Leslie Miller, vice president at Iowa State Savings Bank, Knoxville, received the Iowa Bankers Association’s 2018 James A. Leach Leadership Award for her contributions to ag banking in the state. [Continue]
Day five of our M&A series: Continuing the allocation of risk theme, each party inserts protections into a definitive agreement to protect them against losses from a deal gone bad. [Continue]
This month, BankBeat takes a magnifying glass to M&A activity. Part 4: Putting price and financial condition in the rear-view, what happens if a deal goes sour? [Continue]
This month, BankBeat takes a magnifying glass to M&A activity. Part 3: With purchase price and terms of the deal hammered out, the parties will then turn towards the nuts and bolts of the transaction. [Continue]
This month, BankBeat takes a magnifying glass to the merger and acquisition activity underway in the community banking industry. Now that you’ve set the purchase price, exactly how will that payment be made? [Continue]
This month, BankBeat takes a magnifying glass to the merger and acquisition activity underway in the community banking industry. First up: Purchase price and its factors. [Continue]
In spite of due diligence and best intentions, merger and acquisition activity invariably heightens the risk of liability and the threat of shareholder lawsuits that claim some degree of economic harm due to a merger. [Continue]
Despite lingering concerns in the ag sector and a tightening labor market, the landscape is looking up for banks. Second quarter GDP growth was 4.1 percent and fintech is a ripe field for exploration. [Continue]
It can be difficult to discern what excites Kathy Thorson more: helping people or promoting her community. The longtime business banker and newly-named community banking president of MetaBank, Sioux Falls, is adept at both. [Continue]
First Home Bank of Mountain Grove, Mo., and Stockmens Bank of Colorado Springs, Colo., have agreed to merge. The transaction is expected to close later this year.
Initially, First Bancshares, Inc., the parent company of First Home Bank, will purchase Stockmens Bank. Second, First Home Bank will be merged into Stockmens Bank resulting in First Bancshares owning one Colorado bank operating as Stockmens Bank in Colorado, State Bank of Bartley, Neb., and First Home Bank. [Continue]