On November 30, 2021, Riverview Financial Corporation, Harrisburg, Pennsylvania, completed its merger with Mid Penn Bancorp, Inc., Millersburg, Pennsylvania. The all-stock transaction was valued at approximately $124.7 million and the consolidated assets of the combined company are valued at approximately $4.7 billion.
Read More...On November 23, 2021, Lincoln Park Bancorp, Pine Brook, New Jersey, announced the signing of a definitive merger agreement with Ion Financial, MHC, Naugatuck, Connecticut, pursuant to which Lincoln Park Bancorp will merge into Ion Financial, MHC and Lincoln 1st Bank, the subsidiary of Lincoln Park Bancorp, will merge into Ion Bank, the subsidiary of Ion Financial, MHC. Simultaneously with the closing of these mergers, Lincoln Park Bancorp, MHC will be dissolved.
Read More...On November 12, 2021, C.C. Bancorp, Inc., Little Valley, New York, the holding company for Cattaraugus County Bank, completed a private placement of $10.5 million of its 3.75% Fixed-to-Floating Rate Subordinated Notes due 2031.
Read More...On October 30 2021, Scott Brown presented at The Annual Financial Institutions Finance and Accounting Conference hosted by the Massachusetts Bankers Association and Financial Managers Society. Mr. Brown focused on current trends and issues impacting community banking, including the current mergers and acquisitions landscape, emerging regulatory trends and corporate governance hot topics.
Read More...On November 4, 2021, Jeffrey Cardone presented at the Vermont Bankers Association Trustees and Director Forum. Mr. Cardone discussed critical issues facing the leadership of today’s community banks, including an update on mergers and acquisitions and regulatory and governance matters impacting the community bank industry.
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