HOUSTON, June 15, 2010 (GLOBE NEWSWIRE) -- Encore Bancshares, Inc. (Nasdaq:EBTX) ("Encore") announced today that it has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission. When declared effective by the SEC, the shelf registration statement will allow Encore to raise capital from time to time in future offerings, up to an aggregate of $75.0 million, through the sale in any combination of debt securities, common and preferred stock, warrants, depositary shares and units. The specific terms of any such future offerings will be established by Encore at the time of each offering, subject to market conditions, and will be described in detail in a prospectus supplement filed at the time of the offering. Encore does not have any immediate plans or commitments to sell securities under the shelf registration statement. "While we have no definitive plans to raise capital at this time, we believe this registration statement will enhance our ability to quickly raise capital at a later date," said James S. D'Agostino, Jr., Chairman and Chief Executive Officer. "Although this shelf registration affords us greater flexibility to continue to build our Houston franchise, pursue opportunities, and redeem all or a portion of the preferred stock issued in connection with our participation in the U.S. Treasury Capital Purchase Program, we will continue to be sensitive to how we raise capital considering the effect on book value per common share." The registration statement on Form S-3 filed with the SEC has not yet become effective. Securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. This news release does not constitute an offer to sell, or the solicitation of an offer to buy, securities nor shall there be any sale of securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification of the securities under the securities laws of that state or jurisdiction. Any offer of securities covered by the registration statement will be made solely by means of a prospectus included in the registration statement and a prospectus supplement with respect to such offering.