Bank First

BankFirst Capital Corporation to Acquire The Citizens Bank of Fayette

Thursday, October 14, 2021 - 2:00pm

COLUMBUS, Miss., Oct. 14, 2021 /PRNewswire/ -- BankFirst Capital Corporation (OTCQX:BFCC) ("BankFirst" or the "Company"), parent of BankFirst Financial Services (the "Bank"), today announced the signing of a definitive merger agreement with F.B.H.

Key Points: 
  • COLUMBUS, Miss., Oct. 14, 2021 /PRNewswire/ -- BankFirst Capital Corporation (OTCQX:BFCC) ("BankFirst" or the "Company"), parent of BankFirst Financial Services (the "Bank"), today announced the signing of a definitive merger agreement with F.B.H.
  • and The Citizens Bank of Fayette, Fayette, Alabama ("Citizens Bank"), under which BankFirst will acquire Citizens Bank through the merger of Citizens Bank with and into the Bank.
  • Robert D. Mills, President and Chief Executive Officer of Citizens Bank, commented, "We are looking forward to having the Citizens Bank team join the BankFirst organization.
  • A $223.1 million financial institution, Citizens Bank is headquartered in Fayette, Alabama, with an additional branch office in Fayette.

Bank First Launches Teslar Software to Streamline Commercial Lending

Tuesday, October 12, 2021 - 1:07pm

Manitowoc, Wis.-based Bank First originally partnered with Teslar Software to help them more efficiently navigate the Paycheck Protection Program (PPP) loan process.

Key Points: 
  • Manitowoc, Wis.-based Bank First originally partnered with Teslar Software to help them more efficiently navigate the Paycheck Protection Program (PPP) loan process.
  • After working closely with Teslars platform and team, the bank recognized the benefits and added efficiencies Teslar could bring to their overall commercial lending strategy and decided to expand the partnership.
  • At Bank First, our goal is to work smarter not harder, and were confident that Teslar Software perfectly supports that mantra.
  • Bank First is a strong example of a relationship-based community bank that prioritizes delivering innovative, value-driven products and services, said Joe Ehrhardt, CEO and founder of Teslar Software.

BankFirst Capital Corporation Announces Entry Into Biloxi, Mississippi Market and Expansion of Oxford Mortgage Production Office to Loan Production Office

Monday, September 27, 2021 - 1:00pm

COLUMBUS, Miss., Sept. 27, 2021 /PRNewswire/ -- BankFirst Capital Corporation (OTCQX:BFCC) ("BankFirst" or the "Company"), parent of BankFirst Financial Services (the "Bank"), today announced its entry into the Biloxi, Mississippi market with the opening of a loan production office ("LPO").  The Biloxi LPO opened on September 27, 2021.  In addition, BankFirst has expanded the services it provides from its Oxford, Mississippi mortgage production office ("MPO") and converted the location to a loan production office.

Key Points: 
  • COLUMBUS, Miss., Sept. 27, 2021 /PRNewswire/ --BankFirst Capital Corporation (OTCQX:BFCC) ("BankFirst" or the "Company"), parent of BankFirst Financial Services (the "Bank"), today announced its entry into the Biloxi, Mississippi market with the opening of a loan production office ("LPO").
  • In addition, BankFirst has expanded the services it provides from its Oxford, Mississippi mortgage production office ("MPO") and converted the location to a loan production office.
  • Biloxi is a natural expansion of our Mississippi footprint, and we expect this market to provide us with additional growth opportunities going forward."
  • The Bank also operates two loan production offices in Biloxi and Oxford, Mississippi.

First Resource Bank Completes $6 Million Subordinated Debt Offering

Thursday, September 17, 2020 - 5:52pm

EXTON, Pa., Sept. 17, 2020 /PRNewswire/ --First Resource Bank (OTCQX: FRSB) announced the completion of its $6 million subordinated notes offering.

Key Points: 
  • EXTON, Pa., Sept. 17, 2020 /PRNewswire/ --First Resource Bank (OTCQX: FRSB) announced the completion of its $6 million subordinated notes offering.
  • "We are delighted to announce the successful completion of our subordinated debt offering," commented First Resource Bank President & CFO, Lauren Ranalli.
  • About First Resource Bank First Resource Bank is a locally owned and operated Pennsylvania state-chartered bank, serving the banking needs of businesses, professionals and individuals in the Delaware Valley.
  • First Resource Bank disclaims any intent or obligation to update publicly any of the forward-looking statements herein, whether in response to new information, future events or otherwise.