Press Releases
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9/20/2019
Midland States Bancorp, Inc. (NASDAQ: MSBI; Effingham, IL) Closes Private Placement of $72.75 Million of 5.00% Subordinated Notes due 2029 and $27.25 Million of 5.50% Subordinated Notes due 2034
9/17/2019
AVANA Capital Closes Offering of $65.0 Million of Senior Secured Notes due 2024
9/12/2019
F&M Financial Corporation (Private; Clarksville, TN) Completes Private Placement of $50.0 Million of Subordinated Notes due 2029
9/11/2019
Pinnacle Financial Partners, Inc. (NASDAQ: PNFP; Nashville, TN) Completes Offering of $300.0 Million of Subordinated Notes due 2029
9/9/2019
United Community Financial Corp. (NASDAQ: UCFC; Youngstown, OH) has agreed to merge with First Defiance Financial Corp. (NASDAQ: FDEF; Defiance, OH)
9/9/2019
Jonathan Kaufman Joins Sandler O’Neill as Managing Director
Sandler O’Neill announced that Jonathan Kaufman has joined the firm as a Managing Director in the Investment Banking Group. Mr. Kaufman will provide financial and strategic advisory services to financial technology companies and he will be based in the firm’s San Francisco office.
9/9/2019
Northpointe Bancshares, Inc. (Private; Grand Rapids, MI) Completes Private Placement of $20.0 Million of Subordinated Notes due 2029
8/29/2019
DSA Financial Corporation (OTC Pink: DSFN; Lawrenceburg, IN) has agreed to merge with FCN Banc Corp. (OTC Pink: FBVI; Brookville, IN)
8/28/2019
First Midwest Bancorp, Inc. (NASDAQ: FMBI; Chicago, IL) has agreed to acquire Bankmanagers Corp. (Private; Milwaukee, WI), parent company of Park Bank
8/16/2019
Bancorp of New Jersey, Inc. (NYSEAM: BKJ; Fort Lee, NJ) has agreed to merge with ConnectOne Bancorp, Inc. (NASDAQ: CNOB; Englewood Cliffs, NJ)
8/15/2019
Grant Bancshares, Inc. (Private; Natchitoches, LA) Closes Private Placement of $16.5 Million of 5.625% Subordinated Notes due 2029
8/14/2019
HarborOne Bancorp, Inc. (Nasdaq: HONE; Brockton, MA), the holding company for HarborOne Bank, announced the completion of its second-step conversion from the mutual holding company form of organization to the stock holding company form of organization
8/13/2019
Ann Arbor Bancorp, Inc. (Private; Ann Arbor, MI) has agreed to merge with Level One Bancorp, Inc. (NASDAQ: LEVL; Farmington Hills, MI)
8/13/2019
Peoples Bankshares, Incorporated (OTC Pink: PBVA; Montross, VA) has agreed to merge with C&F Financial Corporation (NASDAQ: CFFI; Toano, VA)
8/9/2019
Country Bank Holding Company, Inc. (OTC Pink: CYHC; New York, NY) has agreed to merge with OceanFirst Financial Corp. (NASDAQ: OCFC; Toms River, NJ)
7/29/2019
First Long Island Investors Has Sold a Minority Stake to Kudu Investment Management
7/29/2019
Sierra, MCC and MDLY Amend Merger Agreements Which Would Create Leading Internally Managed BDC with Enhanced Scale, Diversified Credit Investment Platform and $4.7 Billion In Assets Under Management
7/25/2019
SBC, Incorporated (Private; Countryside, IL), parent company of Countryside Bank, has agreed to merge with Wintrust Financial Corporation (NASDAQ: WTFC; Rosemont, IL)
7/23/2019
WinFirst Bank (Private; Winchester, KY) has agreed to merge with First South Financial Credit Union (Private; Bartlett, TN)
7/22/2019
Ready Capital Corporation (NYSE: RC; New York, NY) Closes Offering of $57.5 Million of Senior Unsecured Notes due 2026
7/17/2019
Pioneer Bancorp, Inc. (Nasdaq: PBFS; Albany, NY), the holding company for Pioneer Bank, announced the completion of its minority (MHC) stock offering
7/15/2019
Carolina Financial Corporation (NASDAQ: CARO; Charleston, SC) has agreed to acquire Carolina Trust Corporation (NASDAQ: CART; Lincolnton, NC)
7/15/2019
United Financial Bancorp, Inc. (NASDAQ: UBNK; Hartford, CT) has agreed to merge with People's United Financial, Inc. (NASDAQ: PBCT; Bridgeport, CT)
7/12/2019
Aflac Incorporated (NYSE: AFL) has announced the acquisition of Argus Holdings, LLC
7/2/2019
Frederick County Bancorp, Inc. (OTC Pink: FCBI; Frederick, MD) has agreed to merge with ACNB Corporation (NASDAQ: ACNB; Gettysburg, PA)
7/2/2019
Central Financial Holdings, Inc. (Private; Tampa, FL) Closes offering of $5.0 Million of 7.00% Senior Unsecured Notes due 2024
6/28/2019
Private Bancorp of America, Inc. (OTCQX: PBAM; La Jolla, CA) Closes Private Placement of $10.0 Million of Common Stock
6/26/2019
Cadence Bancorporation (NYSE: CADE; Houston, TX) Closes offering of $85 Million of 4.750% Subordinated Notes due 2029
6/25/2019
German American Bancorp, Inc. (NASDAQ: GABC; Jasper, IN) Closes Private Placement of $40.0 Million of Subordinated Notes due 2029
6/20/2019
Central Bancshares, Inc. (Private; Houston, TX) Closes Private Placement of $17.5 Million of 5.750% Subordinated Notes due 2029
6/18/2019
CoastalSouth Bancshares, Inc. (OTCQX: COSO; Hilton Head Island, SC) Closes $20.0 Million Offering of Common Stock
6/14/2019
Consumers Bancorp, Inc. (OTCQX: CBKM; Minerva, OH) and Peoples Bancorp of Mt. Pleasant, Inc. (Private: Mt. Pleasant, OH) to Merge
6/7/2019
Stewardship Financial Corporation (NASDAQ: SSFN; Midland Park, NJ) has agreed to merge with Columbia Financial, Inc. (MHC) (NASDAQ: CLBK; Fair Lawn, NJ)
6/3/2019
Texas State Bankshares, Inc. (Private; Harlingen, TX) Closes Private Placement of $35.0 Million of 5.750% Subordinated Notes due 2029
6/3/2019
Northpointe Bancshares, Inc. (Private; Grand Rapids, MI) Closes Private Placement of $25.0 Million of Common Equity
5/28/2019
Lighthouse Bank (OTC Pink: LGHT; Santa Cruz, CA) has agreed to merge with Santa Cruz County Bank (OTC Pink: SCZC; Santa Cruz, CA)
5/20/2019
First Southwest Corporation (Private; McComb, MS) Closes Private Placement of $10 Million of 6.350% Subordinated Notes due 2029
5/17/2019
Miami International Holdings, Inc. (Private; Princeton, NJ) Partners with Leading Equities Firms to Launch Cash Equities Exchange
5/16/2019
Presidio Bank (OTC PINK: PDOB; San Francisco, CA) has agreed to merge with Heritage Commerce Corp (NASDAQ: HTBK; San Jose, CA)
5/15/2019
Tectonic Financial, Inc. (NASDAQ: TECTP; Dallas, TX) Closes $15.0 Million Initial Public Offering of Non-Cumulative Perpetual Preferred Stock
5/15/2019
Continental National Bank (Private; Miami, FL) Has Agreed to Merge with First American Bank (Private; Elk Grove, IL)
5/14/2019
Virginia Community Bankshares, Inc. (OTC Pink: VCBS; Louisa, VA) has agreed to merge with Blue Ridge Bankshares, Inc. (OTC Pink: BRBS; Luray, VA)
5/14/2019
United Bancorp, Inc. (NASDAQ: UBCP; Martins Ferry, OH) Closes Private Placement Offering of $20 Million of 6.00% Subordinated Notes due 2029
5/14/2019
South Plains Financial, Inc. (NASDAQ: SPFI; Lubbock, TX) Closes $59.2 Million Initial Public Offering of Common Stock
5/9/2019
Employers Mutual Casualty Company has agreed to acquire all of the outstanding shares of EMC Insurance Group Inc. that it does not currently own for $36.00 per share in cash
5/7/2019
Sound Bank (Private; Morehead City, North Carolina) Completes $100 Million Recapitalization
5/6/2019
Cowen Inc. (NASDAQ: COWN; New York, NY) Closes Private Placement of $53.0 Million of Senior Notes due 2024
5/6/2019
BAC Florida Bank (Private; Coral Gables, FL) has Agreed to Merge with Banco Bradesco S.A. (BSP: BBDC4, NYSE: BBD; Sao Paulo, BR)
5/6/2019
Gateway First Bank (Private; Jenks, OK) Closes Offering of $40.0 Million of Common Stock
4/30/2019
MidSouth Bancorp, Inc. (NYSE: MSL; Lafayette, LA) has agreed to merge with Hancock Whitney Corporation (NASDAQ: HWC; Gulfport, MS)
4/25/2019
Private Bancorp of America, Inc. (OTCQX: PBAM; La Jolla, CA) Closes Private Placement of $18.0 Million of Subordinated Notes due 2029
4/24/2019
Dominion Bancshares (Private; Dallas, Texas) Closes Offering of Over $40 Million of Common Stock
4/24/2019
Entegra Financial Corp. (NASDAQ: ENFC; Franklin, N.C.) has agreed to merge with First Citizens BancShares, Inc. (NASDAQ: FCNC.A; Raleigh, N.C.)
4/18/2019
Sotherly Hotels Inc. (NASDAQ: SOHO; Williamsburg, VA) Closes $27.0 Million Preferred Stock Offering
4/15/2019
Admirals Bancorp, Inc. Announces Successful Completion of $26.5 Million Recapitalization
4/10/2019
The Carlyle Group & Co-Investors Announce Sale of Athena Art Finance Corp. to YieldStreet
4/9/2019
Tradeweb Markets, Inc. (NASDAQ: TW: New York, NY) Closes $1.2 Billion Initial Public Offering of Common Stock
4/4/2019
CBX Corporation (Private; Carrollton, IL) Closes Private Placement of $18.0 Million of Subordinated Notes due 2029
3/28/2019
Merchants Bancorp (NASDAQ: MBIN; Carmel, IN) Closes Offering of $50.0 Million of Non-Cumulative Perpetual Preferred Stock
3/26/2019
Medallion Financial Corp. (NASDAQ: MFIN; New York, NY) Closes Private Placement of $30.0 Million of Senior Notes due 2024
3/25/2019
Webster Financial Corporation (NYSE: WBS; Waterbury, CT) Closes Offering of $300 Million of 4.10% Senior Notes due 2029
3/22/2019
Arbor Realty Trust, Inc. (NYSE: ABR; Uniondale, NY) Closes Private Placement of $90.0 Million of Senior Unsecured Notes due 2024
3/19/2019
Grand Bank, National Association (Private; Hamilton Square, NJ) has agreed to merge with First Bank (NASDAQ: FRBA; Hamilton, NJ)
3/15/2019
Independent Bank Corp. (NASDAQ: INDB, Rockland, MA) Closes Offering of $50.0 Million of 4.75% Subordinated Notes due 2029
3/15/2019
McGraw Hill Federal Credit Union has agreed to merge with Pentagon Federal Credit Union
3/13/2019
Oaktree Capital Management to sell 62% stake to Brookfield Asset Management
2/26/2019
1347 Property Insurance Holdings Announces the Sale of its Homeowners’ Insurance Operations to FedNat Holding Company
2/21/2019
Relation Insurance Services Enters into Agreement to be Acquired by Aquiline Capital Partners
2/21/2019
German American Bancorp, Inc. (NASDAQ: GABC; Jasper, IN) has agreed to acquire Citizens First Corporation (NASDAQ: CZFC; Bowling Green, KY)
2/14/2019
Green Square Wealth Management Partners with HighTower
2/14/2019
F.N.B. Corporation (NYSE: FNB, Pittsburgh, PA) Closes Offering of $120.0 Million of 4.950% Subordinated Notes due 2029
2/12/2019
Pedcor Bancorp (Private; Carmel, IN) Closes Private Placement of $8.0 Million of Subordinated Notes due 2029
2/12/2019
U.S. Risk Insurance Group Enters into Agreement to be Acquired by USI Insurance Services
2/11/2019
American Trust & Savings Bank Agrees to Sell American Trust Retirement to First Mercantile Trust, a Subsidiary of EdgeCo Holdings
2/6/2019
OTC Markets Group Inc. (OTCQX: OTCM; New York, NY) has acquired Qaravan Inc. (Private; Chevy Chase, MD)
2/1/2019
Aquesta Financial Holdings, Inc. (OTC Pink: AQFH) Announces Private Placement of $15.2 Million of Equity Capital
1/31/2019
Lewis & Clark Bank (OTC Pink: LWCL; Oregon City, OR) has agreed to acquire Clatsop Community Bank (OTC Pink: CLAT; Seaside, OR)
1/23/2019
Bank First National Corporation (NASDAQ: BFC; Manitowoc, WI) has agreed to acquire Partnership Community Bancshares, Inc. (Private; Cedarburg, WI)
1/18/2019
Centurion American Development Group, LLC Closes Private Placement of $31.9 Million Senior Secured Notes due 2024
1/16/2019
Rhinebeck Bancorp, Inc. (Nasdaq: RBKB; Poughkeepsie, NY), the holding company for Rhinebeck Bank, announced the completion of its minority (MHC) stock offering
1/16/2019
FNB Bancorp (Private; Layton, UT) has agreed to merge with Glacier Bancorp, Inc. (NASDAQ: GBCI; Kalispell, MT)
1/15/2019
Heartland Financial USA, Inc. Announces Sale of Consumer Finance Subsidiary Citizens Finance
1/7/2019
HopFed Bancorp, Inc. (NASDAQ: HFBC; Hopkinsville, KY) has agreed to merge with First Financial Corporation (NASDAQ: THFF; Terre Haute, IN)
1/4/2019
Safety National Casualty Corporation Acquires Midlands Management Corporation