Bank of Choice parent headed for public offering
Bank of Choice’s holding company, NBH Holdings Corp., has taken the first step toward becoming publicly traded.
NBH is the parent company of Bank Midwest, which acquired Bank of Choice in July 2011.
Its registration, filed with the Securities and Exchange Commission in the fall, does not include details about how many shares are to be offered or what the ticker symbol might be for the holding company, which was formed in 2009 for the purpose of buying troubled banks.
Boston-based NBH acquired Bank Midwest, headquartered in Kansas City, Mo., in 2010.
The next year, Bank Midwest assumed just over $1 billion in assets after Bank of Choice was declared insolvent by regulators.
Representatives at Bank of Choice are unable to comment on the offering, due to the “silent period” required by the SEC following the filing of a registration statement.
The only other publicly-traded bank in the area with Colorado roots is Guaranty Bank, whose holding company, Guaranty
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