Syracuse, KS – Legacy Financial, Inc., the holding company for First National Bank of Syracuse, completed the upsizing of its existing senior notes to $10.0 million. This $2.5 million incremental capital raise follows the company’s successful private placement of senior notes in April 2020. The proceeds from this transaction will be used to support organic growth and for general corporate purposes. 

Brean Capital, LLC served as the Company’s exclusive Advisor and Sole Placement Agent in connection with both transactions.

“We are excited for the incremental capital raise as it provides us the flexibility to strategically grow our franchise and safely navigate the current environment, while also allowing us to reinvest in our communities and our employees,” stated Chris Floyd, CEO of First National Bank of Syracuse.

Legacy Financial Inc. is the holding company for First National Bank of Syracuse. Founded in 1906, the bank currently operates five strategic branch locations in Southwest Kansas. The bank is family owned with an exceptionally strong commitment to the communities they serve. As of December 31, 2020, First National Bank of Syracuse had total assets of $420 million. Additional information can be found at: www.fnb-windmill.com.

Brean Capital’s Investment Banking Group is dedicated to helping its clients achieve their strategic and financial goals. For more than 40 years, the Firm has specialized in providing capital raising, M&A and financial advisory services to middle market businesses. Throughout its history, Brean Capital has established a track record of providing its clients with deep market knowledge, commitment and experience to ensure a successful transaction.

Contact the team
Interested to learn more and see how Brean Capital can help your business? Contact the team below:

Managing Director
(917) 297-3413
ONaporano@breancapital.com

Managing Director
(804) 938-9413
BBrantley@breancapital.com

Managing Director
(903) 253-6998
MCoogan@breancapital.com

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