Posted In Fund IV

Southern National Bancorp of Virginia, Inc. and Eastern Virginia Bankshares, Inc. Announce Closing of Merger

  • Posted 06/23/2017
  • Castle Creek
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MCLEAN, Va. and RICHMOND, Va.–(GLOBE NEWSWIRE)–Southern National Bancorp of Virginia, Inc. (NASDAQ:SONA) (“Southern National”) and Eastern Virginia Bankshares, Inc. (NASDAQ:EVBS) (“Eastern Virginia”) jointly announced today the completion of the merger of Eastern Virginia with and into Southern National and the completion of the merger of Eastern Virginia’s wholly-owned bank subsidiary, EVB, with and into Southern National’s wholly-owned bank subsidiary, Sonabank.  CONTINUE READING >>

TBK Bank to Acquire 9 Branches from Independent Bank

  • Posted 06/23/2017
  • Castle Creek
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DALLAS, Texas–(GLOBE NEWSWIRE)–Triumph Bancorp, Inc. (NASDAQ:TBK) today announced that its banking subsidiary, TBK Bank, SSB (“TBK Bank”) has signed a definitive agreement to acquire 9 branch locations in Colorado from Independent Bank Group, Inc.’s (NASDAQ:IBTX) banking subsidiary Independent Bank. TBK Bank will purchase approximately $100 million in loans and assume approximately $168 million in deposits associated with the branches for CONTINUE READING >>

FirstCapital Bank of Texas Acquires Bank Branch from Independent Bank

  • Posted 06/12/2017
  • Castle Creek
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MIDLAND, Texas–(GLOBE NEWSWIRE)–FirstCapital Bank of Texas, N.A. (FCB) has signed a definitive agreement with Independent Bank to acquire Independent Bank’s branch located in Marble Falls. The Marble Falls branch was formerly owned by NorthStar Bank. FCB, headquartered in Midland, Texas, plans to complete the branch acquisition by Sept. 1, 2017, although delays could occur. “As a community bank, we value CONTINUE READING >>

Sandy Spring Bancorp Acquisition of WashingtonFirst Bankshares to Create Region’s Largest, Locally-Headquartered Community Bank

  • Posted 05/16/2017
  • Castle Creek
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OLNEY, Md.–(GLOBE NEWSWIRE)–Sandy Spring Bancorp, Inc. (NASDAQ:SASR) (“Sandy Spring”), the parent company of Sandy Spring Bank, and WashingtonFirst Bankshares, Inc. (NASDAQ:WFBI) (”WashingtonFirst”), the parent company of WashingtonFirst Bank, jointly announced today they have entered into a definitive agreement for Sandy Spring to acquire the Virginia-based WashingtonFirst to create one of the premier banks in the Greater Washington, D.C. region. With CONTINUE READING >>