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Philadelphia Fed brings enforcement action against Quontic Bank

American Banker

Under a written agreement, Quontic pledged not to distribute capital without the permission of its regulators. It's the third enforcement action in five years against the small New York-based bank.

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Filing delays relegate Republic First shares to pink sheets

American Banker

News of the delisting, prompted by ongoing delays related to filing its 2022 annual report, triggered a selloff of the Philadelphia-based company's battered stock.

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Eyes Facing Forward

Independent Banker

ICBA has planned an educational lineup of more than 60 workshops and networking sessions for next month’s Community Banking LIVE conference in New Orleans. Community banks can beat tech-based, nontraditional competitors at their own game. billion-asset community bank in Winter Haven, Fla., Digital Jujitsu.

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Guest Post: FInancial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

As well as the economy has been doing from the momentum of tax cuts and reduced regulation, there are always looming issues. In our local area, we are still seeing modest growth in Philadelphia and surrounding counties. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

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Guest Post: Fourth Quarter and Year End Economic Commentary by Dorothy Jaworski

Jeff For Banks

Its stock markets are said to have led the world markets plunge, with clumsy attempts by their regulators’ circuit breakers to stem declines actually making them worse. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. There were several drivers of this nervous selling activity.

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Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

I believe that we are in this era of weak growth, now eight years old, for the long haul unless changes are made to regulation and we stop adding debt at break-neck speed. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. Many of my economic views contain the word “weak.”

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Guest Post: Second Quarter Economic Commentary by Dorothy Jaworski

Jeff For Banks

If selling in stocks and bonds begins in earnest over this crisis, we will have some of the first tests of liquidity in the markets since new regulations kicked in and restricted financial institutions from trading or making markets. All of this Greek drama could hurt the Euro initially, but it could actually improve if Greece exited.