South State Correspondent

MAY 7, 2024

On April 26, 2024, Republic First Bank (DBA Republic Bank) was seized by state regulators and the long running bank drama came to an end. This first bank failure in 2024 is reported to cost the Deposit Insurance Fund $667mm. A slew of articles have been published explaining the reason for this bank’s failure.

Risk Management 195

Risk Management Security Management Groups 195

Abrigo

FEBRUARY 14, 2024

You might also like this podcast, "How to sleep easier at night about your capital and risk levels." In AGC’s 2024 outlook report , 64% of contractors named rising interest rates and financing costs as one of their biggest concerns. Stay up to date with CRE advice.

Risk Management 195

Risk Management Management Lending Capital 195

American Banker

MARCH 1, 2024

In this month's roundup of top banking news: The potential impact of Capital One's purchase of Discover, Citi's use of generative AI for its developers, the downfall of Heartland Tri-State Bank and more.

Capital 72

Capital Industry Compliance Regulation 72

South State Correspondent

JANUARY 16, 2024

Barings Bank, Orange County (CA), Enron, Long-Term Capital Management, and other entities misused derivatives or didn’t understand the difference between hedging and speculating. Bloomberg recently announced that it will shut down its BSBY index on November 15, 2024. The reason for the cessation of BSBY is simple – lack of use.

Community Bank 195

Community Bank Community Compliance CA 195

South State Correspondent

APRIL 30, 2024

Community banks’ main goals are to diligently support their local communities and make an acceptable return on capital in these challenging times. Loan-level hedging has become an important tool that many community banks have started to adopt in 2024. This capital ratio is used to assess the possible riskiness of a hedge provider.

Community Bank 195

Community Bank FDIC Community National 195

South State Correspondent

APRIL 30, 2024

Community banks’ main goals are to diligently support their local communities and make an acceptable return on capital in these challenging times. Loan-level hedging has become an important tool that many community banks have started to adopt in 2024. This capital ratio is used to assess the possible riskiness of a hedge provider.

Community Bank 195

Community Bank FDIC Community National 195

Abrigo

FEBRUARY 16, 2024

Takeaway 3 Credit analysts need training to understand the working capital cycle, look for hidden risks, and be aware of accounting changes. Kirby also recommends identifying the concentrations in your loan portfolio so regulators can see that you are planning for the future of whatever industries your financial institution specializes in.

Training 195

Training Risk Management Analysis Policies 195

PYMNTS

FEBRUARY 26, 2020

The bank, which had a plan to rapidly expand its branches and lend heavily in the mortgage realm, was forced to curtail those objectives when it was revealed that it was miscategorizing some loans when figuring capital requirements. After the error was revealed, the bank was forced to raise $484 million in new shares.

Metro 187

Metro Report Lending Regulation 187

Gonzobanker

MARCH 21, 2024

Of small business owners who applied for a business loan in early 2023, 6 in 10 found it difficult to find affordable financing, and overall, 77% are concerned about their access to capital according to a survey from Goldman Sachs. The problem is even worse in 2024. If you’re willing to borrow at predatory rates, you can get capital.

Lending 78

Lending How To Capital Data 78

Abrigo

OCTOBER 14, 2022

You might also like this whitepaper, "Stress Testing: Managing Capital Levels and Credit Risk." Takeaway 3 Utilize regulatory guidance to understand regulators' expectations, which are likely to include consistent stress testing. Read the whitepaper, "Stress Testing: Managing Capital Levels and Credit Risk.". keep me informed.

Risk Management 195

Risk Management Management Policies Lending 195

South State Correspondent

JANUARY 3, 2024

This book will be needed by bank CEOs in 2024. This work offers bankers a set of rules for successfully capitalizing on innovation and a guide of when bankers should innovate and when not. The authors provide a history and context for modern regulation and a resource for future reference.

Leadership 370

Leadership Management Strategy How To 370

Gonzobanker

FEBRUARY 1, 2023

An Expanding Regulatory Perimeter With the collapse of crypto and FTX serving as this generation’s Enron, discussions abounded that the reach of traditional regulators will expand into the fintech, shadow banking, and decentralized finance worlds. Bankers and Techies Joined at the Hip There was a special vibe at this year’s AOBA.

Arizona 145

Arizona Kansas City Industry Phoenix 145

Abrigo

APRIL 26, 2023

1, 2020, its capital would be lower, and it would have higher interest income than if it had done the deal Jan. The change will bring capital back to the balance sheet more quickly by eliminating the “double count” that occurs under current CECL accounting. For example, if a company did a deal on Dec.

Examples 195

Examples Capital Company Tools 195

Gonzobanker

DECEMBER 14, 2023

Expect more deals to be announced in 2024. Anyone who follows the industry knows this focused institution led by Findlay is all about executing the timeless principles of capital management, credit quality, efficiency and customer service. The laser eyes are shining brighter going into 2024. and Summit Financial Group, Inc.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

AUGUST 14, 2019

In fact, cross-border payments are expected to reach $240 billion in value by 2024. Companies separated across borders want payments to be delivered on time so they can meet their payment deadlines, access capital and deliver products in a timely fashion. Deep Dive: The Road to Real-Time Payments.

Fintech 168

Fintech Payments Cards Regional 168

Independent Banker

NOVEMBER 30, 2021

Between the [Trump] administration and Congress and the regulators, they did a terrific job of allowing banks to work with their borrowers,” says Jeff W. Another option would be to do a separate loan to amortize those deferred payments, which again would be dependent on regulators, he adds. Dick, chairman and CEO of $1.7

Community Bank 209

Community Bank Community Texas Dallas 209

CFPB Monitor

JUNE 25, 2020

On May 20, 2020, the OCC issued a final rule to “strengthen and modernize” its existing Community Reinvestment Act (“CRA”) regulations. Small and intermediate banks must comply with the rule by January 1, 2024. This is the second in a series of five blog posts about the final rule.

Community 97

Community Lending Meeting Retail 97

The Financial Brand

DECEMBER 31, 2023

This article Banking 2030, Part 1: The New Realities of Banking appeared first on The Financial Brand. Special Report: The first of a four-part series on the long-term future of the banking industry, looking past current challenges to future growth.

Branding 37

Branding Industry Report Banking Trends 37