On February 5, 2020, Dime Community Bancshares, Inc. (“Dime”) completed an underwritten public offering of $75.0 million of its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A, par value $0.01 per share, with a liquidation preference of $25.00 per share. Dime raised approximately $72.2 million in the offering, net of underwriting discounts and expenses. Luse… Read more »

On January 22, 2020, CF Mutual Holding Company, Cincinnati, Ohio, completed its conversion from the mutual holding company to the stock holding company form of organization and Cincinnati Bancorp, Inc., the new stock holding company for Cincinnati Federal, sold $15.5 million of common stock in a public offering. Cincinnati Federal operates through offices in Cincinnati… Read more »

Luse Gorman served as Legal Counsel to FFBW, Inc. in its Conversion and Stock Offering   On January 16, 2020, FFBW, Inc., Waukesha, Wisconsin, the holding company for First Federal Bank of Wisconsin, completed its conversion from the mutual holding company to the stock holding company form of organization and related stock offering, whereby FFBW,… Read more »

Luse Gorman is Legal Counsel to Bogota Savings Bank in its MHC Reorganization and $56.6 Million Stock Offering On January 15, 2020, Bogota Savings Bank, Teaneck, New Jersey, completed its reorganization from a mutual savings bank to the mutual holding company form of organization. Concurrently with the reorganization, Bogota Financial Corp., the newly formed holding… Read more »

On January 14, 2020, Bristol County Savings Bank, Taunton, Massachusetts, entered into a definitive agreement to acquire Freedom National Bank, Greenville, Rhode Island, pursuant to which Freedom National Bank will be merged with and into Bristol County Savings Bank. Luse Gorman is serving as legal counsel to Bristol County Savings Bank in the transaction. The… Read more »