November 9, 2021
On October 30 2021, Scott Brown presented at The Annual Financial Institutions Finance and Accounting Conference hosted by the Massachusetts Bankers Association and Financial Managers Society. Mr. Brown focused on current trends and issues impacting community banking, including the current mergers and acquisitions landscape, emerging regulatory trends and corporate governance hot topics.
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November 8, 2021
On November 4, 2021, Jeffrey Cardone presented at the Vermont Bankers Association Trustees and Director Forum. Mr. Cardone discussed critical issues facing the leadership of today’s community banks, including an update on mergers and acquisitions and regulatory and governance matters impacting the community bank industry.
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November 2, 2021
On October 16, 2021, Kent Krudys presented at the CBA Annual Convention. Mr. Krudys led a discussion on current trends in community banking, including topics related to mergers and acquisitions, regulatory matters and boardroom diversity.
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October 6, 2021
On September 30, 2021, Home Savings Bank, Madison, Wisconsin, its parent company, Home Bancorp Wisconsin, Inc. ("Home Bancorp"), and Dupaco Community Credit Union ("Dupaco"), Dubuque, Iowa, announced that they had entered into a purchase and assumption agreement, pursuant to which Dupaco will acquire the assets and assume the liabilities of Home Savings Bank in an all cash transaction. Following the completion of the acquisition, Home Bancorp will distribute the net transaction proceeds to its stockholders.
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September 20, 2021
On September 20, 2021, Metropolitan Bank Holding Corp., New York, New York, the holding company for Metropolitan Commercial Bank, completed its underwritten follow-on offering of 2,300,000 shares of its common stock at $75.00 per share, which included the underwriters’ exercise of their right to purchase an additional 300,000 shares of common stock.
Luse Gorman served as legal counsel to Metropolitan Bank Holding Corp in the offering. The Luse Gorman team consisted of Gary Lax, Scott Brown, Greg Sobczak and Ned Quint.
Luse Gorman has extensive experience representing issuers in public offerings and private placements of capital stock, debt, and other securities. To learn more about our Capital Markets and Corporate Finance practice, please visit our website.
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