Guaranty Bancorp (NASDAQ:GBNK) Files An 8-K Other EventsItem 8.01 Other Events
On January 16, 2018, Private Capital Management LLC, a wholly owned subsidiary of Guaranty Bank and Trust Company, completed its purchase of the assets of Wagner Wealth Management LLC to the Asset Purchase Agreement dated December 1, 2017. The combined firm will operate under the Private Capital Management name. With the acquisition,Private Capital Management acquired approximately $575 million in assets under management (“AUM”) bringing its total AUM to approximately $1.1 billion. A copy of the press release announcing the acquisition is included as Exhibit 99.1 to this Report and is incorporated herein by reference.
Item 8.01 Financial Statements and Exhibits.
The following exhibit is filed with this Current Report on Form8-K:
Press Release dated January 16, 2018
Guaranty Bancorp ExhibitEX-99.1 2 gbnk-20180116xex99_1.htm EX-99.1 Exhibit 991 Wagner Announcement Private Capital Management,…To view the full exhibit click
About Guaranty Bancorp (NASDAQ:GBNK)
Guaranty Bancorp is the bank holding for Guaranty Bank and Trust Company (the Bank). The Company’s segment is banking. The Company operates approximately 30 branches and over two investment management firms, including Private Capital Management LLC (PCM) and Cherry Hills Investment Advisors Inc. (CHIA), in Colorado through the Bank. The Bank provides banking and other financial services, including commercial and industrial loans, real estate loans, construction loans, consumer loans and agriculture loans across its targeted Colorado markets to consumers and small to medium-sized businesses, including the owners and employees of those businesses. The Bank also provides wealth management solutions, including trust and investment management services. It provides traditional deposit accounts, such as demand, interest-bearing demand, negotiable order of withdrawal (NOW), money market, individual retirement accounts (IRA), time deposits and savings accounts.