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). Below is a graph showing national cap rates for all categories of real estate nationwide. Still, all of this is expected to change.

Lending 195

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

South State Correspondent

JANUARY 18, 2023

The first is a step-down, and it is by far the most common prepayment provision used by community banks. It is a standard provision at most national and larger regional banks that offer long-term fixed-rate financing. Lender: The bank has costs to underwrite, book and fund the loan.

Community Bank 195

Community Bank Examples Community How To 195

PYMNTS

JUNE 15, 2020

“Even as cities and states begin to reopen, our community of nearly 60,000 restaurants continues to face unprecedented challenges.”. Last month, PYMNTS reported the national decline in restaurant bookings started to ease, based on OpenTable data.

Report 131

Report US Data Community 131

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. A case in point: the First National Bank of Hallstead… now Peoples National Bank (see photo). When the bank opened in 1905, Hallstead was already a thriving community.

Community Bank 60

Community Bank Pennsylvania National Community 60

PYMNTS

OCTOBER 7, 2019

And that’s what she essentially ended up helping to create — an online resource for discovering, researching and booking campgrounds with over 300,000 media assets. Consumers can book a stay directly from The Dyrt mobile app, iOS and Android, or on TheDyrt.com website. Years were spent building up the content and community.

Hawaii 123

Hawaii Resources Video Community 123

Gonzobanker

FEBRUARY 22, 2024

Community banks need to analyze the demographics and varied business segments to identify the growth potential of each market. Since fintechs are the primary competition for community banks in this space, the VP of business lending needs to pay special attention to this segment. No two markets are created equal.

Lending 78

Lending Community Bank Community Strategy 78

PYMNTS

MARCH 17, 2020

Uber’s Senior VP of Rides and Platform Andrew Macdonald said in a statement, “Our goal is to help flatten the curve on community spread in the cities we serve.”. That option has now been deactivated in users’ apps in the two nations. North America is responsible for the lion’s share of the ridesharing company’s revenue.

Phoenix 140

Phoenix Metro California Washington 140

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. One of the easiest ways to increase loan profitability is to recognize (not just book) longer credits. years, thereby increasing the ROE by 5.5% for our sample $500k loan.

Community Bank 195

Community Bank Community Capital Maine 195

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. Community Financial Institutions Play an Important Role in MSLP.

Maine 195

Maine Lending Community Study 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.,

Management 150

Management Conference Lending Training 150

PYMNTS

DECEMBER 8, 2020

The company says it’s the first national bridal retailer to make this move, and the program’s unique design will earn points for the retailer among its brides as well as its business partners. Because as of Tuesday (Dec. It’s called the Diamond Loyalty Program by David’s.

social media 215

social media Community Retail Leadership 215

PYMNTS

SEPTEMBER 4, 2020

Quick-service restaurants (QSRs), fast casual eateries and fast-food drive-thrus keep dominating headlines throughout the pandemic as a nation is understandably obsessed with staying fed on lockdown and after, when breathing the open air still feels oddly risky. This week Keller unveiled his post-pandemic plan.

Boston 205

Boston San Francisco New York City Portland 205

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 167

Fintech Customer Experience Conference Technology 167

South State Correspondent

JANUARY 4, 2023

Remember all those five-year fixed-rate loans you booked at 4%? Many community banks have an inherent strategic advantage in bringing a new product to market faster than a national bank, yet they squander their position. As a result, national banks are eroding the customer base of the community bank. Conclusion.

Community Bank 195

Community Bank Capital Training Lending 195

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

Perficient

JULY 10, 2020

Three leading organizations – Salesforce , Perficient , and The Chartis Group – have come together to share bright spots within the healthcare community that can point the way to building the necessary capacity to adapt. We believe this new reality may be with us for the rest of 2020 and beyond.

US 522

US Marketing Automation Marketing System 522

Jeff For Banks

JULY 5, 2022

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. And what greater meaning can they get than at a community financial institution?

Millennials 78

Millennials Community Pennsylvania Community Bank 78

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. Taking place in Honolulu from March 12–16, 2023, ICBA LIVE provides concrete benefits to community banks in three important ways: 1.

Honolulu 91

Honolulu Community Community Bank Leadership 91

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.

Kansas City 71

Kansas City Kansas Community Bank US 71

Jeff For Banks

DECEMBER 29, 2013

Since the 2006 book, their thought process has evolved. They termed it High Definition Destination ("HDD") in their as-yet to be released book, Courage to Execute. In an excerpt of the book, HDD is described as follows: " A HDD should be so described as to provide a beacon-like objective that drives the entire organization forward.

Community 89

Community National Groups Resources 89

PYMNTS

OCTOBER 12, 2020

We’ve listened to our community and their requests for different payment options – more and more retailers are offering this as an option. The service has been booked in advance since its launch. It’s another service we want to provide to our customers so they can shop however and wherever they want.”.

Innovation 270

Innovation New York City Denver Retail 270

PYMNTS

FEBRUARY 7, 2019

tax reform led to much chatter and some confusion about exactly how changes would impact the nation’s small businesses (SMBs). Department of Treasury finalized rules that apply to SMBs on qualifying for a 20 percent tax deduction, with the National Federation of Independent Business (NFIB) applauding the initiative. Too Early To Tell.

Taxes 122

Taxes Lending National New York 122

PYMNTS

FEBRUARY 28, 2019

While hosts in rural communities are legally allowed to accept both Korean citizens and foreigners as guests, hosts in urban areas can only accept those from outside the country. Further east, Airbnb is taking off in South Korea, with a reported 2.9 million tourists using the platform in 2018, a 56 percent increase over the prior year.

Payments 183

Payments User Experience Training Case Study 183

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. The book prioritizes the need for reinvention.

Community Bank 70

Community Bank Community Innovation Customer Experience 70

PYMNTS

MAY 7, 2020

And often, drilling down into business segments and management commentary provides insight into just how we as a nation are faring, depending on where you look. Larger full-service restaurants opened community markets to sell raw ingredients, produce and food staples through online stores,” he said. Hints at Financial Position.

Maine 141

Maine Online Capital Retail 141

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. The exact closing option is available with a hedged loan where bankers can set a hedged rate before closing and solve for the credit spread when the loan is booked.

Marketing 195

Marketing Examples Capital Management 195

Abrigo

MAY 1, 2017

As he developed our product and expanded our markets , I managed the books. The SBA is here to help, with resources both online and in communities from coast to coast. How were we to know that our own hard work, skill and determination could be far more effective? Once upon a time, my husband and I started our business sharing a desk.

Puerto Rico 150

Puerto Rico Virgin Islands Guam Resources 150

Gonzobanker

DECEMBER 22, 2020

And how did community banks and credit unions respond to the COVID craziness? Our clients showed banking at its best – obsessed with customer well-being, good corporate citizenship, and strong community focus. Jill is continually demonstrating just how loud a $300 million community bank can roar! Bravo Brett and team!

Idaho 181

Idaho Community Industry Strategy 181

Independent Banker

NOVEMBER 24, 2014

Under the big Montana sky, Mark Zaback helps lead a community bank with a cowboy code. Our employees are encouraged to get involved in the community by attending events and participating in organizations they have a passion for. The code, based on the book “Cowboy Ethics” by author James P. We let our actions speak for the bank.”

Wyoming 94

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. billion-asset community bank’s president of small-business banking. In today’s competitive environment, community banks need to be able to compete with larger national banks.”.

Community Bank 70

Community Bank Community Ohio System 70

PYMNTS

MARCH 30, 2020

Two-thirds (66 percent) of SMBs expected to see their revenues grow beyond — even well beyond — what they had booked in 2019. We went into the field last Wednesday (March 24) to understand, at an aggregate level, how COVID-19 has impacted the SMBs that line the Main Streets and the side streets of our communities.

Maine 232

Maine Data Capital Study 232

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. local bank that retains the credit on their books), then perhaps a 5/1 mortgage should be the norm.

North Carolina 60

North Carolina Community Lending Community Bank 60

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.

Strategy 78

Strategy Community Bank Survey Marketing 78

PYMNTS

MARCH 15, 2019

has brought on a slew of changes in the small business community, and uncertainty persists even for professionals. Andre Kattoura, head accountant at small business accounting and tax services firm AccuAlly , explained to PYMNTS the friction SMBs face when they don’t outsource the accounting function. Tackling Tax. The CPA Steps In.

Taxes 193

Taxes South Dakota Software Survey 193

FICO

AUGUST 29, 2018

Earlier this year at FICO World 2018 , we held a session on the growing application of pricing optimization to mortgage loan books. We invited one of our clients, National Australia Bank to speak about its journey using this type of advanced analytics. Why was pricing optimization a priority for NAB? How do you see AI impacting NAB?

Video 49

Video Analytics National Strategy 49

PYMNTS

JUNE 10, 2016

The Cariocas startup community was launched in 2015 and is an example of the startup scene’s maturation, providing a place of support and information for startups in the city. More recently, Brazil has become known for many things; unfortunately, its growing tech community may not be at the top of the list. Efficiency Drives Growth.

Trends 100

Trends Community America Study 100