South State Correspondent

JUNE 30, 2023

Many banks pride themselves on superior customer service, and approximately 90% of all community banks believe that they provide an above-average level of customer service (the math cannot work that way). The graph below shows the industry ROE and ROA from 1984 to 2021.

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Resources Community Bank Capital Community 195

Banking Exchange

JANUARY 10, 2022

2021 saw several US banks announce new transactions despite simmering regulatory pressure Compliance Management Feature M&A Feature3 Compliance/Regulatory Compliance Management Community Banking.

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US Regional Compliance Community Bank 60

South State Correspondent

MAY 9, 2022

In our previous article ( HERE ), we reviewed the banking industry’s cost of funding earning assets (COF), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle. percentage points to 67.52% from the end of 2019 to the end of 2021. from 2019 to 2021.

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Community Bank Community Industry Online 195

South State Correspondent

APRIL 24, 2022

Banks have ceased using LIBOR to price assets and liabilities after 2021. However, some community banks are still deciding on the correct term lending index to adopt. Many banks are uncertain that they have chosen the best term index for their products and markets. Considerations For Choosing A Term Lending Index.

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Lending Community Bank Community Marketing 195

Independent Banker

MARCH 31, 2022

Chris Vogt of the Wisconsin Badgers NCAA basketball team presents an anonymous donation to First Kentucky Bank officials. 10, 2021, was like any other day for the people of Mayfield, Ky., When outages affected the region, First Kentucky Bank used generators to restore ATM power so customers could access emergency cash.

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Kentucky Community Bank Community Wisconsin 163

South State Correspondent

AUGUST 8, 2022

Insights Based on 2Q Bank Earnings. Insight #1 – Deposit & Margin Management: Deposit runoff has started and will make it to community banks by October. For 2Q, larger community banks lost about 0.3% of their deposits, and small banks were either flat or continued to gain.

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Trends Community Bank Community Retail 195

Independent Banker

APRIL 30, 2022

Then, in July 2021, the Dixie Fire—one of the most destructive—destroyed homes and businesses, displacing residents from Plumas County and four others. The fire took many turns and created its own weather patterns,” says BJ North, executive vice president and chief banking officer of the $1.6 billion-asset community bank. “It

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Community Nevada California Community Bank 150

Independent Banker

MARCH 31, 2022

We asked community banks how they’re dealing with the resulting shifts in their employment models. Before remote work was an emergency measure to keep employees safe from a devastating virus, it was a perk some community banks offered to retain and attract talent. One bank that is not turning back. WesBanco, Inc.

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Missouri Community Bank Community Management 142

Independent Banker

JULY 31, 2022

Fallout from recent global events presents an obstacle to generating revenue for community banks. It’s certainly an interesting time to be a community bank, but there are still plenty of ways to make efficiencies with an eye on profitability. ? But one of the biggest problems in community banking today is a fear of risk.

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Strategy Community Bank Louisville Community 135

South State Correspondent

JANUARY 4, 2023

The answer is that because operating leverage and customer relevance are now so important, banks can no longer compete on rate and the abundance of credit. Many community banks have an inherent strategic advantage in bringing a new product to market faster than a national bank, yet they squander their position.

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Community Bank Capital Lending Training 195

Independent Banker

JULY 2, 2022

Sicard, who became president and CEO in 2011, says the half-million-dollar gift was made possible because of the lack of loan provisions due to PPP forgiveness, minimal past-due loans, the sale of a few bank assets, and their loyal customers and dedicated bankers. All in all, 2021 was a record year for profits. A lasting connection.

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Arkansas Community Community Bank National 91

Gonzobanker

MAY 17, 2022

For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. Cornerstone Advisors continues to sound the drum that bank executives have way too little visibility into the spend and target outcomes of their technology investments.

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Technology Regional Community Bank Community 135

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

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Gonzobanker

FEBRUARY 8, 2022

Maybe instead of Acquire or Be Acquired, this conference should be called Evolve or Be Acquired,” observed Eric Sprink, CEO of Coastal Community Bank in Everett, Wash., and a trailblazer in the world of banking as a service (BaaS). The difference could be seen in what alpha bankers bragged about. price/book multiple.

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Fintech Customer Experience Conference Technology 166

American Banker

JANUARY 27, 2021

Acquisitions of wealth management, insurance, fintech and other firms are expected to pick up as banks seek new sources of fee income and look to improve digital capabilities.

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Fintech Management Community Bank Regional 69

Gonzobanker

DECEMBER 19, 2022

In 2021, there were more than 120 fintech IPOs in the U.S., 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey.

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Community Fintech Industry Innovation 216

Jeff For Banks

MARCH 21, 2024

No one will forget the inflation that followed in 2021 to 2023, started first by supply chain issues, but then fueled by the Fed’s purchases and the obscene amount of cash handed out by the federal government. ISMs and regional Fed surveys have been mostly negative for months on end. M2 growth was out of control at over 20%.

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Marketing Policies Report Atlanta 145

South State Correspondent

MAY 31, 2023

What used to take $160 million in deposits to break even back in early 2021 now takes closer to $40 million. Despite that increase in profitability, banks need to be mindful of how they manage their branch and customer base to increase profitability further.

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Data Branch Strategies Strategy Mobile 195

Jeff For Banks

NOVEMBER 16, 2020

Projections for 2021 are at about +7.0% Our regional economy, covered by the Philadelphia Federal Reserve’s Third District, is doing well into the fourth quarter. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. year-over-year, respectively. GDP in the fourth quarter, followed by +4.0%

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Marketing National New York City Taxes 78