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Governance
05/08/2025

The Case for Shrinking the Board

Some banks are rethinking their board’s size and composition to streamline decision-making.

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About the authors
Written by
Paul Davis Contributing Writer

Paul Davis is a contributing writer for Bank Director. He previously served as director of market intelligence at Strategic Resource Management, editor of community banking and M&A at American Banker, and news director at SNL Financial.

Paul Davis
Contributing Writer
Across the banking industry, boardrooms are getting leaner. Several banks, including $15.6 billion Enterprise Financial Services Corp. in Clayton, Missouri, $9.7 billion Origin Bancorp in Ruston, Louisiana, and $2.9 billion LINKBANCORP in Camp Hill, Pennsylvania, have announced plans to reduce the number of seats around the table. The practice has gained traction among institutions looking to streamline decision-making and increase efficiency. The changes reflect shifts in the strategic and economic environment that banks are navigating today. And some believe the movement toward smaller boards is just beginning. “We’ve definitely seen the trend building momentum in favor of smaller, more engaged…

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WRITTEN BY

Paul Davis

Contributing Writer

Paul Davis is a contributing writer for Bank Director. He previously served as director of market intelligence at Strategic Resource Management, editor of community banking and M&A at American Banker, and news director at SNL Financial.