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CNB Bank Shares Closes Jacksonville Bancorp Deal

  • Posted: 06/5/2018
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Copyright © 2018, SNL Financial By Fatima Aitizaz Carlinville, Ill.based CNB Bank Shares, Inc. on June 4 completed its acquisition of Jacksonville, Ill.-based Jacksonville Bancorp Inc [according to a Form 8-K]. As part of the $61.6 million deal, each share of Jacksonville Bancorp common stock was converted into the right to receive $33.70 in cash. Furthermore, each option to purchase CONTINUE READING >>

Suncrest Bank Completes Merger with CBBC

  • Posted: 05/23/2018
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SACRAMENTO, Calif. and VISALIA, Calif.–(PRNewswire)–Suncrest Bank (OTCQX: SBKK) (“Suncrest”) today announced that it has completed its merger with CBBC (“Community Business Bank”). In addition, Suncrest Bank also announced that it has completed a private placement of $25.0 million of the bank’s common stock. Both the merger and the private placement were completed per the terms first announced on November 7, CONTINUE READING >>

Independent Bank Group, Inc. to Acquire Guaranty Bancorp

  • Posted: 05/22/2018
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MCKINNEY, Texas and DENVER, Colo.–(GLOBE NEWSWIRE)–Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Bank, and Guaranty Bancorp (NASDAQ:GBNK), the holding company for Guaranty Bank and Trust Company, today jointly announced the signing of a definitive merger agreement pursuant to which Guaranty Bancorp will merge with and into Independent Bank Group in an all-stock transaction.  Upon completion of the CONTINUE READING >>

German American Bancorp, Inc. and First Security, Inc. Announce Definitive Merger Agreement

  • Posted: 05/22/2018
  • Castle Creek
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JASPER, Ind.–(GLOBE NEWSWIRE)–German American Bancorp, Inc. (Nasdaq:GABC) (“German American”) and First Security, Inc. (OTCQX:FIIT) (“First Security”) announced today that they have entered into a definitive agreement to merge First Security into German American. Upon completion of the transaction, First Security’s subsidiary bank, First Security Bank, Inc., will be merged into German American’s subsidiary bank, German American Bank. Under terms of CONTINUE READING >>