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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.

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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.

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Banking's Top 5 in Total Return to Shareholders: 2017 Edition

Jeff For Banks

billion of assets and operates twenty five branches in the western suburbs of Chicago. The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. Their non-performing loans (NPL)/total loans ratio peaked at 12.54% in 2010, and between 2009-12, the Bank charged off over 11% of its loan portfolio.

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The Lebron Effect On Payments

PYMNTS

As part of the deal, Motivate’s servicing and maintenance operations will remain a stand-alone business, and Motivate will retain its brand name and continue to support its North American bikesharing programs. Though FinTech companies originated less than 1 percent of personal loans in 2010, they originated 36 percent of them in 2017.

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Bitcoin’s Resplendent Week

PYMNTS

A second ad due for release in a few weeks will provide information for local business owners on how to accept bitcoin and its benefits to the local community. Jason Gantt and his father, Vernon, operate two bitcoin mines out of their respective homes and are in the process of constructing a third. So, residents of Keene have it right.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Brothers Patrick and John Collison founded Stripe in 2010 in an attempt to gain share in online payments, a then-nascent market with seemingly boundless growth opportunity. Stripe’s early success in acquiring customers was largely due to its mass appeal to the developer community. Sigma aims to streamline business operations.

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AltFin’s Bumpy Ride Into An Uncertain 2019

PYMNTS

consumers owe roughly 26 percent of their annual income to debt, up from 22 percent in 2010. This is a frugal generation [millennials] that realizes that a mortgage with tax payments and insurance included is still much lower than paying rent, especially in desirable markets. despite operating a successful firm in Europe.