Robert A. Gamble
Robert Gamble, known as Beau to friends and clients, has a law practice spanning over five decades and two prominent law firms. He helps banks, holding companies, senior bank officers, community bankers, and financial institutions with mergers and acquisitions, regulatory matters, and corporate governance.
Mergers and Acquisitions
Beau advises community and state banks, as well as bank holding companies and bank subsidiaries, through the process of merging with, acquiring, or being acquired by, other banks. He knows a merger and/or acquisition is the most important transaction a bank will make; Beau aims to make an already stressful situation less so.
Over his long career and through his relationship with the Iowa Bankers Association, Beau has formed relationships with regulators, opposing counsel, rural lawyers, community bankers, and banks across Iowa and the Midwest. These relationships, along with Beau’s knowledge, provide his clients with a professional, collegial experience.
Regulatory
Through Beau’s M&A practice, he has developed a rapport with state regulators, making it easier for him to communicate on behalf of his clients and gain the necessary regulatory approvals for the transaction.
He also represents financial institution clients before various regulatory bodies, including the Iowa Division of Banking, FDIC, Office of the Comptroller of the Currency, and the Consumer Financial Protection Bureau (CFPB) and advises them on various regulation compliance including Sarbanes-Oxley, Dodd-Frank, and the Bank Holding Company Act, among others.
Corporate Governance
As part of a merger or acquisition, Beau often helps the boards of banks and bank subsidiaries with their corporate governance. This includes the preparation of articles of incorporation, bylaws, buy-sell agreements, and escrow agreements. Additionally, when banks are merging or acquiring another bank(s), Beau is there to help with shareholder and board of directors’ approval and relations.
Representative Engagements
In the last few years, Beau has represented:
- Farmers and Merchants Bancorp and its shareholders in the sale of stock to Iowa residents.
- IT&S, Inc. and its shareholders in the sale of its True Bank shares to Community Bancshares Corp. Beau participated in the registration and distribution of bid materials, completed the bid process, assisted with transaction documents, and assisted with closing, escrow, and post-closing activities.
- KSB, Ltd. and its shareholders in connection with the sale of its subsidiary, Keokuk Savings Bank & Trust Company and related insurance agencies, to Fort Madison Financial Company. Beau participated in the bid process, the negotiation and execution of transaction documents, closing, and post-closing activities.
- First State Bank Holding Company for the purchase of Patriot Bank in Brooklyn, Iowa. Purchase and assumption transaction with related transfer of assets; drafted all transaction documents, prepared applications and obtained regulatory approval; participated in closing and post-closing process.
- Cedar Valley Bankshares for the purchase of Hampton State Bank in Hampton, Iowa. Stock purchase with related corporate actions; drafted all transaction documents, prepared application and obtained regulatory approval; participated in closing and post-closing process.
- Central South Bancorporation for the merger with Pleasantville State Bank, in Pleasantville, Iowa. Stock purchase with bank merger immediately following closing; drafted all transaction documents, prepared applications and obtained regulatory approval and participated in closing and post-closing process.
Awards & Honors
- AV® Preeminent™ rated by Martindale-Hubbell. The highest peer rating standard. This rating signifies that a large number of the lawyer's peers rank him or her at the highest level of professional excellence for their legal knowledge, communication skills and ethical standards.
- Chambers USA, Corporate/M&A: Banking & Finance, Iowa Ranked "Senior Statesperson", 2020. Beau has been ranked by Chambers for several years.
- 2018 Great Plains Super Lawyers, Banking. Beau has been listed by Great Plains Super Lawyers since the publication began in 2009.
- The Best Lawyers in America© 2021, Banking and Finance Law. Beau has been recognized in Best Lawyers since 2003.
- Best Lawyers® 2020 Banking and Finance Law “Lawyer of the Year” in the Des Moines metro.
- Best Lawyers® 2010 Banking “Lawyer of the Year” in the Des Moines metro.
Of Note
Robert has served as General Counsel to the Iowa Bankers Association since 1997. This connection has reinforced his banking roots, his resolve to understand and better support the banking community, and allowed him to be at the forefront of regulations and changes in the banking industry.
Beau attends and occasionally presents at IBA’s six regional meetings, participates in the annual strategic planning meeting, and sponsors and attends the annual convention. He also participates in the annual Washington D.C. lobbying trip during which he is able to strengthen relationships and advocate for his clients with the delegation, regulators, and several agencies, including the OCC, FDIC, CFPB, and the Federal Reserve.
Before joining Davis Brown in 1994, Beau was the lead partner of Gamble & Davis - founded in 1915 by his uncle to represent the Rock Island Railroad. His father joined the firm in 1930 and Beau followed in 1962. When the firm dissolved, Beau received a personal invitation from A. Arthur Davis to join the Davis Brown Law Firm and he has never looked back.
Memberships
Alma Maters
Bar Admissions
Articles