Noah Bank has completed a capital raise resulting in approximately $10.96 million of net proceeds to the bank. Of the shares of common stock sold in the offering, 1,210,000 were sold to “friends and family” through the efforts of Noah Bank CEO Edward Shin. The remaining shares of common stock and subordinated shares were sold to several institutional investors. “We are very pleased to complete this capital raise,” said bank chairman Young Man Kim. “This is a demonstration of the support that Noah Bank enjoys in the local community, as well as the institutional market.”