---
schema_version: "secwatch.filing_event.v1"
accession: "0001336706-26-000017"
form_type: "8-K"
ticker: "NPB"
cik: "0001336706"
company_name: "NORTHPOINTE BANCSHARES INC"
filed_at: "2026-03-13T23:59:59+00:00"
generated_at: "2026-05-15T12:23:53.907561+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Northpointe Bancshares issues $20M subordinated note at 7.50% fixed rate due 2036

## Summary
- Sold $20.0M 7.50% Fixed-to-Floating Rate Subordinated Note due March 15, 2036 to an institutional accredited investor.
- Note bears 7.50% fixed rate through March 15, 2031, then resets quarterly at 3-month SOFR plus 415 bps.
- Proceeds used for general corporate purposes; note intended as Tier 2 capital for regulatory purposes.
- Note is unsecured, subordinated to senior debt, and redeemable in whole or part on or after March 15, 2031.
- The offering was conducted as a private placement under Section 4(a)(2) and Rule 506(b) of Regulation D.

## SEC filing metadata
- accession: 0001336706-26-000017
- form_type: 8-K
- ticker: NPB
- cik: 0001336706
- company_name: NORTHPOINTE BANCSHARES INC
- filed_at: 2026-03-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1336706/000133670626000017/0001336706-26-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1336706/000133670626000017/npb-20260312.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001336706-26-000017
- JSON: https://secwatch.observer/filing/0001336706-26-000017.json
- Plain text: https://secwatch.observer/filing/0001336706-26-000017.txt

## Key facts
- Debt Financings
  NORTHPOINTE BANCSHARES INC incurred senior notes of $20.0 million with institutional accredited investor at 7.50% maturing March 15, 2036.
  - Instrument: senior notes
  - Principal: $20.0 million
  - Counterparty: institutional accredited investor
  - Rate: 7.50%
  - Maturity: March 15, 2036
  - Event: incurrence
  source text: On March 12, 2026, Northpointe Bancshares, Inc. (the “Company”) entered into a Subordinated Note Purchase Agreement (the “Purchase Agreement”) with an institutional accredited investor (the “Purchaser”), pursuant to which the Company sold and issued a $20.0 million 7.50% Fixed-to-Floating Rate Subordinated Note due 2036
  evidence_url: https://www.sec.gov/Archives/edgar/data/1336706/000133670626000017/0001336706-26-000017-index.htm
- Material Agreements
  NORTHPOINTE BANCSHARES INC entered into Subordinated Note Purchase Agreement with an institutional accredited investor valued at $20.0 million (effective 2026-03-12).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: an institutional accredited investor
  - Value: $20.0 million
  - Effective: 2026-03-12
  source text: On March 12, 2026, Northpointe Bancshares, Inc. (the “Company”) entered into a Subordinated Note Purchase Agreement (the “Purchase Agreement”) with an institutional accredited investor (the “Purchaser”), pursuant to which the Company sold and issued a $20.0 million 7.50% Fixed-to-Floating Rate Subordinated Note due 2036 (the “Note”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1336706/000133670626000017/0001336706-26-000017-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.