South State Correspondent

MAY 23, 2022

Customers and competitors are challenging community banks to extend loan duration – borrowers are eager to lock fixed rates before they rise further, and many competitors are happy to oblige. But what are the optimal fixed terms for community banks given today’s interest rate, credit, and liquidity environment?

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South State Correspondent

JANUARY 18, 2023

Options For Prepayment Penalties Banks use four standard prepayment provisions for commercial loans. The first is a step-down, and it is by far the most common prepayment provision used by community banks. For example, on a 5-year loan, the bank may charge a 5,4,3,2,1 prepayment.

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Jeff For Banks

APRIL 4, 2010

Community banks tout themselves as better than national and regional banks because of how close they are to their communities. But this opinion ignores the generations of history many banks across our great land have built. When the bank opened in 1905, Hallstead was already a thriving community.

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Gonzobanker

FEBRUARY 22, 2024

Community banks need to analyze the demographics and varied business segments to identify the growth potential of each market. Another key player for successful small business banks is the vice president of business lending, who manages the relationship managers and reports to the chief lending officer.

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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. years, thereby increasing the ROE by 5.5% for our sample $500k loan.

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Independent Banker

JANUARY 31, 2022

Ken Finley, president of Johnson City Bank, in downtown Johnson City with Shannon Sultemeier, executive vice president (left); and Brenda Haynes, vice president/cashier (right). Here’s how four community banks are thriving in this environment. Photo by Dennis Burnett. By Mindy Charski.

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South State Correspondent

JANUARY 4, 2023

Building out the ever-important treasury management suite, targeting deposit-rich customer segments, and creating new savings products are all examples of how banks can build deposit balances at low cost, low-rate sensitivity, and high deposit convexity. Remember all those five-year fixed-rate loans you booked at 4%? Conclusion.

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Gonzobanker

FEBRUARY 8, 2022

Maybe instead of Acquire or Be Acquired, this conference should be called Evolve or Be Acquired,” observed Eric Sprink, CEO of Coastal Community Bank in Everett, Wash., and a trailblazer in the world of banking as a service (BaaS). price/book multiple. The difference could be seen in what alpha bankers bragged about.

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Jeff For Banks

OCTOBER 9, 2018

In a follow up to my last post on the subject, that was driven by my friends from Performance Trust , I was asked in the comments section of that post if there was a correlation between non-interest bearing checking accounts and price-to-tangible book multiples. I thought this would give us what we needed. See for yourself.

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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

Jeff For Banks

JULY 5, 2022

Two percent is a big matzah ball out there to overcome and compete with Ally Bank. So banks, even community banks like [bank name] must take a sharp pencil to prune their branch network to compete with the higher interest rates of online banks, make investments in people and technology, and deliver to their shareholders.

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South State Correspondent

JUNE 13, 2023

On our loan hedging desk, we work with hundreds of banks ranging in size from just over $100mm in assets to some national banks with over $1T in assets. Many bankers do not hesitate to set fixed-rate loan pricing 30 to 60 days before a loan closing primarily because banks do not measure the risk of this practice.

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Independent Banker

FEBRUARY 24, 2016

New inspirations, fresh experiences await at ICBA’s national convention. Welcome to the Crescent City, where the largest educational gathering of community bankers convenes this month. It’s Community Banking LIVE 2016 in New Orleans. For the most current information about Community Banking LIVE 2016.

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Jeff For Banks

JUNE 19, 2021

I realize the irony about me writing on execution when one segment of my book, Squared Away-How Can Bankers Succeed as Economic First Responders was "No amount of good execution will help a bad strategy." The economy, interest rate environment, or their "day job" held them back. And the institution didn't move forward. Here is what I mean.

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Independent Banker

JANUARY 26, 2016

More community bank loan officers are using laptops and tablets to allow customers in the field to complete loan applications and obtain faster approvals. Commercial loan officers at Univest Bank and Trust Co. billion-asset community bank’s president of small-business banking. Dan Hickman, Riverhills Bank.

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Independent Banker

NOVEMBER 24, 2014

We let our actions speak for the bank.” Mark Zaback, Jonah Bank of Wyoming. Under the big Montana sky, Mark Zaback helps lead a community bank with a cowboy code. Mark Zaback , Jonah Bank of Wyoming. Bank assets: $280 million. The code, based on the book “Cowboy Ethics” by author James P. Casper, Wyo.

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Wyoming Kansas City Community Bank Community 94

Jeff For Banks

DECEMBER 7, 2019

It is the Mountlake Terrace, Washington holding company for 1st Security Bank, a $1.7 billion in assets community bank with 22 branches that encircle the Seattle Sound. That's only 9x earnings, and 147% of tangible book. Bank & Thrift Index. It is the $888 million holding company for Plumas Bank.

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Indiana Oregon South Dakota Community Bank 78

Jeff For Banks

MARCH 3, 2018

Six years ago I asked in a blog post Will Plain Vanilla Kill Community Banking ? When they started in 1995, they sold books. Online book stores. Leader Bank - A $1.2 billion in assets Massachusetts bank developed Zrent so it's landlord customers could more efficiently collect rent from tenants.

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Apple Millennials Massachusetts FDIC 67

PYMNTS

JULY 20, 2016

But innovation watchers have been watching Rio and Brazil in general for some time as the nation increasingly becomes an incubator nation for FinTech development and talent. One of the leading startups in the emerging Brazilian class is CargoX, a service that has been (unsurprisingly) described as the “Uber for Trucks.”

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New Jersey National Trends Community Bank 100

Gonzobanker

DECEMBER 22, 2020

Banks and credit unions had to fundamentally change their delivery, support and relationship management models at scopes and speeds that were unheard of. And how did community banks and credit unions respond to the COVID craziness? Bank Deal of the Year PNC nabs BBVA USA – paying 1.3 Expect more cost-driven MOEs in 2021!

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Idaho Community Industry Strategy 181

Jeff For Banks

DECEMBER 19, 2015

A summary of the banks, their stories, and links to their website are below. #1. Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. The bank was hammered with credit problems during the financial crisis, as Michigan's economy was hit pretty hard.

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North Dakota Arizona Michigan Florida 60

Jeff For Banks

DECEMBER 18, 2014

through its subsidiary BNC National Bank, offers community banking and wealth management services in Arizona, Minnesota, and North Dakota from 14 locations. It also conducts mortgage banking from 12 offices in Illinois, Kansas, Nebraska, Missouri, Minnesota, Arizona, and North Dakota. Well done! #3. BNCCORP, Inc.

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Independent Banker

MARCH 15, 2015

It was a prescient move for Hartings and the $450 million-asset community bank, which comfortably weathered the downturn even though residential mortgages are its biggest business line—but not everyone appreciated Hartings’ common-sense approach at the time. Fortunately, most did listen. Jack got us through that just fine.

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Ohio Community Bank Community Lending 70

American Banker

MARCH 30, 2016

The company's pending purchase of a large loan book — and expansion into national hotel lending — will be scrutinized in coming years. The management team at Western Alliance Bancorp. has decades of experience with hotel development.

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Risk Management Management Lending National 28

Jeff For Banks

AUGUST 29, 2016

Note the absence of anything resembling a community bank. First Franklin, a JV between National City Bank (emergency sale to PNC) and Merrill Lynch (emergency sale to BofA). local bank that retains the credit on their books), then perhaps a 5/1 mortgage should be the norm. What could go wrong?

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North Carolina Community Lending Community Bank 60

Jeff For Banks

AUGUST 12, 2018

The Fed’s Beige Book remains fairly positive, citing “modest” growth. Housing has done well, despite median sales price growth which is less than national averages and lower inventories of properties for sale, which may be propping up prices. We have to live with national interest rates and the Fed and the yield curve affect us all.

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Marketing Philadelphia Omaha US 60

Jeff For Banks

FEBRUARY 17, 2013

Historically low interest rates and the recent poor economy highlighted the importance of leadership in community banking. Vision - Burt Nanus in his book Visionary Leadership contends that vision is inherently idealistic and represents a "mental model of a future state of the. organization." Chances are you don''t.

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South State Correspondent

JANUARY 20, 2023

2022 will go down as one of the worst years for community bank loan mispricing when viewed on a spread basis. Rapidly rising rates crushed performance as many banks held a fixed rate constant and/or booked a fixed rate loan at a misguided level. The result is a credit-skewed portfolio to the negative.

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Lending Community Bank Community Data 195

Gonzobanker

DECEMBER 19, 2017

THE BANKING AWARDS. Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. GonzoBanker of the Year – Large Banks. Credit Union Merger of the Year – Goes to Lake Michigan Credit Union and its CEO Sandy Jelinski for acquiring Florida-based community bank Encore.

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American Banker

OCTOBER 18, 2016

posted higher third-quarter earnings after booking more loans across several lending categories. Synovus Financial in Columbus, Ga.,

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Columbus Lending Community Bank Regional 28

American Banker

APRIL 27, 2016

BOK Financial continued to diversify its lending, booking strong increases in health care, manufacturing and commercial real estate credits. Progress on that front, however, was overshadowed by ongoing deterioration in its energy portfolio.

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Lending Community Bank Regional National 28

American Banker

APRIL 19, 2016

Several small and midsize banks generated large year-over-year loan growth despite a belief by some outsiders that a slowdown was looming. Bankers may have to spend coming months assuring investors that they can keep booking loans while adequately managing risk.

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Management Community Bank Regional National 28

American Banker

APRIL 25, 2016

Cutting-edge jobs — think chief innovation, strategy and data officers — are on the rise at banks and other lenders, and they are drawing free-thinking, tech-savvy candidates from inside and outside of financial services.

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South State Correspondent

MAY 31, 2023

Five: Last Mile Digital Conversions One of the more successful uses of modern branch strategy is to move non-mobile banking customers onto your bank’s mobile platform. The average community bank may have 30% to 50% on mobile, while the national banks are closer to 80%.

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Data Branch Strategies Strategy Mobile 195

Jeff For Banks

APRIL 14, 2022

That's the number of books in John Maxfield's banking book library. He was curating a library for a bank, of course. He was curating a library for a bank, of course. Doesn't your bank have a bank book library? He didn't tell me the bank. Two hundred and forty three books.

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America National Denver United States 78

Jeff For Banks

DECEMBER 12, 2016

A summary of the banks, their stories, and links to their website are below. #1. Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. This has resulted in a tangible book value per share at September 30th of $22.51. It's size today, at $2.5

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South State Correspondent

JULY 25, 2022

Are you booking fewer fixed-rate loans? Deposit Volumes, Mix & The Impact of the Fed’s Balance Sheet Reduction: The Fed started “Quantitative Tightening” in June and has decreased the Nation’s balance sheet by $735B. Has the bank felt any runoff in deposits after adjusting for tax payments? and beyond.

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