Investment Banking Update Bill Sammon, Managing Director Raymond James & Associates, Inc. Mr. Sammon has over 17 years of experience in the investment business focusing on Financial Institutions. His background includes institutional sales, capital formations of public and private instruments and private equity. He currently manages the Financial Institutions Sales and Trading Group which makes principal markets in over 600 banks. He is a member of the advisory board for the HBI Private Equity Fund I, HBI Private Equity Fund II and ICBA Private Equity Fund I and is a director of HBI Funds LLC. Mr. Sammon is a graduate of the University of Iowa with a Bachelor's degree in Economics. Bill Wagner, Managing Director Raymond James & Associates, Inc. Mr. Wagner joined Raymond James in 2011 as part of the merger with Howe Barnes Hoefer & Arnett. Prior to joining Howe Barnes in 2005, Wagner co-founded the Financial Institutions Group at Triangle Capital Partners. Prior to joining Triangle Capital Partners in 2002, Wagner was a Senior Vice President at Trident Securities. He served as a Vice President and corporate tax manager of First Citizens Bank, Raleigh, NC prior to joining Trident. He began his career as a tax consultant at Deloitte & Touche in Columbus, OH. Wagner holds a BS degree from Miami University and an MBA degree from the Fuqua School of Business at Duke University. Wagner is also a Certified Public Accountant. Attorney Panel Discussion BT Atkinson, Partner Bryan Cave LLP B.T. is a partner in the Charlotte office of Bryan Cave, an international law firm. He has a general corporate, securities and regulatory practice focused on serving regional and community banks in the Carolinas. His recent transactions include private equity led recapitalizations, TARP securities auctions, acquisitions, and branch dispositions. BT has been admitted to practice in North Carolina for over 20 years, and was recently admitted in South Carolina after passing the state's bar exam in July. Prior to attending law school, Mr. Atkinson was an accountant with Price Waterhouse in its Charlotte office. He is a frequent speaker for both the North and South Carolina Bankers Associations.
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Investment Banking Update - Elliott Davis · Capital Partners. Prior to joining Triangle Capital Partners in 2002, Wagner was a Senior Vice President at Trident Securities. He served
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Investment Banking Update
Bill Sammon, Managing Director Raymond James & Associates, Inc. Mr. Sammon has over 17 years of experience in the investment business focusing on Financial Institutions. His background includes institutional sales, capital formations of public and private instruments and private equity. He currently manages the Financial Institutions Sales and Trading Group which makes principal markets in over 600 banks. He is a member of the advisory board for the HBI Private Equity Fund I, HBI Private Equity Fund II and ICBA Private Equity Fund I and is a director of HBI Funds LLC. Mr. Sammon is a graduate of the University of Iowa with a Bachelor's degree in Economics. Bill Wagner, Managing Director Raymond James & Associates, Inc. Mr. Wagner joined Raymond James in 2011 as part of the merger with Howe Barnes Hoefer & Arnett. Prior to joining Howe Barnes in 2005, Wagner co-founded the Financial Institutions Group at Triangle Capital Partners. Prior to joining Triangle Capital Partners in 2002, Wagner was a Senior Vice President at Trident Securities. He served as a Vice President and corporate tax manager of First Citizens Bank, Raleigh, NC prior to joining Trident. He began his career as a tax consultant at Deloitte & Touche in Columbus, OH. Wagner holds a BS degree from Miami University and an MBA degree from the Fuqua School of Business at Duke University. Wagner is also a Certified Public Accountant. Attorney Panel Discussion BT Atkinson, Partner Bryan Cave LLP B.T. is a partner in the Charlotte office of Bryan Cave, an international law firm. He has a general corporate, securities and regulatory practice focused on serving regional and community banks in the Carolinas. His recent transactions include private equity led recapitalizations, TARP securities auctions, acquisitions, and branch dispositions. BT has been admitted to practice in North Carolina for over 20 years, and was recently admitted in South Carolina after passing the state's bar exam in July. Prior to attending law school, Mr. Atkinson was an accountant with Price Waterhouse in its Charlotte office. He is a frequent speaker for both the North and South Carolina Bankers Associations.
Neil Grayson, Partner Nelson Mullins Riley & Scarborough LLP Neil Grayson, a partner with Nelson Mullins Riley & Scarborough LLP, is the head of the Firm's Financial Institutions Practice Group and the Mobile Payments Practice Group. Mr. Grayson advises clients on matters related to corporate governance, bank regulatory matters, securities offerings and reporting requirements, mergers and acquisitions, executive compensation, and related corporate matters. Mr. Grayson is also on the board of directors of Public Education Partners and the South Carolina Student Loan Corporation. Chip King, Shareholder Haynsworth Sinkler Boyd, P.A. Chip King is the senior member of the Firm’s corporate securities and financial institution regulatory practices. In the securities area, he has acted as SEC counsel in dozens of IPOs and registered offerings. He regularly advises both reporting and non-reporting companies and their directors on their fiduciary duties in the context of shareholder proposals, tender offers, proxy contests, going private transactions and general corporate law. Economic Update Bruce Yandle, Dean Emeritus Clemson University Bruce Yandle is a consultant, writer and speaker on economics and political economy. He is Mercatus Center Distinguished Adjunct Professor of Economics at George Mason University and participates regulatory in the Center’s Capitol Hill lecture series. Yandle is Dean Emeritus of Clemson University’s College of Business & Behavioral Science and Senior Fellow Emeritus, Property & Environment Research Center (PERC) in Bozeman, MT. While serving as Alumni Distinguished Professor of Economics at Clemson University, he taught in graduate programs in France, Italy, Germany, and the Czech Republic. He is author/editor of 17 books, including his forthcoming co-authored Cato Institute book, Bootleggers and Baptists: Understanding America’s Regulatory Journey. Dr. Yandle served in Washington on two occasions, first as a senior economist on the White House staff during the Ford Administration and later as Executive Director of the Federal Trade Commission in the Reagan Administration.
Investing in the 3rd Era of Banking Ryan Tillery Performance Trust Capital Partners, LLC Since joining Performance Trust Capital Partners, LLC in 2006, Ryan has been focused primarily on the education and application of the Total Return Shape Management® methodology. He is a Director and shareholder at Performance Trust and a recurrent speaker at Principles of Performance™, formerly Bond Math University®. In addition, Ryan routinely presents to senior management teams, ALCOs, and Boards of Directors at financial institutions across the country. Ryan graduated from Westmont College in Santa Barbara, California in 2003 with a Bachelor of Science degree in business and economics. Issues Facing Community Banks Michael Crapps, CEO First Community Bank Michael C. “Mike” Crapps is a lifelong resident of Lexington County and a 1976 graduate of Lexington High School. He received a B.S. degree in Economics in 1980 from Clemson University, an MBA degree from the University of South Carolina in 1984, and is a graduate of the LSU Graduate School of Banking of the South. He began his banking career in 1980 and, from 1985 through 1994; he was with Republic National Bank in Columbia, becoming president, chief executive officer and a director of that bank. He is a founder of First Community Bank and has served as its president and chief executive officer, as well as on its board of directors since opening the bank in 1995. First Community Bank serves local businesses, entrepreneurs, and professionals with financial solutions in three primary lines of business: commercial banking; residential mortgage banking; and financial planning/investment advisory services. The Bank has $630 million in total assets with eleven offices in the midlands of South Carolina. Sam Erwin, CEO The Palmetto Bank Mr. Erwin has served as Chief Executive Officer and President of The Palmetto Bank since July 2009 and is also the Chief Executive Officer of Palmetto Bancshares, Inc. (holding company for The Palmetto Bank, NASDAQ: PLMT). Mr. Erwin began his banking career in 1990 with First Union National Bank (now Wells Fargo) in various capacities, and just prior to The Palmetto Bank he served as Chief Executive Officer of Community Bancshares, Inc. in Orangeburg, SC. Mr. Erwin has extensive knowledge and experience in banking and the financial services industry.
Mr. Erwin is a Greenwood County native and a cum laude graduate of Clemson University where he received the prestigious Algernon Sydney Sullivan Award. He was named Outstanding Young Banker in 2005 by SC Bankers Association and was also recognized as one of the “Top 20 Under 40” by The State in 2004. Mr. Erwin is involved in a wide variety of civic and professional organizations including serving on the Board of Directors for Ten at the Top, the Greenville Chamber of Commerce, Greenville Free Medical Clinic, The Palmetto Society of United Way, Greenville Tech Foundation, and Business Development Corporation of South Carolina. Jerry Rexroad, CEO Carolina Financial Corporation Jerold L. Rexroad is President and Chief Executive Officer of Carolina Financial Corporation. Mr. Rexroad is also Senior Executive Vice President and Chief Administrative Officer of CresCom Bank, a $900 million community bank headquartered in Charleston, SC and Chief Executive Officer and Chairman of the Board of Crescent Mortgage Company. Crescent Mortgage Company is a wholesale mortgage company which operates in 43 states and has originated $2 billion in mortgage loan volumes annually. He is a Certified Public Accountant with over 20 years of experience in financial institution management. Mr. Rexroad graduated cum laude from Bob Jones University and began his career in 1982 with Peat, Marwick, Mitchell and Co., a predecessor to the national accounting firm KPMG LLP. He became a KPMG partner in 1994 with responsibilities for all financial institutions in South Carolina. A&A Update Lee Haynes, Shareholder Elliott Davis Lee has more than 20 years of combined experience in public accounting and accounting/management positions in publicly held companies. He has participated in the audits of larger entities, including multinational and multistate operations. Lee concentrates his time in the financial services industry serving both publicly traded as well as privately held community banks located in North Carolina, South Carolina and Virginia. In addition to financial services expertise, Lee has extensive experience with preparation of consolidated financial statements, Securities and Exchange Commission (SEC) filings and Sarbanes-Oxley compliance. Garry Rank, Shareholder Elliott Davis Garry focuses on corporate auditing and accounting as well as consultation regarding governance, financial systems and internal controls. With more than 33 years of experience, his industry concentrations include financial services, manufacturing and Securities and Exchange Commission (SEC) reporting. Additional professional experience includes the management of complex engagements, mergers and acquisitions, projects involving subsidiary companies and the application of accounting and reporting standards.
Regulatory Panel Discussion Michael Egan, Supervisor Examiner Federal Deposit Insurance Corporation Mike began his FDIC career in 1985 as a Bank Liquidation Specialist and came to the Bank Supervision Division in 1997 as a Bank Examiner in the Charlotte, NC. He left the FDIC for three years while he served as a consultant to the banking and financial services industry. However, he returned in 2004, and currently serves as a Supervisory Examiner in the Charlotte FO where he provides input on complex issues at examinations and reviews the ALLL methodologies at exams throughout the Charlotte Territory. Prior to his appointment as a Supervisory Examiner, Mike was a Senior Bank Examiner in the Complex Financial Institutions Branch in the Washington Office. As the Acting Assistant to the Deputy Director for Complex Financial Institutions, Mike worked on many high profile and complex matters. He is a Certified Public Accountant, and regularly speaks to audiences inside and outside the Corporation regarding accounting matters. Mike has participated in the Corporation’s Executive Leadership Program and is a graduate of Widener University, Chester, PA. In 2012, he received a Certificate in Forensic Accounting from UNC-Charlotte. Paul Frey, Supervisory Examiner Federal Reserve Bank of Richmond Paul is a Managing Examiner for the Federal Reserve Bank of Richmond. He works in the Supervision, Regulation & Credit Department and is based out of the Charlotte, North Carolina office. Paul’s primary responsibilities include managing the regulatory relationships of a portfolio of large and complex holding companies across the Fifth District. Paul has over twenty years of regulatory experience serving in a variety of capacities and started his career with the Federal Reserve Bank of Philadelphia. Paul is a native of the Philadelphia, Pennsylvania area, and received his Bachelors of Science degree in Accounting from the Pennsylvania State University, and his Masters of Business Administration degree from Saint Joseph’s University. Kelly Maher, Senior Analyst Officer of the Comptroller of the Currency Kelly Maher is the Analyst to the Assistant Deputy Comptroller (ADC) in the Charlotte field office and has served in this capacity since 2011. In this role, Ms. Maher is primarily responsible for assisting the ADC with field office operations, providing technical expertise to field examiners, and analyzing supervision findings for the office’s portfolio of banks and thrifts. She also acts as a conduit between field examiners and other regulatory agencies on matters that affect the office’s banks and thrifts. Presently, the Charlotte field office supervises all nationally chartered community banks and federal savings associations (“thrifts”) operating in North and South Carolina. Ms. Maher began her career with the OCC in 2005 and was commissioned as a National Bank Examiner in 2009. She graduated from the University of Tampa in 2005 magna cum laude and with a bachelor’s degree in finance
700 East Morehead Street Suite 400 Charlotte, NC 28202 Direct: 704.808.5208 Office: 704.333.8881 Fax: 704.749.7908 [email protected]
Lee E. Haynes, CPA Shareholder Services: Assurance | Industries: Financial Services Professional Overview Lee has nearly 20 years of combined experience in public accounting and accounting/management positions in publicly held companies. He has participated in the audits of larger entities, including multinational and multistate operations. Lee concentrates his time in the financial services industry serving both publicly traded as well as privately held community banks located in North and South Carolina. In addition to financial services expertise, Lee has extensive experience with preparation of consolidated financial statements, Securities and Exchange Commission (SEC) filings as well as Sarbanes-Oxley compliance. Since enactment of Sarbanes-Oxley, Lee has overseen audits of internal control over financial reporting as required by Sarbanes-Oxley for audit clients as well as assisted in the design, documentation and implementation of internal control programs for non-audit SEC registrant clients. Education, Credentials and Special Training Certified Public Accountant B.A, Accounting, Furman University National Banking School, McIntire School of Commerce at the University of Virginia Professional Affiliations American Institute of Certified Public Accountants North Carolina Association of Certified Public Accountants South Carolina Association of Certified Public Accountants Georgia Society of Certified Public Accountants