On July 27, 2017, First Citizens Community Bank, Mansfield, Pennsylvania (“First Citizens”), the wholly-owned subsidiary of Citizens Financial Services, Inc. (“Citizens”), entered into an agreement pursuant to which it will acquire the State College, Pennsylvania branch of S&T Bank, Indiana, Pennsylvania, the wholly-owned subsidiary of S&T Bancorp, Inc. (“S&T Bancorp”). Luse Gorman served as legal… Read more »
Posts By: tames
Luse Gorman Serves as Legal Counsel to First Savings Financial Group, Inc., in its Proposed Acquisition of The First National Bank of Odon
On July 21, 2017, First Savings Financial Group, Inc. (“FSFG”), Clarksville, Indiana, and The First National Bank of Odon (“Odon”), Odon, Indiana, entered into an agreement pursuant to which FSFG will acquire Odon in an all-cash transaction through the merger of Odon with and into First Savings Bank, the wholly-owned subsidiary of FSFG, with First… Read more »
Luse Gorman Serves as Legal Counsel In Connection With Esquire Financial Holdings, Inc. IPO
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. Esquire Financial sold 1.8 million shares of common stock… Read more »
Luse Gorman Serves as Legal Counsel to Wolverine Bancorp, Inc., Midland Michigan, in its Proposed Merger with Horizon Bancorp, Michigan City, Indiana
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. The combined organization will have total assets of approximately $3.6 billion. Upon completion of the merger, Wolverine Bank,… Read more »
Luse Gorman Serves as Legal Counsel to Dime Community Bancshares in its Offering of $115.0 Million of Subordinated Debt Securities
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”). Dime Community Bancshares plans to use the proceeds from the offering to redeem its outstanding trust preferred securities… Read more »