First Capital Bancshares, Inc. announced that it has received a 4.15% Fixed-to-Floating Rate Subordinated Note due 2031 for gross proceeds of $7,000,000 on September 22, 2021. The note will mature on September 2, 2031. The note will carry an interest of $4.15% for the first five years. After 5 years the note will pay interest at three-month SOFR plus 367 basis points, resetting quarterly. The note includes a right of prepayment without penalty on or after September 1, 2026.