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Riverview Financial Corporation and CBT Financial Corp. announce a Merger of Equals Transaction

  • Posted: 04/20/2017
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HARRISBURG, PA and CLEARFIELD, PA–(Marketwired)–Riverview Financial Corporation (“Riverview”) (OTCQX: RIVE), headquartered in Harrisburg, Pennsylvania, and CBT Financial Corp. (“CBT”) (OTC PINK: CBTC), headquartered in Clearfield, Pennsylvania, jointly announced today the execution of an agreement and plan of merger (the “Agreement”) pursuant to which CBT will merge with and into Riverview in a transaction valued at approximately $50 million. The merger CONTINUE READING >>

United Community Banks, Inc. and HCSB Financial Corporation (Horry County State Bank) Announce Merger Agreement

  • Posted: 04/20/2017
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BLAIRSVILLE, Ga. and LORIS, S.C.–(GLOBE NEWSWIRE)–United Community Banks, Inc. (NASDAQ:UCBI) (“United”) and HCSB Financial Corporation (OTCQB:HCFB) (“HCSB”) announced today a definitive agreement for United to acquire HCSB and its wholly-owned bank subsidiary, Horry County State Bank, in an all-stock transaction.  The transaction has been unanimously approved by the Board of Directors of each company and is expected to close in CONTINUE READING >>

Independent Bank Group, Inc. Completes Acquisition of Carlile Bancshares, Inc.

  • Posted: 04/3/2017
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MCKINNEY, Texas–(GLOBE NEWSWIRE)–Independent Bank Group, Inc. (Nasdaq:IBTX), the holding company for Independent Bank, today announced the completion of the acquisition of Carlile Bancshares, Inc. Carlile Bancshares conducts its banking operations through its wholly owned subsidiary, Northstar Bank, Denton, Texas, that operates 24 full service banking locations in Texas and 18 full service banking locations in Colorado. As of September 30, CONTINUE READING >>

Summit Financial Group, Inc. Completes its Acquisition of First Century Bankshares, Inc. and Subsidiary, First Century Bank

  • Posted: 04/3/2017
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MOOREFIELD, W. Va.–(GLOBE NEWSWIRE)–Summit Financial Group, Inc. (“Summit”) (NASDAQ:SMMF) announces completion, effective April 1, 2017, of the acquisition by its subsidiary Summit Community Bank, Inc. of First Century Bankshares, Inc. and its subsidiary, First Century Bank, headquartered in Bluefield, West Virginia. The former First Century offices will continue to operate under that name until close of business on Friday, April CONTINUE READING >>