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                         CONSENT OF FINANCIAL ADVISOR


      We hereby consent to the use of our opinion included as Annex C to the
Joint Proxy Statement/Prospectus included in the Registration Statement on
Form S-4 relating to the proposed merger between Enterbank Holdings, Inc. and
Commercial Guaranty Bancshares, Inc., and to the reference to our firm name
under the caption "Opinion of Enterbank's Financial Advisor" in such Joint
Proxy Statement/Prospectus.  In giving such consent, we do not admit and we
disclaim that we come within the category of persons whose consent is
required under Section 7 of the Securities Act of 1933, as amended, or the
Rules and Regulations of the Securities and Exchange Commission thereunder.


                             STIFEL, NICOLAUS & COMPANY, INCORPORATED

                             By: /s/ Mark J. Ross
                                 --------------------------
                                 Mark J. Ross
                                 Vice President





St. Louis, Missouri

May 10, 2000