January 30, 2017
On January 30, 2017, First Guaranty Bancshares, Inc. (“First Guaranty”), Hammond, Louisiana, and Premier Bancshares, Inc. (“Premier”), McKinney, Texas, entered into a definitive merger agreement pursuant to which Premier will merge with and into First Guaranty, with First Guaranty as the resulting company, for total merger consideration of approximately $21.0 million.
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January 27, 2017
We are pleased to announce that Luse Gorman has once again received the No. 1 National Ranking as legal counsel for mutual-to-stock conversions and mutual holding company transactions, as reported by SNL for transactions completed in 2016.
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January 27, 2017
Luse Gorman, PC is proud to announce that once again our law firm was the No. 1 legal advisor in the nation for bank and thrift mergers and acquisitions, with 17 transactions in 2016.
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December 16, 2016
On December 16, 2016, Hometown Bancorp MHC, Walden, New York, and its wholly-owned subsidiaries, Hometown Bancorp, Inc. and Hometown Bank of the Hudson Valley (together, “Hometown”) entered into a definitive merger agreement with Wallkill Valley Federal Savings and Loan Association (“Wallkill”), a mutual savings and loan association in Wallkill, New York, pursuant to which Hometown will merge with and into Wallkill, with Wallkill as the surviving entity, for total merger consideration of approximately $7.0 million in cash.
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November 28, 2016
On November 28, 2016, Bridge Bancorp, Inc., Bridgehampton, NY (“Bridge Bancorp”), completed a shelf takedown offering of $50.0 million of its common stock.
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