SANDPOINT, Idaho–(GLOBE NEWSWIRE)–Intermountain Community Bancorp (OTCBB:IMCB) today announced that the Company will implement effective as of the close of business on October 5, 2012, a 1-for-10 reverse stock split of Intermountain’s common stock (both voting and nonvoting) that was approved by the shareholders at the Company’s Annual Meeting on May 17, 2012. As fixed by the Board of Directors, shareholders CONTINUE READING >>
Copyright © 2012, Washington Business Journal By Bryant Ruiz Switzky WashingtonFirst Bankshares Inc. has raised $25 million in a private offering and plans to file initial public offering papers with federal regulators Aug. 10 in preparation for its purchase of Alliance Bankshares Inc. Unlike last year’s deal between Chantilly-based Alliance and Bethesda-based Eagle Bancorp Inc., where the banks walked away CONTINUE READING >>
Guaranty Bank and Trust Announces the Completion of Asset Purchase Agreement with Private Capital Management, Inc.
DENVER, CO–(Marketwired)–Guaranty Bank and Trust Company, a Colorado-based community bank and wholly-owned subsidiary of Guaranty Bancorp (GBNK), today announced that it has completed the previously announced asset purchase agreement with privately held Private Capital Management, Inc. Private Capital Management is now a division of Guaranty Bank and Trust’s Wealth Management Group. Founded by industry veteran, Thomas E. Meade, Private Capital CONTINUE READING >>
Effective July 19, 2012, the Federal Reserve Bank (FRB) of San Francisco terminated its Written Agreement with the Company, which was issued on March 4, 2010. This followed the Federal Deposit Insurance Corporation (FDIC) and California Department of Financial Institutions (DFI) termination of the Bank’s Consent Order on April 16, 2012. Follow this link to read the press release