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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. Improving efficiency is like “losing weight” and “working out more.”

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Grappling With COVID-19, Airlines Shift From Passengers To Cargo

PYMNTS

777-300s, will transport medical supplies, eCommerce items and office equipment, flying between Frankfurt and American Airline’s base at the Dallas-Fort Worth airport. In a similar move, Cathay Pacific is considering operating cargo-only services on passenger jets to Japan, following significant cuts to the passenger network.

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Chapter 11 Watch: Aeropostale Could Be Bought

PYMNTS

Of course, there was the news this week that the private equity firm Versa Capital was interested in acquiring Aeropostale. Last Call Guarantor LLC, a Dallas, Texas-based restaurant chain, became the fourth national restaurant business to file for bankruptcy this year, according to the Texas radio station WFAA.

Texas 100
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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

This belief is based on “the Company’s operating plan, that current working capital and expected continued inventory and capital expenditure financing is sufficient to fund operations and satisfy the Company’s obligations.”. Ontario (L.A.), Oklahoma City, and Memphis. “We

Company 130
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15 Minutes With—Les Leskovin

Independent Banker

Community National Bank & Trust of Texas. Leskoven: We’re about 45 miles southeast of Dallas. IB: Along with its banking operations, Community National Bank manages about $250 million in personal and institutional assets through its trust and investment management department. Les Leskoven. for the $521 Million-Asset.

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Fitness Goes Micro With ‘Workout Pods’ Designed For On-Demand Exercise

CB Insights

Not only are small-scale “pod” operations already a trend in China, but the Chinese government has been promoting health at the national policy level: A new fitness council in China has been tasked with improving national health and wellness by 2020, creating more awareness among Chinese citizens of issues around fitness and health.

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The top-performing community banks of 2021

Independent Banker

Brazos National Bank. Douglas National Bank. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. FSNB, National Association. Pioneer Trust Bank, National Association. Capital Community Bank.