M&A
M&A
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The $1.5 billion-asset bank issued $25 million of subordinated notes due 2025 in a private placement. WashingtonFirst used the proceeds to redeem $8.9 million in SBLF preferred shares, which it issued to the Treasury Department in 2011.
October 7 - Ohio
Middlefield Banc Corp. in Middlefield, Ohio, has bought out its largest shareholder.
October 7 -
A group of private investors has agreed to buy Radius Bancorp in Boston.
October 7 - Kentucky
Republic Bancorp in Louisville, Ky., has agreed to buy Cornerstone Bancorp in St. Petersburg, Fla.
October 7 -
MBT Bancorp in Monroe, Mich., is planning to close four branches. The $1.3 billion-asset company also said it would stop offering retail services at a corporate office in Wyandotte, Mich.
October 6 -
A pair of community banks have lined up funding through separate subordinated-debt agreements with a firm in the Cayman Islands.
October 6 -
Sunshine Bancorp in Plant City, Fla., has hired another former executive from the former Susquehanna Bancshares in Lititz, Pa.
October 6 - Virginia
Capital One Financial has allowed shareholders to nominate candidates to the companys board of directors, joining a spate of large U.S. companies moving to open access to proxy ballots.
October 6 -
The pace of bank M&A deals slowed in the third quarter and was flat through the first nine months of this year.
October 6 - New Jersey
A looming dividend spike tied to the Small Business Lending Fund convinced Hopewell Valley Community Bank in Pennington, N.J., to sell itself.
October 6 -
Synechron, a consulting firm to the financial services industry, has acquired Crossbridge, a London-based consulting firm.
October 6 -
Hancock Holding in Gulfport, Miss., has agreed to buy a portfolio of health care loans from United Community Banks in Blairsville, Ga.
October 6 -
First Cecilian Bancorp in Cecilia, Ky., has agreed to buy Farmers Bancshares in Hardinsburg, Ky.
October 5 -
CenterState Banks in Davenport, Fla., has agreed to buy Community Bank of South Florida in Homestead.
October 5 -
The $210 billion-asset company said in a press release Friday that CRC Insurance Services, its wholesale insurance unit, would buy Connecticut Underwriters Inc. in Middletown.
October 5 -
A breakdown of M&A announcements in the financial services industry for the week ended October 3.
October 5 -
Banc of California in Irvine has agreed to buy a Santa Ana office building for $77 million for its headquarters.
October 5 -
C1 Financial in St. Petersburg, Fla., is reportedly looking to sell itself.
October 5 - North Carolina
BB&T in Winston-Salem, N.C., has agreed to acquire a stake in Miller Insurance Services, a Lloyd's market broker.
October 2 -
Foreign banks looking to buy a U.S. institution long faced tough scrutiny from the Federal Reserve, and the financial crisis has only made the process harder.
October 2


