Remove Atlanta Remove Capital Remove Community Remove Risk Management
article thumbnail

Small business lending insights Vol. 1

Abrigo

The negative correlation of funded business loans to the Fed funds rate is a staggering 86% as businesses weigh their needs for capital against expensive debt and lenders aim to limit risk. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets.

Lending 221
article thumbnail

5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tech Flex

Independent Banker

At some community banks, budgeting for technology has become a more important focus over the past several years. Community banks need to be nimble enough to change from their plan when they need to. in Atlanta is one community bank that tries to be more agile with its technology spending. “If billion-asset community bank.

article thumbnail

Guest Post: Fourth Quarter and Year End Economic Commentary by Dorothy Jaworski

Jeff For Banks

Between February and November, 2015, foreign capital was pulled out of the country to the tune of $843 billion. GDP in the 4Q15 is tracking at 1.0%, according to the Atlanta Fed. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. China is paying the price for these actions.

article thumbnail

The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. billion of assets under management. It was always clear how much Jones loves his credit union, his team and his community. Best of luck in the next chapter, Chris!

Idaho 148
article thumbnail

Fintech Fundings: 20 Companies Raise $175 Million Week Ending Nov 6

Fintech Labs Insights

But the most surprising funding was the $42 million to the Atlanta-based alternative credit bureau, FactorTrust. HQ: Atlanta, Georgia. Expansion Capital Group. Bitcoin trading community. Tags: Enterprise, underwriting, lending, risk management. Source: FT Partners. FactorTrust. Alternative credit bureau.

Company 12