South State Correspondent

JANUARY 18, 2023

However, in 2023, loan prepayment provisions will be essential tools for commercial banks. Loan prepayment provisions lower prepayment speeds (especially in a stable or declining interest rate environment) and drive higher return on assets (ROA) for banks. Prepayment penalties on loans always drive value.

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Banking Exchange

FEBRUARY 1, 2023

Research by S&P Global shows increased borrowing and declining credit conditions could push up costs substantially Community Banking Feature3 Feature The Economy Financial Research Financial Trends

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Independent Banker

DECEMBER 31, 2022

Stevens’ novel, The Lies About Truth , that captures our ethos heading into 2023: “If nothing changes, nothing changes. I believe 2023 will continue our industry’s forward momentum as our members position themselves to be the agents of change that find and champion new opportunities. You want change, make some.”

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Independent Banker

JUNE 26, 2022

Be recognized as one of community banking’s best employers. ICBA Independent Banker ‘s Best Community Banks to Work For award is your chance to show job hunters and current staff why your community bank is an unbeatable place to build a career. Click to nominate your bank. Leadership.

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Independent Banker

DECEMBER 31, 2022

While the pace of bank regulatory changes has diminished from a few years ago, several issues will either become effective or likely develop in 2023. Community banks must continue to stay focused on regulatory discussions and remain nimble to respond to proposals and address requirements quickly and accurately.

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South State Correspondent

JANUARY 22, 2023

In a previous article ( here ), we discussed why commercial loan prepayment protection would be a critical return on asset (ROA) driver for community banks in 2023. We outlined the four main reasons why prepayment provisions increase profitability for banks.

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South State Correspondent

JANUARY 4, 2023

A potential economic slowdown, slower rate rises, an inverted yield curve, and deposit stress likely make 2023 a trying year compared to 2022. Banks will need to balance these short-term challenges with longer-term strategic goals. Financial pressure will be greater, and bank margins will be higher.

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South State Correspondent

MARCH 30, 2023

Top 20 Deposit-Rich Industries Using the data we have, we looked at some major industries that have above-average balances that community banks have had success with in the past. The post The Top 20 Deposit-Rich Industries for 2023 appeared first on SouthState Correspondent Division.

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American Banker

DECEMBER 12, 2023

The top five community banks averaged a return on average equity of 75.37% as of June 30, 2023.

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Independent Banker

FEBRUARY 28, 2023

As community banks navigate this process, there are plenty of resources available to answer questions and provide guidance. Three sources of information on FedNow As community banks look to take advantage of this new opportunity, they seek resources to help them navigate the journey.

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Resources Community Bank Community Texas 115

Independent Banker

AUGUST 31, 2021

of digital banking customers said they switched to digital banking because of the pandemic. Source: 2021 Provident Bank survey. These days, there’s a lot to contend with as a community bank, from changing consumer behaviors due to the pandemic to uncertainty surrounding the economy and inflation. Quick stat.

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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. in 2023 and slightly higher in 2024.

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Independent Banker

DECEMBER 31, 2022

We recently spoke with community bank CEOs from across the country to gain insights on how they’re proactively positioning to manage risks and take advantage of growth opportunities in the coming year. Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023.

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Abrigo

NOVEMBER 9, 2022

Financial institutions work to meet Q1 2023 CECL deadline A CECL implementation survey by Abrigo found progress by financial instittuions is mixed ahead of the upcoming deadline. . Takeaway 1 10% of banks and credit unions have completed CECL adoption, according to Abrigo's CECL implementation survey. Conclusion. Learn More.

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Gonzobanker

FEBRUARY 8, 2023

Fintech startups looking for funding in 2023 are finding that it isn’t as easy as it was a few years ago. Community Banks as Venture Capitalists In fact, not all providers of venture capital are venture capitalists. Increasingly, banks are filling the void created by VCs. billion in capital into fintech startups in 2023.

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Community Bank Community Fintech Leadership 107

South State Correspondent

OCTOBER 26, 2023

There is a rash of bank consent orders that either were just made public or are about to become public that everyone is talking about and have noticeably put a damper on community banks’ enthusiasm for BaaS. Given that the SEC is not far behind, environmental reporting was also common cocktail party content.

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American Banker

AUGUST 1, 2023

The top five community banks have more than $1.2 billion in combined farm loan portfolios as of March 31, 2023.

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American Banker

JULY 31, 2023

The top five community banks have more than $670 million in combined home equity loan portfolios as of March 31, 2023.

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Community Bank Community Industry 69

American Banker

JULY 18, 2023

The top five community banks have more than $1.8 billion in combined commercial and industrial loans as of March 31, 2023.

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Community Bank Community Industry 69

South State Correspondent

JUNE 13, 2023

Conclusion We have always been keen on outlining practices that lead to higher performance for community banks. Implementing some of these loan pricing and structuring best practices can be politically sensitive, but better-informed bankers lead to higher-performing banks.

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Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers. So how are retail banks meeting this challenge?

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Independent Banker

JANUARY 31, 2023

Illustration by Maïté Franchi With educational sessions on hot‑button issues, inspirational speakers and beneficial networking opportunities, ICBA LIVE is the greatest community banking event in the country. Everyone leaves the event with new information in hand to put into action back at their bank.” New connections.

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Honolulu Community Community Bank Leadership 91

ABA Community Banking

MARCH 21, 2024

Agricultural loan demand increased in 2023 and agricultural lending by U.S. farm banks grew 6.7% billion, according to ABA's annual Farm Bank Performance Report. The post ABA: Farm bank lending increased to $110 billion in 2023 appeared first on ABA Banking Journal.

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Lending Report Community Bank Community 52

Abrigo

DECEMBER 22, 2023

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. 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.

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Lending Risk Management Community Management 221

ABA Community Banking

MARCH 7, 2024

The banking industry reported full-year 2023 net income of $256.9 billion, down $6 billion, or 2.3%, from the prior year, but still well above the pre-pandemic average, according to the FDIC’s most recent Quarterly Banking Profile.

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Industry Report FDIC Community Bank 52

Independent Banker

DECEMBER 31, 2022

I’ve always been a glass-half-full guy, and though 2023 is expected to be a challenging economic year, it also brings opportunity. We simply need to remember what makes us special as community bankers, and with that as our foundation, we can embrace this season of change in four primary ways: 1. Priorities for a successful 2023.

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Community Bank Community Hawaii Washington 218

Banking Exchange

JANUARY 16, 2023

Merchants & Marine Bank and City National Bank have launched separate initiatives to support small businesses and local communities Community Banking Feature3 Feature Small Business Customers People Consumer Compliance

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Community Bank Community Compliance National 136

American Banker

NOVEMBER 13, 2023

Small Business Administration lending is an arena where community banks and nonbanks compete favorably with some of the largest U.S. financial institutions. Here are the biggest SBA 7(a) lenders based on the value of approved loans.

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Community Bank Lending Community 74

American Banker

DECEMBER 18, 2023

The top five community banks averaged a return on average assets of 7.14% as of June 30, 2023.

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Community Bank Community 36

American Banker

JULY 19, 2023

The top five community banks have more than $2.7 billion in combined first mortgage loans as of March 31, 2023.

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Community Bank Community Industry 36

Cisco

JANUARY 10, 2023

Whether a community bank or a credit union, regional insurer, or multi-national financial institution, cross-functional engagement with champions, key influencers and ultimate decision-makers also helps to eliminate silos inherent in the financial services industry. Accelerated Digital Transformation Framework.

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Digital Strategies Strategy America Innovation 174

South State Correspondent

AUGUST 21, 2023

Earlier this month, on August 7, 2023, Moody’s Investor Services (“Moody’s”) published a banking sector review. That publication was referenced in the media as a US bank rating action, with a downgrade to ten larger banks (and a negative outlook to 11 other larger banks).

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Community Bank Community Capital Analysis 195

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. Short-term rates are also likely to continue to climb through 2023. Banks that have avoided, or can reduce, their holdings of riskier assets as much as possible will outperform.

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South State Correspondent

JULY 30, 2023

How should community banks target and compare their ROE to the industry and their peer group, and what defines a top-performing bank? Most importantly, is there an ROE level ensuring a bank remains long-term independent and healthy? Bank ROE Historical Performance Total assets for all FDIC-insured institutions was $23.7T

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Community Bank Community Capital Policies 195

ABA Community Banking

DECEMBER 20, 2022

What's on the banking industry's policy radar for 2023? The post Podcast: What’s on banks’ policy agenda for 2023? appeared first on ABA Banking Journal. ABA's Government Relations Council recently met in Washington, D.C.,

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Independent Banker

OCTOBER 31, 2022

A convergence of economic and marketplace factors presents community banks with new opportunities for innovation and growth as they look to the new year. For community banks that have yet to start evaluating digital solutions and providers, now is the time to act. Illustration by Alex/Adobe. By Charles Potts, ICBA.

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Fintech Kansas City Community Bank Community 126

CFPB Monitor

SEPTEMBER 14, 2023

In July 2023, the Federal Reserve launched FedNow, its instant payments system. After reviewing what FedNow is (and is not), we discuss FedNow’s design features and pricing schedule, the obstacles that currently exist for usage of FedNow by community banks, and what changes can be made to increase FedNow usage by community banks.

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System Community Bank Community Payments 78