NATCHEZ, Miss., July 11 /PRNewswire-FirstCall/ -- The Board of Directors of Britton & Koontz Capital Corporation has appointed Steve Barbera as Chief Deposit Officer for the company and Donita Martin as City President in the company's Vicksburg market. As Chief Deposit Officer, based in the company's Baton Rouge, LA office, Mr. Barbera will be leading the company-wide sales and implementation of cash management services, including remote electronic check capture, treasury management, and commercial bill pay. Mr. Barbera's appointment follows the company's plans to increase commercial deposits within its geographic footprint by offering the best customer solutions in commercial cash management. Following his service as an officer in the United States Army, Mr. Barbera entered commercial banking in 1985 in south Louisiana. He holds the designations of Certified Treasury Professional and Accredited ACH Professional.
Ms. Donita Martin will be leading the company's expansion in its Vicksburg, MS market, where the company operates two branches and offers a full array of commercial and retail banking, brokerage, and mortgage services. Ms. Martin joined Britton & Koontz in 2006, having spent most of her 15-year banking career in the south Florida community banking environment. Ms. Martin is a 2007 graduate of the Graduate School of Banking at Louisiana State University. Page Ogden, President and CEO of Britton & Koontz, commented, "Both Barbera and Martin are well-trained, energetic, and sales-oriented. They are leaders who will inspire confidence from staff and customers. We look forward to both bankers having a very positive impact on our franchise."
Britton & Koontz Capital Corporation, headquartered in Natchez, Mississippi, is the parent company of Britton & Koontz Bank, N.A. which operates three full service offices in Natchez, two in Vicksburg, Mississippi, and one in Baton Rouge, Louisiana. As of March 31, 2007, the Company reported assets of $367.8 million and equity of $34.0 million. The Company's stock is traded on NASDAQ under the symbol BKBK and the transfer agent is American Stock Transfer & Trust Company. Total shares outstanding at May 1, 2007, were 2,117,966.
Forward Looking Statements
This news release contains statements regarding the projected performance of Britton & Koontz Capital and its subsidiaries. These statements constitute forward-looking information within the meaning of the Private Securities Litigation Reform Act. Actual results may differ materially from the projections provided in this release since such projections involve significant known and unknown risks and uncertainties. Factors that might cause such differences include, but are not limited to: competitive pressures among financial institutions increasing significantly; economic conditions, either nationally or locally, in areas in which the Company conducts operations being less favorable than expected; and legislation or regulatory changes which adversely affect the ability of the combined Company to conduct business combinations or new operations. The Company disclaims any obligation to update such factors or to publicly announce the results of any revisions to any of the forward-looking statements included herein to reflect future events or developments.
