Two small U.S. banks went public on Thursday to muted reviews despite selling shares for less than planned, as investors remain cautious about a sector that still has many problems in the wake of the financial crisis.
Capital Bank operates 165 branches in Tennessee, Florida, North Carolina, South Carolina and Virginia with about $7.7 billion in total assets as at June 30.
[National Bank Holdings Corp] has about $5.8 billion in assets as of June 30. It has 101 branches, mostly in the greater Kansas City region and Colorado.
The banks that make up National Bank Holdings Corp include Bank Midwest, Community Banks of Colorado and Hillcrest Bank.