Posted In Fund VI

Trinity Capital to Redeem Preferred Shares for $50.7 Million

  • Posted 01/4/2017
  • Castle Creek
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Copyright © 2017, SNL Financial By Luis Nonito Pasuelo Trinity Capital Corp. will redeem Jan. 30 its outstanding preferred shares, which were originally issued under the U.S. Treasury Department’s TARP, for $50.7 million. The price includes all accrued and unpaid dividends as of the redemption date. The securities to be redeemed include 35,539 series A preferred shares and 1,777 series CONTINUE READING >>

Bank of Southern California Completes $7 Million Capital Offering and Announces New Board of Directors

  • Posted 01/4/2017
  • Castle Creek
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SAN DIEGO, Calif.–(PRNewswire)–Bank of Southern California (OTC Pink: BCAL) announced that it has completed a capital raise of $7 million through a stock purchase agreement of the Bank’s common stock with Castle Creek Capital, based in Rancho Santa Fe, California. As part of the offering, the Bank will issue 823,529 shares of its common stock. This is Bank of Southern CONTINUE READING >>

Trinity Capital Corporation Completes $52 Million Capital Raise and Recapitalization

  • Posted 12/19/2016
  • Castle Creek
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LOS ALAMOS, N.M.–December 19, 2016–Trinity Capital Corporation (the “Company” or “Trinity”), parent company of Los Alamos National Bank (“LANB”), announced today that it closed its previously announced private placement of 2,661,239 shares of its common stock at $4.75 per share and 82,862 shares of its Series C preferred stock at $475.00 per share to Castle Creek Capital Partners VI, L.P. CONTINUE READING >>

Suncrest Bank Completes Acquisition of Security First Bank

  • Posted 12/19/2016
  • Castle Creek
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VISALIA, Calif.–(PRNewswire)–Suncrest Bank (OTCQX: SBKK) today announced that it has completed its acquisition of Security First Bank in Fresno, CA. The acquisition, which was first announced on September 1st, 2016, was concluded following receipt of shareholder approval for the transaction from the shareholders of Security First Bank and all required regulatory approvals. As of September 30, 2016, Suncrest Bank had CONTINUE READING >>