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Community banks are thriving in Texas

Independent Banker

Ken Finley, president of Johnson City Bank, in downtown Johnson City with Shannon Sultemeier, executive vice president (left); and Brenda Haynes, vice president/cashier (right). Here’s how four community banks are thriving in this environment. billion to the state’s GDP in 2019, according to state records.

Texas 182
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Use Our ERC Assist Program to Raise Deposits

South State Correspondent

The need for a known, reliable brand creates an excellent opportunity for community banks to help small business customers while building deposit balances. ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. In 2020, the U.S.

Taxes 195
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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Takeaway 2 Several small business lending processes can tax both borrowers and staff. Role of business loans The market and impact of small business lending Small business lending is a large and growing market, and many banks and credit unions want more of it. trillion between 2019 and 2022. The market surged to as high as $2.4

Lending 244
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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Takeaway 2 Several small business lending processes can tax both borrowers and staff. Role of business loans The market and impact of small business lending Small business lending is a large and growing market, and many banks and credit unions want more of it. trillion between 2019 and 2022. The market surged to as high as $2.4

Lending 195
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Aaron Stetter: Back to Capitol Hill

Independent Banker

The ICBA Capital Summit is the premier event for community bankers looking to advocate for their industry. In person for the first time since 2019, the ICBA Capital Summit in Washington, D.C., Community bankers, pack your bags for Washington, D.C. Community bankers, pack your bags for Washington, D.C. and many more.

Community 180
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Top CECL Questions Answered

Abrigo

Strategies to lessen the impact of CECL on smaller community banks. Hal Schroeder, a Financial Accounting Standards Board (FASB) board member, led a presentation, “Roadmap to the Future: Fact vs. Fiction (on CECL and Other FASB Standards),” at the 2019 ThinkBIG conference in September. This brings us to cost-benefit. Learn More.

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Mr. Bank Investor, I Have Two Questions

Jeff For Banks

Prior to starting Mendon he worked for Tucker Anthony Capital Markets working in the banking sector, and before that worked in Structured Derivates at Chase Manhattan. Mark was a senior financial analyst at Wellington since 1994 and a partner from 1996 until his 2019 retirement. Mark Lynch, Retired Partner, Wellington Management.