Georgia Banking Company, Inc. ("GBC"), the parent company of Georgia Banking Company, today announced the completion of a $77.7 million private placement of primary and secondary shares, led by funds managed by affiliates of Fortress Investment Group (“Fortress”), to support the company’s continued growth and future strategic expansion opportunities. The offering included broad participation from qualified institutional buyers and accredited institutional investors, reflecting strong demand for GBC’s value proposition and positioning in the vibrant Atlanta market.

“We’re building a bank for growing companies across Georgia, and this raise reflects the strength of our model and the markets we serve,” said Bartow Morgan, Jr., Chief Executive Officer of GBC. “Support from nationally recognized investors, including Fortress, speaks to the opportunity in Atlanta as a place where people want to invest. We remain focused on disciplined growth, exceptional service, and building a high-performing bank for the long term.”

GBC plans to deploy the capital to support organic growth, strengthen its balance sheet, provide liquidity to existing investors, and pursue opportunities to expand its presence as a leading bank in Georgia. The investment enhances the company’s capacity to scale its platform and serve a growing base of business clients across the region.

In connection with the transaction, Henchy Enden, a Managing Director at Fortress, has joined GBC’s Board of Directors.

Performance Trust Capital Partners, LLC (“Performance Trust”) served as lead placement agent and Stephens Inc. also acted as a co-placement agent in connection with the transaction.  Troutman Pepper Locke LLP served as legal counsel to GBC, Alston & Bird LLP served as legal counsel to Performance Trust and Skadden, Arps, Slate, Meagher & Flom LLP served as legal counsel to Fortress in connection with the transaction.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the shares in this offering, nor shall there be any sale of these shares in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.