BNC Bancorp (NASDAQ:BNCN) Files An 8-K Other Events

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BNC Bancorp (NASDAQ:BNCN) Files An 8-K Other Events
Item 8.01 Other Events

On April 18, 2017, the Board of Directors of BNC Bancorp (the “Company”) declared a quarterly cash dividend of $0.05 per share, payable on May 26, 2017 to shareholders of record as of May 12, 2017.
The Company’s press release, dated April 21, 2017, announcing the quarterly cash dividend is attached hereto as Exhibit 99.1, and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit 99.1 – Press release, dated April 21, 2017

About BNC Bancorp (NASDAQ:BNCN)

BNC Bancorp is a bank holding company for Bank of North Carolina (BNC or the Bank). BNC is a full service commercial bank principally engaged in the business of attracting deposits from the general public and using those deposits, together with other funding from its lines of credit, to make primarily consumer and commercial loans. It operates through two segments: banking operations and mortgage origination. The primary purpose of the mortgage origination segment is the origination and subsequent sale of residential mortgage loans, while all other banking activities are performed in the banking operations segment. BNC also offers brokerage services, including financial planning, wealth management, private banking and insurance products. The Bank invests in government-sponsored mortgage-backed securities, the United States and government agency securities, municipal and corporate debt securities, and equity securities, among others.

BNC Bancorp (NASDAQ:BNCN) Recent Trading Information

BNC Bancorp (NASDAQ:BNCN) closed its last trading session down -0.05 at 33.85 with 156,420 shares trading hands.