Phil Timyan

@TimyanBankAlert $IBCP paying 148% of book for $HCBN illustrates how cheap some other Michigan banks are. $OXBC $GNRV (for good reasons) $STBI $CYFL

All was quiet for shareholders of Highpoint Community Bank. For years until yesterday. $HCBN

EX-99.1 $LSBK “We remain committed to acting in the best interests of all shareholders and continuing to execute on our strategic priorities.” sec.gov/Archives/edgar…

Security National Financial Corporation Reports Financial Results for the Year Ended December 31, 2025 finance.yahoo.com/news/security-… 2025 $1.16/share EPS and EOY $16.54 BV and still discussion of repurchasing shares at near 1/2 of Book + the SLC undervalued RE off the books

New board member at $CIBH also

@UnicusResearch Bottom

@charrisinvest I think you have it. As soon as someone is willing to pay the asking price it will be done. Just not sure of the asking price. And no disparagement not uncommon. There are strong rumors rampant in VA banking circles though.

Where do you see $brbs going from here? Build organically until a buyer comes along? Far below the $10 billion asset mark I know Beale wasn’t the long term CEO, but still seemed sudden Is it common to note that both parties agreed to not disparage one another? I imagine making the agreement is normal, but adding that as part of the article is what I wonder about

With troubles in the rearview, Blue Ridge names new CEO $BRBS americanbanker.com/news/with-trou…

Chicago's Signature Bank merges with New York-based Esquire chicagotribune.com/2026/03/12/sig…

@TimyanBankAlert $OSBC $BY and others couldn’t compete w/ $ESQ almost 3 x book currency.

Esquire $ESQ Financial Holdings To Acquire Signature Bancorporation citybiz.co/article/817811…

Wisconsin’s Landmark Credit Union to acquire bank banknews.com/chronicles/wis… #

Stilwell buys more $PFBX. The headline is wrong though. He isn’t an insider. Yet.

Bank Board Exchange Ideas: Deposits & Liquidity. New post: jeff4banks.com/2026/03/bank-b…

Kieran with one banger after another on the private credit gong show

Still long at near breakeven on my Limoneira $LMNR holdings, despite this 61 page proxy statement which is nothing but surveys and consultants trying to justify the board’s pay packages. (TBH, they all sport impressive resumes, but no one’s actually farmed or built houses before🤷‍♂️)

@GoldCityRoller @colarion Raise your hand if your US mainland bank’s CEO lives in Puerto Rico.

@colarion This bank is a joke - trying to be a fintech bank when they cannot even be a successful commercial bank

Legendary board resignation letter at $MVBF. All bank executives must structure their affairs so this doesn’t happen, through alignment, not cronyism.

Jefferies also managed to lend to the Waterstation credit that $FNWB is litigating. Bravo Jefferies

@atlascapitalllc @SowingAlphaSeed @psyopcapital It’s already turning around at $FFBB

@SowingAlphaSeed @psyopcapital @PhilTimyan Any thoughts on if FFBB is going to turn their income around and when? Earnings have been a bit ugly with the merchant services banking order ... when will this turn around?

$trux gets a lot of love on here (and rightly so), what are some other high quality otc banks with good underwriting culture and history of compounding earnings power at a respectable clip?

New post about a suit brought by a community bank holding company against the Fed. So far the suit has generated ~zero public comment, but could wind up being a big deal for the scope of certain permissible activities regardless of who wins the case bankregblog.substack.com/p/complementar…

One issue the IG identifies is that the bank's CEO was responsible for ... just about everything