HICKORY BANK CASE STUDY

Hickory Bank Case Study



Hickory Bank Case Study

Chris Thomas, leader of Hickory Bank, was distracted about the bank's latest economic performance. A little financial bank in a Southern town of 120,000 persons, Hickory Bank had noted a snare decrease of $2.043 million last year on total assets of $439.33 million, the first yearly decrease in Hickory Bank's history. Local shareholders would give him one more year to turn bank procedures around. The large-scale banks might purchase out Hickory Bank at a cut-rate cost if present administration failed in its turnaround initiatives.

Teller staffing and staff costs were one ...