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BDGE: In Line Quarter on a Reported Basis; First Look at 4Q16 EPS

PDF ATTACHED: BDGE 4Q16 EPS Brief Close $36.60 / “Market-Perform” / $32.75 Price Target / HQ=Bridgehampton, NY / $708 Mil. Mkt. Cap Reported 4Q16 EPS of $0.50 In Line with Our Model and a Penny Above Consensus Excluding $650,000 of Reversed Merger Expenses Previously Accrued Related to CNB Acquisition We Calculate a Two Cent Benefit To

FBNK: Maintaining Rating on Adjusted Estimates and Target Price Following 4Q16 EPS

PDF ATTACHED: FBNK 4Q16 EPS Review Close $22.55 / “Market-Perform” / $23.25 Price Target / HQ=Farmington, CT / $349 Mil. Mkt. Cap Reiterate “Market-Perform” Rating and Revising Target Price to $23.25 Raising 2017 EPS Estimate to $1.14 and Establish 2018 EPS at $1.30 Positive 2017 EPS Revision Driven by Higher NIM Expectations (2.85% vs. 2.75% Previously)

BMTC: Maintaining “Market-Perform” and Price Target After 4Q16 Results

PDF ATTACHED: BMTC 4Q16 EPS Review Close $40.15 / “Market-Perform” / $43.00 Price Target / HQ=Bryn Mawr, PA / $681 Mil. Mkt. Cap No Change to our 2017 EPS Estimate of $2.31 and Adjust 2018 EPS Estimate to $2.58 (+$0.02) Our Target Price Implies Relatively Constant Pricing at ~260% of TBV Management Remains Opportunistic for Continued

HOMB: Home Bancshares Luncheon In New York

Close $ / “Market-Perform”/ $28.00 Price Target / HQ=Conway, AR / $3.789 Bil. Mkt. Cap Chris Poulton the President of HOMB’s New York operation “Centennial CFG” is joining FIG’s Research Team for lunch in New York on Tuesday December 13th at 12:30PM.  He will provide an overview of his operation and current lending environment.  Chris

NRIM: Lower Expenses Drive 4 Cent Core EPS Beat –Loan Demand Rebounds & is up Modestly YTD

PDF ATTACHED: NRIM 3Q16 EPS Brief Close $24.55 / “Market-Perform”/ $28 Price Target / HQ= Anchorage, AK/ $169 Mil. Mkt. Cap NRIM reported 3Q16 EPS of $0.44. Excluding a $0.23 non-cash accounting charge, we place Core EPS at $0.67; four cents better than our estimate. The $0.04 positive variance reflects lower expenses ($0.04) and higher fee

SGBK: EPS Model Revised Upward For West Coast Footprint Expansion, Ongoing Organic Growth

PDF ATTACHED: sgbk-update-9-30-16 Close $33.71 / “Outperform” / Price Target $40 / HQ=Pompano Beach, FL / $478 Mil. Mkt. Cap. Increasing EPS Estimates: $0.05 higher in 2017 (+2.45), no change in 2016 ($2.20). Insignia Bank merger closes late 4Q16 and enhances Western FL footprint  $0.03 of the $0.05 change is from this deal. ROA-Return On Assets

Examining Banks Securities Portfolios Before the Rate Cycle Turns

PDF ATTACHED: FIG Partners Industry Analysis 9-9-16 – Examining Banks Securities Portfolios Before the Rate Cycle Turns In advance of the September Fed meeting we examine the Securities Portfolios of publicly traded Banks with Assets exceeding $500 Million in Assets. We focus on AFS—Available for Sale Securities as these securities are marked to market every quarter

Header 8-29-16

  -Banks Over $1 Bil. Mkt. Cap: STI -Industry Analysis: Expense Trends, Cost Differential Between Public and Private Banks, SLOOS Signals Caution

Interest Rate Sensitivity At Large Public Banks

PDF ATTACHED: FIG Partners Industry Analysis 8-9-16 – Asset Sensitivity For Largest Public Banks- New 10-Q filings reveal the latest disclosures on interest rate sensitivity and which of the largest public financial institutions benefit the most from higher short-term interest rates.  SEC filings in the past week for 6-30-16 have been reviewed by the FIG Partners