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.

Community Bank 91

Community Bank Community Software New York City 91

Abrigo

MARCH 6, 2015

Ultimately, the Fed’s annual stress tests of the largest 31 financial institutions is to ensure that the bank’s capital levels could withstand another financial collapse, should one occur. During examination time, regulators are increasingly looking at a bank’s stress testing processes and resulting capital plans.

Risk Management 150

Risk Management Capital Community Bank Regulation 150

Jeff For Banks

JUNE 2, 2023

The old borrow short, lend long strategy. I want to read to you the FDIC’s conclusion from their An Examination of the Banking Crisis of the 1980’s and Early 1990’s. In this regard, the bank regulatory agencies need to remain politically independent. Third, the regulators need adequate financial resources.

FDIC 78

FDIC Community Bank Regulation Lending 78

Independent Banker

DECEMBER 29, 2015

Since then, community banks have been struggling to understand all of the regulation’s various complex “moving parts” and how to best comply with it, says James Kendrick, vice president for accounting and capital policy at ICBA. ICBA supports strong minimum capital levels for all banks, including community banks.

Community Bank 70

Community Bank Community Capital Lending 70

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. Learn More. Stress Testing.

Management 195

Management Risk Management Trends Industry 195

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.

Community Bank 71

Community Bank Community Apple National 71

Abrigo

MARCH 20, 2015

For the largest of American financial institutions – those that much of the public banks with for checking, mortgages and auto loans – stress testing regulations have been passed and executed to avoid a repeat of 2008. California is also a healthy state for banking – with 15 of 20 banks on the Western list in the Golden State.

Texas 150

Texas Regional California Community Bank 150

Jeff For Banks

APRIL 21, 2012

@JeffMarsico Credit Union CEO: "The differences between CUs & community banks are inflated by trade groups. We should focus on big banks." jfb note: This was told to me at a conference that was designed specifically to lobby the Federal government with the key issue being expanding CUs business lending.

Community Bank 71

Community Bank Community Groups Lending 71

Gonzobanker

SEPTEMBER 14, 2016

We consult to the mid-size and community banking space. Like you, we make our livelihood from this industry and have deep respect for the banking business and the people in it. For many years, we all respected and admired the phenomenal brand you built—the folksy, hometown bank that scaled without compromising values.

Management 60

Management Community Bank Community US 60

Abrigo

MARCH 13, 2023

Historic collapse SVB is different from other financial institutions The FDIC closure and assumption of Silicon Valley Bank (SVB) – the largest bank failure since 2008 – is a stark reminder that when a crisis occurs, it can spread as fast as a wildfire in dry fields with a strong wind.

Strategy 195

Strategy Lending Security Analysis 195

Abrigo

APRIL 7, 2022

At recent Abrigo CECL Kickstart webinars, consultants demonstrated CECL implementation practices with an emphasis on the needs of community banks and credit unions. Once factors like the economy, new regulations, management changes, or even natural disasters are factored in, a greater allowance may be necessary.

Policies 195

Policies Data Examples Lending 195

Gonzobanker

DECEMBER 19, 2022

Financial institutions that relied on mortgage banking fee income as a key earnings component have been left to make big adjustments. As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Goes to Sen.

Community 216

Community Fintech Industry Innovation 216

South State Correspondent

JUNE 13, 2022

Instantly, the cash flow for those businesses that many community banks lent to is impacted. The result is an unrealistic view of risk that deceive both management and the regulators into believing the bank has a solid risk plan when in fact, they do not. At that point, banks were then reluctant to sell.

Risk Management 195

Risk Management Examples social media Management 195

PYMNTS

MARCH 12, 2018

Chamber of Commerce is voicing its support for legislation that would ease regulatory burdens for the nation’s community banks in an effort to improve access to funding for small business borrowers. According to reports, the Senate is expected to pass the legislation this week.

Community Bank 110

Community Bank Community Regional Regulation 110

Independent Banker

FEBRUARY 16, 2015

Sherrod Brown (D-Ohio), two lawmakers tapped to lead the Senate Banking Committee for their respective parties, are both independent-minded senators who hold positive views on several priority community banking issues. Richard Shelby (R-Ala.) So I would say he’s open to things we are concerned about.”.

Community Bank 70

Community Bank Alabama Ohio Community 70

PYMNTS

MARCH 15, 2018

On Wednesday (March 14), the Senate passed legislation that would loosen the regulations placed on financial companies after the Great Recession, with the bill gaining bipartisan support. With the bill, more than two dozen banks will be relieved of regulations that were placed on them under the Dodd-Frank Act.

Idaho 133

Idaho Regulation Massachusetts Washington 133

CFPB Monitor

MAY 3, 2019

The tone and tenor of the hearing became readily apparently during opening remarks offered by Representative Gregory Meeks, in which he analogized small dollar lenders to “no document” mortgage lenders that caused the 2008 financial crisis because of a failure to assess ability to repay. (Mr. A leading consumer advocate.).

Michigan 68

Michigan Policies Utah Lending 68