Prior to joining Yount, Hyde & Barbour, Cid spent the first 25 years of his professional career with two large regional accounting firms where he served as engagement partner on more than 60 banks throughout the Southeast. He has a B.S. degree in accounting from the University of North Carolina.
Cid is a member of many organizations including the American Institute of Certified Public Accountants, the North Carolina Association of Certified Public Accountants, the North Carolina Bankers Association and the Virginia Bankers Association.
His banking experience has included audit, tax, and advisory services for private community banks as well as multi-billion public bank holding companies. Cid has also been a frequent speaker and presenter for numerous state banking associations.
Cid has worked extensively with public bank holding companies and as such is well versed with the SEC reporting requirements to which those companies are subject. Cid has also had the opportunity to audit a significant number of merger and acquisition transactions, including several FDIC assisted acquisitions, and has successfully advised his clients regarding the resulting Day 1 and Day 2 accounting and reporting requirements. Cid has also consulted with numerous clients regarding all aspects of purchase accounting as they have contemplated potential acquisitions.
Cid strives to avoid surprises for his clients. He accomplishes this through timely communication of issues as well as proactively advising his clients regarding accounting, reporting, and business issues that may impact them. Cid finds that regular and intentional communication throughout the year enables him to stay attune to his client’s needs, challenges, and opportunities.
Cid enjoys being outdoors, particularly at the beach, and all of the maritime activities associated with it. He spends his free time at the coast, on his boat, saltwater fishing.