1998 Transactions

Progressive Bank has completed a $7,000,000 equity offering and opened a branch in Monroe, Louisiana.
Resource Bank has raised $5,000,000 in capital, received a charter from the Louisiana office of Financial Institutions, obtained deposit insurance from the FDIC and opened for business.
Horizons Bank has completed its $11,250,000 capital offering, received a charter from the Louisiana office of Financial Institutions, obtained deposit insurance from the FDIC and opened for business.
Business Bank has completed its $11,300,000 capital offering, received a charter from the Louisiana office of Financial Institutions, obtained deposit insurance from the FDIC and opened for business.