First Community Financial Partners, Inc. Named 2016 Bank & Thrift “Sm-All Star” by Sandler O’Neill + Partners
September 28 2016 - 11:01AM
First Community Financial Partners, Inc. (NASDAQ:FCFP) (“First
Community,” “FCFP” or the “Company”), the parent company of First
Community Financial Bank (the “Bank”), is pleased to announce that
the Company has been named a member of the Sandler O’Neill Sm-All
Stars: Class of 2016. The Sm-All Stars reflect the top
performing small-cap banks and thrifts in the country.
According to Sandler O’Neill + Partners, an investment banking
firm and broker-dealer focused on the financial services sector,
banks selected for the 2016 Sm-All Stars list have exceptional
performance metrics in growth, profitability, credit quality and
capital strength. Sandler O’Neill evaluated more than 400
publicly traded banks and thrifts with a market cap below $2.5
billion to identify the 27 small-cap depository institutions that
stand out in the industry and comprise the Class of 2016.
“We are very pleased to be named a Sm-All Star by Sandler
O’Neill,” said Roy Thygesen, Chief Executive Officer of First
Community Financial Partners. “Our inclusion on this list
reflects our success in building a high performing financial
institution that is an attractive banking partner for small- and
middle-market businesses in the Chicagoland area. It is an
honor for our franchise to be recognized as one of the premier
small-cap banks in the country.”
About First Community Financial Partners, Inc.:
First Community Financial Partners, Inc., headquartered in Joliet,
Illinois, is a bank holding company whose common stock trades on
the NASDAQ Capital Market (NASDAQ:FCFP). First Community Financial
Partners has one bank subsidiary, First Community Financial Bank.
First Community Financial Bank, based in Plainfield, Illinois, has
locations in Joliet, Plainfield, Homer Glen, Channahon, Naperville,
Burr Ridge, Mazon, Braidwood, and Coal City, Illinois. The Bank is
dedicated to its founding principles by being actively involved in
the communities it serves and providing exceptional personal
service delivered by experienced local professionals.
Special Note Concerning Forward-Looking
Statements---------------------------------------------------------------------
Any statements in this release other than statements of
historical facts, including statements about management’s beliefs
and expectations, are forward-looking statements and should be
evaluated as such. These statements are made on the basis of
management’s views and assumptions regarding future events and
business performance. Words such as “estimate,” “believe,”
“anticipate,” “expect,” “intend,” “plan,” “target,” “project,”
“should,” “may,” “will” and similar expressions are intended to
identify forward-looking statements. Forward-looking statements
(including oral representations) involve risks and uncertainties
that may cause actual results to differ materially from any future
results, performance or achievements expressed or implied by such
statements. These risks and uncertainties involve a number of
factors related to the businesses of First Community and its wholly
owned bank subsidiary, including: risks associated with First
Community’s possible pursuit of acquisitions; unexpected results of
acquisitions, including the acquisition of Mazon State Bank;
economic conditions in First Community’s, and its wholly owned bank
subsidiary’s service areas; system failures; losses of large
customers; disruptions in relationships with third party vendors;
losses of key management personnel and the inability to attract and
retain highly qualified management personnel in the future; the
impact of legislation and regulatory changes on the banking
industry, including the implementation of the Basel III capital
reforms; losses related to cyber-attacks; and liability and
compliance costs regarding banking regulations; and changes in
local, national and international economic conditions. These and
other risks and uncertainties are discussed in more detail in First
Community’s filings with the Securities and Exchange Commission,
including First Community’s Annual Report on Form 10-K filed on
March 14, 2016.
Many of these risks are beyond management’s ability to control
or predict. All forward-looking statements attributable to First
Community, and its wholly owned bank subsidiary, or persons acting
on behalf of each of them are expressly qualified in their entirety
by the cautionary statements and risk factors contained in this
communication. Because of these risks, uncertainties and
assumptions, you should not place undue reliance on these
forward-looking statements. Furthermore, forward-looking statements
speak only as of the date they are made. Except as required under
the federal securities laws or the rules and regulations of the
Securities and Exchange Commission, First Community does not
undertake any obligation to update or review any forward-looking
information, whether as a result of new information, future events
or otherwise.
Contact: Glen L. Stiteley, Chief Financial Officer - (815) 725-1885
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