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Tri-Valley Bank in San Ramon, Calif., plans to raise $2.5 million through a private placement of common stock.
December 18 -
David Greiner has resigned as president and chief executive of Tri-Valley Bank in San Ramon, Calif., and has been replaced by the bank's chairman, Arnold Grisham.
November 21 -
Esquire Bank, a Garden City, N.Y., bank that specializes in financial services for law firms, has raised $19.1 million in a private placement of common stock.
August 19
Tri-Valley Bank in San Ramon, Calif., plans to raise $1.35 million in a private placement of its common stock.
The $103 million-asset bank has agreed to sell about 3.4 million shares to three private investors, for 40 cents per share. Tri-Valley identified one investor, Gregory Solsrud, who agreed to buy about 3.1 million of the total offering.
After the closing, existing shareholders can exercise anti-dilution rights and purchase up to an additional 814,123 shares, for an additional $325,000, or 40 cents per share.
Proceeds from the offering will allow Tri-Valley to exceed its Tier 1 leverage ratio requirements, the bank said in a Tuesday
In December, Tri-Valley reached agreements to
Tri-Valley in July reported second-quarter