CPA and business advisory firm Weaver has expanded its service lines to financial institutions via a merger with Houston-based Bank Advisory Resources, a consultant to the community banking sector.

Terms of the merger, which became effective June 7, were not disclosed.

The eight-year-old Bank Advisory Resources provides independent loan reviews, bank regulatory audits, information technology reviews and risk assessments to directors and executive management of community banks that primarily focus on loan and credit administration, banking laws and regulatory compliance issues in Texas.

Scott Opdahl, president of Bank Advisory Resources, will become a director in Weaver’s Financial Institutions Compliance Group in Weaver’s Houston office.

Weaver ranked No. 49 on Accounting Today’s 2010 Top 100 Firms list with revenues of $58.1 million.

In May, Weaver merged with Midland/Odessa-based CPA firm Elms Faris.

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