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Follow on Google News | Commerce Street Capital Advises The Landrum Company on its Placement of Common StockThe Landrum Company's Placement of Common Stock Raised More Than $20 Million
By: Commerce Street Capital CSC’s Bank Capital Group Managing Director Charlie Ingram was the lead financial advisor to The Landrum Company and was assisted by Managing Director Dennis Kirkpatrick and Senior Vice President Chris Meadows. CSC’s team worked closely with the leadership of The Landrum Company in the transaction. “We are proud to help The Landrum Company take the next steps to better serve its growing communities throughout Missouri, Texas and Oklahoma,” said Ingram. “The positive response to the stock offering within the bank’s service area is an indicator of the great respect The Landrum Company enjoys within its community. This new capital will allow the holding company to move forward with its strategic growth plans, which include strong internal growth and acquisitions, and to continue to grow its branch network and variety of services offered to its banking customers.” The Landrum Company currently operates 41 full-service banking offices throughout Central Missouri, Southern Missouri and Texoma (North Texas and Southern Oklahoma). The bank traces its history back almost 150 years and is the successor of Exchange National Bank, chartered in 1865, making it one of the oldest federally chartered banks west of the Mississippi River. The Landrum Company also offers mortgage banking, investment management and trust services. CSC’s Bank Capital Group practice has more than 20 years of experience raising capital for community banks regardless of market direction or circumstances, in major metropolitan areas and rural communities across the country. CSC brings management teams, acquisition and organizer groups access to market assessment; charter application development; # # # About Commerce Street Capital Commerce Street Capital, LLC (“CSC”) is a private investment banking firm headquartered in Dallas, Texas. Led by veterans of the banking industry, CSC specializes in investment banking services (mergers and acquisitions, valuations and regulatory issue advising) and bank development (on-site consulting, sales and management of bank capital raises, market assessments and the bank regulatory application process). The firm provides tailored solutions for all or part of a financial institution's business lifecycle. For more information, visit www.commercestreetcapital.com or call 214-545-6800. CSC is a member of FINRA/SIPC. This press release is for information purposes only and does not constitute a solicitation or offer by Commerce Street Capital, LLC, to buy or sell any securities, futures, options, foreign exchange or other financial instrument or to provide any investment advice or service. The testimonials stated within this press release may not be representative of the experience of other clients. The testimonials stated within this press release are not indicative of future performance or success. The testimonials stated within this press release are not paid testimonials. End
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