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First Bank and Trust Company Announces Expansion into Daleville with Kevin Sutton and New Associate, Mikki Barranco

First Bank and Trust Company Announces Expansion into Daleville with Kevin Sutton and New Associate, Mikki Barranco News provided by Share this article Share this article DALEVILLE, Va., April 15, 2021 /PRNewswire/ First Bank and Trust Company welcomes Mikki Barranco to the Mortgage Division as the Bank announces plans to expand into the Daleville market. Kevin Sutton, VP of Agriculture and Commercial Lending, will join Mikki Barranco in the Daleville Loan Production Office set to open in May. Kevin Sutton - VP/Commercial and Agricultural Loan Officer, First Bank and Trust Company Mikki Barranco - Mortgage Banker, First Bank and Trust Company

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United Community Bank announces partnership with National Association of Minority Mortgage Bankers of America

United Community Bank announces partnership with National Association of Minority Mortgage Bankers of America
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CIB Marine Bancshares, Inc Responds to Shareholder Proposal

CIB Marine Bancshares, Inc. Responds to Shareholder Proposal BROOKFIELD, Wis., March 03, 2021 (GLOBE NEWSWIRE) CIB Marine Bancshares, Inc. (the “Company” or “CIBM”) (OTCQB: CIBH), recently received notice from a Cayman Islands-based investment fund of its intent to submit two proposals for consideration at the Company’s 2021 Annual Meeting: (i) nomination of two of its representatives to serve on the Company’s Board of Directors; and (ii) an Amendment to the Company’s Restated and Amended Articles of Incorporation (“Articles”), which, if approved, would be in direct contravention of the Company’s disciplined process for preferred stock repurchases whereby every transaction must be accretive to value, on reasonable market-like terms, and in the best interest of the Company and its shareholders. The offshore investment fund is the largest single owner of preferred stock in the Company and would be the largest single recipient of payments from the Company under th

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CIB Marine Bancshares, Inc Announces 2020 Results

CIB Marine Bancshares, Inc. Announces 2020 Results 01/22/2021 | 05:00am EDT Send by mail : Message : Required fields BROOKFIELD, Wis., Jan. 22, 2021 (GLOBE NEWSWIRE) CIB Marine Bancshares, Inc. (the “Company” or “CIBM”) (OTCQB: CIBH), the holding company of CIBM Bank, announced its unaudited results of operations and financial condition for the fourth quarter and full year of 2020. Strong mortgage operations and higher net interest income resulted in net income of $2.3 million for the quarter ending December 31, 2020, compared to a loss of $0.4 million for the same period in 2019 and, for the twelve months ending December 31, 2020, net income of $8.2 million compared to $2.0 million for the same period in 2019. Income before taxes for 2020 was $10.9 million compared to $2.5 million for 2019.

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First Reliance Bancshares Announces Executive Leadership Changes

First Reliance Bancshares Announces Executive Leadership Changes Latest Moves Highlight Bank s Focus on Future Growth Across the Region News provided by Share this article Share this article FLORENCE, S.C., Dec. 22, 2020 /PRNewswire/ First Reliance Bancshares has appointed Robert F. Dozier, Jr. to the dual roles of President of the holding company, First Reliance Bancshares Inc. and Chief Operating Officer (COO) of First Reliance Bank. In addition, the bank also promoted Charles H. (Chuck) Stuart to President of First Reliance Mortgage, a division of First Reliance Bank. This is the latest stage of what CEO Rick Saunders describes as the creation of a leadership team of unprecedented depth, insight and capability in the bank s two decades of business.

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