Overview
October 7-8, 2019
Hyatt Regency Bloomington-Minneapolis
3200 East 81st Street
Bloomington, MN 55425
BFKN is proud to be a sponsor of the Bank Holding Company Association's (BHCA) 2019 Fall M&A Seminar, "M&A as a Strategy for Maintaining Independence." The BHCA has planned this event for bankers who are serious about understanding the M&A landscape in the community banking industry so that they may plan for a future that meets their needs, as well as the expectations of their shareholders and their community.
Joseph T. Ceithaml, leader of the Financial Institutions Group's Securities and Transactional practice areas, will speak in a session examining the regulatory and transactional challenges surrounding the growth of Park Financial Group, an active acquirer of banks located in Minnesota. Below is a description of the session from the BHCA's program agenda.
From $30M to $1B and Beyond: The Park Financial Group Story
Monday, October 7 | 4:00 PM
Joseph T. Ceithaml
David Saber | Park State Bank
In late 2015, Park Financial Group, Inc., acquired Park State Bank, an underperforming $30 million bank. Following another bank acquisition and a large minority holding company investment, Park Financial Group’s investments currently total $800 million in banking assets, and in 2018, Park State Bank was the No. 1 top performing community bank in the country, according to S&P Global Market Intelligence’s ranking of top U.S. banks under $3 billion. Hear from the Chairman and CEO of Park Financial Group and the organization’s outside legal advisor, as they discuss how they navigated numerous regulatory, structuring, and transaction challenges.