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FDIC: Community banks outperform industry in third quarter

Abrigo

To provide a report card on industry status and performance, the FDIC publishes a Quarterly Banking Profile. Results from the third quarter were just released, and while overall results were positive, community banks in particular excelled. This total represents an increase of almost 24% over the third quarter of 2013.

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Community Banking According to Andy

Jeff For Banks

1/ @Schornack At the end of July 2013, we invested $1.8MM to buy 49% of Flagship Financial Group, Inc. 2/ @Schornack The primary asset of the organization was Flagship Bank Minnesota, a Member FDIC and Equal Housing Lender with two locations in the Twin Cities Metro Area. Jackie Herman, our COO 2013. million in loans.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

Topics range from here-and-now issues, such as the latest mergers and acquisitions environment or competitive pressure from the Buy Now Pay Later industry to strategic topics related to handling member or customer data, recruiting, and banking cannabis. keep me informed. Whitepaper. Asset Liability Modeling. Asset/Liability. CECL Models.

Community 195
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What's With Regulator Agita Over Bank Commercial Real Estate Lending?

Jeff For Banks

Reading between the lines, this bank is likely over the CRE guidance levels, and were probably getting grief from their regulators about it. To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending. Maybe sub out an economist or two.

Lending 60
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Lack of an M&A Strategy May Leave You Dateless at the Prom

Gonzobanker

At the same time, the pace of new bank charters has dwindled to near non-existence. For decades and decades, dozens, if not hundreds, of bank charters were issued each year. Between the end of 2010 and 2013, one new bank opened in the United States. . Total number of banks $1 - $50B in assets 554 553 642.

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Bankers: Is your strategy the same as your competitor?

Jeff For Banks

It is annual report season, meaning publicly traded financial institutions are finalizing their 2013 numbers and submitting their 10k''s to the Securities and Exchange Commission (SEC). This was abundantly clear while I was reading a 10k and forgot the bank. Texas Capital Bancshares, Inc.

Strategy 101
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The Mother List of All Banking Books

Jeff For Banks

2019 Mehrsa Baradaran Baradaran, Mehrsa The Color of Money: Black Banks and the Racial Wealth Gap 2019 Neil Barofsky Barofsky, Neil Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street 2012 Patricia Beard Beard, Patricia Blue Blood and Mutiny: The Fight for the Soul of Morgan Stanley 2007 Ben S.

America 78