COUNTY BANCORP, INC. (NASDAQ:ICBK) Files An 8-K Other Events

0
COUNTY BANCORP, INC. (NASDAQ:ICBK) Files An 8-K Other Events

COUNTY BANCORP, INC. (NASDAQ:ICBK) Files An 8-K Other Events
Item 8.01 Other Events.

On September 17, 2018, County Bancorp, Inc. (the “Company”)closedits offer to exchange (the “Exchange Offer”) up to $30,000,000 aggregate principal amount of its outstanding 5.875% fixed-to-floating rate subordinated notes due 2028, which were issued in a private placement to certain institutional investors, for a like principal amount of its new 5.875% fixed-to-floating rate subordinated notes due 2028 registered under the Securities Act of 1933, as amended.

According to information provided by the exchange agent, U.S. Bank National Association, $30,000,000 aggregate principal amount, or 50% of the privately placed 5.875% fixed-to-floating rate subordinated notes due 2028 were tendered for exchange in the Exchange Offer.

The Exchange Offer expired at 11:59 p.m., New York City time, on September 14, 2018, and settled on September 17, 2018.

Attached hereto as Exhibit 99.1 and incorporated by reference into this Item 7.01 is the press release issued by the Company on September 17, 2018, announcing the completion of the Exchange Offer.

Item 9.01 Financial Statements and Exhibits.


County Bancorp, Inc. Exhibit
EX-99.1 2 icbk-ex991_6.htm EX-99.1 icbk-ex991_6.htm   Exhibit 99.1   County Bancorp,…
To view the full exhibit click here

About COUNTY BANCORP, INC. (NASDAQ:ICBK)

County Bancorp, Inc. is a bank holding company. The Company’s primary activities consist of holding the stock of its subsidiary bank, Investors Community Bank (the Bank), and providing banking and related business activities through the Bank and its other subsidiaries. It operates in the community banking segment. The Bank is an independent community bank offering financial services focusing on the needs of agricultural businesses, with a primary focus on dairy-related lending with lending relationships in over 60 Wisconsin counties. It also serves business and retail customers throughout Wisconsin, but is focused on northeastern and central Wisconsin. Its customers are served from its service branches in Manitowoc and Stevens Point, and its loan production offices located in Darlington, Eau Claire, Fond du Lac, and Sheboygan. Its subsidiaries include Investors Insurance Services, LLC, County Bancorp Statutory Trust II, County Bancorp Statutory Trust III and County Acquisition LLC.