Merger Assessmenrt

MERGER ASSESSMENT

Through Seifried & Brew's extensive experience in strategic planning and capital planning, S&B has the expertise to independently assess and analyze the merger of community financial institutions on numerous levels.

THE S&B PERFORMANCE RISK REPORT

The assessment process starts with the S&B Performance Risk Report ("S&B PRR"). By using this report, a potential merger can be analyzed not only by the performance of the institutions, but more importantly on the risks they are taking. The proprietary S&B Total Risk Index delves further into the analytic process by providing an overall risk ranking of the target institution compared to all community financial institutions in the nation; this risk ranking also reveals all the components of the target's capital risk, credit risk, earnings at risk, and liquidity risk. S&B has the capability of providing analyses of individual financial institutions and one or multiple merged institutions. The analyses include trending and comparisons to all community financial institutions in the nation and by state.

THE SEIFRIED & BREW STRATEGIC PLANNING MODEL

The S&B Strategic Planning Model can project a merger out to five years. The model projects the balance sheet, income statement, key ratios, capital adequacy, and dividend payments. More importantly, the model projects out the combined value created by the merger by using the S&B proprietary economic value of equity ("EVE") model; this modeling can indicate the future stock value.

S&B collaborates with the management team on model assumptions and can provide multiple scenarios including changes in acquisition values, net overhead, and capital issues.

EDUCATION AND FACILITATION

S&B have the talents you need to properly educate your board on what to strategically focus on when considering a merger. S&B has the knowledge to independently examine the strengths, weaknesses, and the opportunities of a merger.