Community Banks De-Registering with SEC Pursuant to JOBS Act

Community banks continue to take advantage of new JOBS Act thresholds that now allow banks with less than 1,200 shareholders[1] to deregister with the SEC.  Prior to April 2012, the deregistration threshold was 300 shareholders.

According to the SEC, at least 35 banks or bank holding companies have deregistered with the SEC since the passage . . . → Read More: Community Banks De-Registering with SEC Pursuant to JOBS Act

Community/Regional Banks Continue to Outperform Big Banks in the Stock Market

Stock investors currently are valuing the community/ regional banking sector at a higher price-to-book value ratio than the largest U.S. banks, as recently highlighted in a WSJ article.  The valuation difference is particularly interesting in the context of several recent events:

the May 14, 2012 announcement by the Federal Reserve, FDIC and the OCC . . . → Read More: Community/Regional Banks Continue to Outperform Big Banks in the Stock Market

Obtain Better Loan Rates - Iowa Midwest Disaster Area Bonds

People often think of tax-exempt bonds as something used only by state or municipal governments or not-for-profits.  However, due to legislation designed to help Iowa (and other affected states such as portions of Wisconsin and Illinois) to recover from the 2008 floods, for-profit businesses can take advantage of a tax-exempt bond program that can . . . → Read More: Obtain Better Loan Rates – Iowa Midwest Disaster Area Bonds

Obtain Better Loan Rates - Utilize Outside Accountants

It makes intrinsic sense (and deal practitioners have long sensed) that borrowers with audited financial statements tend to get better terms in loan deals. Now, a Chicago Booth study discussed in the Wall Street Journal has shown that, on average, audited businesses pay more than half a percentage point below the interest . . . → Read More: Obtain Better Loan Rates – Utilize Outside Accountants