First NBC Bank Holding Company filed a plan of reorganization with related disclosure statement in the US Bankruptcy Court on March 14, 2018. As per the plan filed, administrative expense claims, fee claims of professionals, ordinary course liabilities, quarterly fees and priority tax claims of $0.08 million shall be paid full in cash. Priority NQDC claims of $0.08 million shall be paid full in cash. Allowed general unsecured claims of $66.41 million will get recovery of 7% in cash. Equity interests, Series D preferred equity and Series E preferred equity shall remain unaltered under the plan. The plan will be funded through available cash in hand, exit facility of $4 million and liquidation of litigation and distribution trust assets.