Initial Reports on 42 Midwest nano- and micro-cap banks.
Over the coming days, BankVault Research (BVR) will publish a series of concise, data-driven write-ups on our coverage universe. Each report is designed to give you a clear, independent view of these companies' recent performance and where they're headed from here. Each company write-up will include a company description, discussion of recent results, and a model with EPS and tangible book projections and is available to paid subscribers. Our initial pass is fociused on the Midwest as defiled by the Bureau of Labor Statistics (IL, IN, IA, MI, MN, NE, ND, OH, SD, and WI) and includes the following companies: BNCCORP, Inc. (BNCC), Consumers Bancorp, Inc. (CBKM), Commercial National Financial Corporation (CEFC), Croghan Bancshares, Inc. (CHBH), CIB Marine Bancshares, Inc. (CIBH), CNB Community Bancorp, Inc. (CNBB), CNB Bank Shares, Inc. (CNBN), Central Plains Bancshares, Inc. (CPBI), CSB Bancorp, Inc. (CSBB), Century Financial Corporation (CYFL), Crystal Valley Financial Corporation (CYVF), Dacotah Banks, Inc. (DBIN), First Capital, Inc. (FCAP), FFBW, Inc. (FFBW), FFD Financial Corporation (FFDF), First Farmers Financial Corporation (FFMR), FFW Corporation (FFWC), First Berlin Bancorp, Inc. (FTFI), FS Bancorp (FXLG), Hills Bancorporation (HBIA), IF Bancorp, Inc. (IROQ), Marathon Bancorp, Inc. (MBBC), Merchants Financial Group, Inc. (MFGI), Marquette National Corporation (MNAT), Mercer Bancorp, Inc. (MSBB), Main Street Financial Services Corp. (MSWV), Northeast Indiana Bancorp, Inc. (NIDB), NSTS Bancorp, Inc. (NSTS), Ottawa Bancorp, Inc. (OTTW), Ohio Valley Banc Corp. (OVBC), Oxford Bank Corporation (OXBC), PFS Bancorp, Inc. (PFSB), PSB Holdings, Inc. (PSBQ), Richmond Mutual Bancorporation, Inc. (RMBI), Southern Michigan Bancorp, Inc. (SOMC), Sturgis Bancorp, Inc. (STBI), Tri City Bankshares Corporation (TRCY), Tri-County Financial Group, Inc. (TYFG), United Bancorp, Inc. (UBCP), United Bancshares, Inc. (UBOH), WCF Bancorp, Inc. (WCFB), and Waterstone Financial, Inc. (WSBF).