Posted In Fund IV

Carlile Bancshares Completes Acquisition of Two Austin Banks

  • Posted 03/2/2011
  • Castle Creek
  • No comments

AUSTIN, Texas–(PRNewswire)–Carlile Bancshares, Inc. of Fort Worth finalized the acquisitions of Treaty Oak Bank of Austin and Community State Bank of Austin on February 10, 2011.  The banks will be merged during the second quarter of 2011 under the name Treaty Oak Bank.  The combined bank will have approximately $140 million in assets and $18 million in capital. Ronald W. CONTINUE READING >>

BankFIRST Ranked “#1 Small Business Lender in Florida” for Second Consecutive Year

  • Posted 02/22/2011
  • Castle Creek
  • No comments

Donald J. McGowan, President and CEO of BankFIRST announced today that the bank has retained its standing as the “#1 Small Business Lender in Florida.” This marks the second consecutive year that BankFIRST has secured the top position, as ranked by the Office of Advocacy of the U.S. Small Business Administration from call reports of all Florida financial institutions in CONTINUE READING >>

BankFIRST Announces Signing of Definitive Agreement to Acquire East Coast Community Bank

  • Posted 01/5/2011
  • Castle Creek
  • No comments

WINTER PARK, Fla.–(PRNewswire)–The BANKshares, Inc. and BankFIRST (collectively “BankFIRST”) today announced the signing of a definitive agreement and plan of merger to acquire all of the outstanding common stock of The Commercial Bancorp, Inc.  The Commercial Bancorp, Inc. is the $90 million-asset bank holding company of East Coast Community Bank (collectively “East Coast”), headquartered in Ormond Beach, Florida. The definitive CONTINUE READING >>

Carlile Bancshares Completes $328 Capital Raise

  • Posted 09/28/2010
  • Castle Creek
  • No comments

FORT WORTH, Texas–(PRNewswire)–Carlile Bancshares, Inc., Fort Worth, Texas, announced today that it has completed the capital raise of $328 million to acquire either failed banks through its previously granted shelf charter, Carlile Bank, National Association, or through open bank transactions. On September 15, 2010, Carlile Bank, National Association received a clearance to bid letter from the FDIC allowing it to CONTINUE READING >>