In this issue of The Bank Shot, our quarterly newsletter for community banks, we take a robust look at the bank M&A arena in 2017. Click here to read the full report.
First National Bank of Brundidge Advised by Porter White in Sale to Troy Bank & Trust
Henderson Bancshares, Inc. of Troy, AL and First Brundidge Bancshares, Inc. of Brundidge, AL announced yesterday the signing of a definitive agreement for Henderson, the parent company of Troy Bank & Trust, to acquire First Brundidge and its wholly-owned subsidiary… Read More >
Bank of Wedowee’s Sale to First Bank of Alabama Complete
Bank of Wedowee’s (Wedowee, AL ) sale to First Bank of Alabama (Talladega, AL) was completed this week. The combined institution has approximately $540 million in total assets through six banking locations in east Alabama. Principals of Porter White &… Read More >
The Bank Shot – August 2017
In This Issue In “Up, Up and Away…Bank M&A Scorecard June 30, 2017,” we discuss how M&A activity and pricing so far in 2017 is noticeably up compared to 2016. In “The Ol’ Pea Under the Shell Game,” former Alabama… Read More >
Birmingham Area Economic Report, Q1 2017
This report explores a few key statistics that paint a picture of the Birmingham area economy. The Porter, White & Company Birmingham Area Economic Report, published quarterly, places the Birmingham area economy in a state, regional and national context. Click… Read More >
Bank of Wedowee Advised by PW&Co in Sale to First Bank of Alabama
Talladega, AL – FirstBanc of Alabama, Inc. of Talladega, AL and Swann Bancshares, Inc. of Wedowee, AL announced today the signing of a definitive agreement for FirstBanc, the parent company of First Bank of Alabama, to acquire Swann and its… Read More >
What’s It Worth, Q4 2016
Our quarterly valuation review explores recent valuation trends in the public and private markets, directed to small and middle market business owners and the professionals and financial institutions that serve them. The review is designed to provide realistic guidance on… Read More >
The Bank Shot – February 2017
Click here for the PDF. In This Issue In “Trump Bump?…2016 Bank M&A Scorecard,” we discuss how M&A in 2016 was down compared to 2015 but wonder if the November election could be a boon to 2017 bank M&A. In… Read More >
Birmingham Area Economic Report, Q3 2016
This report explores a few key statistics that paint a picture of the Birmingham area economy. This is the tenth edition of the newly reinstated Porter, White & Company Birmingham Area Economic Report, which is published quarterly. The results in… Read More >
The Bank Shot – October 2016
In “IRS Besieges Family Controlled Banks,” we discuss proposed regulations that could have far-reaching and punitive consequences for family-owned banks. In “Q3 2016 Bank M&A Scorecard,” we review current trends in bank M&A and discuss the impact of loose-lipped politicians…. Read More >
What’s It Worth, Q1 2016
Our quarterly valuation review explores recent valuation trends in the public and private markets, directed to small and middle market business owners and the professionals and financial institutions that serve them. The review is designed to provide realistic guidance on… Read More >
Birmingham Area Economic Report, Q1 2016
The headline news of this report is that job growth for the ten years ending March 31, 2016 in the Birmingham-Hoover MSA has lagged behind all but one comparable Southeastern MSA and that job growth for the last ten years… Read More >
The Bank Shot – July 2016
In this quarter’s newsletter, we examine where bank stocks trade and their effect on bank M&A pricing. Rising Tide?…Bank M&A Scorecard June 30, 2016 The first half of 2016 bank M&A activity is in the books and nationally there were… Read More >
The Bank Shot – April 2016
In “Tone from the Top…Bank Secrecy Act Update,” Richard Hills discusses recent BSA developments and sheds light on the important “tone from the top” concept about which all bank executive management should be aware as it relates to BSA compliance…. Read More >
What’s it Worth, Q4 2015
U.S. middle-market private equity activity remained strong throughout 2015 as elevated transaction multiples were accompanied by unprecedented levels of debt. The continued abundance of cheap liquidity will likely keep deal prices elevated for the near term, which is good news… Read More >
Birmingham Area Economic Report, Q4 2015
This report explores a few key statistics that paint a picture of the Birmingham area economy. This is the seventh edition of the newly reinstated Porter, White & Company Birmingham Area Economic Report, which is published quarterly. Click here to… Read More >
Make Deal Flow Great Again
Last month, members of the Porter White & Company (PW&Co) team attended a professional conference with over 1,000 middle-market private equity professionals and other capital providers. The story we have heard for the past few years continued – competition to… Read More >
The Bank Shot – January 2016
This issue of The Bank Shot gives expert insight on the current regulatory environment as well as an update on the M&A marketplace. In “What to Ask Washington,” Larry C. Lavender identifies issues that community bankers should bring up with… Read More >
