Latest Capitol Bancorp Ltd. (CBCRQ) Headlines
Capitol Bancorp Signs Agreement to Sell its Remaining Consolidated Affiliates to Talmer Bancorp, Inc.
PR Newswire - Mon Oct 14, 4:00PM CDT
Capitol Bancorp Limited (OTCQB: CBCRQ) announced today that it has entered into a stock purchase agreement to sell the common stock of its remaining consolidated entities, Bank of Las Vegas, Indiana Community Bank, Michigan Commerce Bank and Sunrise Bank of Albuquerque, to Talmer Bancorp, Inc., a bank holding company located in Troy, Michigan.
Synovus Reports In Line Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jul 19, 8:50AM CDT
Synovus Financial Corporation reported its second-quarter 2013 net income of 3 cents per share, in line with the Zacks Consensus Estimate. However, results outpaced the prior-quarter earnings by a penny.
Synovus Makes Strategic Acquisition - Analyst Blog
Ananya Sarkar - Zacks Investment Research - Mon May 13, 5:50PM CDT
Synovus Bank acquired approximately $54 million in deposits -- including all uninsured deposits -- of Valdosta, GA-based failed Sunrise Bank from the Federal Deposit Insurance Corporation.
Synovus Bank Assumes Deposits of Sunrise Bank
Business Wire - Fri May 10, 5:27PM CDT
Synovus Bank, a Georgia-chartered, FDIC insured bank, announced today that it has assumed from the Federal Deposit Insurance Corporation (FDIC) approximately $54 million in total deposits, including all uninsured deposits, of Sunrise Bank, an affiliate of Capitol Bancorp Limited. Sunrise Bank has offices in Valdosta, Atlanta, and Jeffersonville, Georgia.
Capitol Bancorp Reports Year-End 2012 Results
PR Newswire - Thu Mar 28, 4:15PM CDT
A net loss of approximately $1.6 million, or ($0.04) per share, was reported for the fourth quarter of 2012, compared to a net loss of $6.5 million, or ($0.16) per share, for the corresponding period in 2011. Approximately $210,000 ($0.01 per share) of this 2012 quarterly net loss, or roughly 14 percent, is attributable to "reorganization items" expense directly associated with Capitol's financial restructuring plan. The following contributed to the operating results for the fourth quarter, and were the key factors that favorably impacted performance.
Capitol Bancorp Announces the Planned Divestiture of New Mexico-based Sunrise Bank of Albuquerque
PR Newswire - Fri Dec 28, 4:46PM CST
Capitol Bancorp Limited (OTCQB: CBCRQ) announced today that it has entered into a letter of intent with investors for the sale and subsequent recapitalization of Sunrise Bank of Albuquerque.
Capitol Bancorp Signs Agreement to Sell its Remaining Consolidated Affiliates to Talmer Bancorp, Inc.
PR Newswire - Mon Oct 14, 4:00PM CDT
Capitol Bancorp Limited (OTCQB: CBCRQ) announced today that it has entered into a stock purchase agreement to sell the common stock of its remaining consolidated entities, Bank of Las Vegas, Indiana Community Bank, Michigan Commerce Bank and Sunrise Bank of Albuquerque, to Talmer Bancorp, Inc., a bank holding company located in Troy, Michigan.
Synovus Reports In Line Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jul 19, 8:50AM CDT
Synovus Financial Corporation reported its second-quarter 2013 net income of 3 cents per share, in line with the Zacks Consensus Estimate. However, results outpaced the prior-quarter earnings by a penny.
Synovus Makes Strategic Acquisition - Analyst Blog
Ananya Sarkar - Zacks Investment Research - Mon May 13, 5:50PM CDT
Synovus Bank acquired approximately $54 million in deposits -- including all uninsured deposits -- of Valdosta, GA-based failed Sunrise Bank from the Federal Deposit Insurance Corporation.
Synovus Bank Assumes Deposits of Sunrise Bank
Business Wire - Fri May 10, 5:27PM CDT
Synovus Bank, a Georgia-chartered, FDIC insured bank, announced today that it has assumed from the Federal Deposit Insurance Corporation (FDIC) approximately $54 million in total deposits, including all uninsured deposits, of Sunrise Bank, an affiliate of Capitol Bancorp Limited. Sunrise Bank has offices in Valdosta, Atlanta, and Jeffersonville, Georgia.
Capitol Bancorp Reports Year-End 2012 Results
PR Newswire - Thu Mar 28, 4:15PM CDT
A net loss of approximately $1.6 million, or ($0.04) per share, was reported for the fourth quarter of 2012, compared to a net loss of $6.5 million, or ($0.16) per share, for the corresponding period in 2011. Approximately $210,000 ($0.01 per share) of this 2012 quarterly net loss, or roughly 14 percent, is attributable to "reorganization items" expense directly associated with Capitol's financial restructuring plan. The following contributed to the operating results for the fourth quarter, and were the key factors that favorably impacted performance.
Capitol Bancorp Announces the Planned Divestiture of New Mexico-based Sunrise Bank of Albuquerque
PR Newswire - Fri Dec 28, 4:46PM CST
Capitol Bancorp Limited (OTCQB: CBCRQ) announced today that it has entered into a letter of intent with investors for the sale and subsequent recapitalization of Sunrise Bank of Albuquerque.
