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). Banks typically approve credits above 1.20x DSCR and below 75% LTV – with many loan-specific factors that may skew these acceptable levels.

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Lending Community Bank Community National 195

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?

Lending 195

Lending Community Bank Community Capital 195

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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Lending Community Bank Community Strategy 78

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.

Community Bank 195

Community Bank Examples Community How To 195

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.

Community Bank 60

Community Bank Pennsylvania National Community 60

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

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.

Lending 195

Lending Community Bank Community Data 195

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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Community Bank Community Capital Maine 195

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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Community Bank Capital Training Lending 195

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.

Honolulu 91

Honolulu Community Community Bank Leadership 91

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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Fintech Customer Experience Conference Technology 166

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.

Millennials 78

Millennials Community Pennsylvania Community Bank 78

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

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Fintech Community Regional Technology 194

Gonzobanker

DECEMBER 19, 2022

Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. David Brager, Citizens Business Bank (Ontario, Calif.). All of this while knocking out a stellar 1.35% ROA and leading industry, community, and philanthropic efforts everywhere.

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Community Fintech Industry Innovation 216

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. Independent Community Bankers of America. romerorainey. John Stossel. JohnStossel.

Community Bank 70

Community Bank Community Innovation Customer Experience 70

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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Kansas City Kansas Community Bank US 71

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. We let our actions speak for the bank.”. Western Region Award Recipient.

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Wyoming Kansas City Community Bank Community 94

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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Community Bank Community Ohio System 70

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.

Marketing 195

Marketing Examples Capital Management 195

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? Bad things about the banking industry. Bank Deal of the Year PNC nabs BBVA USA – paying 1.3

Idaho 172

Idaho Community Industry Strategy 172

Independent Banker

FEBRUARY 16, 2015

From opposite political directions, Senators Shelby and Brown stand on point to greatly influence community banking’s agenda in the next Congress. The mix of contrasts and similarities of Shelby’s and Brown’s perspectives and policymaking portend an active session for community banking’s agenda in the new 114th Congress.

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Community Bank Alabama Ohio Community 70

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

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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Strategy Community Bank Survey Marketing 78

Independent Banker

MARCH 15, 2015

While out-of-town lenders gave money to customers requiring no down payments to buy overpriced homes that they couldn’t afford, Hartings, the president and CEO of The Peoples Bank Co. in Coldwater, Ohio, and ICBA’s incoming chairman, held fast to his community bank’s conservative lending practices. Fortunately, most did listen.

Ohio 70

Ohio Community Bank Community Lending 70

South State Correspondent

MAY 31, 2023

Take the time and effort to explain the backgrounds of the bankers, both personal and professional, and invite the community to establish a relationship. The more personal and closer to the mass private banking model you can get, the more influential the campaign will be. The goal is to create energy and engagement.

Data 195

Data Branch Strategies Strategy Mobile 195

Jeff For Banks

AUGUST 29, 2016

Community financial institutions make their debut here, as they purchased bonds, typically highly rated, backed by mortgages that also had insurance applied to them. Note the absence of anything resembling a community bank. The table indicates that loans were closed in these banks'/entities' names. What could go wrong?

North Carolina 60

North Carolina Community Lending Community Bank 60

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.

Apple 66

Apple Millennials Massachusetts FDIC 66

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

Jeff For Banks

DECEMBER 18, 2014

Open Bank (OTCQB: OPBK) Open Bank commenced operations in 2005 as First Standard Bank in the Koreatown section of Los Angeles. They are built as a relationship bank serving the Korean community in LA and surrounding areas. Well done! #3. BNCCORP, Inc. OTCQX: BNCC) BNCCORP, Inc., share at the end of 2010.

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North Dakota Arizona Minnesota Los Angeles 91

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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North Dakota Minnesota West Virginia Arizona 60

Tech and Finance

FEBRUARY 27, 2019

In response to the Fed’s request for comments, the Congressional Black Caucus wrote that “Delay is costing Americans billions of dollars they do not have and contributing to the growing income inequality that the Fed rightfully agrees is harming our nation. How community banks don’t trust TCH and want the Fed to provide RTGS.

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System Payments Kansas City Community Bank 38

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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Leadership Pennsylvania Virginia Atlanta 93

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.

North Dakota 60

North Dakota Arizona Michigan Florida 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

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.

Risk Management 28

Risk Management Management Lending National 28

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. 16 passing of Robert Wilmers, chairman and chief executive officer of M&T Bank Corp. When labor markets tighten, we turn to immigration.

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Conference Industry Community Bank Community 91

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.

Trends 195

Trends Lending Marketing Capital 195