July 2021 Community Banking Newsletter

We are pleased to present our Newsletter geared exclusively to Alabama’s Community Banks.  Our goal is to provide monthly updates on Community Bank M&A, industry issues and our local economy. We hope you find it useful.

Please click the link for a 2 minute read summarizing stock price, M&A activity, economic and industry news of interest to Alabama Community Bankers. This month’s Newsletter focuses on Q2 21 Call Report data for our state. As detailed in the Newsletter, our banks had another strong quarter evidenced by well managed costs and stabilizing Net Interest Margin. The largest potential near-term issue facing our industry is reflected in the chart below. Alabama lags the nation in COVID vaccines and the growth of the Delta variant could put a damper on Q3/Q4 economic activity and potentially slow growth within our banking system.

Click here for the newsletter in PDF.

Please feel free to contact me anytime with any questions/comments, and please follow us on Twitter @porterwhite_co for the latest news impacting Community Banks.

For more information on Porter White’s community bank practice, please click here.