Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Shielding sensitive customer information from prying eyes remains a chronic industry challenge. Bob Hickok.

Data 91

Data How To Community Bank California 91

Abrigo

FEBRUARY 17, 2015

Community banks (under $10 billion in assets) and regional banks (between $10 and $50 billion) represent 21 percent and nine percent, respectively. Regional banks had the most diversified portfolios, but community banks generally had higher concentrations in CRE and agriculture loans.

St. Louis 150

St. Louis Lending Community Bank Regional 150

Jeff For Banks

NOVEMBER 6, 2010

Was published in 2010, so it has up to date lessons learned; 5. bank portfolio management bank strategy banks BOLI Community Banking Strategies credit unions Jeff Marsico Kafafian Group thrifts Vince Boberski Vincent Boberski' Gave specific instructions on how to analyze those instruments; 3.

Community Bank 60

Community Bank Strategy Community Report 60

PYMNTS

APRIL 13, 2020

Austere institutions that seemed impervious to change are reinventing themselves fast, as empowered consumers demand terms and services that banks would have found laughable in 2010. Examining sentiments around banks, PYMNTS polled nearly 1,300 U.S. percent feel the same toward local and community banks.

Digital Banking 154

Digital Banking ATM Community Bank Survey 154

PYMNTS

FEBRUARY 24, 2016

In reference to community banks, the 5,735 that reported said they had $5.1 Loan losses showed their first year-over-year increase since the second quarter of 2010, and charge-offs were up 7 percent for the most recent period. That is the lowest tally for a fourth quarter report in the past 20 years.

FDIC 100

FDIC Community Bank Maine Community 100

American Banker

MARCH 2, 2020

From 2010 to 2018 the South Carolina bank was on the FDIC's problem bank list, but in the last two years it has been profitable. Dominik Mjartan, the bank's president and CEO, explains how technology upgrades and relationship building helped it get back on track.

South Carolina 81

South Carolina FDIC Technology Community Bank 81

Jeff For Banks

DECEMBER 13, 2018

The Bank has 61 branch locations throughout the Carolinas. In 2015, the Company was recognized as American Banker's #1 bank for three-year ROE. This is clearly a turnaround situation, as the bank lost over $12 million in 2010, over 20% of its capital (ouch). The Bank operates five full service offices. Pretty good.

Oregon 101

Oregon Ohio California Community Bank 101

PYMNTS

SEPTEMBER 18, 2018

At the peak of the crisis, the delinquency rate was 10 percent in 2010, as underwater mortgages and foreclosures hit the headlines. Now, tighter standards in the wake of Dodd-Frank’s 2010 passage helped get that down to about 4.3 Mortgages and Credit Cards and Student Debt…. Mortgages ? trillion at the peak of the financial crisis.

Lending 148

Lending Innovation Fintech Cards 148

PYMNTS

MAY 30, 2018

The Economic Growth, Regulatory Relief and Consumer Protection Act loosened some of the regulations on small financial institutions, including community banks whose customers included many small businesses. lost more than a quarter of its community banks, according to the Federal Deposit Insurance Corp.

Lending 115

Lending Community Bank Survey Community 115

Independent Banker

FEBRUARY 24, 2016

Community banks cannot afford to ignore the staggering pace of lending adoption by both individuals and businesses using digital-only platforms from various nonbank technology-based specialty lending firms. But community banks should not be without hope, nor should they underestimate the significance of customer relationships.

Community Bank 70

Community Bank Community Lending FDIC 70

Abrigo

AUGUST 3, 2017

The FDIC paper The Entry, Performance, and Risk Profile of De Novo Banks published in April 2016 reports that the number of de novo bank failures and acquisitions annually has drastically declined since 2010, primarily due to the fact that new bank formations have become nearly inexistent.

Oklahoma City 150

Oklahoma City FDIC Handbook Oklahoma 150

Abrigo

OCTOBER 2, 2014

According to the BCBS’s Basel III framework document published in December 2010 and revised in June 2011, the main objective is to improve banks’ “ability to absorb shocks arising from financial and economic stress.” Blog Bank Credit Union' Click here to register for Preparing for Basel III.

How To 236

How To Capital Community Bank Maine 236

PYMNTS

OCTOBER 17, 2017

Walmart claimed it wanted to leverage the proposed bank mainly for the purpose of lowering costs of its backroom processing of check and credit card transactions and to offer high-interest certificates of deposits. But, as SoFi and now Square have demonstrated, the interest is there, and the FinTechs aren’t going away.

Industry 108

Industry Fintech FDIC Community Bank 108

Independent Banker

AUGUST 25, 2016

With Congress returning to Washington this month for an abbreviated session ahead of the November elections, Habursky has been working to expand community bank engagement with federal lawmakers and regulators. ICBA has a great infrastructure in place and a lot of active advocates among community bankers. Community Banks.

Washington 72

Washington Community Bank Policies Community 72

PYMNTS

JANUARY 31, 2019

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. With clearance to move forward with its plans, the community banking landscape will see its first new industry player in years.

Community Bank 122

Community Bank Community FDIC Marketing 122

Independent Banker

MARCH 15, 2015

Increasingly, more digitally connected consumers are saying yes to that question with their community bank. Some even assume their bank will interact with them however and whenever they want. For many community banks, telephone calls still generate the highest volumes of customer service interactions.

Community Bank 70

Community Bank Community Operations Retail 70

American Banker

OCTOBER 30, 2020

RockPoint Bank is on pace to open early next year. The announcement comes two weeks after Craft Bank became Atlanta's first new bank since 2010.

Tennessee 31

Tennessee Atlanta Capital Community Bank 31

Jeff For Banks

NOVEMBER 19, 2014

The chart above, taken from a Harvard Business School Working Paper: The State of Small Business Lending written by a former SBA Administrator and also published in July, shows that only 34% of small businesses use a regional or community bank as their primary financial institution. Yes, a loan is the most often cited.

Lending 93

Lending San Francisco Community Community Bank 93

Abrigo

AUGUST 26, 2015

In 2010, following the economic downturn, the NCUA moved from an 18-month period to the current 12-month one. The longer interval is on the table for banks as well. Earlier this spring a bill was proposed in Congress to allow more community banks take advantage of a longer exam cycle.

Survey 150

Survey Community National Community Bank 150

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. They were killing it in construction and development loans.

FDIC 78

FDIC Community Bank Regulation Lending 78

Abrigo

DECEMBER 16, 2019

Ours, who is Senior Vice President and Director of Credit Administration of Summit and its 32-location bank subsidiary, Summit Community Bank Inc., Ours said that for Summit Community, which decided to use the cohort methodology, which is a loss migration approach, the choice came down to the availability of quality data. “We

West Virginia 195

West Virginia Virginia Data Community 195

Jeff For Banks

NOVEMBER 7, 2016

each year since 2010, despite a declining labor force participation rate. I think that job growth is symptomatic of weak productivity, which has risen by less than half of 1% from 2010 to 2015, compared to an average annual growth of 1.5% Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

Tools 60

Tools Community Bank Risk Management Community 60

Gonzobanker

JANUARY 17, 2020

So, to get your Gonzo executive brains warmed up for a new year, I offer you 20 important banking realities for 2020 to guide your strategic execution efforts: 1. We are entering the “tech decade” in banking. In the years 2010-2020, new tech adoption transformed customer expectations.

Customer Experience 127

Customer Experience Fintech Regional Cards 127

Independent Banker

MARCH 15, 2015

It was a prescient move for Hartings and the $450 million-asset community bank, which comfortably weathered the downturn even though residential mortgages are its biggest business line—but not everyone appreciated Hartings’ common-sense approach at the time. Executive Committee, member, from 2010-2015. ICBA service.

Ohio 70

Ohio Community Bank Community Lending 70

Jeff For Banks

AUGUST 6, 2016

Power 2016 US Retail Banking Satisfaction Study , our satisfaction with big banks rose for the sixth consecutive year. Satisfaction with mid sized banks dropped for the first time since 2010. And it seems like every large bank has a trophy case of J.D. Again, I think the devil is in the details.

Minneapolis 60

Minneapolis US Community Bank Study 60

Independent Banker

JULY 1, 2015

The senior loan officer at Teton Banks has been instrumental in helping the bank more than quadruple its loan portfolio during his 17-year tenure with the bank. Teton Banks, a $200 million-asset community bank, is located in central Montana. That bank merged with its sister bank in 2010 to form Teton Banks.

Montana 70

Montana Minnesota Lending Community 70

Jeff For Banks

SEPTEMBER 13, 2015

He joined COB's board in 2009 after its $310 million recapitalization which was needed from a disastrous slew of losses incurred starting in 2008 as a result of awful credit decisions, leading to a 21% NPA/Asset ratio peak in 2010. Selection: Mitch Englert, EVP of Community Banking, Capital City Bank Group, Inc.

Community Bank 60

Community Bank Lending Community Security 60

Jeff For Banks

DECEMBER 19, 2015

Those investors that jumped onboard at the end of 2010 were well rewarded. OTCQX: FETM) In 2006, Fentura Financial, the holding company for the creatively named State Bank, had over $620 million in total assets, $51 million in total equity, an 0.85% ROA, and a book value per share of $24.08. share at the end of 2010.

North Dakota 60

North Dakota Arizona Michigan Florida 60

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.

Lending 28

Lending Industry Community Bank Community 28

American Banker

SEPTEMBER 25, 2016

Andrea Smith has been a member of Bank of America's executive leadership team since 2010, first serving as global head of human resources before transitioning last year to chief administrative officer.

America 28

America Leadership Resources Community Bank 28

American Banker

SEPTEMBER 22, 2016

In 2010, lawmakers passed reforms to bring transparency and competition to a swipe fee market that had been devoid of both. Now, they want to undo that progress.

Marketing 28

Marketing Community Bank Community Cards 28

American Banker

SEPTEMBER 15, 2016

Lantz, 37, worked at Bank of America from April 2003 to 2010, eventually serving as senior vice president of program management. Washington Federal in Seattle has named Erin Lantz, a general manager of mortgages at Zillow Group, to its board.

Washington 28

Washington Seattle America Groups 28

Jeff For Banks

DECEMBER 18, 2014

Year to date through September 30th, Open Bank had $4.5 The lion''s share of their growth, profitability, and capital have come since their re-branding to Open Bank in 2010. In June, the bank raised an additional $30 million of common equity, positioning it to continue its strong growth. #2. share at the end of 2010.

North Dakota 91

North Dakota Arizona Minnesota Los Angeles 91

American Banker

MARCH 18, 2016

The Federal Reserve Board has terminated enforcement actions issued in 2010 against American Bank of Baxter Springs in Kansas and CB Financial in Wilson, N.C., and issued an enforcement action against Hazard Bancorp in Kentucky.

Kentucky 28

Kentucky Kansas Community Bank Community 28

Banking 2020

FEBRUARY 19, 2015

We recently spoke with Eddy Arriola, Chairman of Apollo Bank, to learn more about their initiatives and how other financial institutions can learn from them. In a few sentences, can you tell us a bit more about Apollo Bank? What is one of your most recent community initiatives?

Miami 40

Miami Community Leadership Florida 40

Jeff For Banks

MAY 4, 2020

Readers note: You can also view this post on Penn Community Bank's website. At this point, once recovered, the economy will grow but at a slower pace than the 2% to which we had grown accustomed from 2010 to 2019. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. Click here.

Marketing 78

Marketing Philadelphia Community Bank US 78

Jeff For Banks

MARCH 5, 2022

As we learned during the expansionary decade of 2010 to 2020, GDP greater than 90% for several years will lower GDP by one-third. DJ 02/19/22 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis.

Marketing 78

Marketing Policies Community Bank Community 78