Carolina Allnc Bk SC (CRLN) 9.9900 $CRLN
Carolina Alliance Announces 10% Stock Dividend and Reports its Second Quarter Results
Business Wire - Mon Sep 08, 6:35AM CDT
Carolina Alliance Bank (OTCBB: CRLN and OTCQB: CRLN) today announced that its Board of Directors has declared a 10% stock dividend. The stock dividend will be payable October 7, 2014 to shareholders of record as of September 22, 2014. Holders of Carolina Alliance common stock as of the record date will receive one additional share for every ten shares held on the record date. Cash will be issued in lieu of fractional shares.
Carolina Alliance Bank Acquires the Operations of Dave McBride Leasing
Business Wire - Mon Aug 04, 7:59AM CDT
Carolina Alliance Bank (the "Bank"
(OTCBB: CRLN)(OTCQB: CRLN) announced today that it has acquired the commercial leasing operations of Dave McBride Leasing, LLC ("DML" . Concurrent with the signing of the purchase agreement, Dave McBride signed an agreement to manage the Bank's South Carolina leasing operations. The acquisition is a significant addition to the Bank's existing commercial leasing line of business, which heretofore has been concentrated geographically in North Carolina.
Carolina Alliance Bank and Forest Commercial Bank Announce Merger
Business Wire - Thu Aug 08, 7:00AM CDT
Carolina Alliance Bank ("CAB" (OTCBB: CRLN and OTCQB: CRLN) and Forest Commercial Bank ("FCB" jointly announced today that they have signed a definitive merger agreement. The proposed combination will create a full-service community bank serving customers principally in upstate South Carolina and western North Carolina. The combined bank will have three full-service offices located in Spartanburg, SC, Asheville, NC, and Hendersonville, NC; a loan production office in Charlotte, NC; and a proposed branch office to be located in Seneca, SC. All of the offices will operate as Carolina Alliance Bank. The bank will be headquartered in Spartanburg, SC, with senior management personnel operating from both Spartanburg and Asheville. On a combined basis, the bank will have approximately $385 million in assets, approximately $277 million in loans, approximately $314 million in deposits, and a very strong capital position of approximately $50 million. The transaction is expected to close in the first quarter of 2014, subject to receipt of regulatory approvals and the approval of the shareholders of each institution.
Carolina Alliance Announces 10% Stock Dividend and Reports its Second Quarter Results
Business Wire - Mon Sep 08, 6:35AM CDT
Carolina Alliance Bank (OTCBB: CRLN and OTCQB: CRLN) today announced that its Board of Directors has declared a 10% stock dividend. The stock dividend will be payable October 7, 2014 to shareholders of record as of September 22, 2014. Holders of Carolina Alliance common stock as of the record date will receive one additional share for every ten shares held on the record date. Cash will be issued in lieu of fractional shares.
Carolina Alliance Bank Acquires the Operations of Dave McBride Leasing
Business Wire - Mon Aug 04, 7:59AM CDT
Carolina Alliance Bank (the "Bank"
(OTCBB: CRLN)(OTCQB: CRLN) announced today that it has acquired the commercial leasing operations of Dave McBride Leasing, LLC ("DML" . Concurrent with the signing of the purchase agreement, Dave McBride signed an agreement to manage the Bank's South Carolina leasing operations. The acquisition is a significant addition to the Bank's existing commercial leasing line of business, which heretofore has been concentrated geographically in North Carolina. Carolina Alliance Bank and Forest Commercial Bank Announce Merger
Business Wire - Thu Aug 08, 7:00AM CDT
Carolina Alliance Bank ("CAB"
(OTCBB: CRLN and OTCQB: CRLN) and Forest Commercial Bank ("FCB" jointly announced today that they have signed a definitive merger agreement. The proposed combination will create a full-service community bank serving customers principally in upstate South Carolina and western North Carolina. The combined bank will have three full-service offices located in Spartanburg, SC, Asheville, NC, and Hendersonville, NC; a loan production office in Charlotte, NC; and a proposed branch office to be located in Seneca, SC. All of the offices will operate as Carolina Alliance Bank. The bank will be headquartered in Spartanburg, SC, with senior management personnel operating from both Spartanburg and Asheville. On a combined basis, the bank will have approximately $385 million in assets, approximately $277 million in loans, approximately $314 million in deposits, and a very strong capital position of approximately $50 million. The transaction is expected to close in the first quarter of 2014, subject to receipt of regulatory approvals and the approval of the shareholders of each institution. 
