Preferred Stock Offerings
By Ru Back Packer Staff, updated Thursday, February 1, 6:30 AM
Slide #209. SB Financial Group, Inc. — Preferred Stock Offering
||SB Financial Group, Inc. (NASDAQ:SBFG)
|Preferred Stock Offering Details:
||SB Financial Group, Inc. (NASDAQ: SBFG) (the "Company"), a diversified financial services company providing full-service community banking, mortgage banking, wealth management and item processing services, announced today that the Company filed a Registration Statement on Form S-1 with the Securities and Exchange Commission (the "SEC") on September 22, 2014. The registration statement describes the Company's intent to raise up to $15,000,000 pursuant to a proposed public offering of up to 1,500,000 depositary shares, each representing a 1/100th interest in a Noncumulative Convertible Perpetual Preferred Share, Series A, of the Company with a liquidation preference of $1,000 per share (equivalent to $10.00 per depositary share). A minimum of 1,000,000 depositary shares ($10,000,000) must be sold by the Company to complete the offering.
SB Financial Group is a bank holding company. Through its direct and indirect subsidiaries, Co. is engaged in a variety of activities, including commercial banking, item processing, and wealth management services. Co.'s subsidiary, The State Bank and Trust Company, provides commercial banking services; automatic teller machines; commercial, consumer, agricultural and residential mortgage loans; personal and corporate trust services; commercial leasing; bank credit card services; safe deposit box rentals; Internet banking; private client group services; and other personalized banking services. As of Dec 31 2016, Co. had total assets of $816.0 million and total deposits of $673.1 million.
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||SB Financial Group Inc
||Banking & Savings
|Number of ETFs Holding SBFG:
||1 (see which ones)
|Total Market Value Held by ETFs:
|Total Market Capitalization:
|% of Market Cap. Held by ETFs:
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