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The top-performing community banks of 2021

Independent Banker

Brazos National Bank. Douglas National Bank. Central Bank of Kansas City. Kansas City. FSNB, National Association. Pioneer Trust Bank, National Association. AMG National Trust Bank. HNB National Bank. Genesee Regional Bank. Philip Pecora, president and CEO, Genesee Regional Bank.

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Supply chain disruptions: shocks, links, and hidden exposure

BankUnderground

To paraphrase Judy Garland in the Wizard of Oz: ‘Supply chains are not in Kansas anymore’ But what changed? Look through exposure takes account of the fact that the Canadian component producer may source inputs from other nations; the face value attribution to Canada hides some exposure. Source: Figure 2.5

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Simmons First to Close 10 Branches for $1.6M in Yearly Savings

American Banker

Simmons First National in Pine Bluff, Ark., plans to close 10 banks across four states by the end of the second quarter: three branches in Arkansas, four in the Missouri and Kansas region and three in Tennessee.

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CFPB Set to Release Payday Lending Proposal on June 2

American Banker

The bureau said Wednesday that it plans to hold a public hearing in Kansas City, Mo., The hearing will be held at the Kansas City Convention Center and will feature remarks from CFPB Director Richard Cordray, as well as testimony from consumer groups, industry representatives, and the public. to discuss small dollar lending.

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Straightforward Principles of Success

Independent Banker

Western Region Award Recipient. He also serves on the Federal Reserve Bank of Kansas City and Denver Branch board of directors, and is active in supporting community bank efforts nationally. “From the beginning, we’ve really tried to keep things simple. We let our actions speak for the bank.” Mark Zaback, Jonah Bank of Wyoming.

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UMB Profit Rises as Turnaround Continues

American Banker

UMB Financial in Kansas City, Mo., reported higher quarterly profit as it continues to makes progress on a multi-year effort to slash expenses.

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UMB Profits from M&A, Names CFO

American Banker

UMB Financial in Kansas City, Mo., on Tuesday reported higher than expected quarterly profits due to loan growth from a recent acquisition.