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. Bankers need to manage credit relationships to ROA/ROE and not credit spreads. Many banks target profitable commercial clients.

How To 195

How To Community Bank Community Management 195

Abrigo

AUGUST 9, 2019

Modernization of the Community Reinvestment Act. Dealing with change is difficult, but dealing with change when you don’t feel like you have enough time feels impossible,” says Dave Crenshaw, author of a best-selling time management book and the keynote speaker of the 2019 ThinkBIG Conference in Orlando, Fla., See Details.

Management 150

Management Conference Lending Training 150

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

Jeff For Banks

FEBRUARY 24, 2022

Number 1 on that list: Project Management. I used the embedded commercial as indicative of the life span of a project at a community bank. This, in my opinion, is an existential threat to the relevance and survival of community banking. Have a killer project management team inside the bank. - Can it be done?

Management 78

Management Community Bank Community Arizona 78

South State Correspondent

SEPTEMBER 4, 2023

We analyzed the loan performance (return on equity, loan yield, fee income, and loan size) of hedged borrowings in a large group of community banks and compared this to the community bank industry averages. The table below shows a summary of our analysis (community banks are defined as banks under $10B in assets).

Analysis 195

Analysis Community Bank Community Training 195

PYMNTS

NOVEMBER 7, 2019

“But then came Facebook’s Libra, and the international regulatory community had to get its act together very rapidly.”. In other news, Webjet, the owner of WebBeds, has announced the launch of Rezchain , a new blockchain-based technology that can find and eliminate discrepancies in hotel booking transactions.

blockchain 102

blockchain Bitcoin Regulation New York 102

ABA Community Banking

APRIL 1, 2020

Regulatory principles and practices for business continuity management are spelled out in a booklet in the Federal Financial Institutions Examination Council’s IT Examination Handbook. When regulators revised the booklet in 2019, they changed its title from “Business Continuity Planning” to “Business Continuity Management.”

Handbook 52

Handbook Regulation Management Industry 52

South State Correspondent

APRIL 23, 2023

The root cause of Silicon Valley Bank’s (SVB) failure is poor risk management – plain and simple. Bankers need to understand and manage their business on the fair value of assets and liabilities instead of managing their business on net interest margin and the amortized historical cost of assets and liabilities.

Management 195

Management Security Risk Management social media 195

PYMNTS

MARCH 26, 2018

Wells Fargo, weeks after it was hit with a rare enforcement action from the Federal Reserve, is overhauling its risk management processes and announced internally that four top risk management executives would be retiring. All are retiring in April, May or June.

Risk Management 100

Risk Management Management Compliance Groups 100

Jeff For Banks

NOVEMBER 6, 2010

A The title of this book compelled me to read it, and I''m a better consultant for having done so. This book does a deep dive into the weeds of balance sheet management. This book does a deep dive into the weeds of balance sheet management. The author is very experienced in bank investment portfolio management.

Community Bank 60

Community Bank Strategy Community Report 60

Jeff For Banks

AUGUST 2, 2021

Like any SMB owner doing a new acquisition, I broke down the expense book. 14/ @Schornack Strong expense management structures allow the SMB more flexibility then to further invest in strong staff and improved client experiences. 21/ @Schornack The other item that I fixate around is writing a monthly management report to my board.

Community Bank 78

Community Bank Community Minnesota Metro 78

Bobsguide

DECEMBER 16, 2020

Well, except for the accounting community struggling with the year-end close. Most of the stress and frustration around closing the books is generated by unfit tools and the organisation of the process. Managing period-end close in accounting has. It’s the most wonderful time of the year!

Community 120

Community Tools Management 120

American Banker

AUGUST 11, 2023

In his new book, "The Song of Significance," Seth Godin, a business management author, dives into how executives can rethink being profit driven and help create meaning in the work for employees.

Management 36

Management Community Bank Community 36

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

Jeff For Banks

MAY 9, 2024

I still find this to be a challenge at community banks. So the engineering firm ends up at "Big Bank", and the community bank wonders why. I described the problem to the Lendio guy, and we had a back-and-forth on how community banks can solve it. They want to grow small business deposits. How do I calculate that ROI?

Conference 112

Conference Community Bank Community Tools 112

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.

Lending 78

Lending Community Bank Community Strategy 78

Abrigo

OCTOBER 23, 2014

But how can this growth be managed appropriately? Community banks certainly want to remain conservative with risks and follow regulations. “As we witnessed with the not so distant crisis, banks that were lax with their credit standards while booking unprecedented new business ultimately paid the cost.”

Risk Management 186

Risk Management Management Lending Resources 186

PYMNTS

MAY 25, 2017

Meanwhile, new features were added to Net Element’s Aptito POS and mPOS products to help restaurants manage reservations, payroll and social media, among other functions. . Through our platform, we’re able to share data in real time, so the clubs know which turfs are available and when they’re able to book the facilities.”.

System 124

System Community Payments Report 124

Independent Banker

FEBRUARY 28, 2022

Kathy Strasser of IncredibleBank is evaluating marketing campaign management platforms. The digital world has opened vastly broader avenues for community banks to attract new customers—especially if they partner with fintechs in their endeavors. Fintechs know how to reach and work with the community. By Katie Kuehner-Hebert.

Fintech 136

Fintech Marketing Community Bank Community 136

South State Correspondent

JANUARY 3, 2023

Despite reaching the highest profitability in over a decade in 2022, US banks overall trade at a discount to other sectors as measured by P/E or P/Book, and approximately 53% of US banks have earned less than their cost of equity over the last five years.

Community Bank 221

Community Bank Community Data Marketing 221

PYMNTS

DECEMBER 18, 2020

We built Whatnot not just to enable transactions, but to capture the fun of the in-person experience, so our communities can connect in real time and geek out with their favorite sellers,” he added. Whatnot facilitates peer-to-peer connections between enthusiasts.

Community 215

Community Video Retail Trends 215

Independent Banker

APRIL 30, 2022

In community banking, we’re not ones to rest on our laurels. We’re always raising the bar for ourselves, our teams and our communities to ensure we provide the best possible services to our customers. Brad Bolton is president and CEO of Community Spirit Bank in Red Bay, Ala. It set the tone for my priorities as a bank leader.

Community Bank 171

Community Bank Community Knowledge Base Leadership 171

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). Furthermore, community banks should embrace one additional metric that national banks have used to measure the health of their real estate portfolios – debt yield.

Lending 195

Lending Community Bank Community National 195

Abrigo

APRIL 25, 2024

Generally, small business loans benefit business owners, they also benefit communities, according to 2021 research for the SBA. Financial institutions should also cultivate opportunities to help existing borrowers manage their business and capital needs. At the same time, 59% pursued credit to meet operating expenses.

Lending 221

Lending Trends Capital Strategy 221

South State Correspondent

APRIL 19, 2023

This is one of the great mysteries of community banking. Almost every community bank touts its commitment to the relationship. Deposit value now dwarfs fee value, yet many management teams are still worried and compensated on fee generation. Add other components, and retention shoots up even further.

How To 195

How To Examples Resources Community Bank 195

South State Correspondent

FEBRUARY 27, 2022

Booking long-term fixed-rate loans on-balance-sheet may not make sense for many banks. While community banks may want the ability to offer longer-term fixed-rate loans, the interest rate risk is too significant for most banks’ balance sheets. ARC is custom designed to allow community banks to compete anywhere on the yield curve.

Lending 195

Lending Community Bank Community Meeting 195

PYMNTS

OCTOBER 8, 2020

Nurses, case managers, and other healthcare workers are already familiar with Epic — adding notes to patient files, scheduling appointments, and discharging patients.”. Lyft said the setup will reduce friction in the booking process. Lyft for Epic will “simplify sending rides,” the release said.

System 226

System Denver Louisiana Community 226

Jeff For Banks

APRIL 29, 2021

I will be attending the Financial Managers Society FMS Forum this upcoming June. write a book! Write a book curated by readers of Jeff For Banks. So in the summer I drafted a summary, and an introduction chapter, and solicited the usual publishing suspects for business books. And then we began settling into a routine.

Conference 78

Conference social media Capital Marketing 78

Independent Banker

NOVEMBER 1, 2021

Community banks who are considering entering the small business lending space are already challenged by several barriers to entry: Inefficiency of traditional loan processing. This solution allows community financial institutions to profitably offer small business loans that are efficient, convenient and compliant. Automate Booking.

Lending 91

Lending Community Community Bank Analytics 91

Abrigo

FEBRUARY 27, 2020

This means having processes and people in place for bringing in borrowers, identifying the right loans to book, pricing them correctly, and closing loans quickly and efficiently enough to meet customer needs and institutional goals. Book more loans with a faster turnaround. learn more. Survey: Repetitive data entry common.

Lending 243

Lending Survey Data System 243

Jeff For Banks

DECEMBER 10, 2023

I call this "pulling into the pits" in my book: Squared Away-How Can Bankers Succeed as Economic First Responders. Communities First Financial Corporation (Now FFB Bancorp) (OTCQX: FFBB) #2. Treasury as a Community Development Financial Institution (CDFI). Coastal Financial Corporation (Nasdaq: CCB) #3. The Bancorp, Inc.

Fresno 103

Fresno North Carolina Raleigh FDIC 103

South State Correspondent

APRIL 3, 2023

The second article compared and contrasted community banks’ pay-for-risk and relationship business models. Top-performing community banks deploy relationship banking. Many community banks state that they embrace and promote relationship banking. We will share some techniques our bankers have used to gain this expertise.

Community Bank 195

Community Bank Community Lending Marketing 195

Abrigo

JANUARY 17, 2023

In my experience, community banks only do what they have to do. With an automated loan management system , there’s no more emailing with document attachments. Closing and booking the loan to core. This enables an immediate QC, and if the loan passes, fund and book. They are: . Digital lending. Too good to be true.

Lending 195

Lending System Customer Experience Case Study 195

Independent Banker

NOVEMBER 30, 2022

What are they, and how can community banks stay on top of this trend? India’s Paytm—advertised as a payments app that also allows consumers and merchants to pay bills, book flights and movie tickets, open a savings account, invest in stocks and mutual funds, acquire loans and beyond—reports 300 million users. By Colleen Morrison.

Community Bank 91

Community Bank Community Maryland Data 91

Abrigo

OCTOBER 28, 2020

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? Agency bonds which are more common in community FIs might offer us an additional 10-15 basis points and are also essentially “risk free.”

Lending 195

Lending Risk Management Management Community 195

Gonzobanker

NOVEMBER 2, 2023

In the throes of managing balance sheets and loan portfolios and at the same time executing daily “run the bank” operations, bankers are faced with the need to continuously develop new customer experiences and scale enterprise capabilities. At the same time, tomorrow’s leadership will have little to do with “book smarts.”

Leadership 155

Leadership Industry Management Resources 155

Perficient

FEBRUARY 2, 2021

My friend is not someone in tech and is unlikely familiar with the so called “Gang of Four” book, Design Patterns by Gamma, Helm, Johnson, and Vlissides. Alexander’s work primarily concerns architecture, urban design and community. And GOF is probably one of the more influential books in our industry.

Customer Experience 211

Customer Experience Tools Google Examples 211