South State Correspondent

NOVEMBER 7, 2022

The AOCI is an accounting adjustment meant to reflect the economic value of assets and is the process of “marking loans to market.” In this article, we explore what signals marking your loans to market might send. However, the public markets were another story. However, community banks hold approximately 23.5%

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Independent Banker

FEBRUARY 1, 2022

This year, an overwhelming amount of industry and media attention has been focused on sky-high neobank valuations, big tech’s continued foray into banking, and emerging finance trends, like buy-now-pay-later and the growing cryptocurrency market. Community FIs are critical to maintaining competition and equity in the U.S.

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South State Correspondent

APRIL 9, 2024

We estimate that the average contractual loan commitment for term credit at community banks has decreased from just under five years in 2022 to just under three years currently. Community banks should carefully consider the prudence of such a strategy from both a risk and revenue perspective. cuts through the end of the year.

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Independent Banker

JANUARY 31, 2022

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. Swashbuckling, nimble, well-funded and unapologetically entrepreneurial, fintechs are offering innovations that allow community bankers to dream big in a host of ways.

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Jeff For Banks

MARCH 21, 2024

In the markets, we watched helplessly as real GDP plummeted -5% in 1Q20 and -31% in 2Q20 before rebounding by +33% in 3Q20. The Fed and Inflation The Fed raised rates by 5.25% between March of 2022 and July of 2023 to try to crush inflation. M2 year-over-year growth continues its unprecedented decline that began in December, 2022.

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Jeff For Banks

DECEMBER 8, 2022

Financial Markets & Economic Update -Fourth Quarter 2022 What a year 2022 has been! We’ve seen tremendous market declines in both stocks and bonds, volatility, and a Federal Reserve who is raising interest rates at a breathtaking pace. Housing markets have suffered, with mortgage rates climbing up to 7.00%.

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Independent Banker

FEBRUARY 28, 2022

Kathy Strasser of IncredibleBank is evaluating marketing campaign management platforms. We asked several banking leaders how they’ve employed fintech to ramp up their marketing campaigns, hone their analytic strategies and gain new patrons in the process. Fintechs know how to reach and work with the community.

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Independent Banker

NOVEMBER 21, 2021

includes (from left): Christina Johantgen (head of marketing and creative), Joe York (head of product), Kelsey Cahill (summer associate), Jackie Charron (chief operating officer and executive vice president), Debbie Morin (chief financial officer), and CEO Charley Cummings. The team at Walden Mutual, a planned de novo in Concord, N.H.,

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South State Correspondent

SEPTEMBER 25, 2023

On September 20, 2023, the Federal Open Market Committee (FOMC) left its benchmark rate unchanged, but it would be a mistake to conclude that the committee did not send a strong message about the projected path of future interest rates. The cost of funds for community banks and non-community banks is shown in the graph below.

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South State Correspondent

JULY 10, 2023

Next week’s article will consider the challenges and possible solutions for community banks to adopt loan hedging programs. The largest 20 banks in the country by asset size and their interest rate notional swap position at the end of 2022 are shown below. Of the largest 250 banks, 90% use interest rate hedges.

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South State Correspondent

NOVEMBER 29, 2023

Community banks are striving to increase loan yield and maintain their cost of funding (COF). Unfortunately, pressure on COF is expected to remain, and loans will reprice slower than expected as borrowers with below-market rates will wait until the last maturity day to refinance their credits.

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South State Correspondent

JUNE 21, 2022

This regime is now changing, and community banks need to position their lending and deposit portfolios for a period of monetary tightening. The market, however, expects a higher year-end Fed Funds rate at 3.65%. The market expects a 75bps increase in July, two more 50bps increases, and another 25bps increase in December 2022.

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Jeff For Banks

DECEMBER 16, 2022

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. As of or for the year-to-date September 30, 2022, the Company had $3.1 MetroCity Bankshares, Inc.

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FICO

FEBRUARY 21, 2023

Another full year is in the books As 2022 came to a close, the economic environment in the United States is teetering on the edge of a recession. Inflation is easing as funding rates have risen to 15-year highs, but the technology sector is beginning to lay off employees in masses – through 2022 low levels of unemployment kept the U.S.

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South State Correspondent

OCTOBER 23, 2022

The FOMC members revised their end-of-2022 Fed Funds target rate by 3.75% over nine months. Mar 2022 – Sep 2022. Application to Community Banks. In today’s lending market, borrowers start from historically low interest rates, making the DSCR deterioration much more likely. Mar 1988 – May 1989.

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ABA Community Banking

NOVEMBER 12, 2021

With bank M&A in 2021 catching up after a pandemic-induced pause, aggregate deal value in 2022 could near $60 billion, according to S&P Global Market Intelligence analyst Nathan Stovall. The post Podcast: The Bank M&A Outlook for 2022 appeared first on ABA Banking Journal.

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South State Correspondent

JANUARY 3, 2023

Despite reaching the highest profitability in over a decade in 2022, US banks overall trade at a discount to other sectors as measured by P/E or P/Book, and approximately 53% of US banks have earned less than their cost of equity over the last five years. Market segments – A bank is a compilation of its customers.

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Abrigo

DECEMBER 22, 2023

You might also like this resource, Abrigo's "2022 Loan Review Benchmark Survey Results." download NOW Takeaway 1 The most popular blog posts on the Abrigo site reflect many of the priorities community banks and credit unions had in 2023. Community lending software can help get you there.

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FICO

JUNE 7, 2022

Canada Bankcard Industry Benchmarking Trends: 2022 Q1 Update. Tue, 06/07/2022 - 15:00. Previously, these were published on the FICO Community, but going forward they will be published on the FICO.com blog. Previously, these were published on the FICO Community, but going forward they will be published on the FICO.com blog.

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Perficient

APRIL 13, 2022

It’s 2022, and it seems all the rage in media and digital asset news is surrounding non-fungible tokens (NFTs) and the Metaverse. And today, OpenSea, an NFT marketplace that launched in 2017 and completed a Series C funding round for $300 million in January 2022, is valued at $13.3 Let’s put that in context.

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Dallas blockchain Bitcoin Community 411

Jeff For Banks

NOVEMBER 3, 2023

Financial Markets & Economic Update - Fourth Quarter 2023 Summer Update On this warm October day, I am staring at my Bloomberg screen, still heartbroken over the Phillies Phailure. Inflation is still elevated, even while it slowly declines from 2022’s peaks. since March, 2022 to 104.6. But not in this market.

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FICO

AUGUST 16, 2022

US Bankcard Industry Benchmarking Trends: 2022 Q2 Update. Wed, 05/25/2022 - 03:43. Tue, 08/16/2022 - 15:30. FICO Community releases quarterly US Bankcard Industry Benchmarking trends. Consumer sentiment in the market continues to fluctuate as the macro environment remains mixed. Saxon Shirley. by Leanne Marshall.

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South State Correspondent

MAY 18, 2022

In two recent articles, we reviewed the banking industry’s deposit behavior with regard to cost of funding earning assets (COF) ( HERE ), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle ( HERE ). That 1.80% level is expected to be achieved in July 2022.

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Abrigo

FEBRUARY 23, 2023

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. How can community financial institution leaders manage their challenges and seize their opportunities at the same time?

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South State Correspondent

DECEMBER 13, 2023

Most market participants are focused on just one monetary policy tool available to the Fed – short-term, federal funds rates. However, in the middle of 2022, the Fed started shrinking its balance sheet in response to inflation running well above its long-run target. The Fed continues to shrink its balance sheet at $95B/mo.

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South State Correspondent

MARCH 13, 2023

On the liability side of SVB’s $173B in deposits at the end of 2022, approximately 97% were uninsured and above the $250k in FDIC protection threshold. at the end of 2022, with $2.4B The SVB Takeaway For Community Banks Community banks should continue to monitor their deposit base, liability sensitivities, and duration risks.

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Risk Management Management Community Bank Community 221

FICO

JUNE 16, 2022

US Bankcard Industry Benchmarking Trends: 2022 Q1 Update. Fri, 06/03/2022 - 12:48. Thu, 06/16/2022 - 15:00. FICO releases quarterly US Bankcard Industry Benchmarking trends, previously these were published on the FICO Community but going forward will be published on FICO.com blog. Looking for a different market?

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South State Correspondent

SEPTEMBER 29, 2022

The debt and equity markets reacted to the glaring disconnect in the Fed’s forecasts by selling off aggressively. The graph below shows the FOMC member’s projected target Fed Funds rates from the September and March 2022 meetings. The graph below shows the members projected core PCE rates from 2022 to 2025. Feds Projections.

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Policies Community Bank Community Marketing 195

Independent Banker

APRIL 30, 2022

Loan providers share an infectious enthusiasm and growing optimism for one vertical’s prospects in 2022: commercial lending. Here’s how community bankers can take advantage of various sectors—including SBA lending—over the next 12 months. anticipates a low double-digit increase in its commercial lending in 2022. Quick Stat.

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Independent Banker

NOVEMBER 30, 2022

In 2022, ICBA’s award-winning ThinkTECH Accelerator program reached more community banks with innovative solutions and partnerships than ever before. For ICBA and our community bank members, 2022 was a year full of potential. In step with community bankers. Illustration by Jess Rodriguez/Adobe.

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Ublocal

APRIL 6, 2023

Union Bank’s Contributions to Combating Food Insecurity At Union Bank, we recognize that food insecurity exists in and affects every community, and we make it a priority to work one-on-one with many area organizations in an effort to reduce the impact of food insecurity and increase our residents’ access to fresh, healthy food.

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Independent Banker

JANUARY 31, 2022

ICBA has a growing network of people and resources community banks can tap into as they continue their innovation journeys. The ThinkTECH Accelerator is one of several initiatives underway this year to foster community bank-enabled fintech partnerships. By Charles Potts, ICBA.

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FICO

AUGUST 3, 2022

Fraud Ideas from FICO World 2022 – and Excitement for 2023! FICO World 2022 was an excellent event with a stellar fraud protection and compliance track - here's some of what we learned. Wed, 08/03/2022 - 12:40. There is definitely more to learn from FICO World 2022 as you enjoy the rest of the summer. by TJ Horan.

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South State Correspondent

SEPTEMBER 12, 2022

However, as of Q2/22, the average community bank’s COF has risen only a few basis points. Community banks should be concerned about their COF because looking at current deposit conditions is like driving a car while looking at the rearview mirror. Community banks will feel the effects of these hikes over the next few quarters.

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Independent Banker

FEBRUARY 28, 2022

What this has to do with community bank investment management may not be readily apparent. In March of that year, while thousands were attending ICBA LIVE in Orlando, the financial markets went into a frenzy. Belly of the curve matters to community banks. In fact, the tone is about to improve. There are really two reasons.

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Community Bank Community Memphis Security 91

Abrigo

JULY 13, 2023

billion in fraud losses in 2022. billion in 2022, a 127% increase from $1.45 billion loss in 2022. Many victims are lonely or isolated and don’t understand cryptocurrency markets. Educate customers and members: Provide educational opportunities for your community so they know when to say “no” to investment scams.

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Independent Banker

FEBRUARY 28, 2022

The question is whether financial institutions will feel the positive impact of the current indicators or if uncertainty and volatility in the mortgage market will prevail. As we look into 2022, expert opinions on the direction of interest rates are mixed. What it means for community banks is clear. While the U.S.

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