Showing 1-10 of about 23 articles.
Intermountain Community Bancorp
Ford Elsaesser Elected Chairman of the Board of Intermountain Community Bancorp
SANDPOINT, Idaho, March 4, 2013 (GLOBE NEWSWIRE) -- Intermountain Community Bancorp (Nasdaq:IMCB) and its Banking Division, Panhandle State Bank, announce the election of Ford Elsaesser to the position of Chairman of the Board of Directors effective immediately following the 2013 Annual Shareholders Meeting on April 24, 2013. Mr. Elsaesser succeeds Jack Parker, who has served as the institution's Chairman since 1995. Mr. Parker will continue to hold a Director's seat on the Board.
Intermountain Community Bancorp
Intermountain Announces NASDAQ Listing
SANDPOINT, Idaho, Jan. 9, 2013 (GLOBE NEWSWIRE) -- Intermountain Community Bancorp (OTCBB:IMCB) (the "Company"), the bank holding company of Panhandle State Bank, today announced that its common shares have been approved for listing on the NASDAQ Capital Market (NASDAQ) under the ticker symbol "IMCB." The Company expects that its shares will begin trading on the NASDAQ exchange today, January 9, 2013.
Intermountain Community Bancorp
Intermountain Community Bancorp Announces Reverse Stock Split
SANDPOINT, Idaho, Aug. 31, 2012 (GLOBE NEWSWIRE) -- Intermountain Community Bancorp (OTCBB:IMCB) today announced that the Company will implement effective as of the close of business on October 5, 2012, a 1-for-10 reverse stock split of Intermountain's common stock (both voting and nonvoting) that was approved by the shareholders at the Company's Annual Meeting on May 17, 2012.
Intermountain Community Bancorp
Intermountain Community Bancorp of Sandpoint, ID, Announces Expiration of Rights Offering
SANDPOINT, Idaho, May 22, 2012 (GLOBE NEWSWIRE) -- Intermountain Community Bancorp (OTCBB:IMCB) (the "Company"), the bank holding company of Panhandle State Bank (the "Bank"), today announced that the offering period of its previously announced rights offering expired on May 21, 2012 in accordance with its terms. In connection with the rights offering, the Company previously distributed to its holders of Common Stock on the record date of January 20, 2012 (the "Legacy Shareholders"), non-transferable rights to subscribe for and purchase up to an aggregate of 8,700,000 shares of its Common Stock at a subscription price of $1.00 per share. The Company conducted the rights offering pursuant to the securities purchase agreements entered into with certain investors on January 20, 2012 in the Company's recent capital raise led by investors Castle Creek Capital Partners IV, L.P. ("Castle Creek") and affiliates of Stadium Capital Management, LLC ("Stadium"). Castle Creek, Stadium and two other investors (the "Backstop Investors") have agreed, subject to their respective ownership limitations, to backstop the rights offering by purchasing from the Company in a private placement, at the subscription price, any rights offering shares not purchased by the Legacy Shareholders.
Showing 1-10 of about 23 articles.