The SEC recently finalized a rule, effective September 10, 2018, that expands the definition of “smaller reporting company” (“SRC”) to include registrants with (i) a public float of less than $250 million, or (ii) annual revenues of less than $100 million for the previous year and either no public float or a public float of… Read more »
Posts By: tames
2018 Bank Leadership and Profitability Improvement Conference Washington, D.C.
Luse Gorman is proud to co-host the 2018 Bank Leadership and Profitability Improvement Conference on August 23-24 at the Ritz-Carlton, Washington, D.C. Our Co-Hosts are Crowe and KBW/Stifel Financial. This is a unique event with roundtable sessions (CEOs, CFOs and Directors) and many topical presentations. The event will also include the opportunity to attend a… Read more »
Luse Gorman Serves as Legal Counsel to Poage Bankshares, Inc. in its Proposed Merger with City Holding Company
On July 11, 2018, Poage Bankshares, Inc. (“Poage”), Ashland, Kentucky, and City Holding Company (“City”), Charleston, West Virginia, entered into a definitive merger agreement pursuant to which Poage will merge with and into City, with City as the resulting company, for total merger consideration valued at approximately $93.5 million at announcement. Poage shareholders will receive… Read more »
Luse Gorman Serves as Legal Counsel to MW Bancorp, Inc. in its Proposed Merger with Forcht Bancorp, Inc.
On June 26, 2018, MW Bancorp, Inc. (“MW”), Cincinnati, Ohio, and Forcht Bancorp, Inc. (“Forcht”), Corbin, Kentucky, entered into a definitive merger agreement pursuant to which MW will merge with and into Forcht, with Forcht as the resulting company, for total merger consideration valued at approximately $28.0 million. MW shareholders will receive $30.00 per share… Read more »
Luse Gorman Serves as Legal Counsel to Athens Bancshares Corporation in its Proposed Merger with CapStar Financial Holdings, Inc.
On June 11, 2018, Athens Bancshares Corporation (“Athens”), Athens, Tennessee, and CapStar Financial Holdings, Inc. (“CapStar”), Nashville, Tennessee, entered into a definitive merger agreement pursuant to which Athens will merge with and into CapStar, with CapStar as the resulting company, for total merger consideration valued at approximately $113.5 million at announcement. Athens shareholders will receive… Read more »