Jeff Adams joined Carson Medlin in 2008 and manages the firm's new Atlanta office.  Mr. Adams has over 12 years of investment banking experience including eight years with Trident Securities, a division of KeyBanc Capital Markets, where he was responsible for business development and the execution of merger and capital raising transactions for Southeast-based financial institutions.  Prior to Trident, Mr. Adams was a Vice President and City Executive for the State Employees Credit Union, a $17 billion credit union headquartered in Raleigh, North Carolina.  Mr. Adams is a graduate of the University of North Carolina at Chapel Hill and earned a Masters of Business Administration at East Carolina University.

Professor Allayannis has taught in the First Year (Corporate) Finance Program and elective courses in Portfolio and Capital Markets as well as several programs in Executive Education. His primary research focus is on corporate risk management, capital structure, and corporate financial policies. His research has been published in the leading finance journals, such as the Journal of Finance and the Review of Financial Studies. He was the recipient of the Outstanding Faculty Award in 2002 and 2005, as well as the Wachovia Award for Research Excellence in 2002. Between 2005 and 2007, Dr. Allayannis was a Director in Citigroup's Global Financial Strategy Group in the Investment Banking Division. He worked extensively with clients in the financial institutions and industrials sectors advising on a broad range of issues such as capital structure, credit ratings, capital distribution policies, valuation, and risk management. He was involved in several strategic and financing transactions. Dr. Allayannis also published several Citigroup reports on risk management in emerging markets, the impact of energy prices on corporate financial strategies, and the value creation of divestitures in the financial services sector.

Jeff Berg is a Senior Vice President - Group Credit Officer in Moody's Financial Institutions Group with a focus on insurance companies. As Group Credit Officer, Jeff has responsibility for monitoring ratings quality as well as assisting in the development and implementation of rating methodologies and practices across all insurance groups.

Jeff joined Moody's in 2003 as the accounting specialist supporting the insurance sectors and was one of the founding members of Moody's Accounting Specialists Group, whose role is to also publish research on complex reporting topics. In 2004, Jeff changed his primarily role to that of a fundamental credit analyst within the US property & casualty insurance team.

Prior to joining Moody's, Jeff spent 12 years in public accounting, most recently with PricewaterhouseCoopers LLP where he was a Senior Manager in the Insurance Audit Practice in New York City. Jeff's previous experience included a tour in the Accounting Consulting Services Group of PwC's National Office. Jeff is a Certified Public Accountant and graduated magna cum laude from Skidmore College in New York.

John Butler is the head of Insurance Investment Banking at Piper Jaffray. Mr. Butler specializes in advising specialty insurance underwriters and intermediaries on the full range of investment banking transactions, including mergers and acquisitions, as well as public and private offerings of equity, debt and hybrid securities. Prior to joining Piper Jaffray, Mr. Butler was a co-founder of the Financial Institutions Group at Houlihan Lokey. Previously, Mr. Butler worked in the corporate finance department of Fox-Pitt, Kelton and in the M&A Group at Prudential Securities. He also practiced corporate and securities law for several years. Mr. Butler holds a BA in Government, cum laude, from Georgetown University and earned his JD from Fordham University School of Law.

Susan Fleming Cabrera lectures frequently to executives and university students in the area of corporate finance, insurance investing, and valuation, helping both groups to bridge the gap between theory and practice. In her teaching, she draws upon knowledge developed over nine years as a private equity investor; extensive know-how at executing structured and complex transactions; the broad perspective attained through past and present membership on five boards of directors; and professional experience as a manager, mentor and educator of investment professionals and college students alike. In addition to teaching, Susan is a member of the Board of Directors of Virtus Investment Partners, Inc., and Hanover Partners, L.P. and is pursuing a PhD in Management at Cornell University's Johnson School of Management. Until 2004, Ms. Cabrera was a Partner with Capital Z Partners, L.P., a $1.85 billion private equity fund. Prior to joining Capital Z's predecessor fund in 1994, she was a professional in the M&A Financial Services Group at Morgan Stanley.

Rusty Connor serves as Managing Partner of the Washington, DC office and as a member of the Executive and Policy Committees of DLA Piper.  Mr. Connor focuses his practice on mergers and acquisitions, corporate finance, and related strategic matters, with a particular emphasis on financial services companies. Having worked on more than 250 transactions with an aggregate deal value in excess of $100 billion, Mr. Conner has extensive experience in mergers and acquisitions of both public and privately held entities, including joint ventures and strategic alliances. He also represents both underwriters and issuers in a variety of securities offerings and private placements. As part of his practice, he regularly advises boards of directors on corporate governance matters and legal and fiduciary duties in the context of strategic decisions.

Mr. Conner comes to DLA Piper from Alston & Bird LLP, where he had practiced since completing law school and served as chairman of the firm's executive committee, co-head of the firm's corporate practice, and partner-in-charge of the firm's Washington, DC office.

Mr. Connor has a B.A. in Economics from the University of Virginia and a J.D. from the University of Virginia School of Law.

Jeff Davis re-joined FTN Equity Capital Markets in June 2009 after previously serving as Director of Research of Howe Barnes Hoefer & Arnett. Jeff originally joined what was First Tennessee Capital Markets in June 2000 to spearhead the development of the Financial Institutions Group (FIG) practice at what was then strictly a fixed income broker-dealer. During his career on the sell-side he typically has covered ~20 bank stocks with a particular focus on mid caps located in the Southeast and Midwest, although coverage also has included community banks and large caps. Institutional Investor, the Wall Street Journal and Forbes/Starmine have recognized FTN’s coverage of financial stocks as among the best in the industry, including most recently for calendar years 2006 (Davis-WSJ and Forbes/Starmine), 2007 and 2008 (Davis FT/Starmine).

 Before joining FTN Midwest, Mr. Davis was the regional bank and thrift analyst at Nashville, Tennessee, based J.C. Bradford & Co. Prior to joining JCB, Mr. Davis spent ten years at Mercer Capital Management, a valuation and transaction advisory firm that provides advisory services to financial institutions and corporations throughout the U.S. During 1995-1999, Mr. Davis headed Mercer Capital Advisors, which provided M&A and transaction advisory services for financial institutions, private middle market businesses, and small public companies for purposes of acquisitions, LBOs/recaps, and capital raises. Mr. Davis began his banking career at AmSouth-Mobile in 1985.

Mr. Davis is a periodic speaker at industry gatherings, including SNL Financial’s annual analyst training seminar, the ABA, various state banking meetings as well as security industry gatherings in addition to making several presentations to the boards and executive management teams of small and large banks each year. He is a periodic guest on CNBC, Bloomberg TV and Bloomberg Radio and is regularly quoted in the American Banker, the Wall Street Journal, Investors Business Daily, the Associated Press, Reuters, and other media outlets.

In its 2006 "Best on the Street" rankings, the Wall Street Journal name Mike Dion the Number 1 stock picker for the P&C insurance industry. Mr. Dion joined UBS from Sandler O'Neill & Partners, L.P., and his career includes positions at ABN AMRO, Hoefer & Arnett, Industrial Bank of Japan and Bank of California. Mr. Dion received his BS in business administration from the University of Southern California and an MBA from the University of Notre Dame. He is a member of the NY Society of Securities Analysts, the CFA Institute and the Association of Insurance and Financial Analysts.

Mr. Dwelle joined RBC in June 2008 following its acquisition of Ferris, Baker Watts. He has been following the property/casualty insurance industry since January 2001 and has led the insurance equity research effort since early 2006. His regular publications include a weekly insurance newsletter Insurance Observations, an annual reserve study, timely industry updates and quarterly reports on the 27 property/casualty insurance, reinsurance and insurance brokerage companies under RBC coverage. Mr. Dwelle received his B.S. in accounting from the University of Richmond, an MBA from the London Business School and has held the CFA designation since 2000. The Wall Street Journal named Mr. Dwelle the industry's top property casualty insurance analyst in its 2007 Best on the Street Survey.

Mr. Johnson is a Portfolio Manager with a background in equity research and fixed income. Prior to joining Philo Smith, Mr. Johnson spent seven years in equity research covering life insurance companies for Friedman, Billings, Ramsey and Lehman Brothers, and an additional two years in equity research at CIBC researching bank stocks. Prior to equity research, Mr. Johnson worked at Coopers and Lybrand on consulting assignments within the Capital Markets group. He began his career in 1987 at Bankers Trust Co. and then spent seven years with Merrill Lynch in the fixed income division. Mr. Johnson holds a BA in economics from the University of Pennsylvania and an MBA from Columbia University.

Bill founded MPS in 1995 bringing over 20 years of industry experience to assessing IRR and enhancing balance sheet performance. He provides strategic direction, product development and technical expertise to the firm. As a former senior vice president with ALM model vendor Sendero Corporation, he headed their client services group. While a vice president at the Federal Home Loan Bank of Cincinnati, Bill managed an IRR and CRA reports service bureau and was a lead member of the team that designed Thrift Bulletin 13 (TB-13), the path breaking thrift IRR regulation. He also has 10 years university teaching experience. Bill is a frequent speaker at industry forums and has published extensively.

Mr. Mabry is Managing Director and Manager of the Keefe, Bruyette & Woods, Inc. office in Richmond, Virginia. There he is responsible for directing the firm's investment banking activities in the Southeastern U.S. Mr. Mabry began his career at First Union National Bank in Charlotte, N.C. in 1979. In 1983 he joined Keefe, Bruyette & Woods in New York, NY where he developed merger and acquisition and capital markets business for the firm. In 1991 he joined Wheat First Securities in Richmond, Virginia and later became manager of the corporate finance department. After the firm's merger with First Union Securities (now Wachovia Securities) in 1998, Mr. Mabry became co-head of corporate finance for Wachovia Securities. Mr. Mabry rejoined Keefe, Bruyette & Woods in 2000. In 1979 Mr. Mabry received his B.A. from UNC-Charlotte and in 1983 received an M.B.A. from UNC-Chapel Hill.

Elizabeth C. Malone CFA is a Senior Vice President at Wunderlich Securities. Her office is located in downtown Baltimore, Maryland. Ms. Malone follows primarily property/casualty insurers. Her coverage list is focused on specialty or niche insurers. In addition, Ms. Malone follows disability insurers.

Ms. Malone has been recognized six times as among the "Best on the Street" by the Wall Street Journal's annual analyst survey. Ms. Malone has managed a three person staff of professionals at KeyBanc Capital Markets since joining the organization in February 2006. During her tenure at Key, Ms. Malone followed a total of 25 companies that specialized in a variety of insurance markets including: specialty property/casualty, regional property/casualty, life and annuity, disability and workers' compensation. The stocks in Ms. Malone's coverage universe were predominately mid- to small capitalization companies. A majority of the companies under coverage maintained important banking relationships with KeyBanc Capital Markets.

Ms. Malone has worked as a senior equity research analyst at several prestigious firms including: KeyBanc Capital Markets; Advest Inc (acquired by Merrill Lynch); Friedman Billings and Ramsey; Legg, Mason, Wood, Walker (subsequently acquired by Stifel Nicholas); Alex. Brown & Sons (acquired by Duetche Bank) and J.C. Bradford & Sons.

Ms. Malone has a broad background in insurance with over 20 years experience. In addition to her many years as a senior sell-side equity research analyst, Ms. Malone has worked with state regulators as a Financial Manager with the National Association of Insurance Commissioners (NAIC) managing troubled insurance companies. Ms. Malone also served as a member of the executive staff of a publicly traded insurance company. Her responsibilities included managing the company's relationship with regulators, legislators and rating agencies in order to facilitate acquisitions.

Ms. Malone has a myriad of professional and educational accomplishments, including a Bachelors of Science degree in Commerce from the McIntire Business School at the University of Virginia and a Masters of Business Degree from Loyola University. Ms. Malone is a Chartered Financial Analyst and holds securities licenses 7, 24, 63, 86 and 87. Ms. Malone has appeared numerous times on CNBC and Bloomberg News. She is often quoted in newspapers and magazines and presents at insurance agent conferences.

Brad founded Choral Capital Management, LLC (CCM), a money management firm in March 2007, and serves as the company's chief executive officer and managing member. CCM is the investment manager to Choral Financial Fund, LP, a hedge fund that focuses on equity investments in the financial services sector, where Brad serves as the portfolio manager. Brad is also managing member of Choral Capital, LLC, which is the General Partner to Choral Financial Fund, LP.

Brad has serviced the community banking sector for over 15 years, and has worked as a sell-side research analyst covering the banking sector for the past 10 years. Brad was recognized by The Wall Street Journal as the "Best (bank analyst) on the Street" during 1999 based on his ability to identify stocks that showed strong price appreciation. Additionally, Brad ranked among the top three analysts in the banking industry during 2004 according to Forbes.com/StarMine with regards to his earnings accuracy.

Brad was employed by Friedman, Billings, Ramsey, & Co., Inc. (FBR), from 2003 to 2006 and served as a Senior Vice President and senior sell-side equity research analyst covering micro-, small-, and mid-cap bank and thrift stocks. Prior to joining FBR, Brad worked in various capacities for a boutique brokerage firm, Chicago-based Howe Barnes Investments, Inc. (HBI) from 1993 to 2003. Brad worked as a sell-side equity research analyst covering bank and thrift stocks from 1997 to 2003, as an analyst/associate in HBI's investment banking department from 1994 to 1997, and, from 1993 to 1994, Brad worked with a team of financial advisors who specialized in servicing small trust departments.

Brad received his B.S. in Business Administration with a concentration in Finance from Indiana University in Bloomington in 1992 and obtained the Chartered Financial Analyst (CFA) designation in 1996. Brad grew up in Omaha, Nebraska, and currently resides in Washington, DC.

Gennie manages the Counterparty Credit Analysis Team for State Street Bank, focusing on financial institutions worldwide. She is also an instructor for State Street's credit training programs. She has been with State Street since 2000 and has 9 years of combined operations, analysis and project management experience. Previously, Gennie was at the former FleetBoston Financial.

 Gennie graduated summa cum laude with a B.S. in Banking, Finance and Economics from the University of Messina, Italy, and holds a Master of Business Administration from ISIDA Business School of Palermo, Italy. Gennie is also a CFA Charterholder and a member of the Providence Society of Financial Analysts.

Since 2007, Mr. Ritchie has been the Non-Executive Chairman of Old Mutual US Life Insurance Company and Audit Committee Chairman of both Old Mutual Insurance Company-Bermuda and Old Mutual Asset Management. Previously, he was Chairman of the Board of Quanta Capital Holdings, LTD., and he has also served on the board of directors for Pembroke Managing Agency Limited, KMG, Inc., and Ceres Group. In his past professional experience, Mr. Ritchie has served as CFO of White Mountains Insurance Group from 2000-2003 and as CFO and Chief Internal Audit Executive for CIGNA from 1986-2000.

Michael Rosinus is the Senior Portfolio Manager for the Rosinus Financial Fund LP, a hybrid equity fund specializing in public and private bank and thrift investments with current emphasis on recapitalizations and restructurings. He also serves on the board of directors for Sun America Bank and First Community Holdings. Prior to forming Rosinus Financial Fund L.P., he spent 18 years as a leader in commercial banking for Citibank and M&T Bank. Michael received his BA from Hamilton College and his MBA from the Stern School of Business at New York University.

Scott Siefers is a Managing Director in the equity research department of Sandler O'Neill & Partners, LP. He joined Sandler O'Neill in 2002 from Prudential Securities, where he served as an associate analyst, focusing on super- regional banks in the Midwest and Southeast. Mr. Siefers began his career with McDonald Investments in Cleveland in 1998 as a research analyst, focusing on mid-western banks and thrifts. A native of Cleveland, Ohio, Mr. Siefers earned a BS in finance from Miami University of Ohio in 1998.

Dennis Starliper has 38 years of corporate financial administration experience in the banking and manufacturing environments. He joined Provident Bankshares in 1985 and was Executive Vice President and CFO from 1999 until Provident’s recent acquisition by M&T Bank in May 2009.  Dennis also served as Senior Vice President,Treasurer, and Controller during his time with Provident.  Prior to joining Provident Bankshares, Dennis worked at Fairchild Industries as Corporate Director of Financial Systems and at American Security Bank.  Dennis has a B.S. in Accounting from Benjamin Franklin University, an MBA from Southeastern University, and is a CPA in the state of Maryland.