The Bancorp Receives Approval for 45 2M TARP: related news

The Bancorp Receives Approval for $45.2M TARP ...

WILMINGTON, Del.--(BUSINESS WIRE)--The Bancorp, Inc. (the “Bancorp”) (Nasdaq:TBBK) today announced that it has received preliminary approval from the U.S. Treasury Department for the sale of approximately $45.2 million of preferred stock and related warrants to the U.S. Treasury under the Capital Purchase Program of the Emergency Economic Stabilization Act of 2008. This approval is subject to certain conditions and the execution of definitive agreements.

Century Bancorp (CNBKA) Receives Preliminary Approval for $30 Million From TARP

Century Bancorp, Inc. Receives Preliminary Approval for $30 Million Investment Under United States Treasury's Capital Purchase Program

Center Bancorp (CNBC) Receives Preliminary Approval for $10 Million Under TARP

Center Bancorp, Inc. Announces Preliminary Approval for Participation in the U.S. Treasury Department's Tarp Capital Purchase Program

Fidelity Bancorp (FSBI) Receives Preliminary Approval for $7.0 Million Investment Under Treasury Capital Purchase Program

Fidelity Bancorp (FSBI) Receives Preliminary Approval for $7.0 Million Investment Under Treasury Capital Purchase Program

Central Bancorp, Inc. Receives $10 Million of New Capital Under U.S. Department of Treasury's TARP Capital Purchase Program

Central Bancorp, Inc. Receives $10 Million of New Capital Under U.S. Department of Treasury's TARP Capital Purchase Program

Legacy Bancorp, Inc. Receives Preliminary Approval for Treasury

Legacy Bancorp, Inc. (the “Company” or “Legacy”) LEGC, the holding company for Legacy Banks (the “Bank”), today announced that it has received preliminary approval of its application for approximately $20 million under the U.S. Treasury Capital Purchase Program (the “Program”). The Company will have 30 days after receipt of formal approval to decide whether to participate in the Program.

Pacific Coast National Bancorp Receives Preliminary Treasury Approval to Receive $4.1 Million Investment

Pacific Coast National Bancorp Receives Preliminary Treasury Approval to Receive $4.1 Million Investment

Pacific Coast National Bancorp Receives Preliminary Treasury Approval to Receive $4.1 Million Investment

Pacific Coast National Bancorp Receives Preliminary Treasury Approval to Receive $4.1 Million Investment

Pacific Coast National Bancorp Receives Preliminary Treasury Approval to Receive $4.1 Million Investment

Pacific Coast National Bancorp (OTCBB: PCST), parent corporation of Pacific Coast National Bank, a specialist in family-owned and small businesses, has received preliminary approval to sell $4,120,000 of preferred stock under the United States Treasury Department's Capital Purchase Program. In connection with this transaction, the company is seeking shareholder approval to amend its articles of incorporation to authorize the issuance of preferred stock. The company has mailed a proxy statement to its shareholders and intends to conduct a special shareholder meeting and vote on this proposal on January 15, 2009 at 9:00 a.m. in its San Clemente headquarters.

Carolina Bank Receives Preliminary Approval for TARP Participation - Quick Facts

(RTTNews) - Friday, Carolina Bank Holdings, Inc. (CLBH: News )said that it has received preliminary approval for an investment of $16 million from the U.S. Department of the Treasury under the TARP Capital Purchase Program. Final approval of the Treasury is subject to satisfaction of certain conditions, including any necessary amendments to the company's articles of incorporation and the execution of definitive agreements.

Investors Bancorp to Acquire American Bancorp of New Jersey

SHORT HILLS, N.J. & BLOOMFIELD, N.J.-- (BUSINESS WIRE) -- Investors Bancorp, Inc. (NASDAQ: ISBC) and American Bancorp of New Jersey, Inc. (NASDAQ: ABNJ) jointly announced today the signing of a definitive agreement under which Investors Bancorp will acquire American Bancorp of New Jersey for $140 million in stock and cash, or $12.50 per share.

Sterling Bancorp Receives Preliminary Approval To Participate In U.S. Treasury's Capital Purchase Program - Quick Facts

(RTTNews) - Sterling Bancorp (STL: News ) announced that it has received preliminary approval to participate in the U.S. Treasury Department's Capital Purchase Program. The company is expected to issue $42 million non-voting senior preferred shares and warrants.

Central Bancorp, Inc. Receives $10 Million of New Capital Under U.S. Department of Treasury's TARP Capital Purchase Program

Central Bancorp, Inc. (NASDAQ: CEBK) (the "Company") today announced that it sold $10.0 million in preferred shares to the U.S. Department of Treasury as a participant in the federal government's TARP Capital Purchase Program. This represents approximately 2.6% of the Company's risk-weighted assets as of September 30, 2008.

Community Partners Bancorp receives preliminary approval to participate in U.S. Treasury's Capital Purchase Program - Quick Facts

(RTTNews) - Community Partners Bancorp (CPBC: News ) said it has received preliminary approval to participate in U.S. Treasury's Capital Purchase Program.

Legacy Bancorp, Inc. Receives Preliminary Approval for Treasury Capital Purchase Program

the holding company for Legacy Banks (the "Bank"), today announced that it has received preliminary approval of its application for approximately $20 million under the U.S. Treasury Capital Purchase Program (the "Program"). The Company will have 30 days after receipt of formal approval to decide whether to participate in the Program.

New York Community Bancorp receives preliminary approval to participate in CPP

New York Community Bancorp, the holding company for New York Community Bank and New York Commercial Bank, has received preliminary approval from the US Treasury for the sale of $596 million in preferred stock and related warrants to the Treasury under the capital purchase program of the Emergency Economic Stabilization Act of 2008.

Center Bancorp, Inc. Announces Preliminary Approval for

Center Bancorp, Inc. Announces Preliminary Approval for Participation in the U.S. Treasury Department's Tarp Capital Purchase Program

Pacific Coast National Bancorp Receives Preliminary Treasury

Pacific Coast National Bancorp Receives Preliminary Treasury Approval to Receive $4.1 Million Investment

Legacy Bancorp (LEGC) Receives Preliminary Approval for $20 Million From TARP

Piper Jaffray Cuts Estimates On Solar Sector, Citing Poor Order Visibility (SOL, CSIQ, ESLR, LDK, SOLR)

Bridge Bancorp, Inc. Announces Fourth Quarter 2008 Dividend and Approval to Issue Preferred Shares

BRIDGEHAMPTON, N.Y., Dec. 17, 2008 (GLOBE NEWSWIRE) -- Bridge Bancorp, Inc. (the ``Company'') (NasdaqGS:BDGE - News), the holding company for The Bridgehampton National Bank (the ``Bank,'' ``BNB''), announced the declaration of a quarterly dividend of $0.23 per share. The dividend will be payable on January 13, 2009 to shareholders of record as of December 30, 2008. The Company continues its trend of uninterrupted dividends. The Company also announced the approval by its shareholders to amend Bridge Bancorp's Certificate of Incorporation to authorize the issuance of preferred shares. The amendment was approved at a special meeting of shareholders on December 16, 2008.

PRESS RELEASE Nordea Receives Basel II Approval From FSAs (DJ)

Nordea has received approval from the Nordic FSAs to calculate risk-weighted exposure amounts using the Internal Rating Based (IRB) approach for its Retail portfolio. Thereby 82% of Nordea's credit portfolio will be reported according to the IRB method. The approval leads to a reduction in RWA of approx. 14% as of end September 2008. The reduction leads to a corresponding increase in Tier 1 ratio to 9.2% as of end September. The core Tier 1 ratio, excluding hybrid capital, amounts to 8.3%. Both numbers are excluding the transition rules valid until 1 January 2010. Hence, Nordea's capital position is among the strongest in the Nordic region as well as in Europe. - I am very satisfied that Nordea has received this approval. This demonstrates the strength of our capital and risk management systems, says Fredrik Rystedt, Chief Financial Offic

Flagstar Bancorp Advances In Pre-Market On Preliminary TARP Approval

Flagstar Gets Preliminary Approval To Participate in the Treasury's Capital Purchase Program - Quick Facts

C.A. Bancorp Inc. (TSX: BKP) and Sentry Select Capital Corp. Announce Change in Fees

C.A. Bancorp Inc.("C.A. Bancorp") (TSX: BKP) and Sentry Select Capital Corp. ("Sentry Select") announce that they have reached an agreement providing for a reduction in the management fee paid to Sentry Select by C.A. Bancorp and the concurrent termination of the quarterly service fee paid by Sentry Select to registered dealers on the common shares of C.A. Bancorp.

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