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BNC Bancorp files mixed shelf

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BNC Bancorp files mixed shelf

High Point, N.C.-based BNCBancorp on July 19 filed an automatic shelf registration statement forthe sale of an unspecified amount of various securities from time to time.

The filing covers the sale of senior debt securities, subordinateddebt securities, convertible debt securities, preferred stock, common stock, warrantsand units.

Unless otherwise specified in a prospectus supplement, BNC Bancorpplans to use the net proceeds from the sale of the securities for general corporatepurposes, which may include buying back its outstanding common stock, financingpossible acquisitions, diversifying into other banking-related businesses, and extendingcredit to or funding investments in Bankof North Carolina.