ABA Data Bank: Majority of Community Banks Hold High Levels of Capital

ABA Community Banking

The post ABA Data Bank: Majority of Community Banks Hold High Levels of Capital appeared first on ABA Banking Journal. Community Banking Newsbytes Policy Community bank leverage ratio Community banking Regulatory capital

FDIC Final Rule Sets Community Bank Leverage Ratio at 9%

ABA Community Banking

The FDIC today approved a final rule allowing community banks with a leverage capital ratio of at least 9% to be considered in compliance with Basel III capital requirements and exempt from the complex Basel Calculation.

Community Banks Debut FinTech Alliance

PYMNTS

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings.

New Community Bank Sentiment Index Shows Bankers Largely Positive

Abrigio

Community bankers are largely positive about the future, based on the first results of a new index gauging business sentiment among the financial professionals who serve a critical role in local economies. How do you expect the regulatory burden on your bank to change over the next 12 months?

First New Community Bank In Decades Headed To US Market

PYMNTS

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. The U.S.

Finastra Gains Foothold Among Community Banks with Malauzai Acquisition

Bank Innovation

Finastra, which was formed from the union of Misys and D+H, and calls itself the world’s third largest fintech company in the world, has acquired American software company Malauzai in an attempt to strengthen its foothold in the American banking market.

ICBA: Building Bridges For The Next Generation Of Community Banks

PYMNTS

Community banking can be one of the most rewarding and most challenging areas of financial services in which to work — that’s the view, anyway, of Rebeca Romero Rainey, president and CEO of Independent Community Bankers of America (ICBA) , who recently joined the nation’s leading advocacy organization that exclusively represents community banks. She was chairman and CEO of her family’s bank before making the move to ICBA. “I

Chamber Of Commerce Backs Community Bank Bill

PYMNTS

Chamber of Commerce is voicing its support for legislation that would ease regulatory burdens for the nation’s community banks in an effort to improve access to funding for small business borrowers. Main Street businesses depend on community and regional banks for the financing necessary to get started, sustain operations, manage cash, make payroll and create well-paying jobs,” the letter stated. The U.S.

Community Banks Aim To Amplify Competitive Edge With FinTechs

PYMNTS

With big banks pulling back from small and medium-sized business (SMB) lending in the wake of the global financial crisis, the market was ripe for someone else to fill the credit gap. Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index. But small business lending is only one part of the banking puzzle.

Is Wells Fargo a Gift for Community Banks?

MZ Bierly Consulting, Inc.

Wells Fargo Just Gave Small Banks a Big Gift ( American Banker, September 15, 2016). After reading the American Banker article the week after the Wells Fargo news hit I polled about 20 community bankers on the subject. Here are a number of the replies, some from banks that complete with Wells, some that don’t. As an example, our COO did a beautiful job at a networking event sharing the bank’s culture, emphasizing family ownership and that “We are different.”

Community banks most likely to approve small business loans

Abrigio

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. Small regional and community banks had a much higher approval rate (90 percent) for those firms classified as “Growers.”

FDIC tries to ease small banks' concerns with capital rule revamp

BankThink

Regulators have redefined a simplified capital measure for community banks following criticism that their 2018 proposal did not go far enough. Regulatory relief Regulatory reform Minimum capital requirements Community banking Jelena McWilliams FDIC

FDIC 81

Community bank stress testing: Where to begin

Abrigio

While banks under $10 billion in assets aren’t technically required to stress test, recent data suggests the practice is becoming the norm. According to the Sageworks 2015 Bank and Credit Union Exam Survey , more than 40 percent of the 180 responding institutions had already begun stress testing, and it was recommended to 30 percent that they begin stress testing or expand current stress test practices. Blog Bank Credit Union

3 ways for community banks to capitalize on the “buy local” movement

Abrigio

Today’s youth and others across all age groups are placing a significant importance on consuming local food, developing local relationships and improving local communities. This is great news for community banks. Invest in community engagement.

Leveraging relationships: How community banks can win against mega-banks

Abrigio

Some of the most pressing challenges facing community banks and credit unions in the current banking environment include narrow interest rate margins, increasing pressure from regulators, and competition with “too-big-to-fail” mega-banks. One area where small community banks and credit unions have maintained an edge is in relationship lending. However, community banks and credit unions can still win with a community and relationship first focus.

Community Banks, Where Moving Beyond Interest Income Is In The (Credit) Cards

PYMNTS

Think of banking and you might think of lending and deposits, where firms make money on the spread between what they pay savers and what they take in from borrowers. But banks cannot live on interest alone. Additional financial products and services must round out traditional banking activities. The community banking model is based on customer relationships and the allocation of capital and extending loans.

Top concerns and growth strategies of community banks: Part II

Abrigio

This article is the second in a two-part series on top concerns and growth strategies of community banks. Everyone in the banking industry seems to be asking the same question these days: How can we facilitate growth? Blog Bank

FDIC: Community banks outperform industry in third quarter

Abrigio

To provide a report card on industry status and performance, the FDIC publishes a Quarterly Banking Profile. Results from the third quarter were just released, and while overall results were positive, community banks in particular excelled. Blog Bank Credit Union

FDIC 163

Longer exam cycle for more community banks?

Abrigio

A new bill proposed on April 16 aims to increase the exam cycle period for a larger pool of community banks. would make more banks eligible for an 18-month exam cycle as opposed to the norm of a 12-month schedule. OCC guidance on Community Bank Supervision states all national banks must receive a full-scope, on-site exam at least annually. A similar bill, commonly referred to as the Small Bank Exam Cycle Reform Act of 2015 , was introduced by Rep.

The Quiet Investor Community Banks Need to Know

American Banker

Shiv Govindan at Pilgrims & Indians Capital has kept a relatively low profile as a bank investor. But two key board appointments at struggling community banks promise to make him a more visible player in the industry.

How the 2016 Election Impacts Community Banks and Credit Unions

Abrigio

According to Sageworks’ Bank Information resource there are nearly 12,000 community banks and credit unions across the United States. With fiscal policy differences at the forefront of the upcoming presidential race between Hillary Clinton and Donald Trump, it is worth thinking about the role community banks play in representing their communities and the effects the election might have on those institutions. Blog Bank Credit Union

FCB Financial to buy Floridian Community Bank

BankThink

Community banking M&A Capital Growth strategies FloridaFCB will pay $88 million in cash and stock for Floridian in a deal that will boost its operations near Miami.

Miami 48

NCUA Should Propose the Equivalent of the Community Bank Leverage Ratio

Keith Leggett's Credit Union Watch

On June 20, 2019, the National Credit Union Administration (NCUA) Board delayed the effective date of the agency’s risk-based capital rule to January 1, 2022. The delay was meant to provide the NCUA Board time to consider additional improvements to credit union capital standards, including the equivalent of a community bank leverage ratio for credit unions. On September 17, the Federal Deposit Insurance Corporation finalized the community bank leverage ratio rule.

A slowdown with a silver lining in community banks’ future?

BankThink

The economy could “positively slow down in mid-2019” and consumer debt levels are a huge concern, but technology and lessons learned from the crisis could still create opportunity for small banks, says Beneficial’s Gerry Cuddy ahead of a big speech on current conditions. Capital Fintech M&A Community banking Consumer banking Small business lending Federal Reserve CSBS FDIC

Level One deploys capital from IPO to buy Ann Arbor Bancorp

BankThink

Community banking M&A Growth strategies Capital MichiganThe Michigan company will pay $68 million to expand in a high-priority market.

What Makes an Effective Community Banking Board?

Jeff For Banks

Over two years ago, I analyzed this same question , using top five and bottom five Return on Equity banks. I could find no correlation between professional backgrounds of board members and bank performance. Recall from the Top 5 post that I screened for low trading volume banks.

What Makes an Effective Community Banking Board?

Jeff For Banks

Over two years ago, I analyzed this same question , using top five and bottom five Return on Equity banks. I could find no correlation between professional backgrounds of board members and bank performance. Recall from the Top 5 post that I screened for low trading volume banks.

F.N.B. plans branching effort in nation's capital

BankThink

Community banking Consumer banking Branch network Washington DCThe Pittsburgh company will take a de novo approach to growth around Washington.

FDIC unveils long-awaited community bank leverage ratio

BankThink

The proposed 9% ratio for institutions with less than $10 billion of assets is designed to create a simpler capital regime for small banks. Minimum capital requirements Risk-based capital rule Capital requirements Basel Jelena McWilliams FDIC Federal Reserve

FDIC 57

How to reduce the regulatory burden on community banks

Abrigio

In recent months, the momentum around reducing the regulatory burden on the nation’s community banks has continued to gain steam. There are more than 6,000 banks and thrifts under $10 billion in assets and they are often less equipped to deal with complexities brought by additional regulations. However, the regulatory landscape continues to evolve, leaving resource-constrained community banks to cope with new demands. Blog Bank Credit Union

Agencies release update on capital proposal for CRE assets

BankThink

The federal banking regulators issued a new proposal Friday asking for further public comment on changing the definition of a “high volatility commercial real estate exposure.”. Minimum capital requirements CRE Community banks Risk-based capital rule Federal Reserve OCC FDIC

What's driving surge in sales of larger community banks

BankThink

Limited organic growth opportunities and rising premiums for bigger deals are fueling more sales of banks with $1 billion to $10 billion in assets. Community banking M&A Capital Growth strategies Durbin Amendment

Organizers start raising capital for proposed Utah bank

BankThink

The group behind Bank of St. George is looking to bring in up to $22 million in initial capital. Community banking De novo institutions Capital Utah

Utah 67

The Community Bank: Step Three – Donations

Social Assurance

The community bank series continues! Building upon what was already outlined with sponsorships and events, the next step towards further solidifying your position in the community comes in the form of donations. Connect with Community. community Display Marketing

The Community Bank: Step Two – Events

Social Assurance

Establishing yourself as the community bank is a process. Other insights are available covering topics such as donations, community drives, marketing and more. Capitalize on this fact by creating social media friendly content. community Marketing

How to Spend $1B: A Nice Problem Facing a Dozen Community Banks

American Banker

A dozen publicly traded banks have raised more than $1 billion in recent weeks, taking advantage of surging stock prices. Additional banks are expected to follow, setting the stage for more M&A and other growth moves.

How to Spend $1B: A Nice Problem Facing 10 Community Banks

American Banker

Ten publicly traded banks have raised about $950 million in recent weeks, taking advantage of surging stock prices. Additional banks are expected to follow, setting the stage for more M&A and other growth moves.

This community bank’s march to a different beat

BankThink

M&A Deposits Commercial lending Growth strategies Community banking Capital FDIC Federal ReserveTriumph Bancorp in Dallas has successfully taken chances on out-of-state acquisitions, factoring and other nontraditional strategies that many of its peers have avoided.

FinTech and Community Banking: Built for Marriage?

Jeff For Banks

Recent news of Prosper scaling back and OnDeck Capital's ongoing losses has taken a little shine off of the FinTech apple. Recently a former bank director and active bank stock investor asked me about the rise of FinTechs and how it impacts community banks.

A credit union's 'troubling' capital plan

BankThink

The NCUA is letting Union Yes in California raise capital by turning to temporary funding sources, which banks have complained is an example of the regulator's overreach. Federal credit unions Growth strategies Minimum capital requirements Community banking NCUA California

Signature Bank launches business to serve venture capital firms

BankThink

Community banking Venture capital Start-up fundingThe New York company formed the nationwide group after hiring a team of former Square 1 bankers.

Valley lands rare ‘backdoor capital raise’ with latest acquisition

BankThink

The New Jersey regional will have higher capital levels after buying Oritani Financial. Community banking M&A Growth strategies New JerseyThat was just one of the reasons why CEO Ira Robbins overcame his aversion to M&A.

These 9 CEOs Of Small & Community Banks Met With President Trump

Perficient Financial Servies

Last week, nine executives from small and community banks met with President Donald Trump and members of his administration to discuss the hurdles smaller financial institutions face day in and day out. The president expressed his deep appreciation for small banks and stressed the critical role they play when it comes to job creation, one of the more prominent campaign promises he ran on. We must ensure access to capital. We are going to preserve our community banks.”.