News

Lincoln Bancorp Completes $30 Million Common Stock Private Placement

  • Posted: 12/4/2018
  • Castle Creek
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Copyright © 2018, SNL Financial By Muhammad Aurangzeb Reinbeck, Iowa-based Lincoln Bancorp completed a private placement of $30.0 million in common stock. Investors in the offering included individual investors from Lincoln Bancorp’s market area and existing shareholder base, and affiliates of Castle Creek Capital LLC and EJF Capital LLC. Lincoln Bancorp plans to use the capital to support organic growth, CONTINUE READING >>

FirstCapital Bank of Texas and Fidelity Bank to Merge

  • Posted: 11/14/2018
  • Castle Creek
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Midland, Texas–FirstCapital Bank of Texas, N.A. and Fidelity Bank, together announce the signing of a definitive agreement in which Fidelity Bank will merge with FirstCapital Bank of Texas (FCB) in a stock and cash transaction.  Upon completion of the merger, Fidelity Bank will merge with and into FCB with FCB being the surviving bank.  The combined bank will have approximately CONTINUE READING >>

Enterprise Financial Services Corp and Trinity Capital Corporation (Parent Company of Los Alamos National Bank) Announce Intent to Merge

  • Posted: 11/1/2018
  • Castle Creek
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ST. LOUIS, Mo.–(BUSINESS WIRE)–Enterprise Financial Services Corp (NASDAQ:EFSC) (the “Company,” “EFSC,” “Enterprise,” “we,” “us,” or “our”), the holding company of Enterprise Bank & Trust (“EB&T”) and Trinity Capital Corporation (“Trinity” or “TCC”), the holding company of Los Alamos National Bank (“LANB”) announced today that they have entered into a definitive merger agreement in a transaction valued at approximately $213 million. CONTINUE READING >>

SouthCrest Financial Group Exits FDIC Loss Share Agreement

  • Posted: 10/22/2018
  • Castle Creek
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ATLANTA, Ga.–(GLOBE NEWSWIRE)–Brian D. Schmitt, Chief Executive Officer of SouthCrest Financial Group, Inc. (SCSG:PK) announced today that the Company has executed an agreement with the FDIC to exit the loss share agreement associated with a prior failed bank purchase.  The financial impact to SouthCrest as a result of the termination was marginally negative, and was accrued for in the third CONTINUE READING >>