News

German American to Complete Acquisition of First Security, Inc. and First Security Bank, Inc.

  • Posted: 10/15/2018
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JASPER, Ind.–(GLOBE NEWSWIRE)–German American Bancorp, Inc. (NASDAQ:GABC) announced today that it has completed its previously announced acquisition of First Security, Inc., the parent company of First Security Bank, Inc. of Owensboro, Kentucky, effective as of October 15, 2018. Immediately following the merger of First Security, Inc. into German American Bancorp, Inc., First Security Bank, Inc. merged with and into German CONTINUE READING >>

First Merchants Corporation and MBT Financial Corporation Announce the Signing of a Definitive Merger Agreement

  • Posted: 10/10/2018
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MUNCIE, Ind. and MONROE, Mich.–(GLOBE NEWSWIRE)–First Merchants Corporation (NASDAQ: FRME) and MBT Financial Corporation (NASDAQ: MBTF) today announced they have executed a definitive agreement whereby MBT Financial Corporation will merge with and into First Merchants Corporation in a 100% stock transaction valued at approximately $290.9 million.  Upon completion of the merger, Monroe Bank & Trust, will merge with and into CONTINUE READING >>

Bridgewater Bancshares, Inc. Named to Esteemed Sandler O’Neill Sm-All Stars Class of 2018

  • Posted: 10/2/2018
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BLOOMINGTON, Minn.–(BUSINESS WIRE)–Bridgewater Bancshares, Inc. (“Bridgewater”) (Nasdaq: BWB), the parent company of Bridgewater Bank, is pleased to announce it has been named to the prestigious Sandler O’Neill Sm-All Stars Class of 2018. Bridgewater was one of 30 publicly traded banks and thrifts – and the only bank headquartered in Minnesota and the Upper Midwest – to be recognized. According to CONTINUE READING >>

Liberty Bancshares, Inc. Completes $13 Million Capital Raise

  • Posted: 10/1/2018
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Ada, OH–(WKTN)–Liberty Bancshares Inc. announced that it has closed on the sale of $13.0 million of the Company’s common and preferred stock in a private offering. The Company netted $12.4 million in proceeds that will support organic growth and expansion of the Company’s subsidiary Liberty National Bank. “The stock offering was very well received by both local and institutional investors,” CONTINUE READING >>