As agreed, BMRC paid for the acquisition with some 402,000 own shares and a cash consideration of USD16m.
BMRC was consulted by Keefe Bruyette & Woods and Stuart Moore on the takeover, while NorCal relied on the advice of Sandler O'Neill + Partners LP and Bingham McCutchen LLP.
Upon closing,
BMRC will add one board member from Bank of Napa to its board.
Also effective on November 29 with the closing of the merger, Kevin Kennedy, previously a director of NorCal and its Bank of Alameda subsidiary, has joined the BMRC and bank boards of directors.
Under the terms of definitive agreement, BMRC issued approximately 402 thousand shares of BMRC stock plus USD 16.
Under the agreement,
BMRC issued approximately 402 thousand shares of
BMRC stock, plus USD16m in cash for all outstanding shares of NorCal stock.
BMRC will be in Cypress Park and El Monte respectively, for riverbank beautification efforts.
The 2006
BMRC program held volunteer projects in Atlanta, Houston, Chicago, Minneapolis/St.
NEW YORK -- Boost Mobile RockCorps (
BMRC), the national youth volunteerism movement that since 2005 has motivated more than 16,000 young people to get involved and help their communities, today announced that Chicago and Miami have won its first-ever "Bring
BMRC to Your City" online contest.
Tenders are invited for P&;F of Water Cooler/ RO work for new waiting Hall for Dhanwantri,
BMRC and Charak Bhawan at SMS Hospital &; Kanwatiya and Zanana Hospital Jaipur Item No.
Bank of Marin Bancorp
BMRC (NASDAQ:
BMRC), the parent company of Bank of Marin (bank), disclosed on Monday that it has signed a definitive agreement to acquire the bank holding company NorCal Community Bancorp (OTC:NCLC) and its subsidiary Bank of Alameda for USD32.
Boost Mobile RockCorps (
BMRC), the around the way revolution that is giving young people concert tickets in exchange for volunteering in their communities, today launched a "Bring
BMRC to Your City" contest online.
