December 10, 2016 1:02 AM ET

Banks

Company Overview of First NBC Bank

Company Overview

First NBC Bank provides personal and business banking products and services. Its personal banking services include checking accounts, savings accounts, money market accounts, certificates of deposit and IRAs, consumer loans and lines of credit, and convenience services. The company’s business banking services include checking accounts, savings accounts, money market accounts, certificates of deposit, business loans and lines of credit, cash management, and convenience services. It also provides a suite of trust and institutional services, such as agency, custodial, investment, escrow, retirement, and traditional banking services to personal clients, corporations, unions, non-profit organizat...

210 Baronne Street

New Orleans, LA 70112

United States

Founded in 2006

Phone:

504-566-8000

Fax:

504-671-3485

Key Executives for First NBC Bank

Chief Executive Officer, President and Director
Age: 66
Interim Chief Executive Officer and Director
Chief Financial Officer and Senior Executive Vice President
Age: 69
Interim Chief Operating Officer and Chief Compliance Officer
Age: 54
Vice Chairman and Chief Trust Officer
Compensation as of Fiscal Year 2016.

First NBC Bank Key Developments

First NBC Bank Holding Company Announces Leadership Transition Plan to Strengthen Operations

First NBC Bank Holding Company announced a leadership transition plan designed to strengthen the company’s operations and to best position First NBC for the future. As part of its ongoing review of management and internal controls, the First NBC Board of Directors has announced its intent, subject to regulatory approvals, to: Separate the roles of Chief Executive Officer and President, with Ashton J. Ryan Jr. continuing as President and a member of the Boards of Directors of First NBC Bank and First NBC Bank Holding Company; Appoint Hermann 'Buck' Moyse, III, as Interim Chief Executive Officer of First NBC Bank and First NBC Bank Holding Company; and Appoint Marsha S. Crowle as Interim Chief Operating Officer of First NBC Bank and First NBC Bank Holding Company. Ms. Crowle will continue to serve as Chief Compliance Officer.

First NBC Bank Reports Unaudited Earnings Results for the Third Quarter Ended September 30, 2016

First NBC Bank reported unaudited earnings results for the third quarter ended September 30, 2016. For the quarter, the bank reported preliminary net income of $9.7 million as compared to $12.3 million for the third quarter of 2015 and $4.9 million for the second quarter of 2016. The bank’s preliminary net interest income totaled $39.6 million, an increase of $5.1 million or 14.9% from the third quarter of 2015.

First NBC Bank Announces Executive Appointments

First NBC Bank has named Jeffery J. Arnold as senior vice president and director of institutional banking and Kevin P. Reed as an executive vice president and director of trust and wealth management department.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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