American Community Bancshares Inc.

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american community bancshares inc. - All News and Analysis

• Shareholders Approve Yadkin Valley Financial's Merger With American Community Bancshares

  - 2009-04-16

  Shareholders of Yadkin Valley FinancialCorporation (NASDAQ: YAVY) and American Community Bancshares, Inc. (NASDAQ: ACBA) today approved the merger of American Community Bancshares, Inc.,with and into Yadkin Valley Financial Corporation. The mergers of both theholding companies and the subsidiary banks are expected to close on April17, 2009. The combined company will...

• Yadkin Valley Financial and American Community Remind Shareholders of the Importance of Voting for the Proposed Merger

  - 2009-04-08

  On April 1, 2009, Yadkin Valley FinancialCorporation (NASDAQ: YAVY) and American Community Bancshares, Inc. (NASDAQ: ACBA) filed with the Securities and Exchange Commission (the "SEC") asupplement to their joint proxy statement/prospectus. Shareholders whohave not yet received a supplement may obtain a copy online at http://www.yadkinvalleybank.com under "Documents" within...

• Yadkin Valley Financial and American Community Bancshares Reconvene Special Shareholders' Meetings

  - 2009-04-01

  Yadkin Valley Financial (NASDAQ: YAVY) andAmerican Community Bancshares (NASDAQ: ACBA) will reconvene their specialmeetings of shareholders to vote on a proposal to adopt their previouslyannounced merger agreement. Details of the meetings are as follows: Special Meeting of Yadkin Valley Shareholders:...

• American Community Bancshares Adjourns Shareholder Meeting

  - 2009-02-27

  American Community Bancshares, Inc. (NASDAQ: ACBA) announced that American Community's board of directors hasunanimously agreed to adjourn its special meeting of shareholders for itsshareholders to vote on the proposed merger with Yadkin Valley FinancialCorporation. As previously announced, the board of directors of YadkinValley Financial Corporation (NASDAQ: YAVY) has also...

• Yadkin Valley Financial Announces Adjournment of Its Special Shareholders Meeting

  - 2009-02-23

  Yadkin Valley Financial Corporation (NASDAQ: YAVY) today announced that its board of directors has unanimously agreedwith one abstention to adjourn the special meeting of its shareholdersfor approximately two weeks after the originally scheduled meeting date inorder to provide updated disclosures to its shareholders. Because theoriginal proxy materials were mailed...

• Yadkin Valley Financial Corporation Receives Regulatory Approvals for American Community Bancshares Merger

  - 2009-02-05

  Yadkin Valley Financial Corporation (NASDAQ: YAVY) announced that it has received the approval by the Federal DepositInsurance Corporation ("FDIC"), which was received in addition to thepreviously announced approvals by the North Carolina Commissioner of Banksand the Federal Reserve for its merger with American Community Bancshares(NASDAQ: ACBA). "We are pleased that...

• Yadkin Valley Financial Corporation Announces Record Date for Special Meeting on Merger With American Community Bancshares

  - 2009-01-13

  Yadkin Valley Financial Corporation (NASDAQ: YAVY) today announced that it has established a record date for a specialmeeting of its shareholders to vote on a proposal to adopt the previouslyannounced merger agreement between Yadkin Valley and American CommunityBancshares, Inc. Yadkin Valley shareholders of record at the close ofbusiness on Thursday,...

• Elkin.(Triad)

  - 2008-11-01

  ELKIN -- Yadkin Valley Financial will pay $92 million for Charlotte-based American Community Bancshares and its 13 branches. Its subsidiary American Community Bank, will keep its name...

• Yadkin Valley Financial Corporation to Acquire American Community Bancshares

  - 2008-09-10

  Yadkin Valley FinancialCorporation (NASDAQ: YAVY) and American Community Bancshares, Inc.,(NASDAQ: ACBA) today announced that they have entered into a definitiveagreement whereby Yadkin Valley Financial Corporation and its wholly ownedsubsidiary, Yadkin Valley Bank and Trust Company will acquire AmericanCommunity Bancshares, Inc., and its subsidiary, American Community Bank, ina transaction with a...

• Largest Shareholder in American Community Bancshares Calls for Sale of Bank, Board Action in SEC Filing

  - 2007-09-07

  MIAMI -- The largest shareholder in American Community Bancshares, Inc. (NASDAQ:ACBA) yesterday asked the board of directors of the Charlotte-based bank to consider selling the financial institution due to its prolonged poor performance. Marla Braun of Miami, who owns 475,862 shares, representing 6.8% of the outstanding shares, filed...