article thumbnail

How Community Financial Institutions Can Regain the Small Business Lending Market

Abrigo

In today’s banking world, community banks are focused sharply on shareholders’ expectations for growth in earnings and return on equity. So, how can community banks support earnings and ROE growth in the face of intense regulatory scrutiny and competitive pressures on profitability? Changing Lending Environment.

Lending 195
article thumbnail

Compliance burdens: Reducing bank products and services

Abrigo

The ABA’s 2015 Survey of Bank Compliance Officers , conducted February through March 2015, had participation from more than 450 financial institutions, with almost 80 percent being community banks. A recent Forbes commentary, Dodd-Frank, Community Bank Decline, And The Effect On U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why banking technology makes sense – recession or not

Abrigo

Banking technology decisions now affect future growth With the possibility of a recession, community financial institutions may consider a delay or cut in technology spending. But a community financial institution often has different needs related to origination than those of a giant lender. Experts say that would be a mistake.

article thumbnail

Stress testing revisited to avert risk and improve risk ratings

Abrigo

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. Learn more about stress testing methodology by downloading this guide, Actionable Stress Testing Results For Community Banks.

Columbus 150
article thumbnail

CECL implementation: Survey shows where peers are as 2023 nears

Abrigo

You might also like this: "Beyond CECL: Stress testing, ALM, and financial planning" DOWNLOAD. Takeaway 1 10% of banks and credit unions have completed CECL adoption, according to Abrigo's CECL implementation survey. For community banks specifically, they’re already reserving for a lifetime of credit losses,” he said.

Survey 195
article thumbnail

E-Signature Approval

Independent Banker

Webster says 75 percent of Private Bank’s borrowers select the electronic signature option after its loan officers explain the process to them. “We Community banks and their customers don’t need to be concerned about the legality of digitally signed documents. Lia webster, private bank of buckhead. Legal aspects.

article thumbnail

Study: Construction loan monitoring decreases loan defaults

Abrigo

Bank monitoring in construction lending. More construction loan monitoring ultimately decreases loan default, according to a new FDIC Center for Financial Research working paper. While it doesn't necessarily reflect the views of the FDIC, the paper includes preliminary findings from research by FDIC staff and an FDIC Visiting Scholar.

Study 195