June 30, 2017
On June 30, 2017, Esquire Financial Holdings, Inc., Jericho, New York (“Esquire Financial”), the holding company for Esquire Bank, National Association, completed an initial public offering through a firm commitment underwritten sale of 2.4 million shares of common stock at a price of $14.00 per share.
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June 13, 2017
On June 13, 2017, Wolverine Bancorp, Inc. (“Wolverine”), Midland, Michigan, and Horizon Bancorp (“Horizon”), Michigan City, Indiana, entered into an agreement pursuant to which Wolverine will merge with and into Horizon, with Horizon as the resulting entity.
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June 13, 2017
On June 13, 2017, Dime Community Bancshares, Inc., Brooklyn, New York, the holding company for Dime Community Bank, completed an underwritten public offering of $115.0 million principal amount of fixed-to-floating rate subordinated notes due 2027 (the “Notes”).
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June 5, 2017
On June 5, 2017, Chelten Hills Savings Bank (“Chelten Hills”), Abington, Pennsylvania, and Penn Community Bank (“Penn Community”), Doylestown, Pennsylvania, announced that Chelten Hills will merge with and into Penn Community, with Penn Community as the resulting institution.
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June 5, 2017
On July 12, 2016, Marlborough Savings Bank (“Marlborough”), Marlborough, Massachusetts, and North Middlesex Savings Bank, (“North Middlesex”), Ayer, Massachusetts jointly announced that North Middlesex will merge with and into Marlborough.
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