News

First Bancshares of Texas Announces Closing of $45 Million Private Placement of Common Stock

  • Posted: 10/11/2017
  • Castle Creek
  • No Comments

Midland, TX–(PRWeb)–First Bancshares of Texas, Inc. (FBT), the parent company of FirstCapital Bank of Texas, National Association (FirstCapital Bank), announced today the closing of a $45 million private placement of common stock to certain institutional and other accredited investors. The placement was oversubscribed. The proceeds from the placement will be used to facilitate strategic initiatives, support the company’s organic growth CONTINUE READING >>

Tri-County Financial Group, Inc. Completes Stock Offering

  • Posted: 10/10/2017
  • Castle Creek
  • No Comments

MENDOTA, IL (October 10, 2017) – Tri-County Financial Group, Inc. (OTC Pink:TYFG), the parent company of First State Bank, today reported the successful completion of a private placement of common and preferred stock yielding gross proceeds of $20,000,033. The offering includes the issuance of 95,564 common shares at $35.52 per share and preferred stock that is convertible following certain permitted CONTINUE READING >>

TBK Bank Completes Acquisition of 9 Independent Bank Branches

  • Posted: 10/6/2017
  • Castle Creek
  • No Comments

DALLAS, Texas–(GLOBE NEWSWIRE)–Triumph Bancorp, Inc. (Nasdaq:TBK), today announced that its wholly-owned subsidiary, TBK Bank, SSB (“TBK Bank”) completed its acquisition of 9 branch locations in Colorado from Independent Bank, a subsidiary of Independent Bank Group, Inc. (Nasdaq:IBTX). TBK Bank purchased approximately $99 million in loans and assumed approximately $162 million in deposits associated with the branches for an aggregate deposit CONTINUE READING >>

Riverview Financial Corporation Completes Transaction with CBT Financial Corp.

  • Posted: 10/2/2017
  • Castle Creek
  • No Comments

HARRISBURG, Pa.–(PRNewswire)–Riverview Financial Corporation (“Riverview“) (OTCQX: RIVE) headquartered in Harrisburg, Pennsylvania today announced the completion of its merger with CBT Financial Corp. (“CBT”) (OTC PINK: CBTC), headquartered in Clearfield, Pennsylvania, on October 1, 2017.  The merger will form a community banking franchise with approximately $1.2 billion of assets and will provide enhanced products and services through 33 banking locations covering CONTINUE READING >>