John Sullivan

CapGen Capital Advisers LLC (CapGen Capital) is a private equity firm founded in 2007 by Eugene Allan Ludwig. The firm is headquartered in New York.

Palmetto Bancshares, Inc. operates as a bank holding company. The company, through its subsidiary, The Palmetto Bank, specializes in providing personalized community banking services to individuals and small to mid-size businesses including, retail banking, commercial banking, and wealth management. It primarily acts as a financial intermediary by attracting deposits from the general public and using those funds, together with borrowed funds, to originate loans and invest in securities. The company's offerings include checking accounts, IRA accounts, savings and money market accounts, investment accounts and mortgage loans. Palmetto Bancshares was founded in 1982 and is headquartered in Greenville, SC.

The Palmetto Bank operates as a commercial bank. The company is based in Greenville, SC.

CapGen Financial Group LP invests in public and private finance based companies located in the US. The fund provides financing for recapitalizations, MBO's and expansion capital for growth opportunities with an investment size of $15 - $100 Million in the form of subordinated debt, preferred stock and common equity, either directly or through warrants. It takes the seat on board directors and makes controlling investments.

The Jacksonville Bank operated as a state chartered commercial bank. Its services included business banking, checking, savings, loans and lines of credit, 1031 exchange, cash management, investments, convenience services, business forms, specialized professional banking programs, accounting, legal, medical, cash management payables processing, escrow accounts, receivable solutions, personal banking and checking, savings, current rates, and reorder checks. The company was founded in 1999 and was headquartered in Jacksonville, FL.

Jacksonville Bancorp, Inc. is a financial holding company, which provides financial services through eight full-service branches in Jacksonville and Jacksonville Beach, Duval County, Florida, as well as its virtual branch. The company's primary business segment is community banking and consists of attracting deposits from the general public and using such deposits and other sources of funds to originate commercial business loans, commercial real estate loans, residential mortgage loans and a variety of consumer loans. Jacksonville Bancorp was founded on October 24, 1997 and is headquartered in Jacksonville, FL.