Luse Gorman is the Top Legal Advisor for Bank Mergers and Acquisitions for 2017 YTD

Posted by & filed under Transactions, Uncategorized.

Luse Gorman, PC was the top legal advisor for merger and acquisition transactions, based on number of deals, for banks and thrifts during the nine months ended September 30, 2017, having served as legal counsel on 14 transactions announced during this period. These transactions comprise a variety of deal types and structures, including stock acquisitions… Read more »

Luse Gorman Serves as Legal Counsel to Sunshine Bancorp, Inc., Plant City, Florida, in its Proposed Merger with CenterState Banks, Inc., Winter Haven, Florida

Posted by & filed under Transactions.

On August 12, 2017, Sunshine Bancorp, Inc. (“Sunshine”), Plant City, Florida, and CenterState Banks, Inc. (“CenterState”), Winter Haven, Florida, entered into an agreement pursuant to which Sunshine will merge with and into CenterState, with CenterState as the resulting entity. Upon completion of the merger, Sunshine Bank, the subsidiary of Sunshine, will merge with and into… Read more »

Luse Gorman Serves as Legal Counsel to First Citizens Community Bank in its Proposed Branch Acquisition from S&T Bank

Posted by & filed under Transactions.

On July 27, 2017, First Citizens Community Bank, Mansfield, Pennsylvania (“First Citizens”), the wholly-owned subsidiary of Citizens Financial Services, Inc. (“Citizens”), entered into an agreement pursuant to which it will acquire the State College, Pennsylvania branch of S&T Bank, Indiana, Pennsylvania, the wholly-owned subsidiary of S&T Bancorp, Inc. (“S&T Bancorp”). Luse Gorman served as legal… Read more »

Luse Gorman Serves as Legal Counsel to First Savings Financial Group, Inc., in its Proposed Acquisition of The First National Bank of Odon

Posted by & filed under Transactions.

On July 21, 2017, First Savings Financial Group, Inc. (“FSFG”), Clarksville, Indiana, and The First National Bank of Odon (“Odon”), Odon, Indiana, entered into an agreement pursuant to which FSFG will acquire Odon in an all-cash transaction through the merger of Odon with and into First Savings Bank, the wholly-owned subsidiary of FSFG, with First… Read more »

Luse Gorman Serves as Legal Counsel In Connection With Esquire Financial Holdings, Inc. IPO

Posted by & filed under Transactions.

On June 30, 2017, Esquire Financial Holdings, Inc., Jericho, New York (“Esquire Financial”), the holding company for Esquire Bank, National Association, completed an initial public offering through a firm commitment underwritten sale of 2.4 million shares of common stock at a price of $14.00 per share.  Esquire Financial sold 1.8 million shares of common stock… Read more »