Posts Tagged Bank
-
Bryn Mawr Bank Corporation to Acquire Davidson Trust Company, Devon PA
BRYN MAWR, Pa., Feb. 3, 2012 (GLOBE NEWSWIRE) -- Bryn Mawr Bank Corporation (Nasdaq:BMTC) (the "Corporation"), parent of The Bryn Mawr Trust Company (the "Bank"), today announced that it has entered into a definitive agreement to acquire Davidson Trust Company (the "Company") from Boston Private Fin...
-
Malvern Federal Bancorp, Inc. Announces Adoption of Plan of Conversion and Reorganization
PAOLI, Pa., Jan. 17, 2012 (GLOBE NEWSWIRE) -- Malvern Federal Bancorp, Inc. (the "Company") (Nasdaq:MLVF), the "mid-tier" holding company of Malvern Federal Savings Bank (the "Bank"), announced today that the Boards of Directors of the Company, Malvern Federal Mutual Holding Company (the "MHC") and ...
-
Old Line Bancshares, Inc. Increases Quarterly Cash Dividend Thirty Three Percent
BOWIE, Md., Nov. 18, 2011 (GLOBE NEWSWIRE) -- On November 17, 2011, the Board of Directors of Old Line Bancshares, Inc. (Nasdaq:OLBK) declared a fourth quarter cash dividend of .04 per common share, a .01 (33.33%) increase over the third quarter cash dividend of .03 per share. The company will pay t...
-
Northfield Bank Assumes All of the Deposits and Purchases Essentially All of the Assets of First State Bank From the FDIC
AVENEL, N.J., Oct. 14, 2011 (GLOBE NEWSWIRE) -- Northfield Bancorp, Inc. (the "Company") (Nasdaq:NFBK), the parent of Northfield Bank, announced that Northfield Bank has assumed all deposits and purchased essentially all of the assets of First State Bank, Cranford, New Jersey, which was closed today...
-
FNB United Receives Regulatory Approval to Acquire Bank of Granite
ASHEBORO, N.C., Oct. 7, 2011 (GLOBE NEWSWIRE) -- FNB United Corp. (Nasdaq:FNBN), parent company of CommunityONE Bank, N.A., today announced that it has received regulatory approvals for its proposed acquisition of Bank of Granite Corporation (Nasdaq:GRAN), parent company of Bank of Granite. The Fed...
-
Promotions Announced at Washington Banking Company
OAK HARBOR, Wash., Oct. 4, 2011 (GLOBE NEWSWIRE) -- Whidbey Island Bank, the operating subsidiary for Washington Banking Company (Nasdaq:WBCO), today announced that Bryan McDonald will take over as President & Chief Executive Officer of the Bank on January 1, 2012. Jack Wagner will continue in h...
-
Bridge Bancorp, Inc. Names Antonia M. Donohue New Director
BRIDGEHAMPTON, N.Y., Sept. 27, 2011 (GLOBE NEWSWIRE) -- Bridge Bancorp, Inc. (the "Company") (Nasdaq:BDGE), the holding company for The Bridgehampton National Bank (the "Bank"), announced today that its Board of Directors has appointed Antonia M. Donohue, a partner in the law firm of Jaspan Schlesin...
-
STEC to Present at the Deutsche Bank Securities 2011 Technology Conference
SANTA ANA, Calif., Sept. 8, 2011 (GLOBE NEWSWIRE) -- STEC, Inc. (Nasdaq:STEC) announced today that its management team will be presenting at the Deutsche Bank Securities 2011 Technology Conference on Thursday, September 15, 2011 at 8:05 am PT. The conference will be held at The Cosmopolitan Hotel in...
-
TeleNav to Present at the Deutsche Bank Securities Technology Conference
SUNNYVALE, Calif., Sept. 2, 2011 (GLOBE NEWSWIRE) -- TeleNav, Inc. (Nasdaq:TNAV), one of the largest global wireless location-based services providers, today announced that HP Jin, chief executive officer, and Douglas Miller, chief financial officer, will present at the Deutsche Bank Securities Tech...
-
Seacoast Commerce Bank Pays Off TARP and Participates in the Small Business Lending Fund to Support Small Business Lending
CHULA VISTA, Calif., Sept. 2, 2011 (GLOBE NEWSWIRE) -- Seacoast Commerce Bank (OTCBB:SCCB) today announced that it has completely repaid the U.S. Treasury on its .8 million Preferred stock investment into the bank under the Treasury's TARP Capital Purchase Program. Those funds, received in December ...
-
City National’s Literacy Program Donates $10,000 to Children’s Defense Fund-California’s Urban Lights CDF Freedom Schools(R) Program
LOS ANGELES, Sept. 1, 2011 (GLOBE NEWSWIRE) -- City National Bank today announced that through its Reading is The way up® literacy program it has donated ,000 to the Children's Defense Fund-California (CDF-CA) Urban Lights Freedom Schools® program. This donation will provide much needed support fo...
-
Pacific Mercantile Bancorp Completes $11.2 Million Equity Financing, Satisfies Capital Requirement of DFI Order, and Enters Into Agreements to Raise an Additional $27.3 Million of Equity
COSTA MESA, Calif., Aug. 26, 2011 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (Nasdaq:PMBC) announced today that, on August 26, 2011, it completed a private placement in which it sold 112,000 shares of a newly created Series B Convertible 8.4% Preferred Stock (the "Series B Shares"), at a price o...
-
Territorial Bancorp Inc. Completes First Repurchase Program
HONOLULU, Aug. 18, 2011 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc., (Nasdaq:TBNK) (the "Company"), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that the Company has completed its first repurchase program. The Company repurchased 733,988 shar...
-
Western Liberty Bancorp Initiates 5% Share Repurchase Program
LAS VEGAS, Aug. 18, 2011 (GLOBE NEWSWIRE) -- Western Liberty Bancorp, Inc. (Nasdaq:WLBC), the holding company for Service1st Bank of Nevada (Service1st Bank), today announced that the Board of Directors has authorized a stock repurchase program. The program gives management the authority to acquire...
-
FNB United Corp. Announces Full Subscription of $310 Million Common Stock Private Placement
Completion of Capital Raise Fulfills Key Contingency for FNB Acquisition of Bank of Granite Regulatory and Shareholder Approvals Represent Next Steps in the Merger Process ASHEBORO, N.C., Aug. 2, 2011 (GLOBE NEWSWIRE) -- FNB United Corp. (Nasdaq:FNBN), parent company of CommunityONE Bank, N.A....
