First NBC Announces The Postponement Of Its 2016 Annual Meeting

NEW ORLEANS, Nov. 16, 2016 (GLOBE NEWSWIRE) -- First NBC Bank Holding Company (NASDAQ:FNBC) ("First NBC" or "the company"), announced today the postponement of the company's 2016 Annual Meeting of Shareholders (the "Annual Meeting").  The Annual Meeting, which was scheduled to be held on Thursday, November 17, 2016 at 11:00 a.m., will be postponed to Thursday, December 8, 2016 at 11:00 a.m. The location for the Annual Meeting will remain at the Renaissance New Orleans Pere Marquette Hotel, located at 817 Common Street, New Orleans, Louisiana 70112 in the 2 nd floor ballroom.

The company has determined to postpone the Annual Meeting in order to allow the First NBC Board and management team to continue to explore all strategic options for the company. As previously announced on October 25, 2016, First NBC has engaged independent advisors to explore all strategic options to advance the interests of the company's shareholders.

No changes have been made to the record date or the matters to be considered at the Annual Meeting, which are presented in the proxy statement and related materials that the company filed with the Securities and Exchange Commission on October 19, 2016 and previously mailed to stockholders of record as of October 7, 2016.  Eligible stockholders who have not yet voted by proxy will continue to have an opportunity to do so prior to the meeting date. 

First NBC noted that there can be no assurance that the review of strategic options will result in any transaction.

About First NBC Bank Holding CompanyFirst NBC, headquartered in New Orleans, Louisiana, offers a broad range of financial services through its wholly-owned banking subsidiary, First NBC Bank, a Louisiana state non-member bank. First NBC's primary markets are the New Orleans metropolitan area and the Florida panhandle, which it serves from 39 full service banking offices located throughout its markets.

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