ICBA Securities, through its Capital Markets division, provides mergers and acquisitions advice and bank valuation services through an exclusive referral arrangement with Vining Sparks. The Community Bank Advisory Group (CBAG) of Vining Sparks assists community banks in M&A transactions, and can value a number of components of a depository institution, including ESOPs, branches, and stock option plans. CBAG is also involved in capital formation for community banks.
CBAG and Vining Sparks are not affiliated with ICBA Securities. ICBA Securities acts as introducing broker to Vining Sparks for fixed income securities transactions.