Under the transaction,
First American International Bank has been merged into Royal Business Bank.
NBG International Bank (now
First American International Bank) has been examined annually by the Atlanta Reserve Bank since its inception.
* Eastern Union Funding's David Betesh and Ted Matalon arranged a $4.8 million loan from
First American International Bank for the refinancing of a five-story landmarked brownstone in Tribeca on behalf of two private owners with significant real estate development experience.
(OTC: FAIT) and its subsidiary
First American International Bank, have entered into a definitive merger agreement in a cash and stock transaction valued at USD116.8m, or USD52.32 per share.
Triangle Equities Development Company, through its related entity, 42-05 Parsons LLC, has acquired a non-performing construction loan and revolving line of credit from
First American International Bank.
(OTC: FAIT), the holding company for
First American International Bank, has reported net income for the quarter ended June 30, 2017 of USD1.7m, or USD0.79 per share, and USD3.1m, or USD1.42 per share, for the first half of 2017.
(OTCQB: FAIT), the holding company for
First American International Bank has reported net income for the quarter ended March 31, 2015, of USD117,000, and earnings per share available to common shareholders were USD0.05 per share, both basic and diluted.