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 addressed, a whole new class of loans was created, delivered, and monitored, all the while… Read More >
News & Insights
Municipal Market Update – March 2021
Our Municipal Market Update is data-driven, one page sheet that is intended to give you an overview of key interest rates – floating as well as the credit spreads of key local and state entities with data as of March 31, 2021. It is written for those making credit and investment related decisions for municipalities and non-profit… Read More >
February 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 multiples, and the impact of the… Read More >
The Role of Financial Models in M&A
Size Matters As mentioned in prior Board Briefs1 and as evidenced by the following graph reflecting Market Capitalization to Tangible Book Value (“TBV”) of all publicly traded community banks, size and scale is a proven way to enhance bank valuation2. Price to Tangible Book Value by Bank Asset Size as of February 26, 2021 Source:… Read More >
Municipal Market Update – February 2021
Our Municipal Market Update is data-driven, one page sheet that is intended to give you an overview of key interest rates – floating as well as the credit spreads of key local and state entities with data as of February 28, 2021. It is written for those making credit and investment related decisions for municipalities and non-profit… Read More >
January 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 Q4 and Full Year 2020 Call Report results for… Read More >
Mississippi Banking Almanac – 4Q20
We are pleased to present the latest installment of Banking Almanac, a comprehensive report on all Mississippi banks and thrifts with data as of and for the twelve months ended December 31, 2020 as well as a comprehensive view of Community Bank performance, defined as banks with less than $2B in assets for banks in Mississippi… Read More >
Georgia Banking Almanac – 4Q20
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 December 31, 2020 as well as a comprehensive view of Community Bank performance, defined as banks with less than $2B in assets for banks in Georgia… Read More >
Alabama Banking Almanac – 4Q20
We are pleased to present the latest installment of Banking Almanac, a comprehensive report on all Alabama banks and thrifts with data as of and for the twelve months ended December 31, 2020 as well as a comprehensive view of Community Bank performance, defined as banks with less than $2B in assets for banks in Alabama… Read More >
Municipal Market Update – January 2021
Our Municipal Market Update is data-driven, one page sheet that is intended to give you an overview of key interest rates – floating as well as the credit spreads of key local and state entities with data as of January 31, 2021. It is written for those making credit and investment related decisions for municipalities and non-profit… Read More >
December 2020 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. Alabama’s economy continues to hold up well through December despite reduced level of stimulus support. As indicated by improved… 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 savings until the portfolio reaches $3.3 billion, at which time unit cost begin to increase. … Read More >
November 2020 Community Bank 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. Through November, Alabama economy and Community Banks continue to perform well. PNC acquisition of BBVA will impact our state… Read More >
COVID, Capital, Scale & Opportunity: A Case for Community Bank Mergers
COVID has accelerated change in our economy, and banking is no exception. We all know the issues: (i) declining Net Interest Margin, (ii) the need to reduce costs and grow fee income, (iii) a potential shift from branches to digital. These challenges are arising in a time when we are not sure of our bank’s… Read More >
October 2020 Community Bank Newsletter
We are pleased to present our second 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. Despite the pandemic, another strong quarter for Alabama Community Banks, as declining NIM was largely offset by reduced… Read More >
Alabama Banking Almanac – 3Q20
We are pleased to present the latest installment of Banking Almanac, a comprehensive report on all Alabama banks and thrifts with data as of and for the twelve months ended September 30, 2020 as well as a comprehensive view of Community Bank performance, defined as banks with less than $2B in assets for banks in Alabama… Read More >
Mississippi Banking Almanac – 3Q20
We are pleased to present the latest installment of Banking Almanac, a comprehensive report on all Mississippi banks and thrifts with data as of and for the twelve months ended September 30, 2020 as well as a comprehensive view of Community Bank performance, defined as banks with less than $2B in assets for banks in Mississippi… Read More >
Georgia Banking Almanac – 3Q20
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 September 30, 2020 as well as a comprehensive view of Community Bank performance, defined as banks with less than $2B in assets for banks in Georgia… Read More >