Market Overview

Bank of Bird-in-Hand Announces Future Capital Offering

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Lori A. Maley, President and CEO of the Bank of Bird-in-Hand announced
today that the Bank intends to undertake a common stock offering
commencing in the third quarter of 2018 to further support the Bank's
continuing growth. The currently expected range of the offering is
anticipated to be between $20 million and $25 million in the aggregate.
The offering price per share is expected to be finalized in late August
and is currently expected to be in the range of $13 to $15 per share, on
a post-stock split adjusted basis. The previously announced 5-for-4
stock split, effective in the form of a stock dividend, will become
effective on July 31, 2018.

Kevin J. McClarigan, Chairman of the Board, noted that "The growth of
the Bank since it opened in December 2013 has well exceeded our
expectations. Additional capital will provide the Bank with the
resources to build on that growth and plan for the long-term future of
the Bank, including additional, yet currently unidentified, branch
locations." He added, "The entire Board of Directors is very pleased and
excited by the community's response to the opening of the Bank, the
capital raise in 2016, and our unique business model. We are committed
to our customers and residents of our community to build upon that
success. Raising additional capital will help us reach this goal."

The Bank is contacting its existing shareholders and others in the
community prior to finalizing the terms of the offering. The Bank
anticipates raising the capital from shareholders, retail and bank-known
institutional investors, and the community.

Bybel Rutledge LLP is serving as legal counsel and Commonwealth
Advisors, Inc. is serving as financial advisor to Bank of Bird-in-Hand
in connection with the stock offering.

THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR A
SOLICITATION OF AN OFFER TO BUY ANY OF THE COMMON STOCK. THE OFFERING IS
BEING MADE ONLY BY THE WRITTEN OFFERING CIRCULAR WHEN AVAILABLE.

About Bank of Bird-in-Hand

Bank of Bird-in-Hand is a community-owned bank serving Eastern Lancaster
County and Western Chester County with a strong focus on agricultural,
small business, and consumer lending. Its main branch and office is
located at 309 North Ronks Road, Bird-in-Hand, PA 17505. It operates an
additional branch at 3540 Old Philadelphia Pike, Intercourse, PA 17534.
The Bank also recently established a mobile branch which has a schedule
of hours of operation at nine locations in Lancaster County. The unit,
which is a twenty-nine-foot-long full-service mobile bank on wheels, has
a built-in ATM, walk-up customer service window and also room inside for
Customer Service representatives to open accounts and transact business.

As of June 30, 2018, Bank of Bird-in-Hand had total assets of $308
million, total deposits of $249 million, total loans of $269 million,
and total shareholders' equity of $30 million.

A Warning About Forward-Looking Statements

In addition to historical information, this document may contain
forward-looking statements. Examples of forward-looking statements
include, but are not limited to, (a) projections or statements regarding
future earnings, expenses, net interest income, other income, earnings
or loss per share, asset mix and quality, growth prospects, capital
structure, and other financial terms, (b) statements of plans and
objectives of management or the Board of Directors, and (c) statements
of assumptions, such as economic conditions in the Bank's market areas.

Such forward-looking statements can be identified by the use of
forward-looking terminology such as "believes," "expects," "may,"
"intends," "will," "should," "anticipates," or the negative of any of
the foregoing or other variations thereon or comparable terminology, or
by discussion of strategy. Forward-looking statements are subject to
certain risks and uncertainties such as local economic conditions,
competitive factors, and regulatory limitations. Actual results may
differ materially from those projected in the forward-looking
statements. We caution readers not to place undue reliance on these
forward-looking statements. They only reflect management's analysis as
of this date. Such risks, uncertainties and other factors that could
cause actual results and experience to differ from those projected
include, but are not limited to, the following: the effects of new laws
and regulations, including the impact of the Tax Cut and Jobs Act and
Dodd-Frank Wall Street Reform and Consumer Protection Act; effects of
short- and long-term federal budget and tax negotiations and their
effect on economic and business conditions; the effect of changes in
accounting policies and practices, as may be adopted by the regulatory
agencies, as well as the Financial Accounting Standards Board and other
accounting standard setters; the effects of competition from other
commercial banks, thrifts, mortgage banking firms, consumer finance
companies, credit unions, securities brokerage firms, insurance
companies, money market and other mutual funds and other financial
institutions operating in our market area and elsewhere, including
institutions operating locally, regionally, nationally and
internationally, together with such competitors offering banking
products and services by mail, telephone, computer and the internet;
technological changes;
the interruption or breach in security of
our information systems and other technological risks and attacks
resulting in failures or disruptions in customer account management,
general ledger processing and loan or deposit updates and potential
impacts resulting therefrom including additional costs, reputational
damage, regulatory penalties, and financial losses; ineffectiveness of
the business strategy due to changes in current or future market
conditions; the effects of economic deterioration on current customers,
specifically the effect of the economy on loan customers' ability to
repay loans; the effects of competition, and of changes in laws and
regulations on competition, including industry consolidation and
development of competing financial products and services; interest rate
movements; difficulties in integrating distinct business operations,
including information technology difficulties; disruption from the
transaction making it more difficult to maintain relationships with
customers and employees, and challenges in establishing and maintaining
operations in new markets; volatilities in the securities markets; slow
economic conditions; and acts of war or terrorism. The Bank does not
revise or update these forward-looking statements to reflect events or
changed circumstances.

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