Capital

Inadequate capital levels is the #1 problem facing banks today. Integrity 1st Financial will work with your board of directors, executive management team and bank regulators to determine the level of capital needed to keep your bank open. After the minimum capital amount is determined, we will develop a management plan to achieve and maintain the federally regulated capital levels.

The federal government has instituted the TARP program (Troubled Asset Relief Program) to provide an equity injection into the banking system. However the government appears to only allow banks with a credit rating of 1, 2 or 3 to access these much needed funds. They have made it very clear that they will only be providing financial assistance to banks showing a secure financial future. If your bank has a rating of 4 or 5, or you have a cease and desist order, you will most likely be unable to access these funds and will be forced to raise additional capital on your own. As our country's financial difficulties continue to worsen, raising additional capital from your existing shareholders is almost impossible. Integrity 1st Financial has access to leading investment banking firms and M&A Advisory firms that offer assistance in raising capital as well as bank merger and acquisition services.

Attaining the required capital levels is not always as easy as raising additional money. The bank's board of directors and executive management team may need to downsize the asset size of the bank in order to reduce the bank's leverage to achieve the appropriate capital requirements. If the bank does not have the ability to achieve an adequate capital level, we can help develop a plan to market the bank for sale in order to achieve maximum value.

Integrity 1st Financial is only interested in providing solutions that are in the best interest of your bank. We have a team of ex-bank examiners from the OCC, Federal Reserve, OTS and FDIC available to assist us in regulatory guidance to help ensure your bank remains open and profitable.