Intermountain Community Bancorp Announces Closing of $47.3 Million Capital Raise

SANDPOINT, Idaho, Jan. 23, 2012 (GLOBE NEWSWIRE) -- Intermountain Community Bancorp, (OTCBB:IMCB) (the "Company"), the holding company of Panhandle State Bank (the "Bank"), today announced that it had successfully closed its previously-announced $47.3 million private capital raise led by Castle Creek Capital Partners IV, L.P. ("Castle Creek") and affiliates of Stadium Capital Management, LLC ("Stadium") through the issuance and sale of shares of common stock at $1.00 per share and a newly-created mand...continued IMCB  Financial bank mortgage

URL: http://www.investorpoint.com/news/INVESTOP/47747106/