News

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 >>

Carlile Bancshares Completes $328 Capital Raise

  • Posted: 09/28/2010
  • Castle Creek
  • No Comments

FORT WORTH, Texas–(PRNewswire)–Carlile Bancshares, Inc., Fort Worth, Texas, announced today that it has completed the capital raise of $328 million to acquire either failed banks through its previously granted shelf charter, Carlile Bank, National Association, or through open bank transactions. On September 15, 2010, Carlile Bank, National Association received a clearance to bid letter from the FDIC allowing it to CONTINUE READING >>

Heritage Commerce Corp Completes $75 Million Private Placement

  • Posted: 07/21/2010
  • Castle Creek
  • No Comments

SAN JOSE, Calif.–(GLOBE NEWSWIRE)–Heritage Commerce Corp (Nasdaq:HTBK) (the “Company”), the holding company of Heritage Bank of Commerce (the “Bank”), today announced the closing of a private placement totaling $75 million of convertible preferred stock. The proceeds from the capital raise will be used for general corporate purposes, including supporting the capital needs of the Bank. The Company issued 53,996 shares CONTINUE READING >>