The Acquirers Podcast · Thursday, October 29, 2026
Tim Melvin highlights Hoyne Bancorp, a recent thrift conversion out of Illinois, as an example of the kind of small bank he loves to buy. He notes the bank boasts a 34% equity-to-asset ratio and trades at a discount to tangible book value.
“So one of our most recent purchases was Hoyne Bancorp, and this is a thrift conversion out of Illinois. The symbol is H-Y-N-E.”
“These guys are at 34. They may be the largest in the industry. And it's just a little bank. It's in Illinois.”