South State Correspondent

MARCH 13, 2023

While we will cover the general lessons HERE , in this article, we wanted to focus on the root cause – how and why interest rate risk caused the second-largest bank failure in US history (Washington Mutual was the largest in 2008). Equally important is the bank’s securities duration, as shown in the graph below.

Risk Management 221

Risk Management Management Community Bank Community 221

South State Correspondent

AUGUST 21, 2023

However, that publication, directly and indirectly, identified three discrete risks affecting community banks. We will outline what we think community bankers should glean from this publication. Risks to the Community Banking Sector Moody’s identified three risks to the banking sector, including risks to community banks.

Community Bank 195

Community Bank Community Capital Analysis 195

South State Correspondent

OCTOBER 9, 2023

In two articles in the past few weeks ( here and here ), we discussed how the “higher-for-longer” interest rate environment will affect the community bank sector – continued increase in the cost of funds (COF), steady yields on loans, and a decrease in net interest margin (NIM) will put severe pressure on ROE for new loan originations.

Tools 195

Tools Community Bank Community Strategy 195

South State Correspondent

FEBRUARY 27, 2024

Community bankers need to practice realistic loan pricing discipline. However, we need to understand the meaning of pricing discipline and its effect on community bank performance. This is strong evidence that community banks are pricing to an arbitrary minimum credit spread in this set of loans.

How To 195

How To Community Bank Community Management 195

TrustBank

AUGUST 1, 2023

The SECURE Act 2.0 If you recall, the original SECURE Act (Setting Every Community Up for Retirement Enhancement) was passed in 2019, but it needed some changes and add-on’s. The general idea of the SECURE Acts was to get people saving more for their retirement since the days of pensions are fading in the rear-view mirror.

Security 52

Security Taxes Washington Course 52

South State Correspondent

FEBRUARY 20, 2023

Community bankers need to understand their competitive landscape. Who the competition is, what the lending competition is offering, their delivery channels, and service levels can help community banks differentiate their services and enhance their competitive advantage.

National 195

National Lending How To Community Bank 195

PYMNTS

JANUARY 11, 2021

Today in B2B payments, the SBA releases guidance for the next round of PPP loans, while xSuite secures Peppol invoice certification. Goldiam now hopes to make new avenues in its digital push, securing more business on better payment terms and a better margin profile, the report says. SBA Unveils Guidance for Second Round of PPP Loans.

Security 139

Security System Guidelines Retail 139

South State Correspondent

MARCH 30, 2023

While desiring to bank everyone in your community is noble, it can be a poor use of resources. Not to say you want to ignore parts of your community, but why not focus more of your resources on those industries that will make your bank more profitable? While there are approximately 4,400 independent security firms in the U.S.,

Industry 195

Industry Resources Community Case Study 195

South State Correspondent

NOVEMBER 7, 2022

Available-for-sale securities are reported at fair value, and any unrealized gains and losses are included in accumulated other comprehensive income (AOCI) in the equity section of the balance sheet. In this article, we explore what signals marking your loans to market might send. However, community banks hold approximately 23.5%

Marketing 195

Marketing Community Bank Community Security 195

South State Correspondent

APRIL 30, 2022

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. In future articles, we will explain our modeling for community banks’ COF based on inflation, Fed Funds rates, consumer consumption and the Fed’s balance sheet runoff.

Community Bank 195

Community Bank Strategy Community FDIC 195

South State Correspondent

FEBRUARY 28, 2023

Many community banks today are willing to underwrite real estate secured loans on just two metrics: debt-service-coverage ratio (DSCR) and loan-to-appraised value (LTV). We will consider the minimal project DSCR in this article and cover the debt yield topic in future blogs.

Lending 195

Lending Community Bank Community National 195

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

Independent Banker

APRIL 30, 2022

During the pandemic, many community banks needed to change how they operated. For this and other reasons, now is a good time to review and refresh articles, bylaws and committee charters to ensure resilience and bolster risk management. Photo by Alita/Stocksy. By Susan Springer. Exploring the “what ifs”.

Oregon 91

Oregon Community Bank Community Meeting 91

Abrigo

AUGUST 31, 2023

Naming conventions One benefit of customer-centric KYC is that it differentiates community financial institutions from larger, more impersonal banks by allowing clients to retain their individuality and build personal relationships. Members of Amish or sovereign citizen communities often have fewer government-issued IDs.

Compliance 195

Compliance Community Training System 195

PYMNTS

OCTOBER 26, 2020

According to Arcane, much of that comes from trades done in areas with little developed financial services, including communities where migrant workers are sending funds to their families. He said his idea was to “build new connections with my most loyal fans,” according to the article.

Bitcoin 169

Bitcoin cryptocurrency blockchain Video 169

Ublocal

MAY 4, 2022

Union Bank has always prioritized giving back to the communities we serve. From food shelfs and Meals on Wheels , to community health care providers and cancer research, to low & moderate-income housing projects, to performing arts and youth sports, trail organizations and more. Union Bank is a recurring supporter of NVRH.

Vermont 52

Vermont Regional Community New Hampshire 52

South State Correspondent

APRIL 22, 2024

In this article we will discuss how borrowers should anticipate the evolution of the economy as it relates to their financing needs and discuss how community bankers should advise their clients to minimize risk and maximize their client’s profits. The market, and most economists, often get interest rate predictions wrong.

Marketing 195

Marketing St. Louis Analysis Study 195

Abrigo

JULY 13, 2023

Avoid fraud losses from pig butchering scams FinCrime professionals looking to prevent pig butchering scams in the age of cryptocurrency can follow these steps to tighten security. Would you like other articles like this in your inbox? The goodwill your institution will gain in the community will be invaluable.

Fraud 195

Fraud cryptocurrency Training social media 195

Abrigo

JANUARY 13, 2021

Would you like other articles like this in your inbox? As communities across the country continue to struggle with the effects of the COVID-19 pandemic, good news has surfaced as the Small Business Administration (SBA) announces the rollout of another round of Paycheck Protection Program (PPP) funding. More articles.

Fraud 195

Fraud Community Lending Analysis 195

Perficient

FEBRUARY 10, 2021

While the Centers for Disease Control and Prevention(CDC ) recommends healthcare consumers over 65 get vaccinated, few communications have targeted these groups or provided understanding and navigation to how to access the vaccine in their community. How are you reaching them?

New York City 484

New York City social media Community System 484

Abrigo

MARCH 8, 2024

Would you like other articles like this in your inbox? Tightening security Preventing pig butchering schemes So, how do we, as financial institutions and concerned citizens, stop clients, businesses, friends, and family from becoming a victim? Educate yourself about imposter scams and the methods used to gain your information.

Fraud 195

Fraud Technology Trends Training 195

Accenture

JULY 19, 2017

The PSD2 regulatory technical standards for strong customer authentication (SCA) and secure communication (SC) are proving difficult to finalize. The security, authentication, fraud monitoring and secure communication methods (covered in the RTS) are the bank/PSP’s choice, between January 2018 and the RTS date (in 2019).

Security 174

Security Online Compliance Fraud 174

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. In this article, we will quantify the value of a prepayment provision and compare the value of a step-down to a symmetrical break-even provision.

Community Bank 195

Community Bank Community Capital Maine 195

South State Correspondent

SEPTEMBER 20, 2022

For decades community banks have taken on fixed rate loan risk mostly through the offering of five-year, fixed-rate, commercial term loans. This is probably the most popular structure for real estate-secured term credit at community banks. Conclusion. Much of that risk applies to five-year fixed-rate loans as well.

Community Bank 195

Community Bank Community Industry Lending 195

NCR

DECEMBER 1, 2017

It’s an interesting time to be a community financial institution (FI) right now. For smaller community banks and credit unions in the US, it might seem like a difficult time to do business, with so much change, intensifying competition and regulatory compliance to contend with. Challenges for community financial institutions.

Community 56

Community Community Bank Michigan Lending 56

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. This article breaks down how you can use the ERC Assist product to generate deposits in an innovative way. The Opportunity The opportunity for growing deposits is substantial.

Taxes 195

Taxes Community Bank Community Operations 195

Perficient

AUGUST 25, 2020

For a good primer of containers and containerization, you can see this article from Docker. The wonderful Sitecore community had invested in creating container images for previous versions of Sitecore as an open-source project. In Sitecore 10, Sitecore brings the power of containers to the Sitecore platform. It’s cool, trust me.

Technology 332

Technology Community System Security 332

PYMNTS

JUNE 15, 2020

Federal investigators alleged after the newsletter published an article about litigation involving eBay last summer, two members of eBay’s executive leadership sent text messages suggesting that it was time to “take down” the newsletter’s editor, according to the release. “It

San Jose 182

San Jose California New York City Massachusetts 182

Abrigo

NOVEMBER 17, 2023

The true cost of fraud goes beyond the initial reported fraud losses Would you like other articles like this in your inbox? While some of the recent trending fraud schemes are not new, they have been transformed to prey on communities already dealing with unprecedented times. Measuring the cost of fraud losses.

Fraud 195

Fraud Training Trends Compliance 195

Abrigo

MAY 5, 2022

Would you like other articles like this in your inbox? Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S. Main Street Banking: A Podcast for Community Bankers 8. And all release a new episode at least monthly. Takeaway 2 With 2.8 BankTalk 3.

Community 195

Community Lending Maine Resources 195

CFPB Monitor

OCTOBER 27, 2022

Securities and Exchange Commission , a case with significant implications for the use of administrative law judges (ALJs) by federal agencies, including the CFPB. After an evidentiary hearing, an SEC ALJ found that the petitioners had committed securities fraud. Article I of the U.S. Supreme Court.

District of Columbia 78

District of Columbia Fraud Security Community 78

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech in banking and finance. What is regtech? Talk to a specialist to learn more.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech for banks to enhance their processes. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Gonzobanker

SEPTEMBER 14, 2023

Heck, Apple reported in August that it secured more than $10 billion in deposits with its savings product in partnership with Goldman Sachs. According to an American Banker article (subscription required), it takes 400 years for a debit card to degrade. Develop your communities Ex. THAT IS WILD. bank’s fintech partners.

How To 109

How To New Hampshire Oklahoma Fintech 109

South State Correspondent

JULY 5, 2022

In this article, we analyze why 75% LTV may not protect banks from credit risk on commercial loans and why there is only one source of loan repayment. . We concluded that obligors showing less than 1.50X DSCR would be most at risk, but the average community bank underwrites to 1.20X DSCR. Background.

Management 195

Management Capital US Community Bank 195

South State Correspondent

OCTOBER 4, 2022

In this article, we would like to share best practices of how lenders advise borrowers on planning for the future path of interest rates and how borrowers should structure their balance sheets to better manage future cash flows. As community bankers, we are foremost trusted advisors to our customers. Bankers As Trusted Professionals.

How To 195

How To Marketing Examples Community 195

Gonzobanker

AUGUST 24, 2023

In an article titled Is the Banking Crisis Over? Rising interest rates depress the value of low-rate securities and loans. Banks had more than $500 billion in unrealized losses on their securities at the end of March. Community-based financial institutions can no longer rely on their geographic communities for growth.

Innovation 148

Innovation United States Industry Technology 148