News & Events – In The News

Tom Rudkin quoted in S&P Global’s article “Big Credit Union Looks for Bank Acquisitions in Florida”

Friday, July 27, 2018

S&P Global’s July 23, 2018 Community Corner article featured DD&F’s principal, Thomas Rudkin, weighing in on the opportunities available to credit unions seeking to expand through bank acquisitions. Click here to read the full article.

Read More

Tom Rudkin quoted in “Tiny Kansas Bank Bets Big on Fintech”

Friday, March 2, 2018

DD&F’s own Thomas Rudkin was quoted in a February 27, 2018 American Banker article titled “Tiny Kansas Bank Bets Big on Fintech.” In it, he addresses how community banks interested in investing in fintech can do so wisely.  To read the article, click here.

Read More

Umpqua Announces Early Termination of Loss Share Agreements

Monday, November 13, 2017

Congratulations to Umpqua Bank (Umpqua) of Roseburg, Oregon for successfully terminating their FDIC loss share agreements on their three failed bank receiverships: Nevada Security Bank, Rainier Pacific Bank, and Evergreen Bank.

As of November 14, 2017 Umpqua will now recognize entirely all future gains, recoveries, charge-offs, losses and expenses related to […]

Read More

Harbor Community Bank Announces Early Termination of Loss Share Agreements

Sunday, October 15, 2017

Congratulations to Harbor Community Bank (Harbor) of Fort Pierce, Florida for successfully terminating their FDIC loss share agreements on their failed bank receivership: Putnam State Bank.

As of October 11, 2017 Harbor will now recognize entirely all future gains, recoveries, charge-offs, losses and expenses related to the formerly covered assets with […]

Read More

MidWestOne Announces Early Termination of Loss Share Agreements

Wednesday, July 19, 2017

Congratulations to MidWestOne Bank (MidWestOne) of Iowa City, Iowa for successfully terminating their FDIC loss share agreements on their five failed bank receiverships: Mainstreet Bank, Jennings State Bank, Riverview Community Bank, Commerce Bank of SouthWest Florida and The RiverBank.

As of July 14, 2017 MidWestOne will now recognize entirely all future gains, […]

Read More

BBVA Compass Announces Early Termination of Loss Share Agreements!

Thursday, July 13, 2017

Congratulations to BBVA Compass (BBVA) of Birmingham, Alabama for successfully terminating their FDIC loss share agreements on their failed bank receivership: Guaranty Bank.

As of July 12, 2017 BBVA will now recognize entirely all future gains, recoveries, charge-offs, losses and expenses related to the formerly covered assets with no offset to the FDIC.

[…]

Read More

Great Southern Bank Announces Another Early Termination of Loss Share Agreements!

Saturday, June 10, 2017

Congratulations to Great Southern Bank (Great Southern) of Springfield, Missouri for successfully terminating their FDIC loss share agreements on their last failed bank receivership: Inter Savings Bank, FSB.

As of June 9, 2017 Great Southern Bank will now recognize entirely all future gains, recoveries, charge-offs, losses and expenses related to the formerly […]

Read More

BankSouth Announces Early Termination of Loss Share Agreements!

Thursday, April 13, 2017

Congratulations to BankSouth Holding Company & BankSouth of Greensboro, Georgia for successfully terminating their FDIC loss share agreements on their failed bank receivership: North Georgia Bank.

As of April 12, 2017 BankSouth will now recognize entirely all future gains, recoveries, charge-offs, losses and expenses related to the formerly covered assets with […]

Read More

First-Citizens Bank & Trust Company Announces Another Early Termination of Loss Share Agreements!

Thursday, March 30, 2017

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 their sixth failed bank receivership: Venture Bank.

As of March 29, 2017 First Citizens will now recognize entirely all future gains, recoveries, […]

Read More

Southern Bank & Trust Company Announces Early Termination of Loss Share Agreements!

Wednesday, March 8, 2017

Congratulations to Southern Bank and Trust Company of Mount Olive, North Carolina for successfully terminating their FDIC loss share agreements on their failed bank receivership: Bank of the Commonwealth.

As of March 7, 2017 Southern will now recognize entirely all future gains, recoveries, charge-offs, losses and expenses related to the formerly covered assets with no […]

Read More