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Community banks are thriving in Texas

Independent Banker

Here’s how four community banks are thriving in this environment. The 2020 Census quantified the growth many residents were already sensing: Austin grew by 33% between 2010 and 2020, earning it the rank of fastest-growing large metro. These include family-owned businesses, community businesses and operating companies.

Texas 182
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Book Report: Community Banking Strategies by Vincent Boberski

Jeff For Banks

This book does a deep dive into the weeds of balance sheet management. The author is very experienced in bank investment portfolio management. So his insights and analysis were critical to teaching me, and possibly you, about seemingly mundane yet important topics such as tax efficiency, derivatives, and BOLI.

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Small Firms Find Tight Labor Market A Costly Challenge

PYMNTS

Wells Fargo, Gallup, CBIZ and Paychex are among the publishers of reports on how small businesses are managing the hiring challenge. According to Gallup’s recent report , hiring emerged as the biggest challenge for SMBs previously this year, reflecting the long-lasting impact a tight labor market has on the small business community.

Marketing 148
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Banking's Top 5 in Total Return to Shareholders: 2018 Edition

Jeff For Banks

This is clearly a turnaround situation, as the bank lost over $12 million in 2010, over 20% of its capital (ouch). But once they turned things around they took their deferred tax asset back onto their books and did three acquisition. is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon.

Oregon 101
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Austin Is Bringing The FinTech Heat

PYMNTS

Nate Stewart, Group Product Manager for BigCommerce , an eCommerce platform with deep roots in Austin, provided a glimpse into what really helps Austin stand apart and why startups can’t help but flock to the city. Austin’s startup community has seen a big transformation over the years. Stewart said Austin fit the bill.

Austin 100
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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

To you, manage your interest rate risk. When the Taxpayer Relief Act of 1997 passed, the top capital gains tax rate was lowered, providing yet another incentive for equity speculators to pour money into the fledgling internet industry. Most of the more than 500 financial institutions that failed were community banks.

FDIC 78
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My Fantasy Banking Team

Jeff For Banks

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. Prior to BofI, he was an investment banker, management consultant, and attorney to the banking industry.