While there is a lot of work to be done before the merger of any two companies is complete, even more needs to be done afterwards to combine the two entities into one profitable unit and that is exactly the position I believe American National Bankshares (NASDAQ:AMNB) is in right now. Since AMNB completed its merger with MidCarolina Financial Corp, approximately two years ago (adding 8 branches), the company's work on its nonaccrual loans and the structure of its balance sheet now puts it into a position where it can focus more on growing rather than repairing/merging its business (and that's not to say it hasn't already been growing).
AMNB Book Value Per Share data by YCharts
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