Independent Banker

JANUARY 31, 2022

Here’s how four community banks are thriving in this environment. Clearly, community banks in the region have plenty of opportunities to do what they do best: forge deep and lasting relationships with their customers and communities. These include family-owned businesses, community businesses and operating companies.

Texas 182

Texas San Antonio Community Bank Community 182

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. For other borrowers, the $596 million-asset community bank allowed deferrals of principal or, in some cases, full payment deferrals. Photo: R.J.

Community Bank 209

Community Bank Community Texas Dallas 209

Abrigo

APRIL 14, 2020

Key Takeaways The Federal Reserve recently unveiled a new loan-purchase program, the Main Street Lending Program (MSLP) Unlike the PPP, loans provided under the MSLP are not eligible for loan forgiveness Community financial institutions play an important role in the MSLP. Eligible lenders for the MSLP include U.S.

Maine 195

Maine Lending Community Study 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? The Lending Curve.

Lending 195

Lending Community Bank Community Capital 195

Independent Banker

JANUARY 31, 2022

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. Swashbuckling, nimble, well-funded and unapologetically entrepreneurial, fintechs are offering innovations that allow community bankers to dream big in a host of ways.

Community Bank 159

Community Bank Community Fintech Risk Management 159

Abrigo

SEPTEMBER 1, 2020

Now, many of the nearly 5,500 SBA-approved lenders that are participating in the PPP are weighing the option of leveraging that technology to continue to provide SBA lending after PPP. Leveraging tech for SBA lending after PPP. Or, they might wonder whether it’s too late to start 7(a) lending if they’ve never done it before the PPP.

Lending 195

Lending Risk Management Technology Survey 195

Abrigo

SEPTEMBER 1, 2020

Now, many of the nearly 5,500 SBA-approved lenders that are participating in the PPP are weighing the option of leveraging that technology to continue to provide SBA lending after PPP. Leveraging tech for SBA lending after PPP. Or, they might wonder whether it’s too late to start 7(a) lending if they’ve never done it before the PPP.

Lending 195

Lending Training Technology Survey 195

Abrigo

AUGUST 28, 2019

Slow lending decisions and frustrating loan application processes are among borrowers’ biggest gripes with traditional financial institutions vs competitors such as online or alternative lenders. Drive faster lending decisions. Contacting a branch manager might yield insight on depositors for potential upsells for loans. Get started.

Lending 150

Lending Analysis Taxes Data 150

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. This asymmetric pricing explains why many community banks go terminal during a downturn.

Lending 195

Lending Community Bank Community Data 195

South State Correspondent

NOVEMBER 29, 2023

Community banks are striving to increase loan yield and maintain their cost of funding (COF). Unfortunately, pressure on COF is expected to remain, and loans will reprice slower than expected as borrowers with below-market rates will wait until the last maturity day to refinance their credits.

Community Bank 195

Community Bank Community Tools Strategy 195

South State Correspondent

JUNE 9, 2022

Many community banks are searching for ways to increase fee income, and many bank CEOs have concluded that fee income is a significant driver of revenue and profitability. We argue that larger banks do not have an inherent advantage over community banks in generating fee income because of their scale.

Community Bank 195

Community Bank Community Comparison Fintech 195

South State Correspondent

APRIL 3, 2023

The second article compared and contrasted community banks’ pay-for-risk and relationship business models. We made the case that, over time, the market does not adequately compensate banks for credit and interest rate risks. Top-performing community banks deploy relationship banking.

Community Bank 195

Community Bank Community Lending Marketing 195

Jeff For Banks

APRIL 14, 2022

That's the number of books in John Maxfield's banking book library. Doesn't your bank have a bank book library? Two hundred and forty three books. Books are in author last-name order. Because it's a library's worth of books! Two hundred and forty three. How do I know? He sent me his list. Interesting idea.

America 78

America National Denver United States 78

South State Correspondent

MAY 3, 2023

In fact, we had a conversation just last week with the head of a lending division at a large regional bank. He stated, “This was just the vagaries of the market, and nothing would have been done differently at origination.” At its basic premise, FTP distributes banking profit between lending and deposits.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

MAY 2, 2023

In fact, we had a conversation just last week with the head of a lending division at a large regional bank. He stated, “This was just the vagaries of the market, and nothing would have been done differently at origination.” At its basic premise, FTP distributes banking profit between lending and deposits.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

MAY 2, 2023

In fact, we had a conversation just last week with the head of a lending division at a large regional bank. He stated, “This was just the vagaries of the market, and nothing would have been done differently at origination.” At its basic premise, FTP distributes banking profit between lending and deposits.

Lending 195

Lending Capital Management Tools 195

Abrigo

OCTOBER 28, 2020

Key Takeaways Financial institutions are currently awash with liquidity and competitive markets are squeezing rates. Answer this question: Are we trying to decide what to do with the money you already have on the books, or are we trying to find ways to grow the balance sheet and going to need new funds as a result? Sounds crazy, right?

Lending 195

Lending Risk Management Management Community 195

South State Correspondent

APRIL 18, 2023

We concluded that the market does not adequately compensate banks for credit and interest rate risks. Top-performing community banks deploy relationship banking. Bankers provide advice based on the customer’s particular situation and needs, as those needs evolve over the customer’s lifetime and as the market changes.

Strategy 195

Strategy Regional Industry Community Bank 195

South State Correspondent

APRIL 23, 2023

However, the market loss of this HTM portfolio was over $15B (disclosed in footnotes), almost equal to the bank’s equity base, making the bank economically insolvent. Consider the following in the banking industry: Banks lend on fair value today, not on the historical cost of the collateral.

Management 195

Management Security Risk Management social media 195

South State Correspondent

SEPTEMBER 7, 2022

A common strategy for community banks, when faced with a borrower that wants a 10-year fixed rate loan, is to offer a five-year fixed rate that adjusts in five years. Sales Risk: Sales risk entails the risk of the bank not obtaining the loans that it wants or being forced to book the loans that it does not want.

Community Bank 195

Community Bank Community Lending Maine 195

South State Correspondent

JANUARY 4, 2023

While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. When offering a higher money market or CD rate, the direct damage done to cost of funds is often the least of a bank’s worries.

Community Bank 195

Community Bank Capital Training Lending 195

Abrigo

JANUARY 13, 2020

In 2020, a top focus for community financial institutions is new customer acquisition, according to the BAI Banking Outlook: Trends in 2020 survey. In a recent whitepaper , Abrigo outlined several tips for refreshing cross-selling practices and leveraging technology to address customer needs through marketing to existing customers or members.

Lending 150

Lending Study Survey Community 150

Abrigo

APRIL 21, 2020

Key Takeaways Financial institutions have 10 calendar days to disburse PPP loans To address financial institutions’ liquidity and leverage concerns, regulators have helped to facilitate lending. To address financial institutions’ liquidity and leverage concerns, regulators have helped to facilitate lending. How to fund PPP loans.

Lending 195

Lending Capital Minnesota FDIC 195

South State Correspondent

JANUARY 30, 2024

A typical current strategy for community banks when originating commercial real estate loans is to offer floating-rate loans or shorter-term adjustable structures. Suppose a community bank does not hedge or match fund 5-year adjustable loans. The borrower will have no better options in the market.

Community Bank 195

Community Bank Case Study Community Strategy 195

Independent Banker

JANUARY 31, 2022

In this challenging labor market, how do you make sure you retain new talent? Thanks to high levels of engagement, community banks are well known for having long-standing employees. But, in this challenging labor market, how do you make sure you retain new talent? By Lindsay LaNore, ICBA. Values and ownership matter.

Lending 91

Lending Community Millennials Training 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., While the term “accretive to book value” is still the best bet for buzzword bingo at AOBA, the real talk centered around digital transformation and fintech disruption.

Fintech 166

Fintech Customer Experience Conference Technology 166

PYMNTS

AUGUST 20, 2020

What happens if Main Street becomes less a proving ground for smaller businesses — born of, and serving, local communities — and more a collection of larger firms, well-capitalized, but already enjoying competitive advantages? They are also too large to get funding through programs solely focused on small business lending.

Maine 218

Maine Lending Pennsylvania Boston 218

Jeff For Banks

DECEMBER 10, 2023

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance more than those that make those investments. Communities First Financial Corporation (Now FFB Bancorp) (OTCQX: FFBB) #2. The Bancorp, Inc.

Fresno 103

Fresno North Carolina Raleigh FDIC 103

PYMNTS

APRIL 13, 2018

The software company this week announced more than $40 million in funding from PeakEquity Partners, which will go toward a continued focus on growth, expanding its product offering, strengthening sales and marketing and developing the overall Xeeva brand. Tienda Pago.

Lending 129

Lending blockchain Capital Software 129

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 believe any prepayment provision is better than none, but we acknowledge that banks are challenged in the market to obtain borrower acceptance of some of these provisions.

Community Bank 195

Community Bank Community Capital Maine 195

Gonzobanker

DECEMBER 19, 2022

TD has been a player that maintained its acquired market share so we are hoping this one doesn’t get messed up like other Canadian banks that have struggled in the Southwest. SoFI gets a commercial bank that brings deposits, compliance, AND business lending. First Horizon is a wonderful franchise with a valuable Southeast footprint.

Community 216

Community Fintech Industry Innovation 216

Fintech Labs Insights

MARCH 14, 2024

For financial marketers, especially those in credit unions and community banks, the biggest event of the year, The Financial Brand Forum , is just two months away. For the most part, early-bird (or very-early-bird) prices are still in effect, so you can easily save $1,000 or more on a pair of tickets.

Conference 15

Conference Fintech Marketing Las Vegas 15

Abrigo

OCTOBER 4, 2016

As discussed in a previous blog post, Part 1, one such metric is the loan application conversion rate, which measures the efficiency of the lending funnel. Another way to increase the volume of loan applications is to drive interest through targeted marketing techniques that are tailored to the desired applicant.

Resources 236

Resources Marketing Strategies Strategy Community 236

PYMNTS

NOVEMBER 16, 2018

The star of this week’s roundup is undoubtedly data: Two Robotics Process Automation (RPA) companies focusing on enterprise data analytics and automation landed a combined $565 million, while other high-value rounds were closed in the workspace sharing and asset-based lending markets. Automation Anywhere.

Lending 193

Lending Capital Analytics Fintech 193

South State Correspondent

JUNE 13, 2023

We see borrowers trying to out-predict the market by guessing what the Fed might do, analyzing economic trends, studying graphs, or talking to friends at cocktail parties. No one can time the market when purchasing a stock or locking in financing costs – the market is too efficient and unpredictable.

Marketing 195

Marketing Examples Capital Management 195

Gonzobanker

NOVEMBER 2, 2023

At the same time, tomorrow’s leadership will have little to do with “book smarts.” Pillar #2: Leaders Transcend Daily Hustle to Build New Systems Most regional and community banks grew up executing the fundamentals with sheer hustle and hard work. When business lines must continuously collaborate with marketing, I.T.,

Leadership 155

Leadership Industry Management Resources 155

Jeff For Banks

JANUARY 28, 2012

Community financial institutions are grappling with the recent and pending mortgage rules. New rules aside, we were not that significant in the mortgage market anyway. So we opened the door, let the competition through, and we ceded the mortgage market to brokers, specialists, and the government. A note on the data.

Marketing 83

Marketing Pennsylvania Lending Community 83