March 4, 2021
On March 3, 2021, Severn Bancorp, Inc., Annapolis, Maryland, announced the signing of a definitive merger agreement with Shore Bancshares, Inc., Easton, Maryland, pursuant to which Severn Bancorp, Inc. will merge with and into Shore Bancshares, Inc. The stock and cash transaction is valued at approximately $146 million. The transaction will create the third largest bank headquartered in Maryland, with total assets of approximately $2.9 billion.
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March 2, 2021
On February 28, 2021, Bogota Savings Bank, Teaneck, New Jersey, completed its merger with Gibraltar Bank, Parsippany, New Jersey.
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February 2, 2021
On February 1, 2021, Bridge Bancorp, Inc. ("Bridge"), Hauppauge, New York, the holding company for BNB Bank, successfully completed its merger of equals with Dime Community Bancshares, Inc. ("Dime"), Brooklyn, New York, the holding company for Dime Community Bank.
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January 25, 2021
On January 12, 2021, Generations Bancorp NY, Inc., Seneca Falls, New York, completed its conversion from the mutual holding company to the stock holding company form of organization and its related stock offering.
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January 22, 2021
On January 20, 2021, Community First Bancshares, Inc., Covington, Georgia, completed its conversion from the mutual holding company to the stock holding company form of organization and its related stock offering.
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