-
The Louisiana company is the latest out-of-stater to move into the Sunshine State after buying a failed bank in the Florida Panhandle. First NBC's chief executive made it clear his company has more expansion in mind.
January 20 -
The Bancorp in Wilmington, Del., has again delayed the filing of its 2014 annual report and is also late in submitting its first-quarter results, it said in a news release Friday.
May 16 -
MidSouth Bancorp in Lafayette, La., has promoted the son of Chief Executive Rusty Cloutier to president of MidSouth Bank.
June 26
First NBC Bank Holding in New Orleans has delayed the release of its 10-Q, after it discovered an accounting error.
The $4.1 billion-asset company, which has not yet released second-quarter earnings, did not provide an estimated release date for its 10-Q.
The error is related to accounting for certain of First NBC's investments in tax credit entities, the company said in a
First NBC did not specify how the errors were made. The company did not respond to requests for comment.
After First NBC announced the delay of its filing, the law firm Block & Leviton said it will investigate whether the company violated securities laws, attorney Steven Harte said in an interview.
"If First NBC did violate the federal securities laws, it could have many implications including an award of money damages to harmed investors," Harte said.
Three additional law firms also issued news releases announcing investigations of First NBC's delay.
