First Capital Bank definition
Examples of First Capital Bank in a sentence
Georgia; to acquire additional voting shares of First Capital Bancorp, Inc., Norcross, Georgia, and thereby indirectly acquire First Capital Bank, Norcross, Georgia.
At the Effective Time of the Merger (i) at will employees of FCB will continue to be at will employees of EVBS, and (ii) at will employees of First Capital Bank, will continue to be at will employees of First Capital Bank.
The business of Park Sterling Bank after the Bank Merger shall continue to be that of a North Carolina state-chartered bank and shall be conducted at its main office located at Charlotte, North Carolina and at its legally established branches within and outside the State of North Carolina, including the branches acquired from First Capital Bank as a result of the Bank Merger.
True and correct copies of the Articles of Incorporation and Bylaws of First Capital Bank, as each may be amended to the date hereof, have been made available to EVBS.
After the Bank Merger has become effective, Park Sterling Bank shall be liable for all the liabilities of every kind and description, including liabilities arising from the operation of a trust department, of each of Park Sterling Bank and First Capital Bank existing as of the Effective Time.
On November 15, 2004, however, the Company merged its two wholly-owned banking subsidiaries (the “Bank Merger”), First Capital Bank and Chattahoochee National Bank, with First Capital Bank surviving the Bank Merger.
FCB has previously disclosed to EVBS a listing of all securities owned, of record or beneficially, by FCB or First Capital Bank as of December 31, 2008.
First Capital Bank is a financial institution duly organized, validly existing and in good standing under the Laws of the State of Georgia.
FCB will furnish to EVBS, promptly after the preparation and/or receipt by FCB thereof, copies of its unaudited periodic financial statements and call reports for the applicable periods then ended, and such financial statements and call reports shall, upon delivery to EVBS, be treated, for purposes of Section 3.3 hereof, as the Financial Statements of FCB and the Call Reports of First Capital Bank, respectively.
As a result of the Holding Company Merger, First Capital Bank, a wholly-owned subsidiary of Old FCBI, became a wholly-owned subsidiary of the Company while Chattahoochee National Bank continued to be a wholly-owned subsidiary of the Company.