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COMMUNITY BANK
EXPERIENCE
CORRESPONDENT
BANK EXPERTISE
Fixed Income Securities Sales
•
Bond Accounting & Safekeeping
•
Loan Hedging (ARC Program)
•
Commercial & Industrial Credits
•
International Services
•
Clearing/Cash Management
•
Asset/Liability Management Reporting
s banks continue to pursue acquisitions as part of
512.681.4452 800.848.8573
their growth strategy in a rising interest rate en-
vironment, core deposits are receiving increasing
buyer scrutiny during the due-diligence process. 111 Congress Avenue, Suite 400
It’s important to anticipate that the fair value Austin, Texas 78701
accounting conventions required to translate a
transaction to a bank’s financial statements can af-
www.csbcorrespondent.com
fect post-acquisition earnings. This is because the
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intangible asset associated with the core deposits
needs to be recognized after a transaction, and a
bank’s auditors will certainly dissect the measure-
ment of that intangible asset.
by DONOVAN TRONE
MARCH–APRIL 2018 | 25
