SOURCE: Capital Insight Partners

Capital Insight Partners

January 13, 2010 10:22 ET

Capital Insight Releases Michigan Market and Community Bank Analysis

Key Finding: Still Significant Banking Opportunity in the State

CHICAGO, IL--(Marketwire - January 13, 2010) - Capital Insight Partners, an investment bank specializing in community banks with up to $3 billion of assets, today announced the release of its analysis of the State of Michigan's economic trends and community banking market. Although the state has experienced severe impact from the recession and has certain aspects of long-term demographic weakness, the report highlights numerous positive economic trends that support opportunities for community banks, particularly from a consolidation perspective. A free copy of the report is available for download at

"Contrary to general public perception that focuses on the troubles of the auto industry and related businesses, the state has positive trends such as a growing, well educated middle class and strong median income," noted Eliot Stark, managing director. "The state has been working hard to re-invent itself, attract small business, entrepreneurial ventures and innovative technology companies. This is actually great news for community banks, which frequently specialize in serving small business customers. This is also good news for stronger banking franchises by providing a window of opportunity to grow inorganically given the severely depressed valuations of banks based in Michigan."

Before joining Capital Insight, Stark spent more than 30 years in the Michigan banking market, including as a corporate development, finance and planning executive with Comerica, and as CFO and vice chairman of a $500 million asset franchise.

Capital Insight Partners continues to develop in-depth analyses of numerous United States markets, with particular expertise in the Midwest. The company works with community banking clients and investors in community banks throughout the country to identify and effectively execute M&A and financing opportunities.

About Capital Insight Partners, Inc. (

Capital Insight serves the full spectrum of corporate financing requirements, aftermarket support, financial communications and messaging, and investor outreach for micro- and small-cap publicly held corporations and private or publicly held financial institutions. Capital Insight helps management and boards identify strategies and financing opportunities, communicate their companies' financial and business information clearly and with transparency; introduce management to new investors to build a growing, diversified shareholder base; and present selective media opportunities.

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