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 >
PWCo’s Jim White Featured in ABA Board Briefs
The Alabama Bankers Association included several expert sources in their May / June 2017 edition of Board Briefs. Contributors shared perspectives on commercial real estate, historic tax credits, financial regulatory reform and many additional topics relevant to the banking sector…. 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 >
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 >
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 >
Bank of Pine Hill Fairness Opinion
Family Security Credit Union (Decatur, AL) and Bank of Pine Hill (Pine Hill, AL) have entered into a definitive agreement for Family Security to purchase substantially all the assets and assume the deposits of Bank of Pine Hill. The transaction… 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 >
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 >
Principal Trends and Interest, Q3 2015
This past August Porter White attended the Alabama Bankers Association’s CEO and Directors College in Point Clear, AL. One frequent topic of discussion was the bank merger marketplace. There seemed to be a general consensus that the M&A market was… Read More >
Shifting Sands in Birmingham’s Banking Scene
Deposit market share data for the U.S. banking system, which provide insight to a given market’s competitive landscape, were released in late September by the FDIC. Such data are released annually by the FDIC as of each June 30th. An… Read More >
Principal Trends and Interest, Q2 2015
We are pleased to present “Addressing Activist Shareholders” by Robert Klingler with Bryan Cave LLP. Klingler explores how banks can manage the delicate issue of activist shareholders. In “The Long and Winding Road…First Half 2015 Bank M&A Scorecard,” we review… Read More >
PW&Co Provides Valuation Opinion for HomeTown Bancorp of Alabama
PW&Co was retained by HomeTown Bancorp of Alabama, Inc. (Oneonta, AL) to provide a valuation opinion to the board of directors. PW&Co provided a third-party, independent valuation after performing due diligence, considering certain scenario analysis, and applying various industry standard… Read More >
SouthPoint Bank Valuation Opinion by PWCo
PW&Co was retained by SouthPoint Bank of Birmingham, AL to provide a valuation opinion in conjunction with a stock option plan. PW&Co provided a third-party, independent valuation after performing due diligence, considering certain scenario analysis, and applying various industry standard… Read More >
Principal Trends and Interest, Q1 2015
In “Party Like It’s 1999?…First Quarter 2015 Bank M&A Scorecard,” we review the merger marketplace and look for clues to understand the forces currently affecting bank M&A. Porter White is also pleased to present “CFFB ‘Hot-Button’ Areas to Know” by… Read More >
Principal Trends and Interest, Q4 2014
Porter, White & Company presents Principal Trends and Interest, a newsletter for community banks. In this issue we look at the curious case of today’s M&A environment and two services banks require but often overlook. 2014 M&A Scorecard: Clear as… Read More >
