Abrigo

AUGUST 3, 2017

The FDIC paper The Entry, Performance, and Risk Profile of De Novo Banks published in April 2016 reports that the number of de novo bank failures and acquisitions annually has drastically declined since 2010, primarily due to the fact that new bank formations have become nearly inexistent.

Oklahoma City 150

Oklahoma City FDIC Handbook Oklahoma 150

PYMNTS

OCTOBER 17, 2017

ILCs are used to form industrial loan companies, better known as industrial banks. An industrial bank is an FDIC-insured depository institution that is generally subject to the same banking laws and regulations as any other bank charter type, with the important exception of the Bank Holding Act of 1956.

Industry 108

Industry Fintech FDIC Community Bank 108

American Banker

MARCH 2, 2020

From 2010 to 2018 the South Carolina bank was on the FDIC's problem bank list, but in the last two years it has been profitable. Dominik Mjartan, the bank's president and CEO, explains how technology upgrades and relationship building helped it get back on track.

South Carolina 81

South Carolina FDIC Technology Community Bank 81

Abrigo

SEPTEMBER 14, 2022

In 2010, Congress enacted the Dodd-Frank Act “ [t]o promote the financial stability of the United States by improving accountability and transparency in the financial system.” In fact, it took a lawsuit initiated by a California community group in 2019 to get things moving. FDIC Releases Formal and Informal Enforcement Actions Manual.

Lending 195

Lending Data Regulation Community 195

Independent Banker

FEBRUARY 24, 2016

Community banks cannot afford to ignore the staggering pace of lending adoption by both individuals and businesses using digital-only platforms from various nonbank technology-based specialty lending firms. But community banks should not be without hope, nor should they underestimate the significance of customer relationships.

Community Bank 70

Community Bank Community Lending FDIC 70

Jeff For Banks

JUNE 2, 2023

Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate? In many respects, community banks were caught in the cross-fire through the purchase of those mbs instruments – and subsequent trial through public sentiment. We took a serious reputational hit.

FDIC 78

FDIC Community Bank Regulation Lending 78

Jeff For Banks

APRIL 14, 2022

2019 Mehrsa Baradaran Baradaran, Mehrsa The Color of Money: Black Banks and the Racial Wealth Gap 2019 Neil Barofsky Barofsky, Neil Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street 2012 Patricia Beard Beard, Patricia Blue Blood and Mutiny: The Fight for the Soul of Morgan Stanley 2007 Ben S.

America 78

America National Denver United States 78

Independent Banker

MARCH 15, 2015

While out-of-town lenders gave money to customers requiring no down payments to buy overpriced homes that they couldn’t afford, Hartings, the president and CEO of The Peoples Bank Co. in Coldwater, Ohio, and ICBA’s incoming chairman, held fast to his community bank’s conservative lending practices.

Ohio 70

Ohio Community Bank Community Lending 70

Jeff For Banks

SEPTEMBER 10, 2011

(Nasdaq: OZRK) of Little Rock, Arkansas Over a 100-year banking history, Bank of the Ozarks expanded from its headquarters in Little Rock, Arkansas, to more than 100 locations throughout the Southeast and is consistently ranked among the top performing banks in America (see chart). billion bank with a 3.60% ROA year to date.

Arkansas 65

Arkansas South Carolina FDIC North Carolina 65

Gonzobanker

AUGUST 22, 2014

At the same time, the pace of new bank charters has dwindled to near non-existence. For decades and decades, dozens, if not hundreds, of bank charters were issued each year. Between the end of 2010 and 2013, one new bank opened in the United States. . Total number of banks $1 - $50B in assets 554 553 642.

Strategy 87

Strategy United States Community New York City 87

Jeff For Banks

DECEMBER 26, 2012

At the time, the bank had a couple dozen employees and total assets of $28 million. Today the bank has more than 100 offices in seven states. It''s growth since 2010 has been fueled by seven purchases of failed banks. This has led to a mind blowing net interest margin of 6.01% for the quarter ended September 30, 2012.

Texas 78

Texas National FDIC Capital 78

American Banker

JULY 13, 2016

The investigation into the lack of new bank charter applications has turned into a proxy battle over the Dodd-Frank Act, with Republicans and many industry players pointing a finger at the 2010 law.

Industry 28

Industry FDIC Community Bank Community 28