Jeff For Banks

MARCH 21, 2024

2024 could exceed -$2.0 DLJ 03/15/24 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis. Dorothy recently retired from Penn Community Bank where she worked since 2004.

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Marketing Policies Report Atlanta 148

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 ). A graph for SouthState Bank appears below.

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Community Bank Community Analysis Industry 195

South State Correspondent

NOVEMBER 29, 2023

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing. Many banks fall into the “recency trap.”

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Marketing Regional National Nashville 195

South State Correspondent

MARCH 21, 2023

The need for a known, reliable brand creates an excellent opportunity for community banks to help small business customers while building deposit balances. The ERC filing deadline is October 2024. As such, like PPP, this would be a limited product for any bank.

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Taxes Community Bank Community Operations 195

Independent Banker

FEBRUARY 28, 2022

percent through 2024—a number above the long-term growth rate of 2 percent–what should be of interest to lenders during this time is the direction of interest rates. What it means for community banks is clear. While the U.S. economic growth rate is predicted to settle upwards of 2.5 Following a ten-year high of just above 4.5

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Leadership Strategy Lending Community Bank 91

Independent Banker

FEBRUARY 28, 2022

What this has to do with community bank investment management may not be readily apparent. Belly of the curve matters to community banks. First, the average duration of a community bank bond portfolio is more than four years right now. In fact, the tone is about to improve. Education on Tap.

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Community Bank Community Memphis Security 91

PYMNTS

OCTOBER 6, 2020

This new software expands the user experience and expands digital capabilities of ATMs,” said Frank Hauck, president and general manager of NCR Corporation, in a statement. “In In the future of banking, we see the ATM becoming a dynamic, digital, self-service platform on which banks can deploy new services quickly.”.

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Digital Banking ATM Mobile Atlanta 256

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. Evolving risks.

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Compliance FDIC Community Bank Community 100

American Banker

FEBRUARY 21, 2024

The application deadline for this annual ranking is May 12.

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How To Community Bank Community Management 36

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.

Community Bank 91

Community Bank Community Tampa North Carolina 91

Jeff For Banks

APRIL 4, 2024

Although shadow banking mostly serves larger corporations, think money market funds buying commercial paper, bankers fear the trend will continue going downstream to more traditional community bank customers. There's better news for multi-family and warehouse lenders, as these sectors of CRE are doing just fine.

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Banking Trends Trends Millennials Oregon 119

PYMNTS

MARCH 9, 2020

TCH paid particular attention to community banks’ and credit unions’ abilities to connect with faster payment schemes. Another popular connection method relies on core banking system software providers, which integrate with payment rails and extend access to all FIs using their software.

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Strategy System Payments Resources 202

South State Correspondent

JANUARY 30, 2024

We recently conducted a small sample poll, and out of 21 banks, budgets were down an average of 14% for this year. In this article, we partner with Gartner to look at 2024 key IT metrics and provide strategic insight into how much your bank should be spending on IT. Usually, a bank spends about 8% of its revenue on IT.

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Capital Operations Customer Experience Comparison 195

Jeff For Banks

NOVEMBER 3, 2023

And looking ahead to the 2024 Presidential Election, they clearly would want to be on the sidelines. Jaworski 10/28/23 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis.

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Marketing Community Bank Policies Community 87

Abrigo

APRIL 22, 2024

The Fed’s latest Small Business Credit Survey , conducted in 2023 and released in 2024, found that nearly 60% of employer firms had sought financing in the previous 12 months. As a share of their total assets, community banks have more business loans below $1 million than larger banks, according to the St.

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Lending St. Louis Community Marketing 195

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. The market anticipates about $3 trillion in total balance sheet reduction by the end of 2024.

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Community Bank Community Industry Online 195

Jeff For Banks

MARCH 5, 2022

Investors have seen this movie before and are fearful of recession in 2023 or 2024. DJ 02/19/22 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis. Credit spreads have begun to widen.

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Marketing Policies Community Bank Community 78

South State Correspondent

OCTOBER 25, 2023

While this number varies widely by banks, on average, we estimate that about 15% of the fixed branch and ATM costs, plus the support staff, should be allocated to check handling based on time-on-task. Households and merchants must receive, verify, manage, transport, secure check stock, and deposit checks.

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Fraud ATM Payments Management 195

South State Correspondent

JUNE 27, 2023

It’s a way for banks to speak with each other, and it started to be phased in during the first quarter of this year with the goal of a complete conversion by 2025. While this is mostly the domain of large banks, there are three reasons why your community bank should consider adopting this language to increase future bank performance.

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System Data Examples Payments 195

Abrigo

FEBRUARY 6, 2024

Takeaway 2 Community banks may face challenges seeking reimbursement for breach of warranty claims filed with other FIs. Takeaway 3 Banks and credit unions should leverage new tools to improve check fraud prevention that can ease the burden on their staff and safeguard customers.

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Fraud Training Trends Regional 221

Independent Banker

NOVEMBER 30, 2021

Many hotels and other hospitality businesses haven’t fully bounced back from COVID-19 travel and safety restrictions, but community banks have been by their side through the challenges. MainStreet Bank has a sizable hotel loan portfolio with roughly $100 million in loans on 15 properties. Sushil Patel, State Bank of Texas.

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Community Bank Community Texas Dallas 209

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. Honorable Mentions – while this was a quiet year for M&A, we tip our hat to Atlantic Union’s acquisition of American National Bank and Eastern Bank’s acquisition of Cambridge Bank.

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Fintech Community Regional Technology 195