Posted In Fund VI

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 >>

HCSB Financial Corporation Announces Removal of Regulatory Consent Order

  • Posted 10/27/2016
  • Castle Creek
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LORIS, S.C.–(GLOBE NEWSWIRE)–HCSB Financial Corporation (OTC Pink:HCFB) (the “Company”), the holding company for Horry County State Bank (the “Bank”), announced today that the Bank received notification on October 26, 2016 from the Federal Deposit Insurance Corporation and the South Carolina State Board of Financial Institutions (the “Supervisory Authorities”) that the Consent Order previously entered into with the Bank on February 10, CONTINUE READING >>

Trinity Capital Corporation Announces Agreement For Proposed $52 Million Equity Recapitalization and $10 Million Rights Offering

  • Posted 09/8/2016
  • Castle Creek
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LOS ALAMOS, N.M.–September 8, 2016–Trinity Capital Corporation (the “Company” or “Trinity”), parent company of Los Alamos National Bank (“LANB”), announced Thursday that it has entered into a stock purchase agreement with Castle Creek Capital Partners VI, L.P. (“Castle Creek”), Patriot Financial Partners II, L.P., Patriot Financial Partners Parallel II, L.P. (together with Patriot Financial Partners II, L.P., “Patriot”) and Strategic CONTINUE READING >>