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Lessons Learned From the Fourth United States Bank Failure of 2023

Perficient

A rather small bank, as of the end of its first quarter, the bank reported $139 million in total assets and $130 million in total deposits in its FDIC Call Report. Heartland Tri-State began operations in 1985 under the name First National Bank of Elkhart. He was promoted to President and CEO in 2008.

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U.S. Farming Has A Banking Problem

PYMNTS

Analysts note that today, the percentage of professionals working in the agricultural sector remains so low that including them in national jobs calculations would not have a statistically relevant effect on overall analysis. “As percent: the growth rate of FDIC-insured bank loans to farm borrowers as of March 2019.

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Community banks’ net income, loan balances increase in 2014

Abrigo

The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. billion at the end of 2014, the lowest since the end of the first quarter of 2008. percent – the highest level since the third quarter of 2008. Reserves totaled $122.6

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Community banks’ net income, loan balances increase in 2014

Abrigo

The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. billion at the end of 2014, the lowest since the end of the first quarter of 2008. percent – the highest level since the third quarter of 2008. Reserves totaled $122.6

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The Death of the Community Bank

Jeff For Banks

In June of 2008 I gave a speech titled "The Death of the Community Bank" and in that speech I made predictions. A mid-2020 survey performed by Cornerstone Advisors showed that 51% of retail customers that opened a new bank account within the last three months did so at a large, national bank. It was a pretty alarming slide.

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Diversity reports at two federal agencies offer glimpse of regulatory review under impending Dodd-Frank diversity standards

CFPB Monitor

Two reports recently issued by the Offices of Inspector General at the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) may provide some insight on the impending final standards. ( FDIC Report ; OCC Report ).

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Impact of Covid-19 Felt in the Shared National Credit Reviews Released by Bank Regulators

Perficient

.” SNC (pronounced like the candy bar but without the “ers”) stands for the Shared National Credit Program, which, since 1977, has assessed risk in the largest and most complex credits shared by multiple regulated financial institutions. Total Outstanding.

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