News

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

Poulsbo, Wash. March 30, 2021 – LIBERTY BANK NW Liberty Northwest Bancorp, Inc. (the “Company”), the holding company for Liberty Bank, announced that it has completed a private placement of $5 million in aggregate principal amount of fixed-to-floating rate subordinated notes to certain qualified institutional accredited investors. The Company will use the proceeds for general…

Read More

SAN DIEGO, December. 23, 2020 – BUSINESS WIRE Southern California Bancorp (the “Company”) (OTC Pink: BCAL), the holding company for Bank of Southern California, N.A. (the “Bank”), announces the successful completion of a capital raise of approximately $42 million through the issuance of common stock in a private placement to institutional and accredited individual investors…

Read More

IDAHO FALLS, IDAHO, August. 25, 2020 – MARKET INTELLIGENCE Bank of Idaho Holding Co. (OTCQX: BOID) (the “Company”), the holding company for Bank of Idaho, announced that it has completed a private placement of $10.0 million in aggregate principal amount of fixed-to-floating rate subordinated notes to certain qualified institutional accredited investors. The Company intends to…

Read More

SAN DIEGO, May. 2020 – BUSINESS WIRE Southern California Bancorp (OTC Pink: BCAL) (the “Company”), the holding company for Bank of Southern California, today announced that it has completed a private placement of $18 million in aggregate principal amount of fixed-to-floating rate subordinated notes to certain qualified institutional accredited investors. The Company intends to use…

Read More

SAN DIEGO, December. 16, 2019 – SEND2PRESS NEWSWIRE Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS: BCAL), a community business bank headquartered in San Diego, announced today the successful completion of a capital raise of approximately $12 million through the issuance of common stock in a private placement to institutional and accredited individual…

Read More