Form D · Commercial Banking
TriSummit Bank
Kingsport, TN · CIK 0001515678
Offering snapshot reported Mar 16, 2011 · SEC filing
- Reported sold
- $48K Offering amount: $25M
- Investors reported
- 2 Form D · investor count
- Minimum accepted
- $20K Reported outside-investor minimum
- First sale
- Feb 17, 2011 As reported in this filing
What changed?
Latest filing versus its linked predecessor, where available.
No comparable changes in the displayed metrics.
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Mar 16, 2011 | Initial | $48,000 | No comparison | 2 | SEC filing |
Offering details
- Securities
- Equity, Option to acquire, Security to be acquired
- Exemptions
- 06
- Duration over one year
- No
- Business combination
- No
- Sales commissions
- $600K (estimated)
- Finders' fees
- $0
- Form D file number
- 021-156825
Estimated sales commissions range from $250,000 (minimum sold) to $1,250,000 (maximum sold) based on an average commission of 5%.
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| Commercial Street Capital, LLC | 143797 |
Source: Form D, filed Mar 16, 2011. Minimum accepted may differ from a standard advertised minimum.
Fund connections
No confirmed ADV fund connection is available for this issuer.
People & organizations
Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.
| Name | Reported role |
|---|---|
| Wallace Douglas (Doug) Alley, Jr. | Director |
| William B. Bell Iii | Executive |
| Lois A. Clarke | Director |
| Teddy R. Fields | Executive |
| A. Brock Fleenor | Executive |
| Vincent K. Hickam | Executive |
| John H. King | Director |
| Richard A. Manahan, Ed.D., Cpa | Director |
| Robert B. Mc Nab, Jr. | Director |
| Charley Mack Patton, M.D. | Director |
| George Joseph Schneider | Executive |
| R. Lynn Shipley, Jr. | Executive |
| Brenda White Wright | Director |
Issuer details
Industry: Commercial Banking (See others in industry)
Address:
422 Broad Street
Kingsport, TN, 37660
Kingsport, TN, 37660