February 18, 2018 6:10 AM ET

Banks

Company Overview of First NBC Bank

Company Overview

As of April 28, 2017, First NBC Bank was acquired by Whitney Bank, (Gulfport, MS).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 traditiona...

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

First NBC Bank does not have any Key Executives recorded.

First NBC Bank Key Developments

First NBC Bank Announces Executive Changes

On April 20, 2017, First NBC Bank took action to appoint Brad Calloway as chief credit officer, subject to and effective upon the receipt of applicable regulatory approvals. Mr. Calloway would succeed William J. Burnell, who had served as Senior Executive Vice President and chief credit officer of the company and bank since inception. Prior to joining the bank, he served in various officer roles at the former First Commerce Corporation, including as commercial lending officer, regional branch manager, private banking manager, and commercial special assets officer, and at Hibernia Bank, where he served as a loan review officer and special assets officer.

First NBC Bank Holding Company and First NBC Bank Announces Executive Changes

The Boards of Directors of First NBC Bank Holding Company and First NBC Bank took action to appoint Chief Executive Officer Carl J. Chaney to serve in the dual capacity as President of the company and Bank, subject to any required regulatory approvals. Mr. Chaney succeeds Ashton J. Ryan, Jr., who had been serving as President of the company and Bank, who resigned his position, effective April 6, 2017. Mr. Ryan will continue to serve the Bank in an advisory capacity. Mr. Ryan also resigned his position on the Boards of Directors of the company and Bank, effective April 6, 2017. The company has announced that it received the non-objection of the Federal Reserve Bank of Atlanta by letter dated March 27, 2017 with respect to the Company's appointment of Carl J. Chaney as Chief Executive Officer of the Company. The Louisiana Office of Financial Institutions and the Federal Deposit Insurance Corporation had previously issued their respective approvals or non-objections with respect to the appointment of Carl J. Chaney as Chief Executive Officer of the Bank. Pending such approvals, Mr. Chaney had been serving in a consulting capacity with the Company and Bank.

First NBC Bank Announces Management Changes

First NBC Bank president and CEO, Ashton Ryan Jr., gave up his title of CEO and chairman of the board. Carl Chaney, former CEO of Hancock Holding, has been named as CEO of First NBC while Ryan retains the position of president.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 28, 2017
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