First Seacoast Bank Completes Sale-Leaseback Transaction with MountainSeed Real Estate Services, LLC [Yahoo! Finance]
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The Bancorp, Inc. (TBBK)
Last the bancorp, inc. earnings: 4/30 04:05 pm
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Source: Yahoo! Finance
Bancorp, Inc. (Nasdaq: "FSEA"), completed its previously announced sale-leaseback transaction with MountainSeed Real Estate Services, LLC, a Georgia limited liability company ("MountainSeed"). Under the terms of the deal, First Seacoast Bank sold to MountainSeed four properties owned and operated by First Seacoast Bank as bank office locations (the "Properties") for an aggregate purchase price of approximately $7.5 million, including customary closing adjustments. The Properties are located in the immediate vicinity of Dover, New Hampshire, where First Seacoast Bank is headquartered. In tandem with the sale of the Properties to MountainSeed, First Seacoast Bank also entered into a master lease agreement (the "Lease Agreement") with MountainSeed under which First Seacoast Bank will lease all four Properties. The Lease Agreement has an initial term of 15 years with a bank-option for an additional 15-year term. First Seacoast Bank's obligations under the Lease Agreement are guaranteed
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News
- The Schall Law Firm Initiates Probe Into Claims Against The Bancorp Inc And Urges Investors Who Suffered Losses To Initiate ContactAccesswire
- The Schall Law Firm Begins Investigation Into Allegations Against The Bancorp Inc And Encourages Investors With Losses To Establish CommunicationAccesswire
- Lowey Dannenberg, P.C. is Investigating The Bancorp, Inc. (“TBBK” or the “Company”) (NASDAQ:TBBK) for Potential Violations of the Federal Securities Laws and Encourages Investors with more than $50,000 in Losses to Contact the FirmGlobeNewswire
- The Schall Law Firm Initiates Probe Into Claims Against The Bancorp Inc (NASDAQ:TBBK) And Urges Investors Suffering Losses To Initiate ContactAccesswire
- The Schall Law Firm Begins Investigation Into Allegations Against The Bancorp Inc (NASDAQ:TBBK) And Encourages Investors Experiencing Losses To Establish CommunicationAccesswire
TBBK
Earnings
- 4/25/24 - In-Line
TBBK
Sec Filings
- 6/24/24 - Form 11-K
- 6/20/24 - Form D/A
- 6/4/24 - Form 4
- TBBK's page on the SEC website