Banks

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ServisFirst Bancshares reaches agreement to acquire Metro Bancshares, Inc

Monday, 20 Oct 2014 04:00pm EDT

ServisFirst Bancshares Inc:Signs definitive agreement and plan of merger with Metro Bancshares Inc.Proposed merger of Metro Bancshares, Inc. with and into ServisFirst has been approved by the boards of directors of each company and is expected to close in the first quarter of 2015.Under the terms of the Agreement, ServisFirst would issue about 636,720 shares of its common stock and pay about $22,825,000 in cash.

MainSource Financial Group completes its acquisition of MBT Bancorp

Sunday, 19 Oct 2014 08:00pm EDT

MainSource Financial Group Inc:Finalises its purchase of the common stock of MBT Bancorp in a cash and stock transaction valued at about $35.4 mln.Merchants successfully merged into MainSource Bank at the close of business on Oct. 17.

Howard Bancorp's Howard Bank assumes all deposits and purchases certain assets of Rising Sun, MD based NBRS Financial Bank

Friday, 17 Oct 2014 06:13pm EDT

Howard Bancorp's Howard Bank:Enters into an agreement with the Federal Deposit Insurance Corporation (FDIC) to assume all of the deposits and purchase certain loans and other assets of NBRS Financial Bank (NBRS).NBRS operates two branches in Harford County, Maryland in Aberdeen, and Dublin, two in Cecil County in Elkton and Rising Sun and one branch in Lancaster County Pennsylvania in Peach Bottom.All NBRS branches will reopen Saturday morning Oct. 18 during their normal business hours as branches of Howard Bank.With this transaction Howard Bank will now operate 13 branch offices, two regional offices and two mortgage centers in five Maryland counties and two states.

China Minsheng Banking to acquire land

Wednesday, 15 Oct 2014 08:00pm EDT

China Minsheng Banking Corp Ltd:To acquire a land measured 37,427.47 square meters in Zhengzhou.Transaction price not disclosed.

Southside and OmniAmerican announces shareholder approval of merger proposals

Wednesday, 15 Oct 2014 07:30am EDT

Southside Bancshares Inc and OmniAmerican Bancorp Inc:Approves the issuance of shares of Southside common stock to stockholders of OmniAmerican Bancorp, Inc in connection with the proposed merger of Omega Merger Sub, Inc., a subsidiary of Southside, with and into OmniAmerican (first Merger).Subsequent to the first merger, OmniAmerican will merge with and into Southside, with Southside as the surviving corporation.Combined entity will operate under the names of Southside Bancshares, Inc. and Southside Bank.Following the merger, the combined company will have about $5 bln in assets and will be the ninth-largest bank headquartered in Texas, by deposits.

Southside and OmniAmerican announces shareholder approval of merger proposals

Wednesday, 15 Oct 2014 07:30am EDT

Southside Bancshares Inc and OmniAmerican Bancorp Inc:Approves the issuance of shares of Southside common stock to stockholders of OmniAmerican Bancorp, Inc in connection with the proposed merger of Omega Merger Sub, Inc., a subsidiary of Southside, with and into OmniAmerican (first Merger).Subsequent to the first merger, OmniAmerican will merge with and into Southside, with Southside as the surviving corporation.Combined entity will operate under the names of Southside Bancshares, Inc. and Southside Bank.Following the merger, the combined company will have about $5 bln in assets and will be the ninth-largest bank headquartered in Texas, by deposits.

JB Financial Group acquires stake in Kwangju Bank

Wednesday, 15 Oct 2014 02:12am EDT

Kwangju Bank:JB Financial Group's stake in Kwangju Bank was increased to 56.97 pct (9,235,500 shares) up from 0 pct.

JB Financial Group acquires stake in Kwangju Bank

Wednesday, 15 Oct 2014 02:12am EDT

Kwangju Bank:JB Financial Group's stake in Kwangju Bank was increased to 56.97 pct (9,235,500 shares) up from 0 pct.

BS Financial Group acquires stake in Kyongnam Bank

Wednesday, 15 Oct 2014 02:07am EDT

Kyongnam Bank:BS Financial Group's stake in Kyongnam Bank was increased to 56.97 pct (44,677,529 shares) up from 0 pct.

BS Financial Group acquires stake in Kyongnam Bank

Wednesday, 15 Oct 2014 02:07am EDT

Kyongnam Bank:BS Financial Group's stake in Kyongnam Bank was increased to 56.97 pct (44,677,529 shares) up from 0 pct.

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