Mergers & Acquisitions Advisory
Since 1999, Loomis & Co. and its subsidiary, Northeast Capital have consistently been ranked among the top three financial advisors in New York and New England in terms of community bank mergers and acquisitions.
Custom Tailored Projects & Research
Loomis & Co. provides a full range of custom tailored projects and research for our clients, such as providing company valuations, developing employee stock ownership plans and assisting clients in the process of going private.
Community Bank Consulting
Loomis & Co.'s national community bank consulting services include the development and execution of strategic, capital, and acquisition plans. Our experience in strategic planning and regulatory compliance, along with our commercial banking backgrounds enable us to accurately analyze lines of business profitability, competitive advantages, ability to successfully execute the plans.
Loomis & Co. and its broker-dealer subsidiary, Northeast Capital were founded in 1992 with the vision of providing long-term oriented investment banking, consulting, financial advisory, and research services expertise with Main Street integrity and values to small and mid-sized financial institutions throughout the nation.
Among the services that Loomis & Co. provides are: community bank consulting, merger & acquisition advisory, fair value analysis, capital financing, and custom tailored projects & research.
The extensive consulting, financial advisory, and investment banking backgrounds of our senior personnel ensure that each client receives the superior advice and results they expect. Two partners are assigned to co-head all projects.
Community Bank Systems Inc. has acquired Kinderhook Bank Corp. Kinderhook Bank Corp. provides Community Bank Systems, Inc. a solid operating presence in the Capital District of Upstate New York, with total assets of nearly $640 million, deposits of $560 million and 11 banking offices across a five county area. Loomis & Co. identified the pairing, initiated the dialogue, assisted in structuring and negotiating the transaction, and helped consummate the transaction, acting as exclusive financial advisor to Community Bank Systems.
New Hampshire Mutual Bancorp and Savings Bank of Walpole merge. On July 1, 2018, New Hampshire Mutual and Savings Bank of Walpole completed a merger of mutuals. The combined bank operates 27 branches in New Hampshire and is ranked fourth in deposits in the state. Loomis & Co. completed the fair value analysis for New Hampshire Mutual.
Patriot Bank, National Association Acquires Prime Bank. On August 1, 2017 Patriot National Bank (NASDAQ: PNBK) acquired Prime Bank. The acquisition expanded Patriot’s community banking presence and footprint in Southern Connecticut. Loomis & Co. served the exclusive financial advisor, and rendered a Fairness Opinion to Prime.
February 3, 2017
Northeast Retirement Services, Inc. (“NRS”) of Woburn, MA was acquired in a $165 million cash and stock transaction by Community Bank System, Inc. (NYSE: CBU). Loomis & Co. introduced the parties, acted as exclusive financial advisor to NRS, negotiated the transaction, and rendered a fairness opinion.
South Burlington, Vt.-based Merchants Bancshares Inc. ($1.72 billion), the parent company of Merchants Bank, completed its cash-and-stock deal to acquire Springfield, Mass.-based NUVO Bank & Trust Co. ($162.2 million as of Sept. 30). Loomis & Co., Inc. acted as financial advisor to NUVO Bank & Trust Company and rendered a fairness opinion to its Board of Directors.