Takeover #7 for 2019 is an 85% winner for us

An 81% winner when the deal closes. Add in dividends receive and its closer to 85%. The deal price is a 32% premium to todays close. Add in the recent Best Hometown bancopr in the Community Bank Stock Investor focus list and that's 7 deals in 2019 with over two months to go!

WEST WARWICK, R.I. and PUTNAM, Conn., Oct. 22, 2019 /PRNewswire/ -- Centreville Bank, a Rhode Island-chartered savings bank, and PB Bancorp, Inc. (NASDAQ Capital Market: PBBI) jointly announced today that they have entered into a definitive merger agreement for Centreville Bank to acquire PB Bancorp and its wholly owned subsidiary, Putnam Bank, in a transaction valued at approximately $115.5 million. The parties anticipate the proposed transaction will close in the first or second quarter of 2020.

Under the terms of the agreement, shareholders of PB Bancorp will receive $15.25 in cash per share. The merger consideration represents approximately 145% of PB Bancorp's tangible book value as of June 30, 2019. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals and approval by the shareholders of PB Bancorp, Inc.

Harold M. Horvat, President, CEO and Chairman of Centreville Bank, stated: "Bringing Putnam Bank into the Centreville Bank family makes great strategic sense, business sense, and cultural sense. Our two organizations share many common traits, including being solid fiscally, making decisions that are customer centric, and having an unwavering commitment to the communities that make up our market area. We feel that our entry into Eastern Connecticut through Putnam Bank is a 'win/win' for both institutions."

"This transaction provides excellent value to our shareholders. We are excited to become part of Centreville Bank and we believe that this partnership will be beneficial to our employees, customers and ...

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Takeover Number 7 is an 85% winner

An 81% winner when the deal closes. Add in dividends receive and its closer to 85%. The deal price is a 32% premium to todays close. Add in the recent Best Hometown bancopr in the Community Bank Stock Investor focus ...

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Another Takeover for the 2019-Best Hometown Bancorp

The stock has been on our buy list all year. Up 42% today



Gary D. Hemmer, President & CEO, First National Bank of Waterloo and its parent company, First Waterloo Bancshares, Inc., and Ron Shambaugh, President & CEO, Best Hometown ...

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Community Bank Stocks-The Boring Way to Get Rich in the Stock Market

I did a 30 minute webinar for the OTC Markets folks last week.Below is the link to view the presentation"

http://bit.ly/2LPkB9D

Then venture over to https://www.marketfy.com/item/banking-on-profit/ and use the coupon code "BANKSTOCKS" to save 50% on your first year. We ...

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Community Bank Stock Investing- The Boring Way to Get Rich in the Stock Market

I did a 30 minute webinar for the OTC Markets folks last week.Below is the link to view the presentation"

http://bit.ly/2LPkB9D

The venture over to https://www.marketfy.com/item/banking-on-profit/ and use the coupon code "BANKSTOCKS" to save 50% on you first year. We ...

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Takeover #5- or should I say take under?

This is a 50% gain for us but the deal is below the closing price yesterday and less than tangible book value. MicaelPrice, Joseph Stilwell, Maltese Capital and Jeffrey Thorp collectively own 37% of the stock and I will be ...

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Takeover #5 70% + gain

A focus bank is acquired

3Rivers Federal Credit Union and West End Bank S.B. Announce Strategic Acquisition Fort Wayne, Indiana and Richmond, Indiana –Three Rivers Federal Credit Union (“3Rivers”), and West End Indiana Bancshares, Inc. (“West End Indiana Bancshares”) (OTC: ...

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Focus Bank Takeover

a 70%+ gain for us when it closes



3Rivers Federal Credit Union and West End Bank S.B. Announce Strategic Acquisition Fort Wayne, Indiana and Richmond, Indiana –Three Rivers Federal Credit Union (“3Rivers”), and West End Indiana Bancshares, Inc. (“West End ...

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Takeover #3 for 2019. 2.8 times return on invested capital.

This is a big one. Its 2.8 times our purchase price for a 27% annualized return. It is a 73% one day gain in the stock! CLBK is not cheap and the earnback is too long so lets just book ...

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Talking Life and Markets With Tim Melvin and Garrett Baldiwn

<iframe allow="autoplay" frameborder="no" height="300" scrolling="no" src="https://w.soundcloud.com/player/?url=https%3A//api.soundcloud.com/tracks/594775878&amp;color=%23ff5500&amp;auto_play=false&amp;hide_related=false&amp;show_comments=true&amp;show_user=true&amp;show_reposts=false&amp;show_teaser=true&amp;visual=true" width="100%"></iframe>
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Talking Life and Markets With Tim Melvin and Garrett Baldiwn

<iframe allow="autoplay" frameborder="no" height="300" scrolling="no" src="https://w.soundcloud.com/player/?url=https%3A//api.soundcloud.com/tracks/594775878&amp;color=%23ff5500&amp;auto_play=false&amp;hide_related=false&amp;show_comments=true&amp;show_user=true&amp;show_reposts=false&amp;show_teaser=true&amp;visual=true" width="100%"></iframe>
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Talking Life and Markets With Tim Melvin and Garrett Baldiwn

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