Community Banks
Trusted Advisors for Bank Performance
Community banks need more than traditional audit and tax support.
They need a partner who understands how internal control weaknesses, CECL requirements, and FDICIA/SOX expectations affect credibility, regulatory standing, and long-term value.
Our experience translates into practical solutions across your most critical needs:
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Audits, including internal audits
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Sarbanes-Oxley 404 compliance
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SEC filings, including Forms 10-K, 10-Q, 8-K, S-1, S-2, S-4 and S-8
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Tax planning and preparation, including trust tax returns
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New financial institution formation
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Mergers and acquisitions
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Regulatory assistance, including ACH audits
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Trust department examinations
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Information technology audits
Not Your Typical Community Bank CPA Firm
Flexible Scheduling Site Work
We prioritize flexibility by scheduling our services at your convenience, aligning with your staff’s availability. We keep up with the latest in technology, enabling us to reduce the time spent on-site. You can get back to focusing on your business!
Known for Our Audit Quality
R&C is registered with the Public Company Accounting Oversight Board (PCAOB) and have been examined multiple times by the PCAOB. Those reports are made public and can be found by visiting the PCAOB website.
Quick in Resolving Issues
Because we’re organized on a community basis, our engagement managers have a lot of decision-making authority. If they encounter an issue they can’t handle, they can quickly consult our practice leaders for an answer.
Processes Designed for You
Community Banks are unique. That is why we customize the audit process to meet your banks needs and provide the highest standards for delivering audit services through strong planning and coordination between your team and R&C staff.
Engagement Team Continuity
Because our turnover is low, you’ll be served by many of the same professionals throughout an engagement and over the years. This means you won’t have to explain what your organization does to new staff each year.
Material Weaknesses Into Strength
When a bank discloses a material weakness, it is more than a technical footnote. People begin asking hard questions. Confidence can erode. And if the issue lingers, it signals deeper problems in governance.
How We Help Banks Move Forward
ICFR and SOX 404 Consulting
Identify, document, and test key controls. Remediate weaknesses with a structured, collaborative approach that satisfies both management and external auditors.
CECL Allowance Documentation
Build qualitative and quantitative support that examiners and auditors can trust. Align assumptions and models with industry benchmarks and regulatory expectations.
FDICIA Compliance
Go beyond “check the box.” Strengthen your processes with walkthroughs, risk assessments, ITGC coverage, and remediation testing.
M&A and Governance Readiness
Position your bank for growth or a transaction with clean financial reporting, strong controls, and pro forma support.
