Remove 2019 Remove Capital Remove Community Bank Remove Risk Management
article thumbnail

The 2019 GonzoBanker Awards

Gonzobanker

GonzoBankers, 2019 was a year of extremes. Third, read and enjoy the 2019 edition of the GonzoBanker Awards, our 18 th. THE BANKING AWARDS. Charles Scharf, CEO, Wells Fargo – We have to give a nod to the individual tapped to restore the reputation and culture of such a legendary bank. Bank Merger of the Year.

Idaho 148
article thumbnail

Bank IT Spending – Use These Metrics to Improve Performance

South State Correspondent

IT is spending as a percentage of revenue compared to years past, like 2019, when banks did not invest enough in IT, and 2020, when banks had to spend more than revenue growth allowed because of the pandemic. Bank IT Spending as a Percent of Revenue Our favorite go-to metric is to benchmark IT spending against total revenue.

Capital 195
Insiders

Sign Up for our Newsletter

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

article thumbnail

2020 CRE Outlook: Trends Expected to Shape Commercial Real Estate Lending

Abrigo

After retailers closed 10,800 stores in 2019, they have already announced new waves of closings as some – not all – retailers pay for their over-expansion or adjust to changes in the way customers shop, the newspaper said. “Retailers like Pier 1, Papyrus and Express are closing 1,000 stores. Watching for CRE red flags.

Lending 195
article thumbnail

Budget Surplus? 5 Ways to Invest in Your Financial Institution with This Year’s Excess Budget

Abrigo

Indeed, deposit levels to transaction accounts among community banks exploded 74% to $896.5 31, 2019, and June 3, 2021, according to the Community Banking in the 21st Century report. But this year, only 15% described core deposit growth as a “very important” risk. Credit Risk Management.

article thumbnail

How CFIs Can Remain Relationship-Focused in a Digital World

Abrigo

Community financial institutions must strike the right balance between digitalization and personal service. Capitalizing on PPP innovations for a better experience. Lending & Credit Risk. Credit Risk Management. Lending & Credit Risk. This is fairly new territory to many institutions, however.

Lending 259
article thumbnail

How CFIs Can Remain Relationship-Focused in a Digital World

Abrigo

Community financial institutions must strike the right balance between digitalization and personal service. Capitalizing on PPP innovations for a better experience. Lending & Credit Risk. Credit Risk Management. Lending & Credit Risk. This is fairly new territory to many institutions, however.

Lending 195
article thumbnail

Formula for Business Lending Success: Minimize Delays

Abrigo

They are routinely experiencing processes that add costs, delay turnaround times, and can lead to inconsistency in pricing and risk management. Many community bankers expect a recession will start by at least mid-2021, according to the most recent Community Bank Sentiment Index. 21, 2019 – Jan.

Lending 243