News & Events Archive – 2016
Congratulations to IBERIABANK (IBERIA) of Lafayette, Louisiana for successfully terminating their FDIC loss share agreements on their six failed bank receiverships: CapitalSouth Bank, Century Bank, F.S.B., Orion Bank, Sterling Bank, Creekside Bank and Patriot Bankof Georgia.
The agreement was reached on December 21 and in the […]Read More
Congratulations Renasant Bank!
Congratulations to Renasant Bank (Renasant) of Tupelo, Mississippi for successfully terminating their FDIC loss share agreements on their four failed bank receiverships: Crescent Bank & Trust Co., American Trust Bank, Citizens Bank of Effingham and First Southern National Bank.
The agreement was reached on December 8 and in […]Read More
(LITTLE ROCK, AR–October 15, 2016) –DD&F Consulting Group, Inc., headquartered in Little Rock, Arkansas, recently received top honors when presented with the Arkansas Governor’s Award for Performance Excellence. The award was a part of the Arkansas Quality Awards program which partners with the prestigious Malcolm Baldridge National Quality Award process. The award was […]Read More
(LITTLE ROCK, AR October 13, 2016) – Randy Dennis, President of DD&F Consulting Group, Inc. headquartered in Little Rock, Arkansas, has announced that Thomas “Tom” Rudkin has joined DD&F as a Principal of the firm. In this position, Rudkin will be responsible for Mergers & Acquisitions and strategic business development for DD&F Consulting.
Congratulations Providence Bank!
Congratulations to Providence Bank (Providence) of Columbia, Missouri for successfully terminating their FDIC loss share agreements on their failed bank receivership: Premier Bank.
The agreement was reached on September 9 and in the third quarter of 2016, the termination agreement will eliminate from the company’s books the true-up liability […]Read More
Congratulations Midland States Bank!
Congratulations to Midland States Bancorp Inc. (Nasdaq: MSBI) & Midland States Bank (Midland) of Effingham, Illinois for successfully terminating their FDIC loss share agreements on two failed bank receiverships: Westbridge Bank & Trust Co. and Strategic Capital Bank.
Under the terms of the October 3 agreement, Midland made a net […]Read More
August 31, 2016
By Andy Peters
Some banks can’t get out of their Federal Deposit Insurance Corp. loss-share agreements fast enough. Others, however, may have to stay partners with the FDIC for a while longer.
The banks that have been rushing to terminate their agreements want to exit before […]Read More
DD&F’s Hugh Patterson was recently published in the June edition of the Arkansas Banker with regard to upcoming changes to ACH transactions. Click the link for the article: Coming Soon to a Bank Near You: Same Day ACH.Read More
Congratulations Arvest Bank!
Congratulations to Arvest Bank (Arvest) of Fayetteville, Arkansas for successfully terminating their FDIC loss share agreements on their failed bank receivership: SolutionsBank.
Under the terms of the July 18 agreement, Arvest made a net payment of $4.8 million to the FDIC as consideration for early termination of […]Read More
Congratulations First-Citizens Bank & Trust Company!
Congratulations to First Citizens BancShares, Inc (Nasdaq: FCNCA) & First-Citizens Bank & Trust Company (First Citizens) of Raleigh, North Carolina for successfully terminating their FDIC loss share agreements on five failed bank receiverships: Temecula Valley Bank, Sun American Bank, Williamsburg First National Bank, Atlantic Bank […]Read More