NEW YORK, Nov. 23, 2016 /PRNewswire/ -- On November 23, 2016, HoldCo Asset Management ("HoldCo") sent a public letter to Mr. Shivan Govindan, the Chairman of the Board of Directors of First NBC Bank Holding Company ("FNBC"). FNBC is located in New Orleans, Louisiana, and trades under the ticker FNBC. The full text of the letter can be found at the following link: http://holdcoam.com/wp-content/uploads/fourth_letter_to_fnbc.pdfAbout HoldCo Asset Management HoldCo Asset Management is an investment adviser located in New York City. HoldCo was founded by Vik Ghei and Misha Zaitzeff. HoldCo and its affiliates currently have approximately $500 million in regulatory assets under management. Disclaimer As of the publication date of this document and attached letter, HoldCo Asset Management, LP and its affiliates (collectively "HoldCo"), have a long position in the subordinated debt and a short position in the stock of the company referenced herein. Taken as a whole, HoldCo will likely profit if the price of FNBC's common stock declines. HoldCo may change its views about its investment positions in FNBC at any time, for any reason or no reason, and at any time may change the form or substance of any of its FNBC investment positions. If it does so, it will not be under obligation to inform anyone. All content in this document and attached letter represent the opinions of HoldCo. HoldCo has obtained all information herein from publicly available sources they believe to be accurate and reliable. However, such information is presented "as is," without warranty of any kind whether express or implied. HoldCo stresses that the letter linked to in this press release is a highly imperfect, and very rough, attempt to piece together limited public information to formulate answers to some of the most pressing questions that it has about FNBC. This document is for informational purposes only and is not intended as an official confirmation of any transaction. All data and other information are not warranted as to completeness or accuracy and reflect HoldCo's views as of this date, all of which are accordingly subject to change without notice.