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NEW YORK (AP) -- The president and chief executive of Crescent Banking Co. bought 5,000 shares of common stock, according to a Securities and Exchange Commission filing Monday. In a Form 4 filed with the SEC, James Boggus reported he bought the shares Friday for $29.15 apiece. Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction. Crescent Banking is based in Jasper, Ga.
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