We are a community bank interested in evaluating a merger from a purchase accounting perspective. Our stock is not publicly traded and has no ready market value. How would we value an acquisition assuming we issue stock for the target?
We are looking to prepare a proforma to reflect the transaction. Does anyone have a source explaining the general accounting or a sample which can be easily read and understood which discusses purchase accounting and proformas including the valuing of goodwill and potential writeoff of intangibles.