Pub. 15 2018 Issue 3

22 O V E R A C E N T U R Y : B U I L D I N G B E T T E R B A N K S - H E L P I N G N E W M E X I C O R E A L I Z E D R E A M S INTERNATIONAL BANK ACQUIRED BY SEASONED OWNERSHIP GROUP OF BANKING EXECUTIVES Plans Include Major Expansion to Become Premier Community Bank in Denver Metro Area & Legacy Markets D enver, CO – InBank - shares, Corp (“InBank - shares”), a newly es - tablished bank holding company founded by a group of seasoned banking exec - utives, announced today that it has raised approximately $70 million of common equity and completed the acquisition of Raton Capital Corpo - ration, the bank holding company for New Mexico-based International Bank, for cash consideration of $46.3 million. The transaction was approved by shareholders and bank regulatory authorities. International Bank was founded in 1918 in Raton, New Mexico and currently operates seven branches throughout northern New Mexico and Colorado with approximately $320 million in total assets. InBankshares is led by Edward Francis, a bank executive with 30 years of financial institution experience, and a senior management team of expe - rienced banking executives from the Denver Metro Area and International Bank’s legacy markets. Previously, Francis was Executive Vice President and Chief Banking Officer of Hancock By Raymond James & Associates Inc.