On December 11, 2017, Union Savings and Loan Association (“Union”), New Orleans, Louisiana, and Hibernia Bancorp, Inc. (“Hibernia Bancorp”), New Orleans, Louisiana, entered into a definitive merger agreement pursuant to which Union will acquire Hibernia Bancorp and its wholly-owned subsidiary, Hibernia Bank, with Union as the resulting institution.
Read More...On December 12, 2017, Peapack-Gladstone Financial Corporation, Bedminster, New Jersey, the holding company for Peapack-Gladstone Bank, completed an underwritten public offering of $35.0 million principal amount of fixed-to-floating rate subordinated notes due 2027.
Read More...On November 16, 2017, CB Financial Services, Inc. (“CB”), Carmichaels, Pennsylvania, and First West Virginia Bancorp, Inc. (“First West Virginia”), Wheeling, West Virginia, entered into a definitive merger agreement pursuant to which First West Virginia will merge with and into CB, with CB as the resulting company, for total merger consideration of approximately $49.0 million.
Read More...On November 10, 2017, Metropolitan Bank Holding Corp., New York, New York (“MBHC”), the parent bank holding company for Metropolitan Commercial Bank, completed an initial public offering through a firm commitment underwritten sale of 3.565 million shares of common stock at a price of $35.00 per share, which included the underwriter’s overallotment option. MBHC’s stock began trading on the New York Stock Exchange on November 8, 2017 under the symbol “MCB.”
Read More...On November 1, 2017, Kearny Financial Corp. (“Kearny”), Fairfield, New Jersey, and Clifton Bancorp Inc. (“Clifton”), Clifton, New Jersey, entered into a definitive merger agreement pursuant to which Clifton will merge with and into Kearny in an all-stock transaction, with Kearny as the resulting company, for total merger consideration of approximately $408.0 million.
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