Triumph Bancorp, Inc. (NASDAQ:TBK) Files An 8-K Other EventsItem 8.01.Other Events.
On October 6, 2017, Triumph Bancorp, Inc., a Texas corporation (the “Company”) announced that TBK Bank, SSB, a Texas state chartered savings bank and a wholly owned subsidiary of the Company, completed the purchase of nine former Independent Bank branch locations in Colorado.
A copy of the press release announcing the transaction is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statement and Exhibits.
(d)Exhibits
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Exhibit No. |
Description |
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99.1 |
Press Release, dated October 6, 2017 |
EXHIBIT INDEX
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Exhibit No. |
Description |
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99.1 |
Press Release, dated October 6, 2017 |
Triumph Bancorp, Inc. ExhibitEX-99.1 2 tbk-ex991_6.htm EX-99.1 tbk-ex991_6.htm Exhibit 99.1 TBK Bank completes acquisition of 9 independent bank branches DALLAS,…To view the full exhibit click here
About Triumph Bancorp, Inc. (NASDAQ:TBK)
Triumph Bancorp, Inc. is a financial holding company. Through its bank subsidiary, TBK Bank, SSB (TBK Bank), the Company offers banking services, as well as commercial finance products to businesses that require specialized financial solutions. The Company operates through four segments: Banking, Factoring, Asset Management and Corporate. The Factoring segment includes the operations of Advance Business Capital, LLC (doing business as Triumph Business Capital) with revenue derived from factoring services. The Banking segment includes the operations of TBK Bank, including loans originated under its TCF brand, and certain factored receivables, which are purchased by TBK Bank. The Asset Management segment includes operations of Triumph Capital Advisors, LLC, which manages collateralized loan obligation funds. The Corporate segment includes holding company financing and investment activities, and management and administrative expenses to support its operations.
