David Baris Speaks Out on the Dearth of De Novo Banks

September 16, 2015

David Baris’ article, “Removing Community Bank Barriers Essential for Growth,” was published in the Washington Times’ July 30, 2015 edition, ICBA supplement. Read the full article here.

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David Baris, BuckleySandler Client Delmarva Bancshares, Inc. Completes Merger and Acquisition of Easton Bancorp & Subsidiary

July 29, 2015

BuckleySandler client Delmarva Bancshares, Inc., the parent company of 1880 Bank, announced on July 15, 2015 the completion of its acquisition of Easton Bancorp and its subsidiary, Easton Bank & Trust Company, through the merger of Easton Bank with and into 1880 Bank. As a result of the merger, 1880 Bank — with approximately $330 […]

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David Baris, BuckleySandler Provides Legal Support for Delmarva Bancshares, Inc. $14 Million Stock Sale

July 29, 2015

BuckleySandler client Delmarva Bancshares, Inc. announced on May 1, 2015 that they have entered into definitive stock purchase agreements with investors to sell 1,148,255 shares of its common stock at $6.00 per share and 1,185,079 shares of its Series B Convertible Perpetual Preferred Stock at $6.00 per share, resulting in an aggregate offering of $14,000,004. […]

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David Baris Quoted in Wall Street Journal Article, “Regulators Intensify Scrutiny of Bank Boards”

July 29, 2015

David Baris was quoted in Victoria McGrane and Jon Hilsnrath’s Wall Street Journal article, “Regulators Intensify Scrutiny of Bank Boards,” on Tuesday, March 31, 2015. Washington’s laser focus on boards has raised concerns banks will have trouble recruiting and retaining qualified directors, stoked by lawsuits brought by the Federal Deposit Insurance Corp. against former directors […]

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David Baris, BuckleySandler Provides Legal Support for Delmarva Bancshares, Inc.’s Acquisition of Easton Bancorp, Inc.

July 29, 2015

BuckleySandler client Delmarva Bancshares, Inc. announced on Tuesday, March 31, 2015 that it has agreed to acquire Eastern Bancorp, the parent company of Easton Bank & Trust Company, for $8 million in cash. Upon completion of the acquisition Easton Bank & Trust will be merged into 1880 Bank. Delmarva projects that the combined organization will […]

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David Baris Quoted in BizBeat Article, “Is Sonabank Board Too Old – Or Just Very Experienced?”

July 29, 2015

David Baris was quoted in Mark Holan’s Washington Business Journal’s BizBeat article, “Is Sonabank Board Too Old – Or Just Very Experienced?” on March 18, 2015. In scrolling though the proxy of Southern National Bancorp of Virginia, the holding company of Sonabank, I was struck by the age of the board, which averages 71.6 years old. Excluding director Neil […]

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David Baris, BuckleySandler Provide Legal Support for Eagle Bancorp, Inc. $100 Million Public Offering

July 29, 2015

BuckleySandler client Eagle Bancorp announced on March 10, 2015 the completion of its previously announced public offering of 2,449,479 shares of its common stock at $35.50 per share. The Company also announced that the underwriter had exercised its over-allotment option in full, resulting in the sale of an additional 367,421 shares of common stock. The […]

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David Baris Quoted in NJ Biz Article, “Community Banks Having Tough Time Filling Boards”

July 29, 2015

David Baris was quoted in Brett Johnson’s NJ Biz article, “Community Banks Having Tough Time Filling Boards,” on February 9, 2015. David Baris, president of the American Association of Bank Directors and a lawyer in a Washington, D.C., firm, has used his national platform to promote a new message – one that goes against that traditional […]

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David Baris Quoted in Bloomberg BNA Article, “Bank Groups, N.C. Bank Commissioner See Policy Rick in Fourth Circuit D&O Case”

July 29, 2015

David Baris was quoted in Chris Bruce’s Bloomberg BNA article, “Bank Groups, N.C. Commissioner See Policy Risk in Fourth Circuit D&O Case,” on February 9, 2015. Banking and business groups, joined by North Carolina’s chief bank regulator, have filed briefs in the U.S. Court of Appeals for the Fourth Circuit urging affirmance of a September decision they say is […]

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David Baris Quoted in Grant’s Interest Rate Observer Article, “Generation ZIRP”

July 29, 2015

David Baris was quoted in James Grant’s Grant’s Interest Rate Observer article, “Generation ZIRP,” on January 23, 2015. David Baris, a partner at BuckleySandler LLP and president of the American Association of Bank Directors, tells me that worries about personal liability do more than merely scare off qualified candidates for bank boards: ‘Undoubtedly,’ Baris says, ‘fear of personal liability has had […]

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