Strategic Planning for Enhanced Growth and Profitability

On a consulting fee basis, the banking and accounting professionals at Ewing Loan Advisors can provide the Bank with an in-depth analysis and assessment of the financial performance of the bank making detailed recommendations for improvement and providing oversight, assistance and measurement for implementation of adopted improvement programs.

The engagement will begin with an assessment of market share in deposits and loan products and a comparison with those of peer banks in the trade area; a comparison of management and lender competencies with peer banks; an analysis of interest income and net interest income; an analysis of the sources of non-interest income and comparisons with peer banks; and an assessment of product delivery platforms, information systems and operating competencies and efficiencies as compared with peer banks.

The findings during the assessment period will be provided to the bank in a written report that will include specific recommendations, where appropriate, for increasing market share, improving interest income and net interest income returns, activities for increasing non-interest income, and improvements in information technology and operating processes and efficiencies. All recommendations will be supported with cost/benefit estimates, schedule of deliverables, and financial modeling and pro forma statements.

Ewing will subsequently provide a detailed plan for the implementation and measurement of each of the specifically approved recommendations and assist bank personnel with the execution of the plan.

The consulting fee for the initial strategic assessment and recommendations will depend upon the size and complexity of the bank but in all cases will be surprisingly reasonable. The fee for implementation of adopted recommendations will be a small percentage of the actual net benefits. To the extent of its fees, Ewing will guarantee that the projected benefits will be attained.

The engagement can encompass a comprehensive analysis of bank operations, as suggested above, or may be a more narrowly focused assignment.