Houston, TX, April 12 – Green Bancorp, Inc., the holding company for Green Bank, N.A., announced today that it has entered into definitive agreements with several independent investment firms providing for an aggregate investment of $115 million in common stock of the company. The investors include funds affiliated with Friedman Fleischer & Lowe, LLC, Harvest Partners, LP and Pine Brook Road Partners, LLC. No investor will own more than 24.9 percent of the common stock of the company. The proposed investments are subject to receipt of requisite regulatory clearances and other customary closing conditions.

“We are hopeful the transaction will close in the second quarter at which time additional capital will be added to Green Bank,” said Manny Mehos, founder and chairman of the board of Green Bancorp. “The confidence of these new investors reinforces the banking model we have built over the past three years. Green Bank will bring much needed capital, managerial talent and proven products and processes to a fragile banking industry.”

The new capital will be used to expand current operations as well as to pursue growth opportunities, including bank and branch acquisitions, structured transactions and FDIC-assisted transactions.

“The new capital will allow Green Bank to proceed with conversations we have had with other banks as we pursue acquisition opportunities in Texas markets,” said Geoff Greenwade, Green Bank’s president and CEO. “Our bankers are finding great opportunities. The additional resources will also support our ongoing growth, through loan generation and deposit gathering in metro-Texas markets.”

Green Bank works with middle market businesses and executive-level clients through nnovative products and personalized services. Focused on sustainability in its practices, the bank is headquartered in an energy efficient building, supports environmentally-based nonprofit organizations and rewards clients for conserving resources.

At the close of 2009, Green Bank reported total assets of $544.6 million, total equity capital of $52.5 million and total loans receivable of $372.9 million. Credit quality remains strong as non-performing loans represent .05 percent of total assets. The bank’s commercial and private banking staff is actively seeking commercial loan opportunities and core personal and business deposit products.

About Green Bancorp
Green Bancorp’s wholly owned subsidiary, Green Bank, N.A., is a national bank headquartered in Houston, Texas focusing on the commercial and private banking needs of middle market businesses and individuals with innovative products and attention.

Green Bank is committed to streamlining processes, preserving resources and performing to a higher standard. Green Bank employees are empowered to work toward long-term goals and make sound lending and investment decisions.
Green Bank, N.A. is a federally chartered bank regulated by the Office of the Comptroller of the Currency, a division of the Department of the Treasury of the United States.
www.greenbank.com

About Friedman Fleischer & Lowe, LLC
Established in 1998, Friedman Fleischer & Lowe, LLC (“FFL”) is a San Francisco-based private equity firm with approximately $2.5 billion under management that is focused on investing in U.S. middle-market companies. FFL’s principals have 90 years of collective experience as private equity investors, senior executives, board members, and financial and strategic advisors. FFL’s targeted sectors include financial services, consumer products, outsourced business services, education and healthcare. Previous investments in the financial services industry include CapitalSource, Montpelier Re, GeoVera Insurance Group, Wilton Re and JonesTrading. For more information on FFL, visit www.fflpartners.com.

About Harvest Partners, LP
Founded in 1981, Harvest Partners is a $1.3 billion New York-based private investment firm, pursuing growth financings and management buyouts. Harvest Partners is managed by a group of experienced investors who focus on the financial services, light industrial, manufacturing, energy, business services and consumer industries. Harvest has almost 30 years of experience in successfully investing in market leading companies led by first-class management teams. For more information on Harvest Partners, please visit our web site at www.harvpart.com.

About Pine Brook Road Partners, LLC
Pine Brook Road Partners, LLC, is a $1.43 billion New York-based private equity firm established in 2006 by a team of experienced private equity professionals to make business building and other equity investments, primarily in the energy and financial services sectors, where the firm’s partners have more than 100 years of combined experience. Pine Brook typically backs experienced management teams in building businesses that have the potential for significant long-term capital appreciation. For more information please visit the company’s web site at  www.pinebrookpartners.com.

Green Banker Randy Gartz recently penned a piece for Intown Magazine that describes how it can be done. 

Green Bank customer Water and Waste Water Technologies  talked to Entrepreneur Magazine about landing a small business loan with an independent bank.  Click here to see how Green Bank was able to help.

PRESS RELEASE
For Immediate Release

Green Bank Pushes 3Q Growth Nearly 20 Percent

Total assets reach $341 million

Houston, Nov. 12  – Taking advantage of a strong capital position, a $56.7 million increase in quality loans and enhanced FDIC insurance limits, Green Bank has grown to $341 million in total assets during the third quarter of 2008. At the close of last quarter, Green Bank had $286 million in assets; one year ago, the bank had assets of $235.7 million.

“The current market has created many opportunities for Green Bank.  Because of our strong position, we have continued to build a sound loan portfolio while other banks have slowed,” said Geoff Greenwade, Green Bank president and CEO.  “We are aggressively pursuing deposits with innovative products and by taking advantage of recent FDIC changes.  As customers leave the larger national and regional banks, many are choosing the stability and innovation of independent banks like Green Bank.”

Green Bank reported a Tier 1 Leverage Capital Ratio of 15.79 percent pursuant to regulatory guidelines for filing Consolidated Reports of Condition and Income.  Standards specify that the minimum Tier 1 Leverage Capital Ratio to be considered “well capitalized” is five percent.

“Green Bank’s capital ratios remain very strong; we have seen no significant deterioration in the credit quality of our customer base,” said CFO John Durie.  “As a result, we have been able to attract deposits with the safety provided by our stable capital position and portfolio.”

Total deposits were $247 million at the close of the quarter, an increase of $48.7 million from the last quarter.

“Green bank is leading with new deposit options.  Going beyond traditional CD and money market accounts, we are maximizing the recent FDIC changes for our customer’s advantage,” said Randy Gartz, executive vice president.  “By combining accounts from multiple banks, leveraging earnings credits dollars and building stronger banking relationships, our team is piloting best practices that allow entrepreneurs and businesses to reduce their cost of capital.”

Additional Information:

Graph of Green Bank’s quarterly asset since inception:

About Green Bank

Founded in 2006, Green Bank works to optimize the long-term return to our shareholders while providing a safe and sound investment in a socially-responsible and resource-efficient enterprise.

Our commitment is to streamline processes, preserve resources and perform to a higher standard.  Green Bank employees are empowered to choose the right path, work towards long-term goals, make sound lending and investment decisions, reduce resource consumption and choose local service providers.

Green Bank, N.A. is a federally chartered bank regulated by the Office of the Comptroller of the Currency, a division of the Department of the Treasury of the United States.  www.greenbank.com

For more information: Mike Barone
mbarone@greenbank.com
(713) 275-8243

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Green Bank customers are benefiting from the recent FDIC coverage increase.

The best insurance is the kind you don’t need—sound loans to strong companies is our foundation of our success and long-term security.

PRESS RELEASE

FDIC Bank Savings Now Insured to $250,000

Green Bank’s first-level of security is a sound loan portfolio

Houston, Oct. 15 – Following the enactment of the Emergency Economic Stabilization Act of 2008, Green Bank is offering Federal Deposit Insurance Corporation (FDIC) insurance coverage to $250,000 per depositor; the coverage increase is automatic.  The act temporarily raises the basic limit on FDIC coverage from $100,000 to $250,000 per depositor. The legislation specifies that the insurance limit will return to $100,000 on December 31, 2009.

FDIC insurance covers funds in bank deposit accounts, including checking and savings accounts, money market deposit accounts, certificates of deposit and individual retirement accounts. FDIC insurance does not cover stocks, bonds, mutual fund shares, life insurance policies, annuities, municipal securities or repurchase agreements.

“With the recent loses of the stock market, many investors are focused on protecting their principal.  The collapse of brokerage accounts was a surprise to many investors who are now choosing the stability of community banks,” notes Geoff Greenwade, president & CEO, Green Bank.  “Additional FDIC insurance coverage is a smart way to protect investors.  Green Bank believes that better security comes from a strong portfolio, a commitment to sound banking practices and ability to continue loan writing for leading businesses, entrepreneurs and customers. ”

In a follow-up move to further strengthen banking system confidence, the FDIC has also announced the Temporary Liquidity Guarantee Program which provides full coverage of non-interest bearing deposit transaction accounts, regardless of dollar amount.  Typically, these are mainly payment-processing accounts, such as business payroll accounts, and often exceed the current maximum limit of $250,000.

“The increased insurance protection will attract more depositors to banks.  For many, the $100,000 level forced them to spread deposits to many institutions or simply choose to not assure total coverage,” said John Durie, CFO of Green Bank.  “The coverage increase closely equals an inflation adjustment to current levels from 1980—the year the FDIC last adjusted coverage amount from $40,000 to $100,000.”

About Green Bank
Green Bank works to optimize the long-term return to our shareholders while providing a safe and sound investment in a socially-responsible and resource-efficient enterprise.

Our commitment is to streamline processes, preserve resources and perform to a higher standard.  Green Bank employees are empowered to choose the right path, work towards long-term goals, make sound lending and investment decisions, reduce resource consumption and choose local service providers.

Green Bank, N.A. is a federally chartered bank regulated by the Office of the Comptroller of the Currency, a division of the Department of the Treasury of the United States.  www.greenbank.com

For more information: Mike Barone
mbarone@greenbank.com
(713) 275-8243

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