Posted In Fund IV

Southern National Bancorp of Virginia Files Mixed Shelf

  • Posted 04/29/2020
  • Castle Creek
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Copyright © 2020, SNL Financial By Arra Francia Southern National Bancorp of Virginia Inc. filed a shelf registration statement for the sale of up to $75 million of various securities that it may offer from time to time.  The filing covers common stock, preferred stock, senior debt securities, subordinated debt securities, depositary shares, purchase contracts, units, warrants and rights.  The company CONTINUE READING >>

Leadership Transition at Southern National Bancorp of Virginia, Inc.

  • Posted 03/31/2020
  • Jennifer Lian
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MCLEAN, Va., March 31, 2020 /PRNewswire/ — Southern National Bancorp of Virginia, Inc. (NASDAQ: SONA) (the “Company”) announced today that Ms. Georgia S. Derrico is retiring from her position as Executive Chairman of the Board of each of the Company and its wholly-owned subsidiary, Sonabank, and that Mr. R. Roderick Porter is retiring from his position as Executive Vice Chairman CONTINUE READING >>

Appointment of Dennis J. Zember Jr. as President and Chief Executive Officer of Southern National Bancorp of Virginia, Inc.

  • Posted 02/20/2020
  • Castle Creek
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MCLEAN, Va.–(GLOBE NEWSWIRE)–Southern National Bancorp of Virginia, Inc. (NASDAQ: SONA) (“Southern National” or the “Company”) announced today that Dennis J. Zember Jr. has been appointed President and Chief Executive Officer of Southern National and its wholly-owned subsidiary, Sonabank, as well as a member of the Board of Directors of Southern National and Sonabank, effective February 19, 2020. Georgia Derrico, Executive CONTINUE READING >>

First Merchants, Monroe Bank & Trust Finalize Merger

  • Posted 09/3/2019
  • Castle Creek
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MUNCIE, Ind.–First Merchants Corporation (NASDAQ: FRME) and MBT Financial Corporation (NASDAQ: MBTF) have finalized a merger of the two companies. Following regulatory approvals last month, the companies consummated their legal closing through a 100% stock transaction effective September 1, 2019. As previously announced in late 2018, Monroe Bank & Trust will also merge with and into First Merchants Bank. Headquartered CONTINUE READING >>