First NBC Bank

First NBC Bank was established on May 19, 2006, initially under the name First NBC Bank. The institution underwent a significant transition when it changed its trust powers to full status on the same day of its establishment. Over the following years, First NBC Bank expanded its operations through a series of acquisitions, including Dryades Savings Bank in New Orleans, Louisiana, on November 30, 2010, and Central Progressive Bank in Lacombe, Louisiana, on November 18, 2011, both as part of government-assisted mergers. On the same date, the bank changed its name to First NBC Bank. Subsequent acquisitions included First National Bank of Crestview in Crestview, Florida, on January 16, 2015, and State-Investors Bank in Metairie, Louisiana, on December 1, 2015. However, the bank faced financial difficulties and ultimately failed on April 28, 2017, leading to its merger with government financial assistance.

Below is a list of some important events in banks history, including mergers and acquisitions.

2006-05-19Institution established. Original name: First Nbc Bank.

2006-05-19Changed Trust Powers to Full.

2010-11-30Acquired Dryades Savings Bank, F.s.b. in New Orleans, LA.

2011-11-18Acquired Central Progressive Bank in Lacombe, LA as part of a government assisted merger.

2011-11-18Changed Institution Name to First Nbc Bank.

2015-01-16Acquired First National Bank of Crestview in Crestview, FL as part of a government assisted merger.

2015-12-01Acquired State-Investors Bank in Metairie, LA.

2017-04-28Failed. Merged with government financial assistance,.