|
Integrity Financial Corporation
 |
2006 Update - Financial Institutions Group
|
|
|
|
|
|
|
|
"Without question, McColl Partners' complete knowledge of banking, their interest in understanding the needs of our company, and their attention to detail helped our Board find the right strategy and the right strategic partner."
David E. Cline
Chairman
Integrity Financial Corporation |
“Integrity Financial withstood intense operational challenges and emerged as a stronger franchise. Its merger with FNB Corp. will create a new, powerful, bank holding company in North Carolina.”
Earl E. Jackson III
Managing Director
McColl Partners, LLC |
|
|
|
Deal Summary
McColl Partners, LLC acted as financial advisor to Integrity Financial Corp. (NASDAQ: IFCB) in its sale to FNB Corp. (NASDAQ: FNBN). Integrity is a $666 million bank holding company based in Hickory, North Carolina, with 17 community offices located throughout western North Carolina. The merger will create a $1.8 billion bank holding company with 41 community offices in 17 counties extending from the Sandhills to
the mountains of North Carolina. Jack Jackson and Dick Vader led McColl Partners’ execution of the transaction and were supported by Colby Schwartz and
Jessica Somers.
|
|
|
|
|
|
About Integrity Financial Corporation
Integrity Financial Corp. is the parent company for Catawba Valley Bank and
First Gaston Bank. Based in Hickory, Catawba Valley Bank commenced operations in 1995 and operates 12 community offices in six counties. First Gaston Bank commenced operations in 1995 and operates 5 community offices in Gaston County. As of September 30, 2005, Integrity reported total assets of approximately $666 million.
About McColl Partners
McColl Partners, LLC is an independent investment banking firm specializing in the needs of Financial Institutions and Middle-Market Companies dedicated to offering strategic advice and assistance to its clients regarding mergers, acquisitions, and private capital raising assignments.
To learn more about the capabilities of our Financial Institutions Group, please
contact Jack Jackson (jjackson@mccollpartners.com; 704-731-7199) or
Dick Vader (rvader@mccollpartners.com; 704-731-7198).
More information about McColl Partners can be found at www.mccollpartners.com.
|
|
|
|
