Abrigo

SEPTEMBER 16, 2019

Community bankers are largely positive about the future, based on the first results of a new index gauging business sentiment among the financial professionals who serve a critical role in local economies. The survey for the inaugural index included 512 FDIC banks responding from early in the second quarter through July 5.

Community Bank 150

Community Bank Community Policies Survey 150

PYMNTS

JUNE 25, 2019

Community financial institution (FI) Cross River Bank is acquiring Seed , a small business (SMB) digital banking company, reports in Reuters said on Monday (June 24). Seed members will be migrated to Cross River as the community bank expands with new offices in California and Oregon. reports said.

Community Bank 116

Community Bank Community Digital Banking FDIC 116

ABA Community Banking

AUGUST 25, 2020

FDIC-insured banks and savings institutions earned $18.8 billion in the second quarter of 2020, a 70% decline from a year prior, the FDIC reported today. The post FDIC: Bank Profits Fall amid Ongoing Pandemic; Community Bank Income Grows appeared first on ABA Banking Journal.

FDIC 45

FDIC Community Bank Community Report 45

ABA Community Banking

DECEMBER 1, 2020

FDIC-insured banks and savings institutions earned $51.2 decline from the year prior, but a significant improvement from the first half of the year, the FDIC reported today in its Quarterly Banking Profile. billion in the third quarter of 2020, a 10.7%

FDIC 64

FDIC Community Bank Community Report 64

ABA Community Banking

MARCH 30, 2022

Two reports released today by the FDIC provide data on consumer lending, deposit rates and branch closures in the wake of the COVID-19 pandemic. The post New FDIC Reports Chart Continued Effect of Pandemic on Banks appeared first on ABA Banking Journal.

FDIC 60

FDIC Report Lending Data 60

Abrigo

MARCH 9, 2015

The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. percent of community banks were unprofitable during the quarter. However, across all banks, fourth quarter net income fell by 7.9 percent to $36.9 percent from 2013.

Community Bank 150

Community Bank Community FDIC Industry 150

Abrigo

MARCH 9, 2015

The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. percent of community banks were unprofitable during the quarter. However, across all banks, fourth quarter net income fell by 7.9 percent to $36.9 percent from 2013.

Community Bank 150

Community Bank Community FDIC Industry 150

PYMNTS

APRIL 2, 2019

MOXY bank , preparing to be one of the first new community banks to launch in the U.S. in decades, has announced that it is working with technology solutions company NYMBUS to integrate its core digital banking and payment services.

Community Bank 117

Community Bank Community FDIC Washington 117

PYMNTS

JANUARY 9, 2018

Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index. Here, again, lies another opportunity for community banks to fill the void.

Community Bank 131

Community Bank Community Fintech Lending 131

Abrigo

SEPTEMBER 22, 2015

Earlier this month the Federal Financial Institutions Examinations Council (FFIEC) announced that it plans to lighten the regulatory load for small financial institutions by cutting back on data required for an institution’s quarterly call reports. The article allowed banking executives to weigh in on the subject.

Community Bank 150

Community Bank Community FDIC Survey 150

Abrigo

APRIL 23, 2015

A new bill proposed on April 16 aims to increase the exam cycle period for a larger pool of community banks. would make more banks eligible for an 18-month exam cycle as opposed to the norm of a 12-month schedule. If implemented, hundreds of additional banks would be eligible for the longer cycle.

Community Bank 150

Community Bank Community Survey FDIC 150

South State Correspondent

JULY 30, 2023

How should community banks target and compare their ROE to the industry and their peer group, and what defines a top-performing bank? Most importantly, is there an ROE level ensuring a bank remains long-term independent and healthy? Bank ROE Historical Performance Total assets for all FDIC-insured institutions was $23.7T

Community Bank 195

Community Bank Community Capital Policies 195

Abrigo

JANUARY 22, 2015

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia.

Community Bank 150

Community Bank Community Regional Cleveland 150

PYMNTS

FEBRUARY 24, 2016

23) that commercial banks and savings enterprises that it insures reported net income in the aggregate of $40.8 That growth, the FDIC said, came mainly from a $6.8 More than half of the 6,182 institutions that reported to the FDIC showed growth year over year in earnings in the latest quarter. said on Tuesday (Feb.

FDIC 100

FDIC Community Bank Maine Community 100

ABA Community Banking

MARCH 15, 2021

Farm banks have held up well despite challenges to the agriculture industry since 2014, and problem loan levels have remained modest, according to a new report from the FDIC. The post FDIC Report Highlights Continued Strength of Farm Banks Despite Periods of Challenge appeared first on ABA Banking Journal.

FDIC 59

FDIC Report Industry Community Bank 59

ABA Community Banking

MAY 24, 2022

FDIC-insured banks and savings associations earned $59.7 decrease from the year prior, the agency reported yesterday in its Quarterly Banking Profile. The post FDIC: Increase in provision expense drives bank net income down appeared first on ABA Banking Journal.

FDIC 52

FDIC Report Community Bank Community 52

Independent Banker

DECEMBER 31, 2022

While the pace of bank regulatory changes has diminished from a few years ago, several issues will either become effective or likely develop in 2023. Community banks must continue to stay focused on regulatory discussions and remain nimble to respond to proposals and address requirements quickly and accurately. Source: FDIC.

Compliance 100

Compliance FDIC Community Bank Community 100

South State Correspondent

APRIL 1, 2023

While banking returned to some semblance of normal, many banks continued under short-selling pressure. In this article, we recap the latest data on deposits and banking in order to give you an updated picture. The move also doesn’t address the systemic risk of balances held outside the banking system at non-banks (below).

Regulation 221

Regulation Community Bank Community Capital 221

Abrigo

NOVEMBER 24, 2015

Add FDIC Chairman Martin J. In prepared remarks for the release of the FDIC’s third-quarter version of the Quarterly Banking Profile , Gruenberg said growing interest-rate risk and credit risk warrant “timely attention” by banks and will “continue to be a focus of supervisory attention.”

FDIC 150

FDIC Lending Community Bank Industry 150

ABA Community Banking

MARCH 1, 2022

FDIC-insured banks and savings institutions earned $63.9 billion, the FDIC reported today in its Quarterly Banking Profile. The post FDIC: Bank Profits Rise in Fourth Quarter, Full Year appeared first on ABA Banking Journal. billion in the fourth quarter of 2021, a 7.4%

FDIC 64

FDIC Report Community Bank Community 64

ABA Community Banking

SEPTEMBER 8, 2021

FDIC-insured banks and savings institutions earned $70.4 billion in the second quarter of 2021, a 281% increase from a year ago, the FDIC reported today in its Quarterly Banking Profile. The post FDIC: Bank Profits Increase 281% in Second Quarter appeared first on ABA Banking Journal.

FDIC 59

FDIC Report Community Bank Community 59

ABA Community Banking

JUNE 25, 2019

Financial performance among minority depository institutions has significantly improved in the last five years, particularly in terms of loan performance, according to new research from the FDIC. The post FDIC Report: MDI Financial Performance Improved in Last Five Years appeared first on ABA Banking Journal.

FDIC 40

FDIC Report Survey Community Bank 40

American Banker

DECEMBER 16, 2020

The agency’s second in-depth study of the community banking sector pointed to continued challenges for local institutions from the pandemic and other headwinds, but many smaller banks are reaping the benefits of M&A and holding their own against larger competitors in key lending categories.

FDIC 65

FDIC Community Bank Report Study 65

CFPB Monitor

AUGUST 13, 2018

McWilliams stated that the FDIC’s top priorities included: (1) reducing regulatory burden on community banks; (2) increasing the speed with which the FDIC reviews charter and deposit insurance applications; and (3) assisting banks to introduce new financial products that serve underserved communities.

FDIC 68

FDIC Community Lending Guidelines 68

Jeff For Banks

AUGUST 2, 2021

2/ @Schornack The primary asset of the organization was Flagship Bank Minnesota, a Member FDIC and Equal Housing Lender with two locations in the Twin Cities Metro Area. 3/ @Schornack The bank was under a cease and desist order and struggling with a high level of troubled assets. I suggest following Andy on Twitter.

Community Bank 78

Community Bank Community Minnesota Metro 78

ABA Community Banking

OCTOBER 19, 2020

households that are unbanked continued falling in 2019, reaching 5.4%, the lowest rate yet recorded in a biennial FDIC report. The post FDIC: Share of Unbanked Americans Reaches Record Low in 2019 appeared first on ABA Banking Journal. The share of U.S.

FDIC 56

FDIC Report Survey ATM 56

ABA Community Banking

NOVEMBER 30, 2021

FDIC-insured banks and savings institutions earned $69.5 increase from a year before, the FDIC reported today in its Quarterly Banking Profile. The post FDIC: Bank Profits Up in Third Quarter as Capital, Liquidity Levels Remain Strong appeared first on ABA Banking Journal.

FDIC 59

FDIC Capital Report Community Bank 59

American Banker

JULY 1, 2020

Jelena McWilliams explains the agency's decision to enlist the help of tech innovators to modernize a reporting process that the coronavirus epidemic has exposed as outdated.

FDIC 76

FDIC Report Innovation Community Bank 76

ABA Community Banking

FEBRUARY 23, 2021

FDIC-insured banks and savings institutions earned $59.9 billion, the FDIC reported today in its Quarterly Banking Profile. The post FDIC: Bank Profits Rise in Fourth Quarter, Full Year Income Declines appeared first on ABA Banking Journal. billion in the fourth quarter of 2020, a 9.1%

FDIC 64

FDIC Report Community Bank Community 64

ABA Community Banking

MAY 26, 2021

FDIC-insured banks and savings institutions earned $76.8 increase from a year ago, the FDIC reported today in its Quarterly Banking Profile. The post FDIC: Bank Profits Strong in First Quarter Amid Economic Recovery appeared first on ABA Banking Journal.

FDIC 52

FDIC Report Community Bank Community 52

South State Correspondent

MARCH 13, 2023

The failure of SVB is the first example we can recall since the Savings and Loan crisis, where a bank failed mainly because of a duration mismatch between assets and deposits. On the liability side of SVB’s $173B in deposits at the end of 2022, approximately 97% were uninsured and above the $250k in FDIC protection threshold.

Risk Management 221

Risk Management Management Community Bank Community 221

ABA Community Banking

JUNE 10, 2020

Financial performance among minority depository institutions remained sound through the end of 2019, according to the FDIC's annual report on preserving and promoting MDIs. The post FDIC: Minority Bank Performance Remained Sound in 2019 appeared first on ABA Banking Journal.

FDIC 59

FDIC Report Community Bank Policies 59

Abrigo

MARCH 3, 2022

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

Lending Community Marketing Community Bank 195

Abrigo

APRIL 12, 2016

The FDIC is offering a fresh take on how a bank’s board of directors should understand and manage risk. The regulator’s April edition of Supervisory Insights provides what the FDIC called a “refresher” on its Pocket Guide for Directors, the 1988 booklet outlining the basic duties and responsibilities of a bank’s board of directors.

Management 150

Management FDIC Risk Management Community Bank 150

ABA Community Banking

MAY 25, 2021

million households were considered “banked” in 2019, with at least one member having a checking or savings account, according to FDIC figures that were highlighted in a new report from the American Bankers Association today on access to the banking system. An estimated 124.2

Report 58

Report FDIC System Community Bank 58

Abrigo

JANUARY 8, 2016

A lengthy report released recently by the U.S. The GAO acknowledged that community banks, credit unions and their professional industry associations reported increased compliance burdens and reduced activity in specific business activities, such as certain mortgage lending, as a result of Dodd-Frank. “For

Regulation 150

Regulation FDIC Survey Community Bank 150

Abrigo

MARCH 2, 2023

Experts have highlighted numerous lessons from Southwest’s experience, many of which can benefit bank and credit union executives, regardless of their institution size, as they manage competing priorities for spending and growth initiatives on banking solutions. Systems often fail at the worst time.

Technology 195

Technology Lending Community Software 195