Episode 8 – August 31, 2016

Team Liftouts as an Alternative to M&A / Evaluating Strategic Alternatives as a Prelude to a Sale / Banks’ Reaction to Shrinking Margins

        • Host: Sharon Lorman, Vice President
          Panel: Bob Kafafian, President and CEO; Jeff Marsico, EVP; Rich Trauger, Managing Director
          Guest: Mary Ann Scully, Chairman, President and Chief Executive Officer, Howard Bank

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      • Podcast Show Notes:

      • Our This Month In Banking (TMIB) podcast highlights significant news and events in banking and our hosts’ take on them, along with interviews with industry thought leaders. New episodes will be available on the last Wednesday of every month here, on Stitcher, Soundcloud, and iTunes for your listening enjoyment. Join us on your commute or at your desk.
      • Topic 1: Team Liftouts as an Alternative to M&A

      • Start time 6:20
      • Our guest, Mary Ann Scully, Chairman, President and Chief Executive Officer of Howard Bank, announced last week that they recently hired three BB&T commercial relationship managers. Howard Bank is a $989 million dollar bank headquartered in Ellicott City, Maryland.
      • Also, United Community Banks of Blairsville, GA, a $10.4 billion-asset company hired a four-person team from Community & Southern Bank in Atlanta that specializes in financing senior-care facilities. (C&S was sold last month to Bank of the Ozarks for $800 million.) The team has been able to tap into positive trends, originating more than $400 million of senior-care-related loans last year, and has booked $80 million in loans since joining United.
      • Are team lift outs more advantageous than M&A?
      • Topic 2: Evaluating Strategic Alternatives as a Prelude to a Sale

      • Start time 23:50
      • Anchor Bancorp in Lacey, Washington, which has been facing pressure from a prominent activist investor to sell itself, has hired an investment bank to explore strategic options. The $419 million-asset company said in a press release Monday that it had hired Keefe, Bruyette & Woods to assist in a process that could include a sale.
      • What is the handicap that Anchor sells?
      • Topic 3: Banks’ Reaction to Shrinking Margins

      • Start time 30:45
      • Net interest margins have only gotten tighter this year. American Banker, in a slideshow, took a look at the reasons why, how much some banks are hurting and what certain institutions are doing to relieve the pressure.

Watch for episode 9 of This Month in Banking to be released on Wednesday, September 28, 2016 and a new episode on the last Wednesday of every month.

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