News

Enterprise Financial Services Corp to Acquire Seacoast Commerce Banc Holdings

  • Posted: 08/20/2020
  • Jennifer Lian
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ST. LOUIS & SAN DIEGO–(BUSINESS WIRE)–Enterprise Financial Services Corp (Nasdaq: EFSC) (the “Company,” “EFSC,” “Enterprise,” “we,” “us,” or “our”), the holding company of Enterprise Bank & Trust (“EB&T”), and Seacoast Commerce Banc Holdings (OTCPK: SCBH) (“SCBH”), the holding company of Seacoast Commerce Bank (“Seacoast”), announced today that EFSC, EB&T, SCBH and Seacoast have entered into a definitive merger agreement in CONTINUE READING >>

The Bancorp, Inc. Announces Completion of $100 Million Senior Note Offering

  • Posted: 08/13/2020
  • Jennifer Lian
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WILMINGTON, Del.–(BUSINESS WIRE)–The Bancorp, Inc. (the “Company”) (Nasdaq: TBBK), today announced the completion of its previously announced underwritten offering and sale of its $100.0 million aggregate principal amount of 4.75% Senior Notes due 2025 (the “Notes”). The Notes were sold at par, resulting in net proceeds, after underwriting discounts and estimated offering expenses, of approximately $98.3 million. The Company intends CONTINUE READING >>

Guaranty Federal Bancshares, Inc. Announces Completion of $20 Million Subordinated Notes Offering

  • Posted: 07/30/2020
  • Castle Creek
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SPRINGFIELD, Mo.–(GLOBE NEWSWIRE)–Guaranty Federal Bancshares, Inc. (NASDAQ: GFED) (the “Company”), the parent company for Guaranty Bank, today announced the completion of its offering of $20 million in fixed-to-floating rate subordinated notes due 2030 (the “Notes”) to certain qualified institutional buyers and accredited investors in a private placement transaction. The Notes will initially bear interest at a fixed annual rate of CONTINUE READING >>

Central Federal Corporation Officially Changes Name To CF Bankshares Inc.

  • Posted: 07/27/2020
  • Castle Creek
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COLUMBUS, Ohio–(PRNewswire)–Central Federal Corporation (NASDAQ: CFBK) (the “Company”), the parent of CFBank, today announced that it has changed its corporate name and will now be known as CF Bankshares Inc. The Company’s NASDAQ ticker symbol CFBK will remain the same.  The Company made the decision to change its name in order to strengthen the association and alignment with its subsidiary bank, CONTINUE READING >>