We have completed approximately 30 de novo bank applications. We have represented Organizers for bank charters as well as trust company charters. We have represented Organizers before State chartering authorities as well as the Office of Thrift Supervision (OTS) and Office of the Comptroller of the Currency (OCC). We prepare a three part application including (1) Business Planning, (2) Financial Forecasting and (3) Feasibility Analysis. Our applications have never been declined by regulatory authorities.
We conduct a review, preparation and response for regulatory examinations. We negotiate on your behalf and represent you in front of regulatory authorities. We perform compliance assessment and testing for performance consistency with regulatory agreements & requirements.
We help you develop strategies and initiatives regarding new branching opportunities. We perform a rigorous market evaluation including estimating loan and deposit demand from economic, demographic and competitive data. We prepared a financial forecast of the branch and superimpose these results on a forecast of your bank. We examine the differential impact on profitability, leverage and liquidity. We complete the process by developing and preparing a turn-key regulatory application for new branches.
We perform a financial appraisal of your institution regarding the decision to convert from a mutual to a stock form of organization. We determine the amount and pricing of common stock which can be raised. We prepare the business plan and regulatory application for converting to either a mutual holding company and or a full stockholder owned institution.