FIG Partners Advised First Capital Bancshares, Inc. In $30 Million Common Stock Offering

ATLANTA, February 8, 2018 — First Capital Bancshares, Inc. (OTC Pink: FCPB) has announced the completion of a $30 million private placement of common stock.

FIG Advised First Capital In $30 Million Stock OfferingProceeds from the offering will be used to support future growth, including an expansion into the Charleston, South Carolina market. The proceeds will also serve the capital needs of its wholly owned banking subsidiary, First Capital Bank.

“We are pleased with the response to our private placement,” said Frank J. Cole, Jr., First Capital’s new Chief Executive Officer. “The successful offering was a vote of confidence by the local investor community in the Company’s plans to expand into the Charleston market. We believe this new capital will allow the Company to continue to grow organically and will support the capital needs of the bank.”

The FIG team included John Schramm, Principal, and Jerad Comarda, Vice President.

Since 2003, FIG has been the trusted advisor to community banks and investors. To learn more about FIG’s investment banking services, visit

Ben Franklin Financial, Inc.FIG Served As Sole Book-Running Manager In $30 Million Stock Offering For SB Financial Group