News

Carlile Bancshares Completes Acquisition of Two Austin Banks

  • Posted: 03/2/2011
  • Castle Creek
  • No Comments

AUSTIN, Texas–(PRNewswire)–Carlile Bancshares, Inc. of Fort Worth finalized the acquisitions of Treaty Oak Bank of Austin and Community State Bank of Austin on February 10, 2011.  The banks will be merged during the second quarter of 2011 under the name Treaty Oak Bank.  The combined bank will have approximately $140 million in assets and $18 million in capital. Ronald W. CONTINUE READING >>

BankFIRST Ranked “#1 Small Business Lender in Florida” for Second Consecutive Year

  • Posted: 02/22/2011
  • Castle Creek
  • No Comments

Donald J. McGowan, President and CEO of BankFIRST announced today that the bank has retained its standing as the “#1 Small Business Lender in Florida.” This marks the second consecutive year that BankFIRST has secured the top position, as ranked by the Office of Advocacy of the U.S. Small Business Administration from call reports of all Florida financial institutions in CONTINUE READING >>

Castle Creek Capital Partners IV, L.P. Closes in Excess of $330 Million to Invest in U.S.-Based Community Banks

  • Posted: 02/8/2011
  • Castle Creek
  • No Comments

RANCHO SANTA FE, Calif.–(PRNewswire)–Castle Creek is pleased to announce the final closing of its fourth fund, Castle Creek Capital Partners IV, L.P. (“Fund IV”), with $331 million in capital commitments.  The capital was raised from a diverse group of institutional investors, including public and private pension funds, prominent fund of funds and financial institutions, with Thomas Capital Group serving as CONTINUE READING >>

BankFIRST Announces Signing of Definitive Agreement to Acquire East Coast Community Bank

  • Posted: 01/5/2011
  • Castle Creek
  • No Comments

WINTER PARK, Fla.–(PRNewswire)–The BANKshares, Inc. and BankFIRST (collectively “BankFIRST”) today announced the signing of a definitive agreement and plan of merger to acquire all of the outstanding common stock of The Commercial Bancorp, Inc.  The Commercial Bancorp, Inc. is the $90 million-asset bank holding company of East Coast Community Bank (collectively “East Coast”), headquartered in Ormond Beach, Florida. The definitive CONTINUE READING >>