Independent Banker

JULY 31, 2022

Observing the gap in pandemic relief in south Florida due to a lack of local community banks, a trio of banking veterans teamed up to form a digital-first community bank—and were granted a charter in record time to support local businesses. Name: Locality Bank. Keith Costello, Locality Bank. “We

Florida 91

Florida Community Bank Community FDIC 91

Jeff For Banks

JANUARY 12, 2019

The average 5-year total return for this group was 320%. Recall from the Top 5 post that I screened for low trading volume banks. The average 5-year total return for the group below was -31%. The average board size for this group was 12, and the average age was 66. Frequently asked. Seldom answered. See for yourself.

Community Bank 60

Community Bank Community FDIC Dallas 60

Jeff For Banks

JANUARY 12, 2019

The average 5-year total return for this group was 320%. Recall from the Top 5 post that I screened for low trading volume banks. The average 5-year total return for the group below was -31%. The average board size for this group was 12, and the average age was 66. Frequently asked. Seldom answered. See for yourself.

Community Bank 60

Community Bank Community FDIC Dallas 60

South State Correspondent

APRIL 30, 2022

In this article, we analyze the industry’s cost of funding earning assets (COF) and track how community banks’ COF behaves relative to larger banks. In future articles, we will explain our modeling for community banks’ COF based on inflation, Fed Funds rates, consumer consumption and the Fed’s balance sheet runoff.

Community Bank 195

Community Bank Strategy Community FDIC 195

PYMNTS

OCTOBER 17, 2017

ILCs are used to form industrial loan companies, better known as industrial banks. An industrial bank is an FDIC-insured depository institution that is generally subject to the same banking laws and regulations as any other bank charter type, with the important exception of the Bank Holding Act of 1956.

Industry 108

Industry Fintech FDIC Community Bank 108

PYMNTS

FEBRUARY 19, 2019

As concerns are raised about how industry consolidation might impact competition, Federal Reserve Chairman Jerome Powell is warning that it could hinder small businesses’ access to capital and financial services. He pointed to the Community Reinvestment Act, which encourages banks to loan to small businesses.

Marketing 108

Marketing Community Community Bank Industry 108

CFPB Monitor

AUGUST 20, 2020

FFIEC : On June 5, 2020, the members of the FFIEC (FDIC, OCC, Federal Reserve Board (“FRB”), CFPB, NCUA and the State Liaison Committee) issued an unprecedented statement on the importance of financial inclusion. This blog post contains a summary of those efforts. A link to our prior blog post about these developments is available here.

Regulation 78

Regulation FDIC Community Lending 78

PYMNTS

MAY 22, 2018

“The bill also gives regulators more discretion in deciding when to require stress tests of capital adequacy for banks with between $100 billion and $250 billion in assets in the event of another crisis,” according to a summary of the bill in MarketWatch. PIRG, a group of state-based public interest research groups.

Regulation 100

Regulation Regional Community Community Bank 100

Independent Banker

JUNE 30, 2022

The Peoples Bank helped the Jones family of Legacy Dairy in Hiseville, Ky., From left, Ally Jones; bank chairman, president and CEO Terry L. Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. The bank provides crop insurance to farmers in 11 states.

Community Bank 172

Community Bank Community National Philadelphia 172

Jeff For Banks

JUNE 2, 2023

Finally, resolution of failing financial institutions requires that the deposit insurance fund be strongly capitalized with real reserves, not just federal guarantee.” Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate? To you, manage your interest rate risk.

FDIC 78

FDIC Community Bank Regulation Lending 78

Jeff For Banks

APRIL 25, 2015

I don't think de novo banks are key players to business startup capital formation. Sure, if you cite studies that say these banks' loan books are predominantly small, as the FDIC measures them. But that is because de novo's are limited to making a loan to one borrower of 15% of their capital position.

FDIC 60

FDIC Capital Community Bank Lending 60

Jeff For Banks

DECEMBER 16, 2022

Short-term focus is a common trait of banks that focus on shareholder primacy over stakeholder primacy. Total return includes two components: capital appreciation and dividends. Silvergate Capital Corporation (NYSE: SI) #2. SVB Financial Group (Nasdaq: SIVB) Here is this year's list: #1. MetroCity Bankshares, Inc.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

American Banker

OCTOBER 31, 2023

A $35 million capital bump from a once-hostile investor group may have helped the Philadelphia bank avoid collapse. Still, it reported $30 million of quarterly operating losses and heavy securities risk in a recently filed call report.

Philadelphia 36

Philadelphia Capital Groups Security 36

Jeff For Banks

MARCH 5, 2021

A bank trade association CEO asked me a couple of questions while he was researching an op-ed piece. Shouldn't the CFPB work to address the impediments to starting a bank in LMI markets rather than punish community banks who scrambled to serve their customers when the economy shut down? The edited Q&A is below.

Regulation 78

Regulation Indiana Charlotte Community Bank 78

American Banker

APRIL 16, 2021

(..)

Virginia 38

Virginia FDIC Groups Community Bank 38

Jeff For Banks

MARCH 29, 2014

These services are provided through a variety of delivery systems including automated teller machines, private banking, telephone banking and Internet banking. We believe we can effectively compete as a community bank in our market area and the niche markets we serve. Texas Capital Bancshares, Inc.

Strategy 101

Strategy Texas San Antonio Fort Worth 101

Jeff For Banks

DECEMBER 26, 2012

My method was to search for the best banks based on total return to shareholders over the past five years. capital appreciation and dividends. Today the bank has more than 100 offices in seven states. It''s growth since 2010 has been fueled by seven purchases of failed banks. Texas Capital Bancshares, Inc.

Texas 79

Texas National FDIC Capital 79

Independent Banker

DECEMBER 13, 2015

Even if you’re not required to use either version of the Cybersecurity Assessment, beta users say it can help your community bank gauge its cybersecurity risks and ultimately guard against cybercrime. At the Bank of Luxemburg, a $290 million-asset community bank in Luxemburg, Wis., Real-world testing. “I

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 24, 2015

Even if you’re not required to use either version of the Cybersecurity Assessment, beta users say it can help your community bank gauge its cybersecurity risks and ultimately guard against cybercrime. At the Bank of Luxemburg, a $290 million-asset community bank in Luxemburg, Wis., Real-world testing. “I

Tools 70

Tools Community Community Bank Security 70

Jeff For Banks

APRIL 14, 2022

2019 Mehrsa Baradaran Baradaran, Mehrsa The Color of Money: Black Banks and the Racial Wealth Gap 2019 Neil Barofsky Barofsky, Neil Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street 2012 Patricia Beard Beard, Patricia Blue Blood and Mutiny: The Fight for the Soul of Morgan Stanley 2007 Ben S.

America 78

America National Denver United States 78

American Banker

AUGUST 4, 2020

First Bank of Central Ohio would be based near Columbus, where another group opened a bank last year.

Ohio 47

Ohio Columbus Groups FDIC 47