News & Events Archive – 2016

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IBERIABANK Announces Termination of FDIC Loss Share Agreements

Wednesday, December 21, 2016

Congratulations IBERIABANK!

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 […]

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Renasant Bank Announces Termination of FDIC Loss Share Agreement

Thursday, December 8, 2016

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 […]

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DD&F Consulting is Awarded the Governor’s Award for Performance Excellence!

Thursday, October 13, 2016

(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 […]

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Florida Investment Banker Joins DD&F

Thursday, October 13, 2016

(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.

[…]

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Providence Bank Announces Termination of FDIC Loss Share Agreement

Tuesday, October 11, 2016

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 […]

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Midland States Bank Announces Termination of FDIC Loss Share Agreements

Tuesday, October 11, 2016

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 […]

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Randy Dennis Quoted in “Why Many Banks are Hanging on to FDIC Loss-Share Pacts”

Tuesday, September 6, 2016

August 31, 2016

American Banker

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 […]

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“Coming to a Bank Near You—Same Day ACH”

Thursday, July 21, 2016

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.

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Arvest Bank Announces Termination of its FDIC Loss Share Agreements

Thursday, July 21, 2016

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 […]

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First-Citizens Bank & Trust Company Announces Termination of its FDIC Loss Share Agreements

Thursday, July 21, 2016

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 […]

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