Banking

With advances in technology and consumers demanding fast and easy access to their financial information, financial institutions are operating in a fast paced and competitive environment. The need for an accounting firm who understands this changing environment has never been as critical.

At PYA, many of our professionals have extensive expertise in the financial institution industry. In addition to certifications in serving financial institutions, a number of our professionals have worked for regional and community banks before joining our Firm.

In addition, we are members of the McGladrey & Pullen and RSM International networks, which are nationally recognized as leaders in providing services to the financial institution industry. As such, we have access to the resources of a national and international firm and its affiliates should they be needed.

PYA offers the following services to our financial institution clients:

External Audit, Tax Planning and Preparation - An external audit of the financial institution's financial statements conducted in accordance with Generally Accepted Auditing Standards (GAAS). We have a knowledgeable group of tax professionals who work directly with management and the accounting staff to address tax planning and reporting matters for our clients.

Risk-Based Value-Added Internal Audit - We assist our financial institution clients in identifying areas of the institution which present the greatest risk and we assist management in developing a customized set of procedures to analyze and test each area identified through the risk-based evaluation. As part of the engagement we will discuss with management any areas where the institution may be able to improve their operational effectiveness.

Pre-Funding Loan Analysis & Post-Funding Loan Review - As PYA provides accounting and consulting services to companies in a wide variety of industries, we have the internal resources to be able to assist our financial institution clients in analyzing a loan applicant's financial information prior to funding. We can also perform large credit analysis and loan documentation review on existing credits to keep management informed of the customer's financial trends and other indicators that could impact the borrowers' ability to service the debt.

Services Offered:

• Audit and Accounting
• Tax Services
• Employee Training and Instruction
• Long-Term Strategic Planning
• Mergers and Acquisitions
• Specialized Board of Director Training
• Employee Benefit Plans (401(k), ESOP, etc.)
• Form of Entity and Holding Company Consultation