Firm News November 2, 2021
Troutman Pepper Counsels First Century Bancorp in Acquisition by First Internet Bancorp
ATLANTA – Troutman Pepper advised First Century Bancorp, the parent company of First Century Bank, N.A., in its definitive agreement to be acquired by First Internet Bancorp (Nasdaq: INBK), the parent company of First Internet Bank. Read a company press release about the planned transaction.
A Troutman Pepper team led by James Stevens and including Constance Brewster, Sarah Hanna, William Mayo, Marcelo Roman, and Brenna Sheffield advised First Century Bancorp in the acquisition.
First Century Bancorp was founded in 2002 and is a technology-driven bank holding company headquartered in Roswell, Georgia. Its subsidiary, First Internet Bank, provides consumer and small business deposit, SBA financing, residential mortgage loans, consumer loans, and specialty finance services nationally as well as commercial real estate loans, construction loans, commercial and industrial loans, and treasury management services on a regional basis.
Troutman Pepper has more than 200 attorneys who regularly advise financial services providers, including banks, neobanks, payment processors, card issuers, and consumer and commercial marketplace lenders. Troutman Pepper handles their full spectrum of legal needs and has been nationally recognized for its work in the financial services industry, including by Chambers and Partners, U.S. News – Best Lawyers® and Law360, among others.
About Troutman Pepper
Troutman Pepper is a national law firm with more than 1,200 attorneys strategically located in 23 U.S. cities. The firm’s litigation, transactional, and regulatory practices advise a diverse client base, from start-ups to multinational enterprises. The firm provides sophisticated legal solutions to clients’ most pressing business challenges, with depth across industry sectors, including construction, energy, finance, health sciences, insurance, private equity, real estate, and technology, among others. Learn more at troutman.com.
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