Independent Banker

MARCH 31, 2022

Whether achieved by internal or external resources, community banks provide valuable support for small businesses. By providing “bonus” services to small businesses, such as startup loan programs and referral services, community banks prove themselves to be reliable financial partners, with mutually beneficial results.

Community Bank 91

Community Bank Wisconsin Community Resources 91

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. Takeaway 2 Reports that assess capital, growth, and liquidity provide banking professionals data to drive decisions.

Report 195

Report Risk Management Capital Data 195

Independent Banker

APRIL 30, 2022

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success.

Community Bank 172

Community Bank Community Montana Taxes 172

South State Correspondent

JULY 5, 2022

As a reference, the market expects short-term rates to increase by another 1.77% for the rest of 2022. We concluded that obligors showing less than 1.50X DSCR would be most at risk, but the average community bank underwrites to 1.20X DSCR. The most simple form of this calculation is the direct capitalization method.

Management 195

Management Capital US Community Bank 195

Independent Banker

JANUARY 31, 2022

Ken Finley, president of Johnson City Bank, in downtown Johnson City with Shannon Sultemeier, executive vice president (left); and Brenda Haynes, vice president/cashier (right). Here’s how four community banks are thriving in this environment. Photo by Dennis Burnett. By Mindy Charski.

Texas 182

Texas San Antonio Community Bank Community 182

Jeff For Banks

DECEMBER 16, 2022

The first bank to crack the Top 5 over $50 billion did so in 2020. As a reference, the best SIFI bank in five-year total return this year was JPMorgan Chase at 82nd overall. My method was to search for the best banks based on total return to shareholders over the past five years. MetroCity Bankshares, Inc. Refreshing!

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

Jeff For Banks

DECEMBER 29, 2020

The first bank to crack the Top 5 over $50 billion did so this year. As a reference, the best SIFI bank in five year total return was JPMorgan at 33rd overall. My method was to search for the best banks based on total return to shareholders over the past five years. First Capital, Inc. FS Bancorp, Inc.

North Carolina 147

North Carolina Capital Community Bank Wisconsin 147

Jeff For Banks

DECEMBER 13, 2018

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 than those that make those investments. Total return includes two components: capital appreciation and dividends. Welcome to the list! #2.

Oregon 101

Oregon Ohio California Community Bank 101

Jeff For Banks

DECEMBER 7, 2019

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 than those that make those investments. Total return includes two components: capital appreciation and dividends. First Capital, Inc.

Indiana 78

Indiana Oregon South Dakota Community Bank 78

Gonzobanker

MAY 8, 2015

Jamie Dimon, CEO of JPMorgan Chase, said it best in his recent letter to shareholders with his reference to emerging digital lenders. As the sessions progressed a theme began to manifest that the traditional banking model has failed our customers and these digital lending platforms intend to reshape the industry, one process at a time.

Conference 60

Conference Lending Community Bank Community 60

Fintech Labs Insights

NOVEMBER 16, 2020

Founder George Cook 6th generation community banker and a passionate entrepreneur. The startup crowdsources loans for much-needed expansion capital to main street businesses. It’s a great mission and a solid business model (bascially what community banks have done for more than a century). Company vitals.

Fintech 15

Fintech Atlanta Community Community Bank 15

Independent Banker

AUGUST 27, 2015

So when that happened in our market, it really created a void for a community bank to offer these kinds of services. We get most of our trust business from referrals on the commercial side of the bank, from the lenders to the tellers. We’ve trained them on what a prospect is, so they recognize that and they refer them to us.

Community 70

Community Community Bank Texas US 70

PYMNTS

MAY 31, 2017

That brings up some questions for banks: What are the opportunities for banks with debit, and with branches, and even with ATMs? In short, how to tangibly capitalize on the tangible? Ours is not yet a digitally dominated world, as the slow uptake of payments by mobile wallet confirms.

ATM 100

ATM Millennials Cards Management 100

Gonzobanker

DECEMBER 17, 2021

Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. Eric has always been a student of innovation, and now at Coastal, this fearless leader has spearheaded a number of high-profile banking-as-a-service partnerships. Since 2017, ROAE has grown from 7% to approximately 20% and ROAA has increased from.82% 82% to over 2.3%

Fintech 143

Fintech Strategy Leadership Lending 143

South State Correspondent

APRIL 6, 2022

Change 1: Cost of Capital and Capital Allocation. Back in 2020, banks’ capital cost was at a record low as it averaged a little under 6% for the industry. Now, the cost of capital has been up 44% since then. Below is our current weighted cost of capital for different-sized banks.

Capital 195

Capital Training Management Atlanta 195

ABA Community Banking

MARCH 9, 2022

The post Tester: Libor Fix Legislation Is in Must-Pass Spending Bill appeared first on ABA Banking Journal. A bipartisan, ABA-advocated bill to address “tough legacy” Libor contracts is included in the omnibus spending bill that Congress is expected to pass in the coming days, Sen. Jon Tester (D-Mont.)

Washington 59

Washington Community Bank Policies Community 59

PYMNTS

APRIL 9, 2020

And while he’s heard anecdotal accounts, thus far he has yet to directly encounter a bank that has done the paying or an SMB that has received funds. Second: Eliminate The Capital Crunch . That then limits how many PPP loans any bank can process for their SMB customers who are interested in the program. Edwards said.

Lending 285

Lending Capital Washington Risk Management 285

Jeff For Banks

MARCH 27, 2010

If your bank has brokered deposits, Internet deposits, jumbo CDs, rewards checking, and in some cases CDARs, a regulator near you may be calling to order you to seek more traditional funding. This line of reasoning centers on cost of deposits and equates high-cost deposits with less loyal customers… commonly referred to as “hot money”.

Indiana 60

Indiana FDIC Strategy Regulation 60

Independent Banker

NOVEMBER 30, 2021

Many hotels and other hospitality businesses haven’t fully bounced back from COVID-19 travel and safety restrictions, but community banks have been by their side through the challenges. MainStreet Bank has a sizable hotel loan portfolio with roughly $100 million in loans on 15 properties. By Beth Mattson-Teig.

Community Bank 209

Community Bank Community Texas Dallas 209

Abrigo

APRIL 7, 2022

At recent Abrigo CECL Kickstart webinars, consultants demonstrated CECL implementation practices with an emphasis on the needs of community banks and credit unions. Institutions may not be able to rely on input data or a reference pool of loans reflecting accurate loan data from a representative institution. Keep me informed.

Policies 195

Policies Data Examples Lending 195

Gonzobanker

OCTOBER 15, 2014

My heart goes out to the hard working professionals who run the Treasury Services or “Cash Management” divisions at community banks. And they have never asked for much of the bank’s capital to win these big deals. Sure, it’s easy to poke fun at the big banks for being slow and bureaucratic.

Management 101

Management Community Bank Community Resources 101

Abrigo

JULY 28, 2021

Banks and credit unions also need to determine what data has been tested or historically reconciled to make sure that gaps and inconsistencies do not cause problems. Doing so provides reference into some data sets that a financial institution might need to collect going forward, she added.

Resources 195

Resources San Antonio Data Regulation 195

Gonzobanker

DECEMBER 22, 2015

Community bank marketing resources. With market opportunity heating up and big bank and big credit union competitors hitting hard, too many community banks lack marketing resources … or they have 2X more spending in sponsorships than the campaigns, analytics and digital sales improvements that actually bring in new business.

Community Bank 60

Community Bank Apple Community Technology 60

Fintech Labs Insights

JULY 22, 2015

CoreIQ is a marketing automation system developed by Onovative that speeds onboarding and broadens cross-selling opportunities for community banks and credit unions. One observer at FinovateSpring 2015 referred to Onovative as “Mailchimp for Banks and Credit Unions.” Raised $400,000 in capital.

Technology 12

Technology Marketing San Jose Community Bank 12

Fintech Labs Insights

JULY 22, 2015

Fidor Bank introduced community banking five years ago. Now it is the first bank to offer open RESTful APIs with OAuth2.0, Personal Capital will show the inner workings of a truly data-driven retirement planner based on user’s aggregated data, enhanced by machine learning.

San Francisco 12

San Francisco Video Fintech Data 12

Fintech Labs Insights

SEPTEMBER 1, 2015

Buzz Points partners with community banks and credit unions to reward consumers for buying local and banking local. Dealflow is building the largest channel for online capital formation. ebankIT is an Omnichannel Banking software company that delivers the latest innovative solutions in financial technology.

Company 12

Company Software Analytics Mobile 12

PYMNTS

JANUARY 17, 2019

The main concern, according to Waters, is to balance the needs to protect investors and consumers, as well as the community banks that she believes are at risk as a result of their entry into the market. Apart from oversight and investigation, Waters also plans to push for aggressive reform of housing finance.

Lending 134

Lending Community Bank Maine Policies 134