The Challenge The chief financial officer of a community bank was incapacitated due to health issues, leaving a critical vacancy in a key role for this $1 billion+ institution. The client’s executive management recognized it needed interim CFO support to manage the year-end audit and financial statement preparation, a process made more complicated by a […]

A $700 million financial institution had a problem. As part of an effort to attract new capital or a merger partner, the client had previously downsized its organization by hundreds of millions of dollars by shuttering out-of-state operations among other cost-saving initiatives. However, the institution still could not produce an earnings level that would attract