Abrigo

MARCH 9, 2015

The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. This marked the largest gap since the fourth quarter of 2006. The FDIC’s “Problem List” dropped to 291 institutions, from 329 in 2013. Loan balances continue to increase.

Community Bank 150

Community Bank Community FDIC Industry 150

Jeff For Banks

OCTOBER 12, 2013

Over the next two years, the Fed raised rates 16 more times, ending at 5.25% on June 29, 2006 (see chart). When the Fed ended its tightening in June 2006 at 5.25%, bank cost of deposits was 2.68%, a significant spread. Yes, non-core deposits as a percent of total deposits grew from 32% in June 2004 to 38% in June 2006.

FDIC 97

FDIC Analysis Groups US 97

Abrigo

JULY 25, 2017

Ashbaugh highlights that as of 2006, 31% of US banks exceeded at least one of the limits, and that 23% of banks that exceeded both limits failed, while 13% of banks that exceeded the construction limit failed. That 13% represented 80% of the losses to the FDIC insurance fund.

Risk Management 150

Risk Management Management Capital Lending 150

Jeff For Banks

JUNE 2, 2023

bank failures per year between 1996 and 2006, and 3.6 According to the FDIC, the causes of the 2008-09 financial crisis lay partly in the housing boom and bust of the mid-2000s; partly in the degree to which the U.S. In 2006, the then $686 million in asset bank made $8.8 Between 1941 and 1979, an average of 5.3

FDIC 78

FDIC Community Bank Regulation Lending 78

Jeff For Banks

OCTOBER 15, 2021

If this were 2006, things would be good. Retiree: That's Not So Funny To the retiree that prefers the safe haven of FDIC insured deposits held at the local bank that lends it out locally, this is a serious issue. You've been conservative, preferring the stability and security of bank deposits versus the gyrations of the market.

Taxes 78

Taxes FDIC Guidelines Policies 78

Jeff For Banks

JANUARY 3, 2012

This distress was clearly evident when I recently performed some "where are they now" research on the highest performing ROE FIs in 2006, the last normal year prior to the crisis (see table). I searched all publicly traded banks and thrifts that existed in 2006 and sorted them by the highest ROE. A note on the data. Yes, failed.

Atlanta 91

Atlanta Capital FDIC US 91

Independent Banker

APRIL 29, 2016

She began her 17-year banking career as an FDIC examiner. She has been with the bank since 2006. We are deeply devoted to our mission, to our customers, to our neighbors and, ultimately, to our community. Jolene Muscha is president of the Bank of Glen Ullin.

Community Bank 70

Community Bank Community Meeting FDIC 70

Jeff For Banks

MAY 20, 2017

To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending. Reading between the lines, this bank is likely over the CRE guidance levels, and were probably getting grief from their regulators about it. Maybe sub out an economist or two.

Lending 60

Lending Regulation Community Community Bank 60

Jeff For Banks

MARCH 3, 2018

When I wrote that post in January 2011 there were 7,700 FDIC insured financial institutions. Didn't even exist in 2006. Six years ago I asked in a blog post Will Plain Vanilla Kill Community Banking ? Did I get caught up in the change-or-die crowd? Was I, gulp, a futurist? Today there are less than 5,700. A 26% decline.

Apple 67

Apple Millennials Massachusetts FDIC 67

Jeff For Banks

OCTOBER 9, 2016

According to my firm’s profitability database, branches generated revenue (defined as consumer loan spreads, deposit spreads, and fees) as a percent of branch deposits of 3.50% in 2006. Today, that number is 2.08% due to the interest rate environment, the regulatory environment (reducing deposit fees), and customer behavioral changes.

FDIC 60

FDIC Trends Operations Examples 60

Jeff For Banks

SEPTEMBER 10, 2011

They acquired seven failed institutions in Georgia, Florida, and South Carolina from the FDIC, adding over $2 billion of acquired assets since March 2010. Bank of the Ozarks has historically been a very good performer as they grew and prior to their recent FDIC deal binge. Their ROA in 2006 when their assets were $2.5

Arkansas 67

Arkansas South Carolina FDIC North Carolina 67

Jeff For Banks

OCTOBER 29, 2016

In 2006, when the median asset size within my firm's profitability outsourcing service was $696 million, the operating cost per business checking account was $586 per year. Forget the things outside of your control. These five themes are firmly within your ability to make a positive impact on your future. deposit market share in 2012 to a 80.7%

Training 60

Training FDIC Community Resources 60

Jeff For Banks

AUGUST 2, 2021

2/ @Schornack The primary asset of the organization was Flagship Bank Minnesota, a Member FDIC and Equal Housing Lender with two locations in the Twin Cities Metro Area. 8/ @Schornack It is a niche that has only grown over time and one that has shown very little net losses since we started making these loans around the U of M in 2005-2006.

Community Bank 78

Community Bank Community Minnesota Metro 78

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The DOJ Finding. The Rundown on the Run-up to the Decisions.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

NOVEMBER 18, 2019

recorded its fourth bank failure this year — the first collapse of financial institutions since 2017, according to data from the Federal Deposit Insurance Corp ( FDIC ). Assets and deposits were assumed by Industrial Bank, a press release from the FDIC indicated. “On Approximately $500,000 in deposits exceeded FDIC insurance limits.

Kentucky 140

Kentucky FDIC Ohio US 140

Perficient

MARCH 10, 2021

Governed by an interagency agreement among the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC), the program review credits with minimum aggregate loan commitments totaling $100 million or more that were shared by three or more regulated financial institutions.

National 309

National Regulation FDIC Retail 309

PYMNTS

JANUARY 10, 2019

According to a report in CNBC , citing Calculated Risk, last year was the first time since 2006 that not one U.S. FDIC) was founded in 1933 that an entire year went by without a bank going under. If a bank fails, the regulator looks to sell the assets to another bank and the FDIC assumes responsibility for the remaining assets.

Industry 153

Industry FDIC US Regulation 153

Jeff For Banks

APRIL 14, 2022

Inside the FDIC: Thirty Years of Bank Failures, Bailouts, and Regulatory Battles 2015 Louis D. Other People's Money: How Banking Worked in the Early American Republic 2017 Allen Nevins Nevins, Allen History of the Bank of New York and Trust Company, 1784-1934 2006 George A. Irrational Exuberance 2006 William L.

America 78

America National Denver United States 78

PYMNTS

FEBRUARY 22, 2019

Amid rising revenues and decreased taxes, the Federal Deposit Insurance Corporation (FDIC) announced on Thursday (Feb. In an announcement , FDIC Chairman Jelena McWilliams said, “Loan balances expanded, net interest margins improved and the number of ‘problem banks’ continued to decline.”. At the same time, interest income jumped by 8.1

FDIC 116

FDIC Taxes Industry Regulation 116