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Transactions

Luse Gorman Serves as Legal Counsel In Connection With Esquire Financial Holdings, Inc. IPO

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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Luse Gorman Serves as Legal Counsel to Wolverine Bancorp, Inc., Midland Michigan, in its Proposed Merger with Horizon Bancorp, Michigan City, Indiana

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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Luse Gorman Serves as Legal Counsel to Dime Community Bancshares in its Offering of $115.0 Million of Subordinated Debt Securities

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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Luse Gorman Serves as Legal Counsel to Chelten Hills Savings Bank in its Proposed Merger with Penn Community Bank

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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Luse Gorman Serves as Legal Counsel to Marlborough Savings Bank in its Proposed Merger with North Middlesex Savings Bank

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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Practice Areas

Mergers and Acquisitions
Capital Markets and Corporate Finance
Public Company Reporting and Shareholder Relations
Executive Compensation, Employee Benefits and Taxation
Corporate Governance
Bank Regulatory and Enforcement Services
De Novo Banks and Bank Charter Conversions

Luse Gorman, PC
5335 Wisconsin Avenue, NW, Suite 780
Washington, D.C. 20015

(202) 274-2000