswire)–Bank of Southern California, N.A. (OTC Pink: BCAL) announced today the completion of a capital raise of approximately $26 million through the issuance of common stock i...

Bank of Southern California Recognized as Top Small Business Lender
Posted: 03/12/2018

SAN DIEGO, Calif.–(PRNewswire)–Bank of Southern California (OTC Pink: BCAL) announced it was awarded two top small business lending partner awards in the medium sized bank category by the San Diego D...

Fed Lifts Written Agreement with Trinity Capital
Posted: 03/05/2018

The Federal Reserve Bank of Kansas City lifted its written agreement with Trinity Capital Corp., effective Feb. 27.

Bank of Southern California and Americas United Bank Announce Agreement to Merge
Posted: 02/22/2018

SAN DIEGO, Calif.–(PRNewswire)–Bank of Southern California, N.A., San Diego, CA (OTC Pink: BCAL), and Americas United Bank, Glendale, CA (OTC Pink: AUNB), today announced the signing of a definitive ...

Suncrest Bank Named to 2018 OTCQX Best 50
Posted: 02/01/2018

VISALIA, Calif.–(PRNewswire)–Suncrest Bank (OTCQX: SBKK) is pleased to announce it has been named to the 2018 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market las...

CNB Bank Shares, Inc. and Jacksonville Bancorp, Inc. Announce Agreement to Merge
Posted: 01/18/2018

CARLINVILLE, Ill. and JACKSONVILLE, Ill.–(GLOBE NEWSWIRE)–CNB Bank Shares, Inc. (“CNB Shares”) and Jacksonville Bancorp, Inc. (“Jacksonville Bancorp”) (NASDAQ:JXSB) jointly announced that they have e...

International Bank to be Acquired by FFP Group, Inc.
Posted: 12/13/2017

Raton, NM–(KRTN)–FFP Group, Inc. and Raton Capital Corporation, the parent bank holding company for International Bank, jointly announced the signing of an Agreement and Plan of Merger under which FF...

Los Alamos, NM-Based Trinity Capital Closes $10 Million Rights Offering
Posted: 11/13/2017

Trinity Capital Corp. has completed its previously announced combined rights offering to shareholders and supplemental community offering, raising aggregate gross proceeds of about $10.0 million.

Suncrest Bank and CBBC Bancorp Agree to Merge
Posted: 11/07/2017

SACRAMENTO, Calif. and VISALIA, Calif.–(PRNewswire)–Suncrest Bank (OTCQX: SBKK) (“Suncrest”) and CBBC Bancorp (OTCBB: CBBC) (“CBBC”), the parent company of Community Business Bank, today announced th...

Trinity Capital Corporation Announces Termination of Consent Order Against Los Alamos National Bank
Posted: 11/07/2017

LOS ALAMOS, N.M.–November 7, 2017–Trinity Capital Corporation (“TCC”), the parent company of Los Alamos-based Los Alamos National Bank (“LANB” or the “Bank”), today announced that the Office of the C...

First Bancshares of Texas Announces Closing of $45 Million Private Placement of Common Stock
Posted: 10/11/2017

Midland, TX–(PRWeb)–First Bancshares of Texas, Inc. (FBT), the parent company of FirstCapital Bank of Texas, National Association (FirstCapital Bank), announced today the closing of a $45 million pri...

Tri-County Financial Group, Inc. Completes Stock Offering
Posted: 10/10/2017

MENDOTA, IL (October 10, 2017) – Tri-County Financial Group, Inc. (OTC Pink:TYFG), the parent company of First State Bank, today reported the successful completion of a private placement of common an...

Riverview Financial Corporation Completes Transaction with CBT Financial Corp.
Posted: 10/02/2017

HARRISBURG, Pa.–(PRNewswire)–Riverview Financial Corporation (“Riverview“) (OTCQX: RIVE) headquartered in Harrisburg, Pennsylvania today announced the completion of its merger with CBT Financial Corp...

OTC Markets Group Welcomes Trinity Capital Corporation to OTCQX
Posted: 09/11/2017

NEW YORK, September 11, 2017–(PRNewswire)–OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Trinity Capital Corporation (OTCQX...

Missouri's Citizens Bancshares Redeems TARP Stock, Names Investor to Board
Posted: 08/17/2017

Kansas City, Mo.-based Citizens Bancshares Co. has redeemed $23.8 million of its remaining series A and B fixed-rate cumulative preferred stock issued under the U.S. Treasury’s Troubled Asset Relief ...

United Community Banks, Inc. Announces Completion of Merger With HCSB Financial Corporation
Posted: 08/01/2017

BLAIRSVILLE, Ga.–(GLOBE NEWSWIRE)–United Community Banks, Inc. (NASDAQ:UCBI) (“United”) has completed its merger, effective July 31, 2017, with Myrtle Beach, South Carolina-based HCSB Financial Corpo...

Los Alamos National Bank Names CFO
Posted: 06/23/2017

LOS ALAMOS, N.M.–June 23, 2017–On June 19, 2017, the Board of Directors of Los Alamos National Bank (“LANB” or the “Bank”), the wholly-owned subsidiary of Trinity Capital Corporation (the “Company”),...

MetaBank, Bancorp Bank Complete Purchase & Assumption Agreement
Posted: 05/03/2017

Sioux Falls, S.D.-based MetaBank and Wilmington, Del.-based Bancorp Bank completed their purchase and assumption agreement, with the former assuming prepaid accounts from the latter.

United Community Banks, Inc. and HCSB Financial Corporation (Horry County State Bank) Announce Merger Agreement
Posted: 04/20/2017

BLAIRSVILLE, Ga. and LORIS, S.C.–(GLOBE NEWSWIRE)–United Community Banks, Inc. (NASDAQ:UCBI) (“United”) and HCSB Financial Corporation (OTCQB:HCFB) (“HCSB”) announced today a definitive agreement for...

Riverview Financial Corporation and CBT Financial Corp. announce a Merger of Equals Transaction
Posted: 04/20/2017

HARRISBURG, PA and CLEARFIELD, PA–(Marketwired)–Riverview Financial Corporation (“Riverview”) (OTCQX: RIVE), headquartered in Harrisburg, Pennsylvania, and CBT Financial Corp. (“CBT”) (OTC PINK: CBTC...

Fed Terminates Enforcement Action Against HCSB Financial
Posted: 03/23/2017

The Federal Reserve Board on March 21 terminated an enforcement action against Loris, S.C.-based HCSB Financial Corp., according to a March 23 press release.

Suncrest Bank Named to 2017 OTCQX Best 50
Posted: 02/02/2017

VISALIA, Calif.–(PRNewswire)–Suncrest Bank (OTCQX: SBKK) is pleased to announce it has been named to the 2017 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market las...

Riverview Financial Corporation Announces Closing of $17.0 Million Private Placement of Common Stock and Preferred Stock
Posted: 01/20/2017

HARRISBURG, PA–(Marketwired)–Riverview Financial Corporation (OTCQX: RIVE) announced today that it completed the sale of approximately $17.0 million in common and preferred equity, before expenses, t...

Riverview Financial Corporation Announces $17.0 Million Private Placement of Common Stock and Preferred Stock
Posted: 01/18/2017

HARRISBURG, PA–(Marketwired)–Riverview Financial Corporation (OTCQX: RIVE) announced today that it has entered into agreements with accredited investors and qualified institutional buyers to raise ap...

Trinity Capital to Redeem Preferred Shares for $50.7 Million
Posted: 01/04/2017

Trinity Capital Corp. will redeem Jan. 30 its outstanding preferred shares, which were originally issued under the U.S. Treasury Department’s TARP, for $50.7 million. The price includes all accrued a...

Bank of Southern California Completes $7 Million Capital Offering and Announces New Board of Directors
Posted: 01/04/2017

SAN DIEGO, Calif.–(PRNewswire)–Bank of Southern California (OTC Pink: BCAL) announced that it has completed a capital raise of $7 million through a stock purchase agreement of the Bank’s common stock...

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...