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.

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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.

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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

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?

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South State Correspondent

APRIL 19, 2023

In this article, we will look at deposit performance data related to high balances and show how banks can dramatically increase value by restructuring relationship-based products and better-allocating marketing/sales dollars more efficiently. This is over three times the life of a money market account that is over $1mm in balances.

How To 195

How To Examples Resources Community Bank 195

Gonzobanker

FEBRUARY 22, 2024

The right talent and tools can equip bankers to take advantage of opportunities in the small business market. As bankers continue to fight the deposit wars, they must move past the polite talk and build a true go-to-market plan to capture the lucrative U.S. No two markets are created equal.

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Lending Community Bank Community Strategy 78

PYMNTS

NOVEMBER 7, 2019

He added that even if Libra never comes to fruition, it has already put a spotlight on the crypto market. “In But then came Facebook’s Libra, and the international regulatory community had to get its act together very rapidly.”. Rezchain works by receiving a daily update of all bookings between two Rezchain connected parties.

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blockchain Bitcoin Regulation New York 102

PYMNTS

MAY 26, 2017

Fortunately, it appears the recreational market is getting some much-needed innovation to help organizations and associations process payments and participant registration. One company that is innovating in the sports and recreation industry is Amilia, an online registration and membership management platform. In the U.S., In the U.S.,

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Marketing Payments Community Millennials 115

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. Market segments – A bank is a compilation of its customers.

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Community Bank Community Data Marketing 221

Abrigo

APRIL 25, 2024

Recent data and trends of the small business lending market SMB Lending Insights is a snapshot of current financial trends and metrics that impact small and medium-sized business (SMB) lending and financial institutions. You might also like this guide for smarter, faster small business lending.

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Lending Trends Capital Strategy 222

Jeff For Banks

AUGUST 2, 2021

However, it had a great group of employees and was in a market that I knew very well. 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. I think so.

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Community Bank Community Minnesota Metro 78

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. . Reinventing the Recreation Market. To read the feature story and catch up on all the latest developments across the PaaS space, check out this month’s Tracker. .

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Perficient

JULY 10, 2020

Achieving these commitments will require clinical, marketing, and operations teams partnering more closely together and in a way they never have before. Revenue recovery efforts offered a necessary but insufficient first step – we urge you not to be complacent if you’re fortunate to have managed through a first wave.

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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.

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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.”

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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

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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.

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Lending Community Bank Community Meeting 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 Lending Training 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

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.”

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Leadership Industry Management Resources 154

South State Correspondent

MAY 3, 2023

Last week, we published an article [ here ] discussing how fair value accounting for assets and liabilities may have prevented the failure of Silicon Valley Bank, even if sound risk mitigation practices were not resolutely embraced by management.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

MAY 2, 2023

Last week, we published an article [ here ] discussing how fair value accounting for assets and liabilities may have prevented the failure of Silicon Valley Bank, even if sound risk mitigation practices were not resolutely embraced by management.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

MAY 2, 2023

Last week, we published an article [ here ] discussing how fair value accounting for assets and liabilities may have prevented the failure of Silicon Valley Bank, even if sound risk mitigation practices were not resolutely embraced by management.

Lending 195

Lending Capital Management Tools 195

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.

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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

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.

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Community Bank Community Maryland Data 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.

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Fintech Customer Experience Conference Technology 165

PYMNTS

JULY 5, 2020

billion for Whole Foods , the online retail giant is planning to open its second automated-checkout grocery store in Seattle’s Eastside neighborhood and is hiring managers for a third store in the city’s Capitol Hill district, The Seattle Times reported. Three years after it paid $13.4 And it’s not stopping there. the Times reported.

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South State Correspondent

JUNE 13, 2023

When interest rates rise, lenders struggle to manage revenue and economic capital; when rates fall, borrowers can commonly refinance the debt at lower rates. 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.

Marketing 195

Marketing Examples Capital Management 195

Jeff For Banks

JANUARY 7, 2022

In fact, the content in my book, Squared Away: How Can Bankers Succeed as Economic First Responders , was driven by the top 20 most-read posts of all time. The Death of the Community Bank Pundits make predictions. Squared Away: How It Happened Since I had never published a book, I had no idea how to approach writing a book.

Community Bank 78

Community Bank Community Strategy Marketing 78

Jeff For Banks

FEBRUARY 1, 2024

Aside from the trend though, financial institutions maintained manageable liquidity ratios. The Fed Funds is close to what a depositor could get in a money market mutual fund or short-term treasury. My answer is that it is different by geography, strategy, and management teams. They ended it in the low 20's.

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Security Strategy Management Community 104

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.

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Fresno North Carolina Raleigh FDIC 100

Independent Banker

NOVEMBER 30, 2021

Here’s another conversation with our consummate community banker. Hi Jim, this is Charlie Brown with Community Trust Bank. How are things at the community bank?”. “I Most community bankers I know don’t like to admit defeat. By Jim Reber, ICBA Securities. This is Jim Reber.”. “Hi Do you have a minute?”. “I

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Community Community Bank Taxes Security 126

Abrigo

OCTOBER 4, 2016

As the leadership teams at many banks and credit unions perfect plans to grow their loan portfolios, management can depend on several key metrics to measure the effectiveness of their plans and execution. For many smaller banks and credit unions, marketing is often put on the back burner. Take for example, Bank ABC.

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Resources Marketing Strategies Strategy Community 238

PYMNTS

JANUARY 15, 2021

Investors continue to fuel the growth of the B2B technology startup community with another busy week in funding. In total, investors placed nearly $600 million for firms in the B2B payments, T&E, financial management and other B2B spaces. But it was an embedded finance FinTech that took home more than half of the funding announced.

Capital 167

Capital Fintech Operations Technology 167

Abrigo

JUNE 23, 2020

Learn from your peers and hear what problems they are dealing with in our Abrigo Community, exclusive to our customers. Community financial institutions are often tasked with doing more with less. The ADC is a highly resilient environment with risk monitoring levels not currently sustainable by typical community financial institutions.

Software 195

Software Community Resources Fraud 195

South State Correspondent

JULY 24, 2023

Film quality aside, there have been few movies in the history of the World that have done a better job at marketing than Barbie. This article highlights these lessons and applies them to marketing deposits. We will also stipulate that you don’t have $100mm to spend on a marketing budget. Marketing made it so.

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Marketing social media Branding Apple 195