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Friday,  May 10. 2013                        For Immediate Release

 

FIRST NBC BANK HOLDING COMPANY ANNOUNCES PRICING 

OF ITS INITIAL PUBLIC OFFERING

First NBC Board at Wall Street
First NBC Bank Board members Dale Atkins (yellow), Charles Teamer (AA Male front row) joins President Ashton Ryan in ringing of bell on Wall Street

 

First NBC Board Members Dale Atkins and Charles Teamer participate in ringing of bell on Wall Street 
 
 

NEW ORLEANS - First NBC Bank Holding Company ("First NBC"), the holding company for First NBC Bank, today announced the pricing of its initial public offering of 4,166,667 shares of common stock at a price to the public of $24.00 per share.  The common stock has been approved for listing on the NASDAQ Global Select Market and is expected to begin trading on May 10, 2013, under the symbol "NBCB." The offering is expected to close on May 15, 2013. The underwriters have a 30-day option to purchase up to an additional 625,000shares from First NBC at the initial public offering price, less the underwriting discountto cover over-allotments, if any.  Sandler O'Neill & Partners, L.P. and Keefe, Bruyette & Woods, Inc. are serving as joint bookrunning managers, and Sterne, Agee & Leach, Inc., FIG Partners, LLC and Monroe Financial Partners, Inc. are serving as co-managers for the offering.  The offering is being made only by means of a prospectus.  Copies of the prospectus may be obtained by contacting: Sandler O'Neill + Partners, L.P. at toll-free 1-866-805-4128 or by emailing syndicate@sandleroneill.com or Keefe, Bruyette & Woods at capitalmarketsequity@kbw.com.

 

 

A registration statement relating to these securities has been filed with the Securities and Exchange Commission and was declared effective by the SEC on May 9, 2013.

 

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

ABOUT FIRST NBC:

 

              First NBC Bank Holding Company is a bank holding company, headquartered in New Orleans, Louisiana, which offers a broad range of financial services through its wholly-owned subsidiary, First NBC Bank.  The bank serves its customers from its main office in the Central Business District of New Orleans, 31 full service branch offices located throughout its market and a loan production office in Gulfport, Mississippi.  Established in 2006, First NBC had assets of approximately $2.8 billion as of March 31, 2013.

 

Source:  First NBC Bank Holding Company

 

 

 

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Statement from Orleans Parish Sheriff Marlin Gusman Regarding DA Indictment of Inmates Formerly Housed in 2009 in the Now-Closed HOD  

NEW ORLEANS - Following is a statement from Orleans Parish Sheriff Marlin Gusman regarding the decision by Orleans Parish District Attorney Leon Cannizzaro to indict 14 inmates for contraband and other activities in 2009, while housed in the now-closed House of Detention:

 

"I am pleased with the results that followed my request of 

Sheriff N. Gusman, Orleans Parish Criminal Sheriff

District Attorney Cannizzaro to investigate this matter impartially. My office cooperated fully with the District Attorney on this investigation.

 

Our office will continue to work with the DA to pursue prosecution of these individuals to the fullest extent of the law."

 

 

About the Orleans Parish Sheriff's Office

 

The Orleans Parish Sheriff's Office (OPSO) operates the Parish jail facilities, providing for the care, custody and control of incarcerated subjects. The Sheriff's Office execu

tes all writs, orders, and processes of the Traffic, Municipal, Civil and Criminal courts. Sheriff's Deputies are peace officers with the full authority to conduct criminal investigations and make arrests within Orleans Parish.

 

 

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Orleans Parish Prison's Medical Department Achieves Accreditation

Department meets high standards for medical facilities in jails

NEW ORLEANS - Orleans Parish Sheriff Marlin N. Gusman today
announced that Orleans Parish Prison's Medical Department has been awarded full accreditation by the National Commission on Correctional Health Care. The award is good through 2016.

 

The NCCHC said it renewed the accreditation of OPP's Medical Department for its "100% compliance" with standards for medical and mental health services in jails. These standards are designed to help correctional facilities improve the health of inmates and the communities to which they return.

 

"Achieving an award like this requires teamwork," Sheriff Gusman said. "We have a great team headed by Dr. Samuel Gore and we're proud of the contributions from our clinical and administrative staff."

 

Orleans Parish Prison is one of only three jails in Louisiana that has received NCCHC accreditation.

 

 

About the Orleans Parish Sheriff's Office

 

The Orleans Parish Sheriff's Office (OPSO) operates the Parish jail facilities, providing for the care, custody and control of incarcerated subjects. The Sheriff's Office executes all writs, orders, and processes of the Traffic, Municipal, Civil and Criminal courts. Sheriff's Deputies are peace officers with the full authority to conduct criminal investigations and make arrests within Orleans Parish.

 

 

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CITY ANNOUNCES SECOND ROUND OF SMALL BUSINESS ASSISTANCE FUND LOAN PROGRAM
NewCorp

 A partnership between NewCorp, Incorporated  and the City of New Orleans

 

NEW ORLEANS - The City's Office of Economic Development has launched the second round of the Small Business Assistance Fund (SBAF) loan program, a financing opportunity created by Landrieu Administration in partnership NewCorp, Inc. to support the growth of new and existing small businesses.

 

The application period will extend through June 14, 2013. SBAF applications are currently available online at www.newcorpinc.com.

 

"Small businesses are the backbone of our economy, so we welcome any opportunity to support growing businesses that create good-paying jobs and access to economic prosperity," Mayor Landrieu said.  "This program is about creating access to capital for these small businesses."

The SBAF is partially funded by the City of New Orleans Economic Development Fund, a partnership between the City and the NewCorp, Inc., which is the local Community Development Financial Institution selected to administer the program.

 

The program provides eligible small businesses with 8% interest rate loans ranging from $10,000 to $100,000 for operating capital and equipment purchases. The maximum term of the loan is up to 84 months and will depend on the financing needs of the borrower.

 

To be eligible, participants must meet the following requirements:

  • Domiciled in Orleans Parish;
  • Demonstrate that it has been unable to access capital from traditional lending sources;
  • Demonstrate financial and economic viability to spur growth and employ New Orleans residents; and
  • Provide living-wage employment and ownership opportunities to low-to-moderate income communities.

In the first round of the SBAF loan program, nine local businesses were approved for loans totaling $614,700. The loans will be used for operating capital, equipment purchases and expansion plans, and are expected to generate 23 new jobs.

 

Loan recipient Derrick Tabb, a member of the Grammy Award winning Rebirth Jazz Band and director of Roots of Music, will use funding from the program to purchase equipment to furnish equipment for the Treme Recording Studio, a startup music studio that will cater to all genres, including hip-hop, jazz and R&B.

 

 

Click here for a complete list of recipients of the first round of SBAF loans. 

 

"We are very excited that the first round of the program was successful in lending funds to the targeted recipients. I believe that this partnership with the City of New Orleans and NewCorp will continue to enhance these small businesses through financing and on-going technical assistance," said Vaughn Fauria, President and Executive Director of NewCorp, Inc. "This innovative program will continue to provide the small business person and the entrepreneurial community opportunities to access resources and finances that have been previously unavailable to many."

Aimee Quirk, advisor to the Mayor for Economic Development, said, "We are very excited to again offer this resource to our local businesses. Our local businesses are tremendous and essential partners in the rebuilding of our city and any tools we can provide them to ensure their success means a win for the entire city."

 

The City and NewCorp will hold a program information session to provide details on the program and walk business owners through the application process. Prospective SBAF loan applicants should plan to attend one of the sessions listed below or sessions that will be scheduled by NewCorp.

 

The following is the list of currently scheduled information sessions:

 

District A

Robert E. Smith Library
6301 Canal Boulevard
New Orleans, LA 70124
Date: May 6, 2013
Time: 6pm - 7pm

 

District B
Rosa F. Keller Branch & Community Center
4300 S. Broad Street
New Orleans, LA 70119
Date: May 9, 2013

Time: 6pm - 7pm

 

District C
Algiers Regional Library
3014 Holiday Drive
New Orleans, LA 70131
Date: May 13, 2013

Time: 6pm - 7pm

 

District D
Norman Mayer Library
3001 Gentilly Boulevard
New Orleans, LA 70122
Date: May 14, 2013

Time: 6pm - 7pm

 

District E
East New Orleans Library

5641 Read Boulevard
New Orleans, LA 70127
Date: May 15, 2013
Time: 6pm - 7pm

 

For additional program information and questions about program eligibility, please contact NewCorp, Inc. at 504-208-1700 or sbaf@newcorpinc.com.

 

 


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The Historic Carver Theater

Performing Arts Center

Touching the future without disturbing the past!

  
  
Carver Theater Rendering
2101 Orleans Avenue, New Orleans, LA 70116
Opening November 2013

 

Welcome back to the historic Carver Theater; during the 1950's hailed as "America's finest theater exclusively for colored patrons" with the latest in technology, architectural designs, and the finest amenities.  Return as history moves forward with the installation of the Carver Theater's new state-of-the-art natural sounding Meyer Sound; an extraordinary breakthrough in sound technology which provides the  optimal acoustical experience.

Re-designed as a live performance entertainment venue primarily focus on jazz, big band ensembles, chamber music, operetta, musicals, stage plays, dance recitals, and Off-Broadway Shows; the fully renovated 16,000-square-foot theater with the "finest amenities" will comfortably seat approximately 600 guests with the ability to accommodate a greater number for non-seated performances and special events. The beamless construction and flat flooring design provides for an obstruction less view and present endless opportunities for various productions.

State of the arts technology and the development of acoustical sound barriers designed to prevent the intrusion or extrusion of sound during performances allow the Carver to create the proper ambience for live audio and video recordings by the music, film, and entertainment industry.  Located just blocks from the French Quarter, proximal to downtown New Orleans, the Carver serves as an excellent location for music conferences, film festivals, screenings, and other arts related events.

Welcome Back to the Historic Carver Theater!

 

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Introducing Mobile Banking at Liberty Bank

 
Liberty Bank Mobile Banking
 

 

 

 

 

 

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Liberty Bank Freedom Effect

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Metro Disposal - Comprehensive Waste Management

 

 

Entergy New Orleans

 

 
_______________________________________________________
About The New Orleans Agenda
Vincent T. Sylvain
Vincent T. Sylvain, Publisher
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The New Orleans Agenda
Vincent Sylvain
Publisher

504-232-3499

Vincent@SylvainSolutions.com 

www.NewOrleansAgenda.com

 

Opinions expressed on this mailing are not necessarily the views of The New Orleans Agenda or that of POLICAMP, Inc. unless explicitly stated.