Franklin Synergy Bank's recently announced plans to buy MidSouth Bank in an all-stock transaction valued at $38 million marked the most significant community bank transaction in Middle Tennessee since the recession and, according to industry experts, similar deals are expected in the coming year. In this Nashville Business Journal article, Steve Eisen discusses the potential roadblocks that may appear in bank merger transactions. Mr. Eisen notes that book valuation has become the biggest challenge in executing merger deals since the recession.
"With the recession over the past few years, there's been general uncertainty with what the buyer is purchasing," Mr. Eisen said. "There are a lot of questions of what's on the books."
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