Galena

Heartland Financial Acquires the Elizabeth State Bank Through Its Subsidiary Galena State Bank & Trust Co.

July 6th, 2009

Heartland Financial USA, Inc. based in Dubuque, announced that is has acquired all deposits of The Elizabeth State Bank in Elizabeth, Ill. through its subsidiary Galena State Bank based in Galena, Ill. in a loss-share transaction facilitated by the Federal Deposit Insurance Corporation (FDIC).
“Customers can be assured that their deposits are safe and remain [...]

Heartland Financial Acquires the Elizabeth State Bank Through Its Subsidiary Galena State Bank & Trust Co.

July 4th, 2009

Heartland Financial USA, Inc. based in Dubuque, announced today that is has acquired all deposits of The Elizabeth State Bank in Elizabeth, Ill. through its subsidiary Galena State Bank based in Galena, Ill. in a loss-share transaction facilitated by the Federal Deposit Insurance Corporation (FDIC).
“Customers can be assured that their deposits are safe and [...]

First Bancshares, Inc. Reports Increase in Its Provision for Loan Losses and Tax Provision on Cashing out BOLI

January 1st, 2009

First Bancshares, Inc. (“Company”), the holding company for First Home Savings Bank, today announced that it currently anticipates an increase of between $4.0 million and $4.5 million in its allowance for loan losses through a provision charged to income for the quarter ended December 31, 2008. This increase is attributable to a decline in market [...]