MONROE, Mich.–(GLOBE NEWSWIRE)–MBT Financial Corp., (Nasdaq:MBTF), the parent company of Monroe Bank & Trust, reported a preliminary net loss of $144,000 ($0.01 per share), in the fourth quarter of 2017, compared to a profit of $3,578,000 ($0.16 per share, basic and diluted), in the fourth quarter of 2016. The profit for the year ended December 31, 2017 is $10,609,000, compared CONTINUE READING >>
Posted In Fund IV
OLNEY, Md.–(GLOBE NEWSWIRE)–Sandy Spring Bancorp, Inc. (NASDAQ:SASR) (“Sandy Spring”) announced today that it completed the acquisition of WashingtonFirst Bankshares, Inc. (“WashingtonFirst”), effective January 1, 2018. WashingtonFirst was the holding company for WashingtonFirst Bank. Now officially part of Sandy Spring Bank, WashingtonFirst Bank’s branding will change to Sandy Spring Bank with the full conversion of systems expected to occur later this CONTINUE READING >>
MCKINNEY, Texas–(GLOBE NEWSWIRE)–Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Bank, today announced that Independent Bank Group has entered into a definitive agreement to acquire Integrity Bancshares, Inc. and its subsidiary, Integrity Bank SSB, Houston, Texas. Integrity Bancshares, through Integrity Bank, operates four full service banking locations in the Houston metropolitan area. As of September 30, 2017, Integrity CONTINUE READING >>
Sandy Spring Bancorp, Inc. Receives All Regulatory Approvals for Acquisition of WashingtonFirst Bankshares, Inc.
OLNEY, Md.–(GLOBE NEWSWIRE)–Sandy Spring Bancorp, Inc. (NASDAQ:SASR) (“Sandy Spring”) announced that it has received all of the requisite regulatory approvals from the Board of Governors of the Federal Reserve System, the Maryland Office of the Commissioner of Financial Regulation, and the Virginia State Corporation Commission to complete the acquisition of WashingtonFirst Bankshares, Inc. (“WashingtonFirst”) and the related merger of WashingtonFirst CONTINUE READING >>