Posted In Fund VI

Los Alamos, NM-Based Trinity Capital Closes $10 Million Rights Offering

  • Posted 11/13/2017
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Copyright © 2017, SNL Financial By Leo Gatdula 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. The Los Alamos, N.M.-based company issued an aggregate of 2,105,263 shares of voting common stock — the total number of shares offered — at $4.75 apiece. Boenning CONTINUE READING >>

Trinity Capital Corporation Announces Termination of Consent Order Against Los Alamos National Bank

  • Posted 11/7/2017
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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 Comptroller of the Currency (the “OCC”) has terminated the consent order that the Bank has been operating under since December 17, 2013. The effective date of the termination was November 3, CONTINUE READING >>

Suncrest Bank and CBBC Bancorp Agree to Merge

  • Posted 11/7/2017
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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 the signing of a definitive agreement and plan of merger (the “Agreement”) whereby CBBC will merge with and into Suncrest. The merger is subject to customary closing conditions, including the receipt of all regulatory approvals and CONTINUE READING >>

First Bancshares of Texas Announces Closing of $45 Million Private Placement of Common Stock

  • Posted 10/11/2017
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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 private placement of common stock to certain institutional and other accredited investors. The placement was oversubscribed. The proceeds from the placement will be used to facilitate strategic initiatives, support the company’s organic growth CONTINUE READING >>