Remove 2013 Remove Capital Remove FDIC Remove Operations
article thumbnail

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. Compared to the second quarter of 2014 and the third quarter of 2013, loan growth continues to increase. This total represents an increase of almost 24% over the third quarter of 2013. Loan-Loss Provisions Increase.

article thumbnail

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 assets and $233.7

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Top Banking Podcasts You Should be Listening to

Abrigo

Breaking Banks Breaking Banks , billed as the #1 global fintech podcast and radio show, began in 2013 and is hosted by media firm Provoke.fm. It also examines how community banks are different than other types of financial institutions, along with strategies for optimal operations. keep me informed. Whitepaper. Asset/Liability.

Community 195
article thumbnail

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). Texas Capital Bancshares, Inc. In preparation for meetings, I frequently read 10k''s.

Strategy 100
article thumbnail

The State of Banking

Jeff For Banks

In 2013, there were 6,812 FDIC-insured financial institutions. And capital ratios have held steady and strong. In fact, if you listen to some institutional investors, the industry is over-capitalized. And I have never heard a regulator say the phrase "over capitalized". Positive operating leverage!

Taxes 60
article thumbnail

Whatever Happened To…Kabbage

PYMNTS

I think it was a real advantage to us to start during an economic downturn,” says Kathryn Petralia, a co-founder and Head of Operations at Kabbage. “It which was added in 2013. “We Our focus has always been on user experience and for them to get capital in less than ten minutes.

article thumbnail

Why The Final Payday Lending Rules Are Far From The Last Word

PYMNTS

There should be vying for the consumer’s business under the same rules and regulations that non-depository providers operate under,” Fulmer noted in an interview with PYMNTS. Or, as Pew Charitable Trust pointed out, operating under clear and knowable regulations for all. The Long Walk Ahead. Unfortunately, they might have to wait.

Lending 109