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Guaranty Bancorp Announces Second Consecutive Quarter of Record Net Income and the Signing of a Definitive Agreement to Acquire Castle Rock Bank Holding Company

  • Posted: 07/19/2017
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DENVER, CO–(Marketwired)–Guaranty Bancorp (NASDAQ: GBNK), a community bank holding company based in Colorado, today announced second quarter 2017 net income of $10.1 million, or $0.36 per basic and diluted common share, compared to $5.7 million, or $0.27 per basic and diluted common share in the second quarter 2016. For the six months ended June 30, 2017, net income was $20.0 CONTINUE READING >>

Bridgewater Bancshares, Inc. Closes Private Placement of $25 Million Subordinated Notes

  • Posted: 07/12/2017
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Bloomington, MN–(Bridgewater Bank)–Bridgewater Bancshares, Inc. (the “Company”), parent company of Bridgewater Bank, announced today it has completed a $25 million private placement of subordinated notes due July 15, 2027. Bridgewater Bank, founded in 2005, has a solid history of proactively raising capital to support its successful, growth model. Bridgewater is among a handful of banks in the Midwest market to CONTINUE READING >>

Southern National Bancorp of Virginia, Inc. and Eastern Virginia Bankshares, Inc. Announce Closing of Merger

  • Posted: 06/23/2017
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MCLEAN, Va. and RICHMOND, Va.–(GLOBE NEWSWIRE)–Southern National Bancorp of Virginia, Inc. (NASDAQ:SONA) (“Southern National”) and Eastern Virginia Bankshares, Inc. (NASDAQ:EVBS) (“Eastern Virginia”) jointly announced today the completion of the merger of Eastern Virginia with and into Southern National and the completion of the merger of Eastern Virginia’s wholly-owned bank subsidiary, EVB, with and into Southern National’s wholly-owned bank subsidiary, Sonabank.  CONTINUE READING >>

TBK Bank to Acquire 9 Branches from Independent Bank

  • Posted: 06/23/2017
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DALLAS, Texas–(GLOBE NEWSWIRE)–Triumph Bancorp, Inc. (NASDAQ:TBK) today announced that its banking subsidiary, TBK Bank, SSB (“TBK Bank”) has signed a definitive agreement to acquire 9 branch locations in Colorado from Independent Bank Group, Inc.’s (NASDAQ:IBTX) banking subsidiary Independent Bank. TBK Bank will purchase approximately $100 million in loans and assume approximately $168 million in deposits associated with the branches for CONTINUE READING >>