M&A Transaction

ALAMOGORDO, NEW MEXICO, June. 29, 2021 – EIN PRESSWIRE Bancorp 34, Inc. (OTCQB: BCTF), the parent company of Bank 34 (together, the “Company”), today announced the completion of a private placement (the “Offering”) of $25.0 million of fixed-to-floating rate subordinated notes (the “Notes”). The Notes will initially bear interest at 4.00% per annum for five…

Read More

PHOENIX, June. 11, 2021 – GLOBE NEWS WIRE RBAZ Bancorp, Inc. (OTCPK: RBAZ) (the “Company”), the holding company for Republic Bank of Arizona (the “Bank”), announced that it has completed a private placement of $6.0 million in aggregate principal amount of fixed-to-floating rate subordinated notes to certain institutional accredited investors. The Company will use the…

Read More

LOS ANGELES, May. 12, 2021 – BUSINESS WIRE Dion Lisle of advisory firm FACERE25 is partnering with Michael Cavallaro and Carlton Jenkins of investment banking firm MJC Partners to launch Forty Grand whose singular mission is to drive value for community banks by delivering Fintech focused digital innovation. The three founding partners each bring a…

Read More

SAN DIEGO & SANTA CLARITA, April. 27, 2021 – BUSINESS WIRE Southern California Bancorp (OTC Pink: BCAL), the holding company for Bank of Southern California, N.A. (the “Bank”), and Bank of Santa Clarita (OTC: BSCA) jointly announce the signing of a definitive merger agreement pursuant to which Southern California Bancorp will acquire Bank of Santa…

Read More

SAN DIEGO, Feb. 22, 2018 – PRNEWSWIRE Bank of Southern California, N.A., San Diego, CA (OTC Pink: BCAL), and Americas United Bank, Glendale, CA (OTC Pink: AUNB), today announced the signing of a definitive agreement and plan of merger (the “Agreement”) whereby Americas United Bank will merge with and into Bank of Southern California. The…

Read More

SAN JOSE, Calif., April 09, 2018 – GLOBENEWSWIRE Heritage Commerce Corp (NASDAQ:HTBK) (“Heritage”) today announced that today it completed its previously announced merger of its wholly-owned bank subsidiary Heritage Bank of Commerce with Tri-Valley Bank (“Tri-Valley”) effective as of the close of business on April 6, 2018. The merger, which was first announced on December…

Read More

EL CENTRO, Calif. – BUSINESSWIRE Community Valley Bank (“CVB”), a wholly owned subsidiary bank of CMUV Bancorp (OTC Pink: CMUV) (the “Company”), today announced the signing of a purchase and assumption agreement to acquire a branch location from Roseburg, Oregon based Umpqua Bank (“Umpqua”). The branch location in Borrego Springs, CA with approximately $35 million…

Read More

LOS ANGELES – BUSINESSWIRE Nano Financial Holdings, Inc. (“Nano” or the “Company”) and Commerce Bank of Temecula Valley (“CKTM”) today announced the signing of a definitive agreement and plan of merger (the “Agreement”) whereby Nano will acquire all the outstanding shares of CKTM. Under the terms of the agreement, CKTM shareholders will have the right…

Read More

IRVINE, Calif. & LOS ANGELES – BUSINESSWIRE First Foundation Inc. (NASDAQ: FFWM) (“First Foundation”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, and PBB Bancorp (OTCQX: PBCA) today announced the signing of a definitive merger agreement under which First Foundation will acquire PBB Bancorp. The transaction, which…

Read More