AQUESTA Bank
Aquesta Bank commenced operations in August 2006. The bank is headquartered in an upscale suburb of Charlotte, NC and will serve the Lake Norman region. Donnelly Penman Financial Services Fund, LP participated in the bank’s $24 million de novo capital raise.
www.aquestabank.com

Bank of Ellijay
The Bank of Ellijay commenced operations in April 2006. The bank is headquartered in Ellijay, Georgia with a second facility in Canton, Georgia. Donnelly Penman Financial Services Fund, LP participated in the bank’s $17 million de novo capital raise.
www.thebankofellijay.com

CAROLINA PREMIER BANK
The bank plans to open in the third quarter of 2007. The bank will be based in an affluent community immediately south of Charlotte. Donnelly Penman Financial Services Fund participated in the bank’s $18 million de novo capital raise.
www.carolinapremierbank.com

CenTrust Bank, N.A.
CenTrust Bank, N.A. is the wholly owned subsidiary of CenTrust Financial, Inc. Both the bank and holding company are located in Deerfield, Illinois, a prosperous northern suburb of Chicago. Donnelly Penman Financial Services Fund, LP invested in the company’s $20 million de novo capital raise, which was one of the largest capital raises for a new bank in Chicagoland history. The bank opened for business in April 2006.

HIGHLAND BANCSHARES
Highlands Bancshares acquired FNB Jacksboro ($150 million in assets) in late 2006 and raised $45 million capital to support the acquisition and the bank's expansion into the Dallas market. The venture is lead by veteran Dallas area banks and plans to continue to focus on the Barnett Shale area northeast of Dallas in additional to the expansion into the affluent Park Cities area of Dallas.
www.thehighlandsbank.com/

METRO PHOENIX BANK
Metro Phoenix Bank has a management team experienced with de novo banks and plans to serve the central Phoenix area. The bank will raise between $18 and $20 million in startup capital and primarily serve small businesses. The bank plans to open in the third quarter of 2007.
www.metrophoenixbank.com

REPUBLIC BANK OF GEORGIA
Republic Bank of Georgia raised $24 million in start up capital and opened in November 2006. The de novo bank will serve the Sugarloaf area of Gwinnett County, Georgia. Gwinnett County has a population of over 700,000 and leads the state of Georgia in new housing and job growth.
www.republicbankofga.com

TEXAS LEADERSHIP Bank
Texas Leadership Bank opened in October 2006. The bank was organized by business and civic leaders in Rockwall County, Texas, one of the five fastest growing counties in the US. The bank will focus on meeting the needs of businesses and residents in Rockwall County and eastern Dallas County.  Donnelly Penman Financial Services Fund, LP participated in the bank’s $14 million de novo capital raise. www.texasleadershipbank.com

WESTBOUND BANK
Westbound Bank raised over $24 million in start up capital and is the only independent bank in Katy, Texas. In the first three years of operation the bank plans to open branches or loan production offices in Bellaire and Sugarland Texas.
www.westboundbank.com