South State Correspondent

APRIL 23, 2023

Fair Value versus Amortized Cost The amortized cost of assets is the accounting treatment applied to securities known as held-to-maturity, or HTM. In the case of SVB, the bank’s HTM securities portfolio was $91.3Bn at the end of 2022, and the bank did not need to provide the fair value of these securities on its balance sheet.

Management 195

Management Security Risk Management social media 195

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?

Community Bank 195

Community Bank Kansas City Community Lending 195

Independent Banker

FEBRUARY 28, 2023

By Jim Reber, ICBA Securities As many community bankers are still picking up the pieces from their bond portfolio’s meltdown last year, it occurs to me that the breathtaking rise in rates has created at least one byproduct that is both unusual in frequency and tangibly beneficial for future performance. on issue date each month.

Community Bank 91

Community Bank Memphis Community Security 91

Independent Banker

JULY 31, 2022

The financial press, economic commentators and social media sites have used a collection of terms this year that convey a certain image of market values for investment securities: “Plummet.” Community bankers have come to grips with the notion of their bond portfolios being, ahem, “submerged” in a number of ways. Underwater.”

Memphis 103

Memphis Community Security Community Bank 103

Independent Banker

FEBRUARY 28, 2022

By Jim Reber, ICBA Securities. 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. Photo by Gleitfrosch/iStock.

Community Bank 91

Community Bank Community Memphis Security 91

Ublocal

APRIL 6, 2023

Some local issues affecting food security include: Gaps in Assistance: Public assistance often doesn’t cover all food-related needs, especially in our region. Health Issues and Disabilities: Nearly 20% of households with a member who was not in the labor force due to disability had very low food security.

New Hampshire 52

New Hampshire Vermont Community Regional 52

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.

Lending 158

Lending Community St. Louis Community Bank 158

Abrigo

MARCH 8, 2024

In 2023, reported fraud losses surged to over $10 billion, a 14% increase from 2022, despite a similar number of cases being reported at 2.6 Fraudsters use the same sales and marketing techniques as legitimate businesses to research and target their victims. Create and follow your internal processes for communications and security.

Fraud 195

Fraud Technology Trends Training 195

Independent Banker

NOVEMBER 30, 2021

Here’s another conversation with our consummate community banker. By Jim Reber, ICBA Securities. Hi Jim, this is Charlie Brown with Community Trust Bank. How are things at the community bank?”. “I Most community bankers I know don’t like to admit defeat. This is Jim Reber.”. “Hi Do you have a minute?”. “I

Community 126

Community Community Bank Taxes Security 126

Independent Banker

DECEMBER 31, 2022

Here’s how community banks can enhance their payments offerings. CB Insights revealed that Q3 2022 fintech investments in payments continue to dominate financial services, with early-stage deals reaching a record high even as overall funding begins to cool. Photo by Juan Moyano/Stocksy. By Colleen Morrison. Quick Stat. Source: EY.

Trends 140

Trends Payments Community Bank Texas 140

South State Correspondent

APRIL 30, 2022

Based on the futures market, the Federal Reserve is expected to raise the Fed Funds rate to 3.00% at its December 2022 meeting. In this article, we analyze the industry’s cost of funding earning assets (COF) and track how community banks’ COF behaves relative to larger banks. Future Short-term Rates.

Community Bank 195

Community Bank Strategy Community FDIC 195

CFPB Monitor

JULY 19, 2022

On July 13, 2022, the House Committee on Oversight and Reform, Subcommittee on National Security held a hearing entitled “Protecting Military Servicemembers and Veterans from Financial Scams and Fraud.” A recording of the hearing is available here. .

Fraud 78

Fraud National Security social media 78

Bobsguide

JULY 21, 2022

Montréal, July 19, 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, is expanding its presence in Canada with new facilities in Montréal to boost its North American operations and drive its international growth. About TS Imagine.

Operations 97

Operations America Software Risk Management 97

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert. Bob Hickok.

Data 91

Data How To Community Bank California 91

Abrigo

MAY 5, 2022

Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S. or largely focused on the domestic banking market. Main Street Banking: A Podcast for Community Bankers 8. So here’s your head start on finding some banking podcasts that might work for you.

Community 195

Community Lending Maine Resources 195

Abrigo

APRIL 25, 2024

Recent data and trends of the small business lending market SMB Lending Insights is a snapshot of current financial trends and metrics that impact small and medium-sized business (SMB) lending and financial institutions. Win more small business deals and grow market share. The average size of loans examined here was $637,000.

Lending 221

Lending Trends Capital Strategy 221

Jeff For Banks

FEBRUARY 1, 2024

The Fed began tightening at its March 17, 2022 meeting with a 25 basis points increase in the Fed Funds Rate and ended July 26, 2023. The liquidity ratio calculation: (Cash & Due + Securities + Fed Funds Sold & Repos - Pledged Securities) / Total Liabilities And look how the liquidity ratios tumbled.

Security 108

Security Strategy Management Community 108

Independent Banker

OCTOBER 1, 2022

College-bound high school students in Massachusetts were asked to complete essays about the intrinsic value of community banks for a chance to win a scholarship from North Easton Savings Bank. They help a community to work towards a common goal of bettering everyone’s lives, which is a quality many larger banks lack.”. “We

Community Bank 91

Community Bank Community Minnesota Massachusetts 91

Bobsguide

MAY 11, 2022

London, UK – May 4, 2022 – Today Finastra announces the launch of Finastra Managed Services (FMS) on Amazon Web Services (AWS) to enable banks and financial institutions to access FMS in the AWS cloud. FMS being available in the AWS cloud has already demonstrated its benefits, helping a large multi-national U.S. About Finastra.

Management 113

Management Software Innovation Strategy 113

PYMNTS

JANUARY 13, 2021

Because while Visa still has work to do — particularly when it comes to security and cleaning up the digital backend for SMBs — it has found that SMBs that have embraced the digital shift to expand their efforts have in the process discovered a business model that can move from “survive” to “thrive.”.

Tools 215

Tools Data Meeting Maine 215

Bobsguide

APRIL 27, 2022

London, UK – April 27, 2022 – Finastra announced today that Orange Bank in France has selected Finastra’s corporate treasury management solution, Fusion KTP in the cloud. The move will enable the bank to harness a fully integrated treasury management platform and gain faster access to innovation and time to market. About Finastra.

Management 113

Management Innovation Operations Strategy 113

South State Correspondent

JULY 5, 2022

Loans below 1.50X starting DSCR cannot withstand the current market expected rise in interest rates if cash flow decreases by just 10%. As a reference, the market expects short-term rates to increase by another 1.77% for the rest of 2022. A loan starting at 1.20X DSCR dips below 1.0X

Management 195

Management Capital US Community Bank 195

PYMNTS

NOVEMBER 19, 2020

A separate October report found that while churn is expected to almost double in the financial sector by 2022, CUs are expected to go against this trend because they offer lower fees and better terms for products than do many of their competitors. This does not mean that CUs can simply rest on their laurels, however.

Alabama 228

Alabama Meeting Fraud Trends 228

Bobsguide

MARCH 24, 2022

London, UK, March 24, 2022 – Finastra today announced that its Collateral Management as a Service app – powered by CloudMargin and available through Finastra’s FusionFabric.cloud platform ¬– now incorporates new capabilities to help financial institutions meet the requirements for Uncleared Margin Rules (UMR). About Finastra.

Compliance 60

Compliance Management Regulation Software 60

Abrigo

JUNE 5, 2023

the Community Bank Leverage Ratio (CBLR) and the minimum Tier 1 leverage ratio). In the case of Silicon Valley Bank, the bank needed liquidity fast due to significant depositor withdrawals and had to liquidate its securities portfolio. the movement of money out of money market funds to CDs versus new deposit money coming in).

Report 195

Report Risk Management Capital Data 195

Bobsguide

APRIL 13, 2022

Dubai, UAE – April 13, 2022 – Finastra today announced that Banque Misr, the second largest national bank in Egypt with international presence, has selected Fusion Trade Innovation and Fusion Corporate Channels to digitalize its trade finance services and provide a premium user experience. About Finastra.

Regional 113

Regional Innovation User Experience Software 113

Abrigo

APRIL 26, 2022

The Financial Crimes Enforcement Network ( FinCEN ) has profiled this global issue by naming corruption one of the eight national security priorities. Securities and Exchange Commission launched investigations into political corruption and started legislative efforts to thwart such acts. Even at the community level, U.S.

Training 195

Training Regulation System National 195

Jeff For Banks

FEBRUARY 26, 2023

And at AOBA, Laura Hamilton of OTC Markets Group, Inc., and Ciaran McMullan , former CEO of Suncrest Bank CA extolled the benefits of OTC listing, particularly OTCQX market listing in a session titled How to Maximize Your Stock as Currency. Suncrest sold in 2022 to CVB Financial Corp. and global companies.

Conference 78

Conference CA Arizona Case Study 78

Abrigo

MARCH 15, 2022

Not surprisingly, then, digital/online account opening solutions for consumers and digital account opening solutions for commercial or small business firms are among the top types of new systems banks are looking to select or replace in 2022, according to Cornerstone Advisors. The commercial and business banking market lost $3.3

Online 195

Online Lending Survey Digital Banking 195

FICO

DECEMBER 5, 2022

Mon, 12/05/2022 - 15:10. Financial Institutions, such as banks, have expended great effort to improve digital security, yet bad actors are multiplying and attacks have increased in scope and frequency. A report released by the FTC in February 2022 indicates a 71% increase in fraud in 2021, which cost consumers roughly $5.8

Survey 52

Survey Fraud Digital Banking social media 52

Bobsguide

MARCH 28, 2022

Dubai, UAE, London, UK, New York, US – March 28, 2022 – Finastra today published a market assessment report: ‘Banking as a Service: Outlook 2022 | Paving the way for Embedded Finance’. Key findings include: • More than 80% of regulated financial services providers expect the overall BaaS market to grow.

Innovation 60

Innovation Lending social media Retail 60

Abrigo

MAY 22, 2024

Recent stats and dynamics of the small business lending market Understanding the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. Dynamic market Small business lending by banks & credit unions Small businesses are a pillar of the U.S. trillion between 2019 and 2022.

Lending 195

Lending St. Louis Community Marketing 195

Gonzobanker

DECEMBER 1, 2022

However, the Federal Reserve Bank of San Francisco’s 2022 Diary of Consumer Payment Choice found that 20% of all payments were conducted using cash. While the bank gives up day-to-day management responsibilities, it maintains complete control of channel strategy, decision making, and marketing. Let’s Add One More as-a-Service.

ATM 154

ATM Resources Management Capital 154

Jeff For Banks

JUNE 2, 2023

between 2015 and 2022. Between 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 800%, only to fall 740% from its peak by October 2002, giving up all its gains during the bubble. And quite frankly, I did not know there were so many tranches to mortgage-backed securities. banks failed a year.

FDIC 78

FDIC Community Bank Regulation Lending 78

Jeff For Banks

FEBRUARY 4, 2023

The labor market has also improved, with unemployment declining and job growth picking up. My take : I could envision a bank analyst saying the same thing on CNBC at the beginning of 2022. Assistance in cyber security measures, such as "Describe the 2021 Kaseya ransomware attack.";

United States 78

United States US Cyber Security Taxes 78

Gonzobanker

JULY 20, 2022

financial institution executives surveyed for What’s Going On In Banking 2022 , 19% of community banks and 10% of credit unions had not launched a digital transformation strategy prior to this year, and another 15% had no plans to do so. Among 300 U.S. The digital product manager must live by the mantra, “God is in the details.”.

Digital Strategies 173

Digital Strategies Strategy Leadership Customer Experience 173

Abrigo

APRIL 22, 2024

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. Dynamic market Small business lending by banks & credit unions Small businesses are a pillar of the U.S. trillion between 2019 and 2022.

Lending 243

Lending St. Louis Community Marketing 243