Posted In Fund VII

Bank of Idaho Holding Company Announces Private Placement

  • Posted 07/23/2019
  • Castle Creek
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Copyright © 2019, The Times-News IDAHO FALLS, Idaho—Bank of Idaho Holding Co., the parent company of Bank of Idaho, has announced that it has completed a $15 million private placement of its capital stock. The investor in the private placement is an affiliate of Castle Creek Capital LLC, an institutional investor that specializes in the community banking sector. Proceeds from CONTINUE READING >>

Northpointe Bank Parent Company Raises $25 Million from PE firm

  • Posted 06/3/2019
  • Castle Creek
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GRAND RAPIDS — Northpointe Bancshare Inc. raised $25 million in capital through a private placement of common stock with Castle Creek Capital LLC, a private equity firm based in Rancho Santa Fe, Calif., north of San Diego. The Grand Rapids-based parent company of Northpointe Bank plans to use proceeds from the capital raise to support further growth and “other general corporate purposes,” the company said. CONTINUE READING >>

Pathfinder Bancorp, Inc. Announces Completion of $20.8 Million Private Placement of Equity Capital

  • Posted 05/9/2019
  • Castle Creek
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OSWEGO, N.Y., May 09, 2019 (GLOBE NEWSWIRE) — Pathfinder Bancorp, Inc.  (“Pathfinder” or the “Company”) (NASDAQ: PBHC), the holding company for Pathfinder Bank (“Bank”), announced today that it has successfully closed a $20.8 million private placement of shares (“Shares”) of common stock and a newly issued series of convertible perpetual preferred stock (“Preferred Stock”) to local and institutional investors.  The CONTINUE READING >>

McGregor Bancshares Closes $25 Million Private Placement

  • Posted 03/7/2019
  • Castle Creek
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Copyright © 2019, SNL Financial By Fatima Aitizaz McGregor, Texas-based McGregor Bancshares Inc. closed a private placement of $25 million of its capital stock. Certain affiliates of Castle Creek Capital LLC and EJF Capital LLC participated in the private placement, and the companies will become shareholders of McGregor Bancshares. The private placement’s proceeds will go toward facilitating strategic initiatives, supporting CONTINUE READING >>