Blue Ridge Bank Appoints Beale CEO

Blue Ridge Bankshares, the holding company of Blue Ridge Bank and BRB Financial Group, appointed G. William Beale CEO of the bank, effective immediately. Brian K. Plum will continue as president and CEO at the holding company and focus on broader strategy.

May 9, 2023 Blue Ridge Bank | Blue Ridge Bankshares | Brian K. Plum | G. William Beale | Jr. | Mensel D. Dean Ian Koplin

Mid Penn Bancorp to Acquire Brunswick Bancorp for $53.9MM

Mid Penn Bancorp and Brunswick Bancorp signed a definitive merger agreement pursuant to which Mid Penn will acquire Brunswick in a transaction valued at approximately $53.9 million.

December 21, 2022 Brunswick Bancorp | Brunswick Bank | Frank Gumina | Janney Montgomery Scott | Jr. | Mid Penn Bancorp | Mid Penn Bank | Nick Frungillo | Pillar+Aught | Piper Sandler | Rory G. Ritrievi | Stephens | Windels Marx Lane & Mittendorf Phil Neuffer

National Capital Bancorp Changes Leadership

Richard B. (Randy) Anderson Jr. of National Capital Bancorp is set to retire as CEO of its subsidiary, The National Capital Bank of Washington, on Dec. 31. James Olevson, the current president of the bank, will succeed Anderson, effective Jan. 1.

November 28, 2022 James Olevson | Jr. | National Capital Bancorp | Richard B. (Randy) Anderson Ian Koplin

Holt Jr. to Retire as President and CEO of NexBank; Siekielski Named Successor

John L. Holt, Jr. will retire as president and CEO of NexBank Capital, the parent company of NexBank, at the end of this year. Matt Siekielski, who is a director, executive vice president and chief operating officer of the company, will succeed Holt Jr.

November 14, 2022 John L. Holt | Jr. | Matt Siekielski | NexBank | NexBank Capital Ian Koplin

TowneBank Chooses Foster III to Succeed Davis as CEO

TowneBank’s board of directors selected William (Billy) I. Foster III to succeed J. Morgan Davis as CEO. Davis will step down as CEO on Dec. 31 and will retire on March 31, 2023, after assisting with the transition process.

August 29, 2022 G. Robert Aston | III | J. Morgan Davis | Jr. | TowneBank | William I. Foster Ian Koplin

F.N.B. to Acquire UB Bancorp, Union Bank

F.N.B. Corporation and UB Bancorp signed a definitive merger agreement for FNB to acquire UB Bancorp, including its wholly-owned banking subsidiary, Union Bank.

June 2, 2022 F.N.B. Corporation | Jr. | Lee Burrows | UB Bancorp | Vincent J. Delie Rita Garwood

FNB Corporation Appoints Semachko Director of Corporate Responsibility

F.N.B. Corporation and its banking subsidiary, First National Bank, promoted Brent J. Semachko to director of corporate responsibility.

March 29, 2022 Brent J. Semachko | F.N.B. Corporation | First National Bank | Jr. | Vincent J. Delie Ian Koplin

LINKBANCORP and GNB Financial Services Complete Combination

LINKBANCORP completed the merger of GNB Financial Services with and into LINKBANCORP and the merger of LINKBANK with and into The Gratz Bank.

September 21, 2021 Aaron Klinger | Andrew Samuel | Boenning & Scattergood | Brent Smith | Carl Lundblad | Cedar Hill Advisors | GNB Financial Services | Hogan Lovells U.S. | Joseph C. Michetti | Jr. | Kevin Laudenslager | Kristofer Paul | LINKBANCORP | Melissa Hoffman | Pillar+Aught | The Gratz Bank | Tiffanie Horton | Wesley Weymers Ian Koplin

Tecum Capital Launches Third SBIC Fund

Tecum Capital Management received a license from the U.S. Small Business Administration (SBA) to operate its third SBIC fund and concurrently held its first closing for the new fund. This third fund is nearly fully subscribed at $240 million.

September 9, 2021 Jr. | Matthew L.T. Harnett | Stephen J. Gurgovits | Tecum Capital Partners | Tyson S. Smith Ian Koplin

Matrix Launches Capital Advisory Investment Banking Group, Adds Whalen and Weir

Matrix Capital Markets Group, an independent investment bank, formed a capital advisory investment banking group and named John J. Whalen, a managing director for Matrix, head of the new group. In addition, M. Ryan Weir Jr., a vice president at Matrix, also joined the new group.

July 14, 2021 John J. Whalen | Jr. | M. Ryan Weir | Matrix Capital Markets Group | Thomas Kelso Ian Koplin