Independent Banker

OCTOBER 1, 2022

“A lot of people have this notion that it will never happen to my business or my bank, because it’s too small,” says Linda Comerford, assistant vice president of incident response and cyber services at AmTrust Financial Services Inc. The bank was only able to get fully up and running after it paid a negotiated ransom.”.

Montana 152

Montana Policies Resources FDIC 152

Independent Banker

DECEMBER 31, 2022

We recently spoke with community bank CEOs from across the country to gain insights on how they’re proactively positioning to manage risks and take advantage of growth opportunities in the coming year. Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023.

Community Bank 91

Community Bank Community Tampa North Carolina 91

Independent Banker

AUGUST 25, 2016

More than ever, community banks are exploring new ideas and unconventional approaches to achieving greater profitability. on profitability in community banking. on profitability in community banking. Missouri Bank sharpens focus on trimming expenses. Nothing can happen without it. Vigilant Eyeshades.

Missouri 70

Missouri Connecticut Minnesota Arizona 70

ABA Community Banking

DECEMBER 9, 2014

SNL Report: State is #3 in M&A deal volume Management Financial Trends Lines of Business CSuite Community Banking. 1Management'

Minnesota 40

Minnesota Community Bank Community Trends 40

Independent Banker

OCTOBER 29, 2014

Taking care of soldiers in Iraq before serving customers back home in Minnesota. Army Infantry Platoon leader who became a community banking manager. It’s no different in community banking. What overwhelmed me was the clear support from the community and the dedication they had to show how much they cared.

Minnesota 98

Minnesota Community Community Bank Maine 98

Abrigo

APRIL 21, 2020

“We don’t have to hold more capital against these loans, which is an interesting way to make the availability of this a little better, but it’s going to cost us some money to put these on the books,” explained Dave Koch, Managing Director of Advisory Services at Abrigo, during a recent podcast. The PPP is still rapidly unfolding.

Lending 195

Lending Capital Minnesota FDIC 195

Independent Banker

DECEMBER 28, 2015

Far more than any other issue, regulatory compliance is the biggest challenge community bankers experienced in 2015, with 43 percent naming it as such in ICBA’s State of the Community Banking Industry survey. First Security, a $180 million-asset community bank in New Salem, N.D., By Denise Logeland.

North Dakota 70

North Dakota Community Bank Community Compliance 70

Independent Banker

DECEMBER 13, 2015

We still have a high demand for cash,” says Tylynn Theis, vice president of Harvest Bank, a $130 million-asset community bank in Kimball, Minn. Maybe the baby boomers and older [customers] have a little higher demand for cash, but really we see all ages still coming into the bank for cash.”.

Community Bank 70

Community Bank Community Maine Mississippi 70

American Banker

JUNE 10, 2020

After initially processing the loans manually, the Minnesota bank turned to "low code" software to build the electronic forms and workflows needed to approve loan applications. The result: a more than fivefold increase in the number of loans it could process in a day.

Minnesota 77

Minnesota Software Banking 2020 Community Bank 77

Gonzobanker

DECEMBER 22, 2020

Banks and credit unions had to fundamentally change their delivery, support and relationship management models at scopes and speeds that were unheard of. And how did community banks and credit unions respond to the COVID craziness? Bad things about the banking industry. Everything. Bravo Brett and team!

Idaho 181

Idaho Community Industry Strategy 181

Jeff For Banks

DECEMBER 18, 2014

Open Bank (OTCQB: OPBK) Open Bank commenced operations in 2005 as First Standard Bank in the Koreatown section of Los Angeles. They are built as a relationship bank serving the Korean community in LA and surrounding areas. OTCQX: BNCC) BNCCORP, Inc., share at the end of 2010.

North Dakota 91

North Dakota Arizona Minnesota Los Angeles 91

Jeff For Banks

DECEMBER 19, 2015

The bank was hammered with credit problems during the financial crisis, as Michigan's economy was hit pretty hard. Between 2008-11, the bank lost over $200 million, and its equity base was cut in half. But management went to work. Selling branches, shrinking the balance sheet, raising equity, and working out bad loans.

North Dakota 60

North Dakota Arizona Michigan Florida 60

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Security Bank Midwest.

Community Bank 172

Community Bank Community National Philadelphia 172

Independent Banker

NOVEMBER 24, 2014

“I love being around people, and people are what community banking is all about.” Shirley Nelson, Summit Bank. Overcoming various long odds over the years, Shirley Nelson launched and then grew a thriving California community bank. Shirley Nelson , Summit Bank. Bank Headquarters: Oakland, Calif.

Oakland 98

Oakland Community Bank Community Industry 98

Independent Banker

NOVEMBER 30, 2021

Many hotels and other hospitality businesses haven’t fully bounced back from COVID-19 travel and safety restrictions, but community banks have been by their side through the challenges. MainStreet Bank has a sizable hotel loan portfolio with roughly $100 million in loans on 15 properties. Sushil Patel, State Bank of Texas.

Community Bank 209

Community Bank Community Texas Dallas 209

Independent Banker

AUGUST 25, 2016

to boost your community bank’s. With the average individual spending 100 minutes on social media each day, it’s entirely possible for community banks to share some of that screen time. According to McIlwain, there’s “no right answer” to which social media channels community banks absolutely must use.

social media 70

social media Community Bank Community Video 70

Jeff For Banks

DECEMBER 12, 2016

(Nasdaq: WSBF) Waterstone is a single-bank holding company headquartered in Wauwatosa, Wisconsin. billion of assets and operates eleven branches in the metropolitan Milwaukee market, a loan production office (LPO) in Minneapolis, Minnesota, and 45 mortgage banking offices in 21 states. Summit Financial Group, Inc.

North Dakota 60

North Dakota Minnesota West Virginia Arizona 60

Jeff For Banks

DECEMBER 12, 2017

Today, NPL/total loans is a manageable 0.94%, and the Bank ROA/ROE year-to-date is 1.22% and 11.61% respectively. It is the holding company for Home Federal Savings Bank, a $715 million in asset thrift headquartered in Rochester, Minnesota with retail banking and loan production offices in Minnesota, Iowa, and Wisconsin.

Minnesota 60

Minnesota West Virginia Virginia Iowa 60

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. Our Troublemaker clients reacted to all this mayhem by keeping their focus on customers, making good loans, sticking to their digital transformation strategies, developing employees and giving back to their communities.

Fintech 195

Fintech Community Regional Technology 195