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MainStreet Bank (MNSB) in Fairfax, Va., reported higher profits on double-digit loan and deposit growth in the second quarter.
July 3 -
Tri-Valley Bank in San Ramon, Calif., plans to raise $2.5 million through a private placement of common stock.
December 18 -
Investors who backed Broadway Financial's 2013 recapitalization are cashing out.
December 24
MainStreet Bank in Fairfax, Va., has
The $322 million-asset bank said in a press release last week that it sold shares to existing shareholders and institutional investors. MainStreet did not specify the number of shares it sold.
The capital raise "substantially increases the overall lending capacity of the bank," the release said.
FIG Partners in Atlanta managed the offering.
MainStreet has five branches in northern Virginia, according to the Federal Deposit Insurance Corp.
