Financial Services | Piper Sandler

Banking Challenges for 2023

$20.0 Million

Ion Financial, MHC

Subordinated Notes

$53.9 Million

PSB Holding Corp.

PSB Holding Corp. has agreed to merge with Summit Financial Group

$204.0 Million

NBT Bancorp Inc.

NBT Bancorp Inc. has agreed to acquire Salisbury Bancorp, Inc.

$40.0 Million

Narragansett Financial Corporation

Subordinated Notes

Marine Bancorp, Inc.

Marine Bancorp, Inc. has agreed to merge with Hometown Community Bancorp, Inc.

$165.0 Million

Inland Bancorp, Inc.

Inland Bancorp, Inc. has agreed to merge with Byline Bancorp, Inc.

$95.0 Million

Broad Street Realty, Inc.

Preferred Equity Mezzanine Debt

$654.0 Million

Luther Burbank

Luther Burbank Corporation has agreed to merge with Washington Federal, Inc.

$20.0 Million

Renovo Financial

Senior Secured Notes