South State Correspondent

APRIL 10, 2023

CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). The risk here is that community banks continue to take on an above-average amount of CRE credit exposure.

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Community Bank Community Los Angeles Regional 195

South State Correspondent

AUGUST 15, 2023

This article provides an update on pricing trends driven by our Loan Command aggregated community bank data and highlights some working pricing ideas. Regarding loan growth, lending continues to be at the slowest pace since 2008. Total industry loans grew 5.1% for the year compared to last year.

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Trends Community Bank Community Lending 195

Independent Banker

FEBRUARY 28, 2023

Derek Williams, president and CEO of Century Bank & Trust in Milledgeville, Ga., wanted to be a financier before finding his way to community banking. He has served as president and CEO of $365 million-asset Century Bank & Trust in Milledgeville, Ga., now part of Bank of America, before moving to Griffin, Ga.,

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Community Community Bank Georgia San Antonio 172

South State Correspondent

MARCH 13, 2023

While we will cover the general lessons HERE , in this article, we wanted to focus on the root cause – how and why interest rate risk caused the second-largest bank failure in US history (Washington Mutual was the largest in 2008). Notably, most community banks’ duration risk is in the loan portfolio.

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Risk Management Management Community Bank Community 221

PYMNTS

SEPTEMBER 24, 2020

smaller community banks and credit unions (CUs) stepped up to the plate and, according to the Small Business Association (SBA), ended up facilitating more than half of PPP loan volume to SMBs. That's good news for community banks and credit unions, which could see a wave of new SMB customers and members in the coming months.

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Community Community Bank Regional Lending 193

Independent Banker

JUNE 30, 2022

Working through any difficulty or crisis at your community bank won’t be a walk in the park, but it may lead to an experience for which you’re truly grateful. As a community banker, you’re either going through a crisis or you’re preparing for one. Is there education or training at ICBA Community Banker University that can help?

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Community Bank Community Lending Training 171

South State Correspondent

NOVEMBER 7, 2022

Banks had enough liquidity so it didn’t really matter in terms of day-to-day operations. Without liquidity, finance companies and investment banks had to draw on their lines. By 2008, there were a variety of failures as a result of liquidity – Bear Sterns, Lehman Brothers, and more. Capital got scarce.

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Marketing Community Bank Community Security 195

American Banker

APRIL 25, 2024

Liberty Bank in Salt Lake City had been "structurally unprofitable" since 2008, according to its regulators. Experts criticized the FDIC for allowing the bank's demise to play out in slow motion.

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Utah FDIC Regulation Community Bank 63

Jeff For Banks

AUGUST 3, 2020

It's what we did in 2008-10. I delivered this talk on a recent bank trade association webinar. Unlike 2008, banks were not the bane of our problems. In 2008, we were in the eye of the storm. Sure, community banks had little to do with liar loans or what was otherwise termed sub-prime. Capital aplenty.

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Community Bank Community Capital Analytics 88

American Banker

JUNE 1, 2016

Community banks are doing very well, thank you very much, Mr. Dimon. But it's not necessarily a return to the salad days of pre-2008. The Wall Street Journal's ongoing series on the banking industry looks at the state of community banking, and pronounces the sector healthy, but facing serious issues. …

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Community Bank Community Industry Regional 28

Abrigo

FEBRUARY 11, 2022

Earlier this month, the FASB considered and rejected further deferral of the CECL standard, initially issued in 2016 in response to the 2008 global financial crisis. The decision appears to mark the board’s final word on ongoing petitions from community banks and credit unions who asked for a delay or total exemption.

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Resources Regulation Community Bank Community 195

Independent Banker

FEBRUARY 28, 2022

What this has to do with community bank investment management may not be readily apparent. The S&P 500 Index dropped 12.4%, which was the worst monthly stock performance since 2008. Belly of the curve matters to community banks. In fact, the tone is about to improve. More often, the two operate independently.

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Community Bank Community Memphis Security 91

American Banker

SEPTEMBER 12, 2016

While troubling factors such as higher risk profiles may be behind the recent lending boom, the industry could also just be returning to the historical average for loan growth following the "Great Panic" of 2008-2010.

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Lending Industry Community Bank Community 28

Independent Banker

OCTOBER 31, 2021

The CARES Act extended the CECL implementation deadline for many larger community banks until the end of the COVID-19 pandemic. Community bankers tell us that while the extension is welcome, they’re already down the road to implementation. ICBA tells FASB CECL isn’t feasible for community banks. By Stephanie Vozza.

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Community Bank Community Software New York City 91

Independent Banker

JUNE 30, 2022

The Peoples Bank helped the Jones family of Legacy Dairy in Hiseville, Ky., From left, Ally Jones; bank chairman, president and CEO Terry L. Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. The bank provides crop insurance to farmers in 11 states.

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Community Bank Community National Philadelphia 172

Jeff For Banks

JANUARY 27, 2011

I was at a strategic planning retreat a few weeks back where a colleague lauded the concept of bankers getting back to plain vanilla community banking. But if you read or watch interviews of CEOs of community FIs from 2008 forward, you will be bombarded with the message that they didn''t engage in the things that led to the collapse.

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Community Bank Community Apple National 71

PYMNTS

JULY 20, 2016

The vast majority of United States senators have penned a letter urging the CFPB to let community banks and credit unions live free from additional regulations. “We request that the CFPB carefully tailor its regulations to match the unique nature of community banks and credit unions,” the letter stated.

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Community Bank United States Community Regulation 100

Jeff For Banks

APRIL 30, 2022

Me: Commercial Real Estate loans are the most profitable product in a community bank's arsenal and have been through various interest rate environments. Bank Senior Lender: Not when you consider the whole relationship. By the time the FF hit zero at the end of 2008, CRE was the last product standing.

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Lending Massachusetts Taxes Community Bank 78

PYMNTS

JANUARY 23, 2020

People facing charges include former community bank manager Carrie Tolstedt, former chief administrative officer Hope Hardison and former chief auditor David Julian, the sources told Bloomberg. The incident was among the biggest scandals in the banking industry since the 2008 crisis.

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Regulation Community Bank Community Security 131

South State Correspondent

JULY 12, 2023

The combination of RTP and FedNow will allow providers, such as correspondent banks, to offer both rails to provide a more expansive network reach and redundancy. Community bank customers will only have to agree to an irrevocable instant payment, and payment providers will route the payment to the fastest, cheapest, and most stable network.

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Payments Management Fraud Data 370

Jeff For Banks

JANUARY 7, 2022

The Death of the Community Bank Pundits make predictions. And I jumped in with both feet with a presentation I made in 2008. But what about recently? Here are the top five most-read posts of 2021. In case you want to read them. When I dug it out of my archives, I reviewed those past predictions with what actually happened.

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Community Bank Community Strategy Marketing 78

PYMNTS

JUNE 18, 2018

SMBs since the 2008 financial recession. percent decline in shares at large banks , coinciding with a 7.8 percent increase in shares at mid-cap regional banks and a 12.1 percent share increase for community banks, suggest that large FIs are losing out to smaller competitors, per CNBC reports last week.

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Lending Community Bank Regional Community 112

PYMNTS

SEPTEMBER 18, 2018

15, 2008 fall of Lehman, which filed for bankruptcy that day. The traditional banking model may be disrupted, or about to be disrupted, depending on where you look. Outstanding credit card debt is at the second highest point seen since the end of 2008, and total outstanding debt stands at $1 trillion. trillion this year.

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Lending Innovation Fintech Cards 148

Abrigo

MARCH 6, 2015

While federal regulators only require this small number of banks to be subject to these particular stress tests, as outlined in the Dodd-Frank Act following the economic crisis of 2008, stress testing is becoming a critical part of financial institutions’ risk management strategies, regardless of their asset sizes.

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Risk Management Capital Community Bank Regulation 150

Independent Banker

SEPTEMBER 30, 2018

We cannot afford to repeat the mistakes that contributed to the 2008 financial catastrophe, which community bankers remember all too well. Every time you think of something that makes your bank unique, whether it’s going one step further to make a loan happen or making a decision that will shore up your capital position, write it down.

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Community Memphis Tennessee Community Bank 79

PYMNTS

APRIL 24, 2017

The Dodd-Frank Wall Street and Consumer Protection Act was supposed to prevent another 2008 banking meltdown — and solve the problem of “too big to fail.” banks have disappeared. And those banks are going out of business — or merging with bigger players — largely due to the complexity and cost of compliance.

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St. Louis Regulation Compliance Community Bank 105

PYMNTS

MAY 22, 2018

More than 13 percent of CUs surveyed rank among the top-performing (financial institutions), nearly twice the percentage of commercial banks and five times the percentage of community banks.”. That said, there remains significant room for improvement, the Innovation Readiness Playbook found.

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Regulation Regional Community Community Bank 100

Long Lasting Ideas

MARCH 3, 2016

FASB’s complex proposal (Current Expected Credit Loss, or CECL) would force community banks to record a provision for credit losses the moment they make a loan. Let’s look back a few years at around 2007 and 2008, around the time of the Great Recession.

Community Bank 40

Community Bank Marketing Strategies Community Regulation 40

Abrigo

AUGUST 26, 2015

“… it’s not 2008.”. NCUA seems to have forgotten that it's not 2008, but, instead, 2015 and that the credit union community — in NCUA's own assessment — is strong and resilient,” McWatters said in the Credit Union Journal. The longer interval is on the table for banks as well.

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Survey Community National Community Bank 150

PYMNTS

JANUARY 29, 2018

The financial services market has progressed by leaps and bounds in terms of innovation, from the rise of alternative finance to the development of technologies like blockchain and open banking initiatives. Meanwhile, bank lending to small businesses dropped by nearly $100 billion during that time.

Lending 116

Lending Florida Report Community Bank 116

Independent Banker

JULY 30, 2015

Since 2008 the Louisiana Bankers Association has sponsored more than 50 pieces of state legislation to help Louisiana community banks and their customers. Amending Louisiana’s laws to better address financial crimes, electronic documents and unclaimed property. By Robert Taylor. The LBA also has been very active with the U.S.

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Louisiana Community Bank Community Fraud 70

American Banker

APRIL 14, 2020

Unlike in 2008, banks have become a steady force during the coronavirus pandemic.

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Community Bank Community Management Fintech 77

American Banker

APRIL 22, 2020

The program, created in response to the 2008 financial crisis, generated $19 billion in small-business loans. It could be used as a viable path out of the coronavirus pandemic.

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Lending Community Bank Community 62

Abrigo

AUGUST 5, 2020

Key Takeaways This recession is significantly different than the 2008 financial crisis, creating a unique credit environment for financial institutions. Now, banks and credit unions must determine how to safely and effectively manage risk in the portfolio while also driving growth at their institution.

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Management Risk Management Trends Industry 195

Independent Banker

DECEMBER 29, 2015

Of course, Basel III—otherwise known as the Third Basel Accord—is a global regulatory framework on bank capital adequacy, stress testing and market liquidity risk. Most concerning has been the safety-and-soundness regulation’s unnecessary effect on reducing certain lending by community banks, say Kendrick and several community bankers.

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Community Bank Community Capital Lending 70

CFPB Monitor

MARCH 30, 2020

Section 4012 – Temporary Relief For Community Banks. Section 4012 of the CARES Act provides temporary relief to financial institutions that elected to be subject to the Community Bank Leverage Ratio pursuant to the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA).

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Regulation United States Community Bank National 122

Jeff For Banks

JUNE 2, 2023

Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate? In many respects, community banks were caught in the cross-fire through the purchase of those mbs instruments – and subsequent trial through public sentiment. We took a serious reputational hit.

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FDIC Community Bank Regulation Lending 78