As a number of financial institutions begin to emerge from the downturn that began in 2008, others that have deferred interest payments under their trust preferred securities (TRUPS) are fast approaching another potential impasse. Issuers of TRUPS generally are allowed under the terms such instruments to defer interest payments […]
Banking Update
Takeaways: 2014 Acquire or Be Acquired Conference
on Thursday, 13 February 2014 in
Banking Update
Baird Holm LLP partners Amber Preston, Jonathan Wegner and John Zeilinger recently presented at Bank Director’s “Acquire or Be Acquired” Conference in Scottsdale, Arizona. Here are some of the major takeaways and trends from the attendees and other presenters at the conference: Earnings Trends (Finally) Improve. Firms tracking bank […]
Overcoming M&A Hurdles in Closely Held Banks
on Wednesday, 8 January 2014 in
Banking Update
This article was originally published by BankDirector.com on January 6, 2014. The family dynamic in closely held banks is a powerful driver in bank mergers and acquisitions today, and deals involving closely held financial institutions often take a very different tack than transactions by their publicly traded brethren. Whether […]
Patent Trolls Focus on the Banking Industry
on Friday, 3 January 2014 in
Banking Update
As the Nebraska Attorney General takes to Capitol Hill to testify to the deleterious practices of patent trolls on Nebraska banks and businesses, many institutions are still grappling with exactly what a “patent troll” is, how they operate and why they are allowed to do what they do. Patent […]
FDIC Guidance: Preparing for Rising Interest Rates
on Friday, 20 December 2013 in
Banking Update
With rising interest rates looming somewhere on the horizon, the FDIC has re-emphasized the importance of appropriate interest-rate risk oversight and risk management processes to ensure that banks are positioned to avoid or mitigate risks inherently associated with rising rates.1 FDIC Concerns The FDIC is concerned that certain institutions […]
