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Stress testing revisited to avert risk and improve risk ratings

Abrigo

First City Bank, a $60 million-asset institution in Columbus, Ohio, has been performing bottom-up stress testing on their portfolio for over six years. Like First City Bank, financial institutions can use the results of this type of stress testing to understand potential risk migration and to develop better risk rating strategies.

Columbus 150
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Organizers propose new bank in Ohio

American Banker

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

Ohio 47
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The Thinker

Independent Banker

While out-of-town lenders gave money to customers requiring no down payments to buy overpriced homes that they couldn’t afford, Hartings, the president and CEO of The Peoples Bank Co. in Coldwater, Ohio, and ICBA’s incoming chairman, held fast to his community bank’s conservative lending practices.

Ohio 70