October 24, 2014 4:45 AM ET


Company Overview of Standard Bancshares, Inc.

Company Overview

Standard Bancshares, Inc. operates as a bank holding company for Standard Bank and Trust Company that offers personal and commercial banking services. Standard Bancshares, Inc. was incorporated in 1982 and is based in Hickory Hills, Illinois.

7800 West 95th Street

Hickory Hills, IL 60457

United States

Founded in 1982





Key Executives for Standard Bancshares, Inc.

Vice Chairman
Compensation as of Fiscal Year 2014.

Standard Bancshares, Inc. Key Developments

Standard Bancshares, Inc. Appoints Robert A. Rosholt and Allen Koranda to the Board of Directors

Standard Bancshares, Inc. announced that veteran Chicago area bankers Robert A. Rosholt and Allen Koranda have formally joined its board of directors, and that Mr. Rosholt has been named lead independent director. Mr. Rosholt formerly served as Executive Vice President and Chief Financial Officer at First Chicago, First Chicago NBD, and Bank One, and is currently Chairman of the Board of HCC Insurance Holdings, Inc. Mr. Koranda is the former Chairman and CEO of MAF Bancorp, Inc.

Taylor Capital, Standard Bancshares And Community Financial Seeks Acquisitions

Mark Hoppe, Chief Executive of Taylor Capital Group Inc. said that the company raised $100 million in preferred equity in a public effort. A part of the proceeds will be used to make in-market acquisitions for growth and expansion of its nine-branch network. Standard Bancshares, Inc. and Community Financial Shares Inc are also looking to raise capital for further acquisitions and cure problems resulting from the volatile economic conditions.

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