Financial Institutions, Valuations, Mergers, and Acquisitions: The Fair Value Approach

Acknowledgments. Preface. THE FOUNDATION: FINANCIAL INSTITUTIONS, VALUATIONS, MERGERS, ACQUISITIONS, REGULATORY AND ACCOUNTING ENVIRONMENT. Introduction to Financial Institutions. Overview of the Valuation Process. Overview of Mergers and Acquisitions. Regulatory Environment and Financial Reporting Process of Financial Institutions. FUNDAMENTALS OF VALUATIONS: CONCEPTS, STANDARDS, AND TECHNIQUES. Value and Valuation: A Conceptual Foundation. Approaches to Measuring Value. Valuations for Tax and Accounting Purposes. Intangible Asset Valuation. ASSESSMENT OF FINANCIAL INSTITUTIONS. Financial Analysis of Banks and Bank Holding Companies. Internal Characteristics Assessment. External Environment Assessment. VALUATION OF MERGERS AND ACQUISITIONS. The Bank Merger and Acquisition Process. Accounting Standards on Mergers and Acquisitions. Valuing a Bank as a Business Enterprise. Valuation of Tangible Bank Assets. Core Deposits as a Special Type of Intangible Asset Valuation. Derivative Financial Instruments. Real World Bank Valuation Complications.