Recorded: May 31, 2012
Length: 60 Minutes
The community banking environment is improving and will present your bank with a number of opportunities in the near term. Now is the time to consider your bank's capital and ownership structure so you are prepared to take advantage of what is to come. Community Bank Capital and Ownership Issues in the Current Environment will contain a detailed discussion of the current capital raising environment and several capital and ownership planning issues that your board should consider. The presentation will contain an in-depth discussion of:
- Community bank capital raising techniques in the current environment, including the sale of stock and leveraging debt through your bank holding company (whether to prepare for future growth or to "refill the coffers" after a tough couple years)
- The benefits to your bank and shareholders of reorganizing as a Subchapter S corporation
- The benefits of suspending SEC reporting by "going private"
- Managing and rearranging your shareholder base
- Other important issues regarding capital and ownership planning
Tomorrow's opportunities will not be open to your bank if your board does not begin planning to take advantage of them today. This presentation will start you off in the right direction by identifying the issues your board should consider to position itself to be ready.
CLISTON V. "DOC" BODINE, III. Mr. Bodine is the Managing Director of the Memphis based law firm of Gerrish McCreary Smith, PC, Attorneys, and Gerrish McCreary Smith, Consultants. Mr. Bodine's legal and consulting practice places special emphasis on regulatory enforcement actions, formal and informal, regulatory examination appeals, civil money penalties, removal and prohibition matters, bank insurance issues, regulatory applications, general regulatory matters, community bank holding company formation and use, mutual holding company formation and use, community bank mergers and acquisitions, strategic planning, incentive compensation issues, corporate reorganizations and general banking and corporate law.
Greyson E. Tuck. Mr. Tuck is an attorney and consultant with the Memphis based law firm of Gerrish McCreary Smith, PC, Attorneys and Gerrish McCreary Smith, Consultants, LLC. These two firms have assisted numerous community banks in virtually every state across the nation. Mr. Tuck's legal and consulting practice places special emphasis on community bank holding company formation and use, community bank mergers and acquisitions, regulatory matters, corporate reorganizations, corporate taxation, general corporate law and community bank strategic planning.
1 CPE Credit
Program Level: Basic-Intermediate