News

Sandy Spring Bancorp, Inc. Receives All Regulatory Approvals for Acquisition of WashingtonFirst Bankshares, Inc.

  • Posted: 11/22/2017
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OLNEY, Md.–(GLOBE NEWSWIRE)–Sandy Spring Bancorp, Inc. (NASDAQ:SASR) (“Sandy Spring”) announced that it has received all of the requisite regulatory approvals from the Board of Governors of the Federal Reserve System, the Maryland Office of the Commissioner of Financial Regulation, and the Virginia State Corporation Commission to complete the acquisition of WashingtonFirst Bankshares, Inc. (“WashingtonFirst”) and the related merger of WashingtonFirst CONTINUE READING >>

Los Alamos, NM-Based Trinity Capital Closes $10 Million Rights Offering

  • Posted: 11/13/2017
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Copyright © 2017, SNL Financial By Leo Gatdula Trinity Capital Corp. has completed its previously announced combined rights offering to shareholders and supplemental community offering, raising aggregate gross proceeds of about $10.0 million. The Los Alamos, N.M.-based company issued an aggregate of 2,105,263 shares of voting common stock — the total number of shares offered — at $4.75 apiece. Boenning CONTINUE READING >>

Trinity Capital Corporation Announces Termination of Consent Order Against Los Alamos National Bank

  • Posted: 11/7/2017
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LOS ALAMOS, N.M.–November 7, 2017–Trinity Capital Corporation (“TCC”), the parent company of Los Alamos-based Los Alamos National Bank (“LANB” or the “Bank”), today announced that the Office of the Comptroller of the Currency (the “OCC”) has terminated the consent order that the Bank has been operating under since December 17, 2013. The effective date of the termination was November 3, CONTINUE READING >>

Suncrest Bank and CBBC Bancorp Agree to Merge

  • Posted: 11/7/2017
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SACRAMENTO, Calif. and VISALIA, Calif.–(PRNewswire)–Suncrest Bank (OTCQX: SBKK) (“Suncrest”) and CBBC Bancorp (OTCBB: CBBC) (“CBBC”), the parent company of Community Business Bank, today announced the signing of a definitive agreement and plan of merger (the “Agreement”) whereby CBBC will merge with and into Suncrest. The merger is subject to customary closing conditions, including the receipt of all regulatory approvals and CONTINUE READING >>