Bank Advisors Ltd.

This week and every week, we’re grateful for the incredible network and community that supports us, trusts us, and grows with us. At Bank Advisors, your partnerships inspire us to work harder and smarter, driving success for everyone we serve. Happy Thanksgiving! 🍁 #BankAdvisors #Bankers #Banking #CommunityBanks

Who’s most likely to break the printer??? And who gives the best advice??? Thanks for taking a break this 🐫 #HumpDay to learn a little more about our team! #BankAdvisors #BankingFun #Bankers 💻 www.BankAdvisorsLtd.com

𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫𝐬 𝐁𝐮𝐲𝐢𝐧𝐠 𝐁𝐚𝐧𝐤𝐬 𝐒𝐞𝐫𝐢𝐞𝐬 Question #3 - What is a business plan that the regulators will approve? Currently, cryptocurrency, cannabis, and some fintech-related businesses face significant regulatory challenges when seeking approval to own a bank. This isn’t our judgment—it's the reality of the current regulatory environment. Until these regulations evolve, pursuing approval may be a wasted effort. However, for mortgage companies, finance firms, private lenders, deposit aggregators, and other conventional businesses, the path to approval is more achievable, albeit rigorous. Success hinges on submitting a detailed, regulator-approved business plan with three years of precise financial projections and assembling a qualified management team with local banking expertise. Drafting a regulatory-compliant business plan is no small feat. Unlike traditional business plans, these must meet specific requirements, including financial projections in the FFIEC call report format and adherence to strict regulatory ratios. Missteps here can lead to rejections and costly delays. Engaging experienced legal and business advisors to get it right the first time is crucial. Banks remain excellent investments, particularly for “banking adjacent” businesses that can benefit from integration. While the hurdles are real, they are far from insurmountable with the right guidance. Visit www.BankAdvisorsLtd.com to learn more about our team and how we can support finding your next bank purchase. #BankAdvisors #Banking #Bankers #CommunityBanks #BankingIndustry #Banks

𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫𝐬 𝐁𝐮𝐲𝐢𝐧𝐠 𝐁𝐚𝐧𝐤𝐬 𝐒𝐞𝐫𝐢𝐞𝐬 Question #2 - Is the Regulatory approval process too daunting? The truth is it is pretty tough. There are statutory disqualifiers such as felony criminal convictions, bankruptcy, current tax problems, and others that could make approval a non-starter. Even if you are a saint, you have to go through a very rigorous approval process to own a bank. Having said all that, people are approved every day to own banks all over the U.S. It really helps the approval process to have legal and business advisors who know the regulators well and know how to assist you in framing your application to give you the best chance of approval. No, your real estate attorney brother-in-law is not who you should hire. Nor is the $1000 per hour patent lawyer your business uses now. Getting your application approved requires a well-crafted application, a business plan that complies with written regulatory standards, and a management team with high level banking experience. It also requires experienced advisors to assist you in best answering the regulators’ questions concerning your application and business plan. The final thing it requires is patience. The approval process will take 6 months or more from start to finish and will involve several rounds of questions from the regulators. Visit www.BankAdvisorsLtd.com to learn more about our team and how we can support finding your next bank purchase. #BankAdvisors #Banking #Bankers #CommunityBanks #BankingIndustry #Banks

Today, we pause to honor the incredible sacrifices made by our veterans. Your courage, dedication, and service inspire us all. From our team at Bank Advisors, thank you for protecting the freedoms we hold dear. 🇺🇸 #VeteransDay #Gratitude #Veterans #Heroes

𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫𝐬 𝐁𝐮𝐲𝐢𝐧𝐠 𝐁𝐚𝐧𝐤𝐬 𝐒𝐞𝐫𝐢𝐞𝐬 Question #1 - How do I find a deal I can afford? It's really hard to find a deal on your own. "Putting the word out" with your friends and acquaintances will rarely find you a deal. There are banks and credit unions in the business of looking every day for banks to buy. That is your competition. The good news is, there are also firms (like ours) that are also in the business of looking every day for banks for investor groups to buy. These firms are aware of current and upcoming opportunities and can help you find the perfect deal. How much to pay is always a question. Forming a new bank will cost at least $25 million, will take more than a year for approval, and will usually lose money for 5 or more years until it gets on its feet. It's way quicker and more cost effective to buy an existing bank. The price to buy an existing bank is based on a multiple of the bank's capital considering the bank's earnings, location, personnel, and operations. Bank Advisors has had clients buy and recapitalize a profitable existing bank for as little as $7 million. The time frame for approval is also significantly shorter as a general rule. Visit www.BankAdvisorsLtd.com to learn more about our team and how we can support finding your next bank purchase. #BankAdvisors #Banking #Bankers #CommunityBanks #BankingIndustry #Banks

Today we are kicking off a four-post series discussing why entrepreneurs aren’t buying banks and diving into the top three reasons we are seeing this trend. Follow along and leave your comments for our team over the next few days. We look forward to hearing your feedback. 👉 Why don’t business entrepreneurs buy banks anymore? There was a time when every town had its own bank. The local bank was the primary engine of economic growth in its region. The founders of the bank were the local business owners, farmers, and community leaders who understood that a well-run local bank, making good loans to its neighbors, would help their town grow and prosper, and would therefore provide more (and wealthier) customers for their primary businesses. Certainly, in the age of digital banking, fintechs, and mega banks; nostalgia for the old days, while heartwarming for us bank nerds, can’t replace reality. Bank customers don’t need to take the horse and buggy to town to make a deposit. Banking services are generally available to anyone with a smart phone or computer. Local business owners don’t need to own the bank in their town anymore. But the question still remains. Why don’t business entrepreneurs buy banks anymore? There are countless owners of traditional “banking adjacent” businesses that should consider owning their own bank but don’t. Mortgage companies, leasing companies, SBA lenders, private lenders (either real estate or asset based), deposit aggregators, etc. all can greatly benefit from owning their own bank. We’ve talked to them all. The ones we’ve helped take the plunge almost never regret it. The ones that don’t usually have three major questions that we’ll be featuring next in our feed. 🖥️ www.BankAdvisorsLTD.com #Banking #Bankers #BankAdvisors #BankMergers #BankAcquisitions #CommunityBanks

Bankers noticing discrepancies in borrower performance or declining metrics should consider scheduling a workout field exam with us this month. In this clip, Meghan McGuire dives into the surge of workout exams and shares insights from her experience conducting them. Reach out to learn more about how these exams can make a difference for your portfolio. ☎️ 630-926-2299 🖥️ www.BankAdvisorsLtd.com #WorkoutExams #FieldExam #BankAdvisors #MidwestBankers #Banking #CommercialBanking #BankingSolutions #ClientSupport

Here’s looking at YOU! 😉 Visit www.BankAdvisorsLtd.com to discuss how we can support your bank in Q4 and 2025. 🏦 Julie Bromann, AI-GRS, CIA #BankAdvisors #ComplianceSupport #Underwriting #AssetBasedLending #FieldExams #BankingCompliance #RegulatoryExams #CommunityBanks #Bankers

Take a moment today to get to know our team & who’s most likely to skip out early on a Friday! 😆 #BankAdvisors #Bankers #Banking #CommunityBanking #Banks