We are pleased to present the latest installment of Banking Almanac, a comprehensive report on all Georgia banks and thrifts with data as of and for the twelve months ended June 30, 2022 as well as a comprehensive view of… Read More >
It is Time to Think About M&A
M&A is Back Say what you will about 2020, Alabama’s banking system changed on a dime to meet the needs of our clients and local economies. Think about it. Branches closed, digital services grew, employee and customer health needs were… Read More >
Economies of Scale in Community Banks: An FDIC Study
Overview In December 2020, the FDIC produced a staff study entitled Economies of Scale in Community Banks1 which concluded community banks generate 90% of potential efficiency gains when a bank’s loan portfolio reaches $300 million and continue to accrue cost… Read More >
Understanding Your Local Economy in the COVID Era
The best way to understand what is happening in your market is to do what Alabama Community Bankers excel at every day…understanding your clients and their financial needs. That said, having reliable, timely economic data applicable to your community is… Read More >
The Bank Shot – July 2020
In This Issue In “YTD 2020 Bank Valuations” we review YTD Regional and Community Bank deal valuations. In “YTD 2020 Bank M&A Scorecard” we review YTD Community Bank M&A transactions. In “M&A Strategies During the COVID-19 Pandemic” we discuss our… Read More >
Merger of BankFirst Capital Corporation and Traders & Farmers Bancshares Completed
On July 1, 2020 BankFirst Capital Corporation of Macon, MS and Traders & Farmers Bancshares, Inc. of Haleyville, AL announced the closing of their merger which combines two well-respected banking franchises and creates a $1.8 billion institution operating across Alabama… Read More >
M&A Strategies During the COVID-19 Pandemic
Overview Porter White & Company (“PW&Co”) reviewed almost 4,000 community bank M&A transactions since 2001 to ascertain the impact, by county, of county economic standing (as measured by GDP) on deal activity and transaction pricing. We believe this analysis may… Read More >
First Southern State-Vantage Merger Complete
On October 31, 2019 First Bancshares of Stevenson, Inc. of Stevenson, AL (“FBS”) and Vantage Bancshares, Inc. of Albertville, AL announced the closing of their merger which combines two well-respected banking franchises and creates a $525 million institution. The company… Read More >
River Bank-Trinity Bank Merger Complete
On October 31, 2019 River Financial Corporation of Prattville, AL and Trinity Bancorp, Inc. of Dothan, AL announced the closing of their merger which combines two well-respected banking franchises and creates a $1.30 billion institution operating in three of Alabama’s… Read More >
CB&S Bank-PrimeSouth Bank Complete Merger
On July 31, 2019 CBS-Banc Corp. of Russellville, AL and PrimeSouth Bancshares, Inc. of Pike Road, AL announced the closing of their merger which combines two well-respected banking franchises and creates a $1.9 billion institution operating in three of Alabama’s… Read More >
PW&Co Advises First Southern State Bank in Acquisition
First Bancshares of Stevenson, Inc. of Stevenson, AL (“FBS”) and Vantage Bancshares, Inc. of Albertville, AL (“Vantage”) announced yesterday the signing of a definitive agreement under which FBS and Vantage will enter into a strategic merger to combine two well-respected… Read More >
PW&Co Advises Trinity Bank in Merger
River Financial Corporation of Prattville, AL and Trinity Bancorp, Inc. of Dothan, AL announced today the signing of a definitive agreement under which River and Trinity will enter into a strategic merger to combine two well-respected banking franchises and create… Read More >
PWC Advises PrimeSouth Bank in Merger
CBS-Banc Corp. of Russellville, AL and PrimeSouth Bancshares, Inc. of Pike Road, AL announced today the signing of a definitive agreement under which CBS and PrimeSouth will enter into a strategic merger to combine two well-respected banking franchises and create… Read More >
BankFirst-FNB of Central AL Complete Merger
On April 1, 2019 BankFirst Capital Corporation of Columbus, MS and FNB Bancshares of Central Alabama, Inc. of Tuscaloosa, AL announced the closing of their merger that combines two well-respected banking franchises. The merger creates a $1.3 billion institution and… Read More >
BancorpSouth-Merchants Complete Merger
On April 1, 2019 BancorpSouth Bank of Tupelo, MS (NYSE: BXS) and Merchants Trust, Inc. of Jackson, AL announced the closing of their merger that combines two well-respected banking franchises. The merger expands BancorpSouth’s presence in southwest Alabama, including the… Read More >
Peoples Southern Merges with River B&T
River Financial Corporation of Prattville, AL and PSB Bancshares, Inc. of Clanton, AL have closed their merger, effective October 31, 2018. The combined bank has approximately $1.1 billion in total assets, $700 million in total loans and $900 million in… Read More >
Peoples Southern Bank Advised by Porter White in Merger with River Bank & Trust
River Financial Corporation of Prattville, AL and PSB Bancshares, Inc. of Clanton, AL announced last week the signing of a definitive agreement under which River Bank & Trust and Peoples Southern Bank will enter into a strategic merger to combine… Read More >
The Bank Shot, Q4 2017
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.
