American Banker

JANUARY 11, 2021

Organizers of First Bank of Central Ohio will need to raise $20 million before it opens.

Ohio 31

Ohio FDIC Capital 31

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

American Banker

MARCH 13, 2020

Organizers of Riverside Bank of Dublin will need to raise $18 million before opening.

Ohio 31

Ohio FDIC Community Bank Capital 31

Abrigo

AUGUST 9, 2017

In addition, “Management can use stress testing to establish and support reasonable risk appetite and tolerances, set concentration limits, adjust strategies and appropriately plan for and maintain adequate capital levels.

Columbus 150

Columbus Ohio FDIC Strategy 150

Jeff For Banks

JANUARY 28, 2016

This month, Old Fort Banking Company in Tiffin, Ohio gave us an answer. According to Internal Revenue Code Section 1042, an owner of a closely held C corporation can defer, and potentially eliminate, all state and federal capital gains taxes on their sale of stock to an ESOP. A recent FDIC analysis concluded this.

Taxes 60

Taxes Ohio FDIC Comparison 60

Independent Banker

SEPTEMBER 25, 2014

As David Barr, spokesperson for the FDIC, points out, “a vast majority of community banks remain well-rated and exhibit satisfactory corporate governance programs and compliance management systems.”. Implicit in managing operational risk is for banks to continue to maintain adequate capital and a solid balance sheet, he says.

Compliance 101

Compliance Regulation Community Bank Community 101

Independent Banker

APRIL 30, 2022

First Bank of Ohio. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. If we were to have capital levels more in line with peer averages, we would barely be able to originate and keep mortgage loans of any size. .

Community Bank 172

Community Bank Community Montana Taxes 172