De Novo Bank Services
Due to the consolidation of the financial institutions industry over the past two decades, numerous opportunities have surfaced for investors to organize new or 'de novo' financial institutions to serve the needs of local communities.
At Monroe Shine, our in-depth experience with financial institutions has provided us with the ability to facilitate the formation of a de novo institution, including business issues and regulatory requirements.
Our clients in this arena are served by our preparation of financial projections, regulatory filings and communications with regulatory agencies. As well, we can also advise on the selection of a charter, the formation of holding companies and the process of raising capital.
Client Services
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Analysis of business and charter selection.
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Business plan development.
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Financial projections.
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Preparation of regulatory applications.
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Development of internal policies and procedures.
Benefits to Clients
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De novo experience.
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Specialized industry knowledge.
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Knowledge of regulatory agencies and their policies.
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Relationships with key advisors including investment bankers and legal counsel.
Merger and Acquisition Services
Our financial institutions services group has advised clients in mergers and acquisitions, ranging from deposit and full branch acquisitions and divestitures to bank mergers and sales. Clients are assisted throughout the acquisition process with analyzing the potential transaction, performing comprehensive due diligence, preparing regulatory filings and executing an integration plan.
To serve our clients best in this arena, we assist them by conducting financial analyses and forecasting, including the evaluation of capital needs. To provide seamless service, we work in tandem with our clients' legal counsel and other professionals to develop a plan to complete the transaction on schedule. Our role includes evaluating the target institution's financial condition, market position and opportunities for growth, and improvements in post-acquisition operating results. Advice is furnished on regulatory issues, tax planning and accounting rules relevant to a proposed transaction.
Client Services
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Acquisition strategies.
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Transaction structuring.
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Due diligence.
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Information technology reviews.
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Post-acquisition integration assistance.
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Tax planning.
Benefits to Clients
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In-depth experience in providing external and internal audit services to financial institutions enables the delivery of efficient and timely work products.
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Efficient work flows permit clients to control the costs of internal audit functions, providing a high level of expertise not available internally.
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Comprehensive resources are provided to improve clients' internal audit functions by out-sourcing or training their in-house staff.
Loan and Credit Review Services
Very often, financial institutions opt to outsource credit reviews in order to provide independent analyses of the lending function. These reviews include complete loan review outsourcing, credit administration evaluations and recommendations concerning the drafting or revision of lending policies.
At Monroe Shine, our professionals are experienced in evaluating credit administration, loan documentation, credit analysis and loan policy design. Clients are also served by our provision of training on credit analysis and how to understand financial statements in order to enhance the skills of lending personnel.
Client Services
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Outsourced loan reviews
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Loan policy designs
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Credit administration reviews
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Loan document reviews
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Training of lending personnel and loan review staff
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Problem loan analyses and allowances for loan losses documentation
Benefits to Clients
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Furnishing assistance to clients in improving asset quality and reducing credit risk
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Provision of an independent and objective perspective
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In-depth experience enables us to identify potential problem credits as well as areas for improvement in credit administration and documentation
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Practical, common sense approaches in meeting clients' needs in this arena
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Qualified advice on the proper accounting treatment and regulatory issues related to problem loans and the development of documentation supporting management's conclusions
