Keystone Bancshares, Inc. is a proposed Bank Holding Company to be formed to take advantage of an exceptional opportunity. The barriers to entry in the banking industry are normally considerable. In times of economic prosperity the cost to acquire a bank is prohibitive. Usually the cost of acquisition would be 2 – 4 times the Book or up to 25 times earnings. Currently a Bank can be purchased for a fraction of these costs. For example a bank with a book of $400m would have cost between $800m to $1.6bn! A similar bank in today's market might be purchased for as little as $20m! Because the economy will eventually turn and prosperous times will return, to get into the Banking Industry at this point is just a good sense investment.
Keystone Bancshares, Inc. is to be established to take advantage of this great investment in Banking. Putting together the right team, that is eminently qualified to successfully operate a Bank into the future, is also an enormous barrier to entry. However we have a highly qualified team that has been assembled to undertake the task of successfully operating the Bank into the future.
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