| Source: First Citizens Bank; Capital Commerce Bancorp, Inc.
RALEIGH, N.C., and MILWAUKEE, Sept.  06, 2018  (GLOBE NEWSWIRE) -- First-Citizens Bank & Trust Company (First Citizens Bank) and Capital Commerce Bancorp, Inc. announced today that Capital Commerce shareholders have approved First Citizens’ pending acquisition of Capital Commerce and its Securant Bank & Trust subsidiary. At a meeting held today, the shareholders of Milwaukee, Wis.-based Capital Commerce voted to approve the merger agreement with Raleigh, N.C.-headquartered First Citizens Bank. Subject to the receipt of regulatory approvals and the satisfaction or waiver of other customary closing conditions, the merger is expected to become effective in the fourth quarter of 2018. After the merger, Securant branch offices will initially operate as Securant Bank, a division of First Citizens Bank. Customers should bank as they normally do at their existing branches. Securant’s customer accounts will be converted to First Citizens Bank’s systems and operations at a later date. David A. Davis, president and chief executive officer of Capital Commerce Bancorp, said: “We sincerely appreciate our shareholders’ positive vote and now look forward to the final step, which is the completion of the transaction. We’re happy to have partnered with a company that shares a similar heritage of century-long banking and a commitment to customer service.”
Frank B. Holding Jr., chairman and chief executive officer of First Citizens Bank, said: “We’re pleased with today’s vote and the opportunity to further grow our presence in Wisconsin. In addition to retail banking, this merger will allow us to combine our companies’ strong focus on business and commercial banking to better serve the market. We look forward to the completion of this transaction, a smooth transition and welcoming Securant associates and customers to First Citizens.”
As of July 31, 2018, Capital Commerce Bancorp reported $226 million in consolidated assets, $174 million in deposits and $191 million in gross loans. With headquarters in Menomonee Falls, Securant Bank was formed in 1914 and offers personal and business banking products and services through four branch locations in Hartland, Milwaukee, Menomonee Falls and Slinger. First Citizens Bank currently operates 10 branches in the greater Milwaukee area. About First Citizens Bank
Founded in 1898 and headquartered in Raleigh, N.C., First Citizens Bank serves customers at more than 500 branches in 19 states. First Citizens Bank is a wholly owned subsidiary of First Citizens BancShares, Inc. (Nasdaq: FCNCA), which has $35 billion in assets. For more information, call toll free 1.888.FC DIRECT (1.888.323.4732) or visit www.firstcitizens.com . First Citizens Bank. Forever First®. About Capital Commerce Bancorp, Inc. and Securant Bank & Trust
Capital Commerce Bancorp, Inc.is a privately held bank holding company headquartered in Wisconsin. It is the holding company for Securant Bank & Trust, which was formed in 1914 and currently offers services through locations in Hartland, Milwaukee, Menomonee Falls and Slinger. For more information, visit www.securantbank.com . Disclosures About Forward Looking Statements
This Press Release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933. For the purposes of these discussions, any statements that are not statements of historical fact may be deemed to be forward looking statements. Such statements are often characterized by the use of qualifying words such as "expects," "anticipates," "believes," "estimates," "plans," "projects," or other statements concerning opinions or judgments of Capital Commerce Bancorp, Inc. and First Citizens Bank and their managements about future events. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those described in the statements. Forward-looking statements in this Press Release include statements regarding Capital Commerce Bancorp’s and First Citizens Bank’s expectations regarding the benefits of the merger, and when the merger will be completed. The accuracy of such forward-looking statements could be affected by factors beyond Capital Commerce Bancorp’s and First Citizens Bank’s control, including, but not limited to, difficulties experienced in the integration of the businesses of Capital Commerce Bancorp and First Citizens Bank, delays in the receipt of regulatory approvals that must be received before the merger may be completed, and delays in the satisfaction or waiver of other remaining conditions to the consummation of the merger. Additional factors that could cause actual results to differ materially from those anticipated by forward-looking statements are discussed in Capital Commerce Bancorp’s Proxy Statement for its special meeting of shareholders held on Sept. 6, 2018. Capital Commerce Bancorp and First Citizens Bank undertake no obligation to revise or update these statements following the date of this Press Release. Contacts:

Capital Commerce Bancorp, Inc. Shareholders Approve Proposed Merger With First Citizens Bank

| Source: First Citizens Bank
RALEIGH, N.C., Aug.  14, 2018  (GLOBE NEWSWIRE) -- First Citizens Bank announced that its Guaranty Bank division (which also conducts business as BestBank) based in Milwaukee, Wisconsin, has completed its conversion to First Citizens’ operations and systems. “This successful conversion represents our continued commitment to serving Guaranty Bank and BestBank customers,” said Frank B. “We look forward to building on the solid foundation we have in place as we continue to grow our company.”
The transition of the Guaranty Bank/BestBank division to First Citizens Bank follows completion of a conversion that puts both banks on the same operational and technical systems and aligns customer accounts to First Citizens products and services. Effective Monday, Aug. 13, the former Guaranty Bank/BestBank division branches now carry the First Citizens Bank name. Signs at the former Guaranty Bank/BestBank division offices were changed to First Citizens Bank. “We’re excited about further establishing the First Citizens Bank brand in Wisconsin and building stronger customer and community partnerships in the days ahead,” Holding said. “Now that the conversion to First Citizens’ systems is complete, retail customers will enjoy our full range of products and services. In addition, business and commercial customers will benefit from new online capabilities and will have greater access to our enhanced offerings.”
In Wisconsin, customers can now bank at any of the 10 First Citizens branches in the greater Milwaukee area. The conversion includes nine former Guaranty Bank division branch locations. The bank’s Northridge branch at 7901 West Brown Deer Road in Milwaukee closed on Friday, Aug. 10, in conjunction with the conversion. (First Citizens also operates one branch from a previous, separate acquisition – making a total of 10 branches in the market.)  
In Georgia, the conversion included one BestBank branch located in Decatur. BestBank customers can now bank at any of First Citizens’ 13 locations in the greater Atlanta area. Also, these customers can conduct banking services at any location in First Citizens’ 19-state branch network, through First Citizens Digital Banking (online and mobile), by ATM and telephone. Information detailing the conversion and transition to First Citizens Bank was mailed to Guaranty Bank/BestBank customers in June. Background
On May 5, 2017, the Office of the Comptroller of the Currency (OCC) closed Guaranty Bank (which also conducted business as BestBank) and appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. That day, First Citizens Bank announced an agreement with the FDIC to purchase certain assets and assume certain liabilities of Guaranty Bank, which at that time became a division of First Citizens Bank. In a separate transaction, on June 27, 2018, First Citizens Bank and Capital Commerce Bancorp, Inc. of Milwaukee, Wis., announced the signing of a merger agreement. Capital Commerce Bancorp provides personal and business banking products and services through its subsidiary, Securant Bank & Trust, which has four locations in Hartland, Milwaukee, Menomonee Falls and Slinger, Wis. The proposed merger is expected to close no later than the fourth quarter of 2018, subject to the receipt of regulatory approvals and the approval of Capital Commerce Bancorp shareholders. About First Citizens
Founded in 1898 and headquartered in Raleigh, N.C., First Citizens Bank is the largest family-controlled bank in the U.S., with more than 500 offices in 19 states. First Citizens Bank is a wholly owned subsidiary of First Citizens BancShares, Inc. (Nasdaq: FCNCA), which has more than $35 billion in assets. For more information, call toll free 1.888.FC DIRECT (1.888.323.4732) or visit firstcitizens.com . First Citizens Bank. Forever First®.

First Citizens Bank Completes Conversion of Guaranty Bank / BestBank Division

Guaranty Bank owner expanding market presence
https://www.biztimes.com/2018/industries/banking-finance/securant-bank-to-be-acquired-by-first-citizens-bank/
Raleigh, North Carolina-based First-Citizens Bank & Trust Co. has agreed to acquire Milwaukee-based Capital Commerce Bancorp Inc., the parent company of Securant Bank & Trust . The transaction is expected to close by the fourth quarter, pending regulatory and shareholder approvals. First-Citizens has agreed to pay out $4.75 per share to Capital Commerce shareholders, but did not disclose the total acquisition price. Established in 1914, Menomonee Falls-based Securant has branches in Menomonee Falls, Hartland, Slinger and on Milwaukee’s northwest side. It has $216 million in total assets, $171 million in deposits and $181 million in gross loans. It is business as usual for Securant customers until the transaction closes. The bank will eventually join First-Citizens operations. “Like Securant, First Citizens has a long and illustrious history, and we share a similar foundation of core values,” said David Davis, president and chief executive officer of Capital Commerce. “The two companies are very well suited for one another. We believe this merger is in the best interests of our shareholders, customers and employees. Our customers will benefit from First Citizens’ wide offering of retail products and services and their deep business and commercial banking experience.”
First-Citizens last year acquired Brown Deer-based Guaranty Bank after it was shut down by federal regulators. First-Citizens now operates 11 Milwaukee-area branches, one of which is from a previous acquisition. The other 10 branches are still under the Guaranty Bank name, but will undergo a name change and systems conversion in early August. First-Citizens has more than 500 branches in 19 states and its parent company First Citizens BancShares has $34 billion in assets. “This agreement will allow us to expand our presence and enhance our banking efforts — especially our business and commercial focus — in the Greater Milwaukee area,” said Frank Holding Jr., chairman and CEO of First-Citizens. “Combining with a bank like Securant that has a similar history, mission and purpose is a natural fit and will create value for shareholders and customers alike. Securant has a tremendous banking heritage, and we look forward to building on what they’ve accomplished.”
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Raleigh, North Carolina-based First-Citizens Bank & Trust Co. has agreed to acquire Milwaukee-based Capital Commerce Bancorp Inc., the parent company of Securant Bank & Trust . The transaction is expected to close by the fourth quarter, pending regulatory and shareholder approvals. First-Citizens has agreed to pay out $4.75 per share to Capital Commerce shareholders, but did not disclose the total acquisition price. Established in 1914, Menomonee Falls-based Securant has branches in Menomonee Falls, Hartland, Slinger and on Milwaukee’s northwest side. It has $216 million in total assets, $171 million in deposits and $181 million in gross loans. It is business as usual for Securant customers until the transaction closes. The bank will eventually join First-Citizens operations. “Like Securant, First Citizens has a long and illustrious history, and we share a similar foundation of core values,” said David Davis, president and chief executive officer of Capital Commerce. “The two companies are very well suited for one another. We believe this merger is in the best interests of our shareholders, customers and employees. Our customers will benefit from First Citizens’ wide offering of retail products and services and their deep business and commercial banking experience.”
First-Citizens last year acquired Brown Deer-based Guaranty Bank after it was shut down by federal regulators. First-Citizens now operates 11 Milwaukee-area branches, one of which is from a previous acquisition. The other 10 branches are still under the Guaranty Bank name, but will undergo a name change and systems conversion in early August. First-Citizens has more than 500 branches in 19 states and its parent company First Citizens BancShares has $34 billion in assets. “This agreement will allow us to expand our presence and enhance our banking efforts — especially our business and commercial focus — in the Greater Milwaukee area,” said Frank Holding Jr., chairman and CEO of First-Citizens. “Combining with a bank like Securant that has a similar history, mission and purpose is a natural fit and will create value for shareholders and customers alike. Securant has a tremendous banking heritage, and we look forward to building on what they’ve accomplished.”

Securant Bank to be acquired by First-Citizens Bank

| Source: First Citizens Bank
RALEIGH, N.C. and MILWAUKEE, June  27, 2018  (GLOBE NEWSWIRE) -- First-Citizens Bank & Trust Company (known as First Citizens Bank) and Capital Commerce Bancorp, Inc. announced today the signing of a definitive merger agreement. Capital Commerce Bancorp provides personal and business banking products and services through its subsidiary, Securant Bank & Trust. The agreement provides for the acquisition of Milwaukee-based Capital Commerce Bancorp by First Citizens Bank, which is headquartered in Raleigh, N.C. The announcement was made jointly by Frank B. Holding Jr., chairman and chief executive officer of First Citizens Bank, and David A. Davis, president and chief executive officer of Capital Commerce Bancorp. The agreement has been approved by the boards of directors of both companies. The transaction is expected to close no later than the fourth quarter of 2018, subject to the receipt of regulatory approvals and the approval of Capital Commerce Bancorp shareholders. Under the terms of the agreement, cash consideration of $4.75 per share will be paid to the shareholders of Capital Commerce for each share of its common stock. As of March 31, 2018, Capital Commerce Bancorp reported $216 million in consolidated assets, $171 million in deposits and $181 million in gross loans. With headquarters in Menomonee Falls, Securant formed in 1914 and offers banking through four branch locations in Hartland, Milwaukee, Menomonee Falls and Slinger. Customers should bank as they normally do at their existing branches, which will become part of First Citizens upon the completion of the merger. First Citizens Bank operates 11 branches in the greater Milwaukee area – 10 branches as the Guaranty Bank division and one branch as First Citizens Bank from a previous, separate acquisition. The bank’s Guaranty Bank division will be converted to First Citizens’ operations and systems in early August. Frank B. Holding Jr., chairman and CEO of First Citizens, said: “This agreement will allow us to expand our presence and enhance our banking efforts — especially our business and commercial focus — in the Greater Milwaukee area. Combining with a bank like Securant that has a similar history, mission and purpose is a natural fit and will create value for shareholders and customers alike. Securant has a tremendous banking heritage, and we look forward to building on what they’ve accomplished.”
David A. Davis, president and CEO of Capital Commerce Bancorp and Securant, said: “We’re pleased to announce this transaction with First Citizens Bank. Like Securant, First Citizens has a long and illustrious history, and we share a similar foundation of core values. The two companies are very well suited for one another. We believe this merger is in the best interests of our shareholders, customers and employees. Our customers will benefit from First Citizens’ wide offering of retail products and services and their deep business and commercial banking experience.”
Hovde Group, LLC acted as financial advisor and rendered a fairness opinion to the Board of Directors of Capital Commerce Bancorp, Inc. in connection with this transaction. Ward and Smith, P.A., represented First Citizens in the transaction; Reinhart Boerner Van Deuren represented Capital Commerce Bancorp. Additional Information
In connection with the proposed merger, Capital Commerce Bancorp will prepare and send a proxy statement to each of its shareholders. SHAREHOLDERS ARE URGED TO READ THE PROXY STATEMENT REGARDING THE MERGER WHEN IT BECOMES AVAILABLE, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THAT DOCUMENT, BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION. About First Citizens Bank
Founded in 1898 and headquartered in Raleigh, N.C., First Citizens Bank serves customers at more than 500 branches in 19 states. First Citizens Bank is a wholly owned subsidiary of First Citizens BancShares, Inc. (Nasdaq:FCNCA), which has $34 billion in assets. For more information, call toll free 1.888.FC DIRECT (1.888.323.4732) or visit www.firstcitizens.com . First Citizens Bank. Forever First®. About Capital Commerce Bancorp, Inc. and Securant Bank & Trust
Capital Commerce Bancorp, Inc.is a privately held bank holding company headquartered in Wisconsin. It is the holding company for Securant Bank & Trust, which was formed in 1914 and currently offering services through locations in Hartland, Milwaukee, Menomonee Falls and Slinger. For more information, visit www.securantbank.com . Contacts:

Announce Merger Agreement Nasdaq:FCNCA
First Citizens Bank, Capital Commerce Bancorp, Inc

June 27, 2018 18:46
ET | Source: First Citizens Bank
RALEIGH, N.C. and MILWAUKEE, June  27, 2018  (GLOBE NEWSWIRE) -- First-Citizens Bank & Trust Company (known as First Citizens Bank) and Capital Commerce Bancorp, Inc. announced today the signing of a definitive merger agreement. Capital Commerce Bancorp provides personal and business banking products and services through its subsidiary, Securant Bank & Trust. The agreement provides for the acquisition of Milwaukee-based Capital Commerce Bancorp by First Citizens Bank, which is headquartered in Raleigh, N.C. The announcement was made jointly by Frank B. Holding Jr., chairman and chief executive officer of First Citizens Bank, and David A. Davis, president and chief executive officer of Capital Commerce Bancorp. The agreement has been approved by the boards of directors of both companies. The transaction is expected to close no later than the fourth quarter of 2018, subject to the receipt of regulatory approvals and the approval of Capital Commerce Bancorp shareholders. Under the terms of the agreement, cash consideration of $4.75 per share will be paid to the shareholders of Capital Commerce for each share of its common stock. As of March 31, 2018, Capital Commerce Bancorp reported $216 million in consolidated assets, $171 million in deposits and $181 million in gross loans. With headquarters in Menomonee Falls, Securant formed in 1914 and offers banking through four branch locations in Hartland, Milwaukee, Menomonee Falls and Slinger. Customers should bank as they normally do at their existing branches, which will become part of First Citizens upon the completion of the merger. First Citizens Bank operates 11 branches in the greater Milwaukee area – 10 branches as the Guaranty Bank division and one branch as First Citizens Bank from a previous, separate acquisition. The bank’s Guaranty Bank division will be converted to First Citizens’ operations and systems in early August. Frank B. Holding Jr., chairman and CEO of First Citizens, said: “This agreement will allow us to expand our presence and enhance our banking efforts — especially our business and commercial focus — in the Greater Milwaukee area. Combining with a bank like Securant that has a similar history, mission and purpose is a natural fit and will create value for shareholders and customers alike. Securant has a tremendous banking heritage, and we look forward to building on what they’ve accomplished.”
David A. Davis, president and CEO of Capital Commerce Bancorp and Securant, said: “We’re pleased to announce this transaction with First Citizens Bank. Like Securant, First Citizens has a long and illustrious history, and we share a similar foundation of core values. The two companies are very well suited for one another. We believe this merger is in the best interests of our shareholders, customers and employees. Our customers will benefit from First Citizens’ wide offering of retail products and services and their deep business and commercial banking experience.”
Hovde Group, LLC acted as financial advisor and rendered a fairness opinion to the Board of Directors of Capital Commerce Bancorp, Inc. in connection with this transaction. Ward and Smith, P.A., represented First Citizens in the transaction; Reinhart Boerner Van Deuren represented Capital Commerce Bancorp. Additional Information
In connection with the proposed merger, Capital Commerce Bancorp will prepare and send a proxy statement to each of its shareholders. SHAREHOLDERS ARE URGED TO READ THE PROXY STATEMENT REGARDING THE MERGER WHEN IT BECOMES AVAILABLE, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THAT DOCUMENT, BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION. About First Citizens Bank
Founded in 1898 and headquartered in Raleigh, N.C., First Citizens Bank serves customers at more than 500 branches in 19 states. First Citizens Bank is a wholly owned subsidiary of First Citizens BancShares, Inc. (Nasdaq: FCNCA ), which has $34 billion in assets. For more information, call toll free 1.888.FC DIRECT (1.888.323.4732) or visit www.firstcitizens.com . First Citizens Bank. Forever First®. About Capital Commerce Bancorp, Inc. and Securant Bank & Trust
Capital Commerce Bancorp, Inc.is a privately held bank holding company headquartered in Wisconsin. It is the holding company for Securant Bank & Trust, which was formed in 1914 and currently offering services through locations in Hartland, Milwaukee, Menomonee Falls and Slinger. For more information, visit www.securantbank.com . Contacts:

First Citizens Bank, Capital Commerce Bancorp, Inc. Announce Merger Agreement

Merger

Capital Commerce Bancorp (CCBI) is a privately held bank holding company headquartered in Wisconsin. CCBI provides community banking services through its affiliate, Securant Bank & Trust.

Date	Round	Amount	Investors	Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.	Revenue	Sources
6/28/2018	Merger		First Citizens Bank	$XXM	0 FY undefined	3
10/15/2015	Unattributed - II	$XXM	Subscribe to see more	$XXM	0 FY undefined	10
7/30/2010	Debt	$XXM	Subscribe to see more	$XXM	0 FY undefined	10
10/26/2007	Unattributed	$XXM	Subscribe to see more	$XXM	0 FY undefined	10

Date	6/28/2018	10/15/2015	7/30/2010	10/26/2007
Round	Merger	Unattributed - II	Debt	Unattributed
Amount		$XXM	$XXM	$XXM
Investors	First Citizens Bank	Subscribe to see more	Subscribe to see more	Subscribe to see more
Valuation	$XXM	$XXM	$XXM	$XXM
Revenue	0 FY undefined	0 FY undefined	0 FY undefined	0 FY undefined
Sources	3	10	10	10

First funding	6/28/2018
Last Funding	6/28/2018
Investor	First Citizens Bank
Rounds	1 Merger
Board Seats
Type	Bank
Location	North Carolina

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