Our new podcast recording studio features fake palm trees and an oaken barrel (off camera), neither of which likely materially impacts Episode 9 of The Bank Account. Nonetheless, Jonathan and I enjoyed the change in scenery as we discussed the just announced $1.9 billion merger of Pinnacle Financial Partners, headquartered in Nashville, Tennessee, and BNC Bancorp, headquartered in High Point, North Carolina.
In addition, we recorded the episode with a new microphone. Unfortunately, I’m not sure the new microphone makes us sound any smarter, but it definitely improves the sound quality!
In anticipation of our presentation of a bank merger simulation at Bank Director’s Acquire or Be Acquired Conference this coming weekend, Jonathan and I spend this episode walking through the details of the transaction and looking at what signals it may send to future transaction activity in the Southeast generally, and North Carolina specifically.