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The $4.8 billion-asset HomeStreet said in a press release Monday that it will pay $49.8 million in stock, or $11.70 a share, and $5.5 million in cash for the $200 million-asset Orange County Business Bank.
September 28 -
The $417 million-asset company appointed John Kaufman, 33, as CFO on Friday, according to a news release. Kaufman was also named CFO of MSB's Millington Savings Bank.
September 28 -
Pinnacle Bancorp in Central City, Neb., has agreed to buy Woodhaven National Bank in Fort Worth, Texas.
September 25
Centrue Financial in Ottawa, Ill., has registered for resale about 4.8 million shares on behalf of stockholders.
The registration was required by the terms of Centrue's recapitalization in March. Centrue said it's not aware of any shareholders that currently plan to sell shares.
The shares of common stock would be worth about $77 million based on a price of $16 per share, the $891 million-asset company said in a
In March Centrue completed a recapitalization in which it issued more than 6 million shares and repurchased $32.7 million of preferred stock from the Troubled Asset Relief Program for $19 million.
