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Entry into a Material Definitive

On November 13, 2015, BNC Bancorp (the Company), as the borrower, entered into a First Amendment (the Amendment) to the Companys existing Credit Agreement, dated November 14, 2014 (the Credit Agreement), among the Company and Synovus Bank, as lender. The Credit Agreement was previously disclosed on the Companys Current Report on Form 8-K filed November 14, 2014.

The Amendment became effective November 13, 2015 and amended the Credit Agreement to (i) extend the maturity date from November 13, 2015 to November 12, 2016, and (ii) increased the revolving commitment from $15,000,000 to $25,000,000 (the Revolving Commitment). The...