Banking

For over 30 years, the professionals in Warren Averett's Banking Service Group have served the financial services industry. We have witnessed the changes that have occurred - from mergers and acquisitions to regulatory controls. Now, with the rapid changes occurring in technology and the advent of online services, new challenges are on the horizon. We believe it is our role to assist our clients in making important decisions about managing their growth and establishing a competitive foothold.

Warren Averett has several senior level professionals with extensive banking experience and expertise serving community banks and larger public banks throughout Alabama, Florida, Georgia and Tennessee. Warren Averett serves interstate multibank holding companies exceeding $1billion in consolidated assets.We are also active members of the Community Bankers Association of Alabama. Warren Averett is committed to expanding and supporting this growing practice area within the firm. As such, we have the capabilities and resources to fully serve the tax and audit needs of our banking clients.  To learn more about our senior leadership, click here.

Based on experience, our team of professionals adopts a practical approach to audit, compliance, and business consulting services. Warren Averett links the technical skills of these functions with the practicality and experience of business professionals. For example, when conducting an audit, many aspects of your internal operations are reviewed and these are often key areas for improving operational efficiencies. We believe that by providing proactive solutions we can provide a value-added relationship for our clients.

Our financial institution clients include:

• Public banks
• State banks
• Community banks
• De Novo banks

Warren Averett's Financial Services Group also serves clients in the Insurance Industry.

Warren Averett provides a range of business and regulatory consulting services including:

• Process design and implementation
• Operational performance and efficiency reviews
• Internal control design and implementation
• External audits
• Bank-Owned Life Insurance (BOLI) portfolio services and related employee benefit consulting
• Internal auditing services
• Fraud investigations
• Strategic planning
• Mergers and acquisitions
• Loan portfolio analysis (monthly, quarterly or periodic) including analysis of past due status and adequacy of allowance for loans losses
• Consult with management on executive and employee compensation programs
• Analyze the impact of employee stock options on bank financial statements
• Advice regarding lending services
• Pre-loan financial analysis and due diligence
• Loan reviews
• Collateral inventory observations and analysis of receivables
• Assist with regulatory examinations
• Tax services and seminars for customers
• Director's examinations
• Assistance with accounting for complex transactions and implementation of new accounting pronouncements
• Assist in regulatory filings, including SEC 10-Ks and holding company filings with the Federal Reserve
• Subchapter S conversion
• Holding company formations
• Federal Reserve
• Call report assistance
• Compliance examination
• IS audits
• FHLB pledged portfolio collateral examinations
• Asset & Liability management
• Capital enhancement planning