12/7/12

Vorys Mentioned in American Banker Story Entitled “DCB in Ohio Completes $13.2 Million Capital Raise”

Attorneys & Professionals

Vorys, Sater, Seymour and Pease was mentioned in an American Banker story about Delaware County Bank’s (DCB) completed capital raise.  According to the story, the bank’s parent, DCB Financial, completed a sale of common stock to existing shareholders and local investors that netted $13.2 million in funds.  The new funds will allow DCB to meet its regulator’s requirements and will provide capital to fuel future growth.

The story states:

“DCB Financial recorded net income of $306,000 in the third quarter, up 10.8% from the same period a year earlier. Sandler O'Neill, Broadridge Financial and the law firm of Vorys, Sater, Seymour and Pease advised the company in connection with the capital raise.”

To read the entire story, visit the American Banker website.