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First Bank closes $23M IPO

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Hamilton-based First Bank announced today the closing of its $23M initial public offering.

According to the announcement, the bank issued a total of 3,833,334 shares of common stock at $6.00 per share. Robert W. Baird & Co. Incorporated served as sole book-running manager and CV Brokerage Inc. served as co-manager for the offering. First Bank's common stock trades on the NASDAQ Global Market under the symbol FRBA.

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