David Baris Quoted in American Banker Article, “Cybersecurity Threats Demand Small-Bank Directors’ Attention”

October 8, 2014

David Baris was quoted in the August 27, 2014 American Banker article “Cybersecurity Threats Demand Small Bank Directors’ Attention” by Jackie Stewart. Executives responsible for overseeing cybersecurity need to make sure they provide information to the board in layman’s terms, rather than technical jargon, said David Baris, president of the American Association of Bank Directors and a […]

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David Baris Quoted in Agenda Article, “Bank Directors’ Legal Costs Set to Rise: Experts”

August 20, 2014

David Baris was quoted in the August 18, 2014 Agenda article, “Bank Directors’ Legal Costs Set to Rise: Experts.” Monteleone points out that the case is similar to the 1985 Delaware Supreme Court case Smith v. Van Gorkom which also dealt with the reach of the business judgement rule. The case heralded a wave of […]

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David Baris and BuckleySandler Provide Legal Support for Eagle Bancorp, Inc. $70 Million Offering

August 14, 2014

BuckleySandler client Eagle Bancorp, Inc. announced on August 5 its completion of the public offering and sale of $70 million of its 5.75% Subordinated Notes due Sept. 1, 2024. Sale of the Notes, which were sold at par, resulted in net proceeds of approximately $69.2 million after underwriting discounts and commissions. BuckleySandler Partner David Baris […]

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They’re Not All Bad Guys: Mortgage Bankers Seeking Bank Charters

July 16, 2014

AABD Executive Director David Baris and BuckleySandler counsel Peter Olszewski authored, “They’re Not All Bad Guys – Mortgage Bankers Seeking Bank Charters” for National Mortgage News. Banking presents opportunities for non-depository mortgage companies seeking to boost competitiveness and expand market share. By acquiring or establishing a bank, a mortgage company can enjoy advantages over nonbank […]

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Eagle Bancorp and Virginia Heritage Bank Announce Merger Agreement

June 9, 2014

$182.9 million Transaction Significantly Expands EagleBank’s Northern Virginia Presence Creates Community Bank With $4.7 Billion of Assets Bethesda, MD., Tysons Corner, VA.  On June 9, 2014, Eagle Bancorp, Inc. (“Eagle”) (NASDAQ: EGBN), the parent company of EagleBank (“EagleBank”), and Virginia Heritage Bank (“VHB”) (OTCQB: VGBK) announced that they have entered into a definitive agreement (the […]

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AABD Survey Results on Measuring Bank Director Fear of Personal Liability Are Not Good News

April 9, 2014

WASHINGTON, DC (April 9, 2014) –  There has been substantial negative fallout from bank directors’ fear of personal liability, a recent survey conducted by the American Association of Bank Directors (“AABD”) suggests. 24.5% of bank respondents advised AABD that at least one of the following had occurred during the past five years: Director resigned citing […]

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David Baris Issues AABD Comment Letter on Proposed OCC Risk Management Guidelines

April 2, 2014

The American Association of Bank Directors submitted comments to the OCC last week regarding its recently proposed OCC guidelines on risk management for large national or federal savings banks and provided the following recommendations: Issue these Guidelines as real guidelines and not as a Part 30 or other “safety or soundness” regulation authorized pursuant to […]

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David Baris Speaking at the North Carolina Bankers Association 2014 Directors Assembly

March 4, 2014

David Baris spoke at the North Carolina Bankers Association 2014 Directors Assembly on March 4th in Greensboro, North Carolina.  The title of his presentation is “Bank Directors in a New World: Opportunities and Risks”. Click here to learn more about this conference.

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Article in Independent Banker: Key Issues in Attracting Capital Stock Investors to Your Community Bank

February 11, 2014

It never has been easy for community banks to raise capital despite some recent improvement, but since 2007 it has been more difficult with a weak economy, regulatory excess and surprises, compliance costs, weak loan demand and financial setbacks. But there are ways for many community banks to significantly improve their chances to raise capital […]

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David Baris Quoted in Wall Street Journal Article, “OCC Ratchets Up Pressure on Big Banks”

January 16, 2014

David Baris was quoted in the January 16 Wall Street Journal article, “OCC Ratchets Up Pressure on Big Banks,” by Ryan Tracy and Stephanie Armour. David Baris, executive director of the American Association of Bank Directors and a partner in law firm BuckleySandler, said regulators may be going too far in requiring that boards “ensure” […]

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