National Bankshares, Inc., the holding company for The National Bank of Blacksburg (“National Bank”), completed its acquisition of Frontier Community Bank (“Frontier”) effective June 1, 2024. Following the transaction, valued at approximately $16.07 million, National Bankshares now operates 27 full-service offices along with two loan production offices, and has approximately $1.8 billion in total assets. Under the previously announced terms of the merger, each share of Frontier common stock was converted into $14.48 in cash...

First Guaranty Bancshares, Inc. announced Michael Mineer has been appointed as First Guaranty Bancshares, Inc. and First Guaranty Bank’s President and CEO. He will succeed Alton Lewis, who announced his retirement at the end of May. Mineer has been a part of the First Guaranty family as the Mideast Area President since 2021 and brings over 35 years of banking experience to his new role. Most recently, Mineer served as President and CEO of Citizens...

Change in Aktia’s Executive Committee – new CEO Aleksi Lehtonen to start in his position, Juha Hammarén becomes Senior Advisor As previously announced, Aktia’s new CEO Aleksi Lehtonen will start in his position on 1 June 2024. At the same time, the current CEO Juha Hammarén will transfer to Senior Advisor, focusing on supporting a smooth transfer of the CEO’s responsibilities to Lehtonen. In his new role, Hammarén will continue as member of the Group’s Executive Committee. Aktia’s life...

XTM Inc. is providing an update to its previously announced management cease trade order (the “MCTO“) granted by the Ontario Securities Commission (the “OSC”) under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“). Pursuant to the MCTO, the Corporation’s CEO, Marilyn Schaffer, and the Corporation’s CFO, Swapan Kakuman, may not trade in securities of the Corporation until such time as the Corporation files its annual audited financial statements, annual management’s discussion and analysis and...