Abrigo

FEBRUARY 25, 2022

The traditional relationship lending approach for business loans – personal attention and local connections – offered by community banks and credit unions provides a competitive advantage in winning small business loans. It is the backbone of what many community financial institutions do, and they do it well. Siems, Jonathan A.

Lending 195

Lending St. Louis Community Survey 195

ABA Community Banking

APRIL 24, 2020

After a career as a nonprofit executive, Midwest BankCentre Chairman and CEO Orvin Kimbrough discusses the unique perspective he brings to his role and how his bank is reaching underserved communities in the St. Louis area. The post CEO Q&A: Opportunity Rising in the Midwest appeared first on ABA Banking Journal.

St. Louis 98

St. Louis Community Leadership Community Bank 98

Independent Banker

JUNE 30, 2022

A new approach to loan protocols is just one way for community banks to grow in new and different directions. Amid changing economic conditions and rising rates, it’s a good time for community banks to re-evaluate their loan strategy with an eye on adaptability. David, Community Bank Consulting Services, Inc.

Lending 103

Lending Strategy Community Bank Community 103

Jeff For Banks

JUNE 8, 2013

Louis Fed recently performed a study to uncover the characteristics of community banks that thrived during the financial crisis. Thriving banks were defined as under $10 billion in assets, and maintained a composite CAMELS 1 rating in each exam cycle from 2006-11, an impressive accomplishment. Louis Fed'

St. Louis 111

St. Louis Lending Study Strategy 111

Independent Banker

APRIL 30, 2022

Ashley Horner (right), senior vice president and SBA loan administrator, shown with portfolio manager Melanie Elmore, says Summit Bank is on track to make $30 million in SBA loans this year. Here’s how community bankers can take advantage of various sectors—including SBA lending—over the next 12 months. Source: St.

Lending 158

Lending Community St. Louis Community Bank 158

American Banker

SEPTEMBER 28, 2016

LOUIS – Risk management is critical as small banks aim to make money in a low-rate environment.

St. Louis 28

St. Louis Chicago Risk Management Management 28

Abrigo

APRIL 22, 2024

As a share of their total assets, community banks have more business loans below $1 million than larger banks, according to the St. Louis Fed : [S]mall-business loans—i.e., loans less than $1 million—accounted for 12.6%, 11.1% It also helps to understand how those issues affect borrowers. economic ecosystem.

Lending 243

Lending St. Louis Community Marketing 243