Remove 2006 Remove FDIC Remove Management Remove Risk Management
article thumbnail

Get your ducks in a row: HVCRE risk management

Abrigo

In a recent Sageworks webinar Robert Ashbaugh, senior risk management consultant at Sageworks, discusses High Volatility Commercial Real Estate (HVCRE) lending best practices. That 13% represented 80% of the losses to the FDIC insurance fund. How did we get here?

article thumbnail

Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

bank failures per year between 1996 and 2006, and 3.6 To you, manage your interest rate risk. Before becoming desperate and trading interest rate risk for credit risk. In 2006, the then $686 million in asset bank made $8.8 Between 1941 and 1979, an average of 5.3 banks failed a year. between 2015 and 2022.

FDIC 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Five Challenges to Your Bank of the Future and Ideas to Overcome Them

Jeff For Banks

I recently spoke at a Financial Managers' Society (FMS) breakfast meeting on this subject and thought I would share my comments with you. In 2006, when the median asset size within my firm's profitability outsourcing service was $696 million, the operating cost per business checking account was $586 per year.

article thumbnail

LendingClub Settles With SEC, DOJ

PYMNTS

By using funds managed by LCA to benefit its parent company, LCA and Laplanche failed to do so.”. We have full confidence in our new management team and we are a better company today.”. When LendingClub entered the market in 2006, Laplanche had one idea in mind: disrupt the banks. The DOJ Finding.

Lending 135
article thumbnail

What's With Regulator Agita Over Bank Commercial Real Estate Lending?

Jeff For Banks

To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending. Construction concentration criteria : Loans for construction, land, and land development (CLD) represent 100% or more of a banking institution's total risk-based capital.

Lending 60