South State Correspondent

APRIL 18, 2023

In recent articles ( here and here and here ), we discussed why banks that take risks to earn higher revenue demonstrate lower performance as measured by return on assets (ROA). Empirical evidence, historical bank failures, and common sense teach us that many risks do not translate to higher yields. uses at our bank.

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Strategy Regional Industry Community Bank 195

South State Correspondent

APRIL 3, 2023

Empirical evidence, historical bank failures, and common sense teach us that many risks do not translate to higher yields. The second article compared and contrasted community banks’ pay-for-risk and relationship business models. Top-performing community banks deploy relationship banking.

Community Bank 195

Community Bank Community Lending Marketing 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

Independent Banker

SEPTEMBER 30, 2021

Under Larry Wilson’s leadership, First Arkansas Bank and Trust’s branch on the Little Rock Air Force Base was named the 2020 Air Force Bank of the Year. Community banks operate on a majority of the country’s military installations. Community banks comprise more than two-thirds of the 66 banks operating on U.S.

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Arkansas Community Bank Community Operations 168

Independent Banker

AUGUST 31, 2022

of adults have left a job to get away from a manager as a way to improve their overall life. Source: Gallup, “State of the American Manager” report. However, community banks have a big opportunity to stand out from the crowd of potential employers.”. Malvern Bank’s personal touch. Eclipse Bank: Team members first.

How To 91

How To Louisville Community Bank Training 91

Abrigo

JANUARY 17, 2023

This new portal has an artificial intelligence AI integration and is to be the best-of-breed customer experience in all of banking. A lot of us used a customer portal for PPP Lending due to the mere volumes of customer loan requests and documents flowing to/from the bank and the customer. They are: . Digital lending.

Lending 195

Lending System Customer Experience Case Study 195

Jeff For Banks

FEBRUARY 4, 2023

Overall, the US economy is on a path of recovery, but the pace and strength of the recovery will depend on the course of the pandemic and the success of vaccination efforts. Me to ChatGPT: What is the outlook for the US economy? Me to ChatGPT: What is the outlook for US banks? But TV talking heads should be worried.

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United States US Cyber Security Taxes 78

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. Deepening roots.

Texas 182

Texas San Antonio Community Bank Community 182

Jeff For Banks

JUNE 10, 2022

And outside stakeholders with money at risk can teach us about value whether or not your financial institution is valued by shareholders every day. Jim is a 40 year industry veteran that serves on numerous bank boards because Patriot favors making investments where they obtain board seats. Butterfield and Son Limited. Technology?

Conference 78

Conference Taxes Strategy Community Bank 78

Abrigo

NOVEMBER 7, 2019

Strategies to lessen the impact of CECL on smaller community banks. Usually, a problem is either brought to us, or we identify a problem. This brings us to cost-benefit. How to lessen the impact of CECL on smaller community banks. WARM was geared specifically to community banks. Now that's big.

Community Bank 150

Community Bank Community Lending Analysis 150

Independent Banker

OCTOBER 31, 2021

Community bankers tell us why. First State Bank & Trust in Williston, N.D., started developing its digital lending platform about three years ago—and the bank is really glad it did. “I’m Community banks have really propelled themselves into this journey in a fantastic way. By Beth Mattson-Teig.

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Lending Community Bank Community North Dakota 91

South State Correspondent

MARCH 16, 2022

One element that many commercial banks attempt to differentiate with borrowers is the prepayment provision (or sometimes the lack of one). Many community banks will market their fixed rate loans based on the simplicity of the prepayment provision, and this starts by understanding the value that each provision creates.

How To 195

How To Community Bank Community National 195

Independent Banker

JUNE 30, 2022

But there are ways community banks can help mortgage-seekers get on the property ladder. Burmis, senior vice president and retail lending manager at $450 million-asset Chelsea State Bank in Chelsea, Mich. So how can community banks help? Credit experience is important to us,” says Masters.

Community Bank 143

Community Bank Community Millennials Resources 143

Gonzobanker

MAY 31, 2019

article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that don’t find new ways to serve them digitally are going to face a “reckoning.” Institutions are “spreading” financial statements for electronically provided tax returns or financial statements.

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Lending Community Bank Community Data 136

Independent Banker

OCTOBER 1, 2022

By identifying the preferred banking and spending habits of different generations, scammers can tailor how they reach their targets. We look at community banks’ options for fighting this type of crime. Brandon Koeser, RSM US LLP. By Katie Kuehner-Hebert. Rehman Khan, Travelers. Targeting boomers.

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Fraud social media Millennials Examples 133

Jeff For Banks

JUNE 2, 2023

To you, manage your interest rate risk. When the Taxpayer Relief Act of 1997 passed, the top capital gains tax rate was lowered, providing yet another incentive for equity speculators to pour money into the fledgling internet industry. Most of the more than 500 financial institutions that failed were community banks.

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FDIC Community Bank Regulation Lending 78

Independent Banker

AUGUST 27, 2015

IB: Along with its banking operations, Community National Bank manages about $250 million in personal and institutional assets through its trust and investment management department. Tell us about that. We manage charitable and personal trusts, IRAs and, of course, settle estates.

Community 70

Community Community Bank Texas US 70

Jeff For Banks

MARCH 21, 2024

It was not until May 11, 2023, that the US national emergency was lifted, but sadly, the free cash handouts continue. This development could give us good news on inflation. High debt levels continue to harm GDP as the US Treasury issues new debt with abandon and the politicians hand out money like candy. 2024 could exceed -$2.0

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Marketing Policies Report Atlanta 146

Jeff For Banks

OCTOBER 25, 2018

Economic growth picked up strongly in the second quarter, with a reading of +4.2%, as momentum from the tax cuts and deregulation pushed spending and investment higher. The Fed has now given us eight rate increases totaling 2.00% since December, 2015. Even US growth is weaker than average. US household debt is at $13.3

Marketing 66

Marketing US Taxes Trends 66

Jeff For Banks

NOVEMBER 1, 2017

Neither GDP or inflation look to soar anytime soon, leaving us with Fed actions that will put upward pressure on short term and long term that will lead to lower GDP growth and lower inflation. Tax cut and tax reform proposals have been floated. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

Marketing 60

Marketing Taxes DC Community Bank 60

Jeff For Banks

DECEMBER 13, 2018

As a point of reference, the SNL US Bank & Thrift index total five year return was 45%. This is clearly a turnaround situation, as the bank lost over $12 million in 2010, over 20% of its capital (ouch). But once they turned things around they took their deferred tax asset back onto their books and did three acquisition.

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Oregon Ohio California Community Bank 101

Jeff For Banks

AUGUST 12, 2018

By the time it was clear to all of us that the economy was being dragged down by the housing and mortgage crisis, the Fed finally lowered rates, but it was too late. This is because the economy has been gaining momentum, however modest, from the tax cuts and deregulation. US Treasury debt now stands at 103.9% since that time.

Marketing 60

Marketing Philadelphia Omaha US 60

Jeff For Banks

APRIL 27, 2019

The yield curve had begun to invert in early March, 2019 in response to economic slowdown fears and a flight to quality began where demand for US Treasury bonds increased, pushing longer-term rates down. I along with countless other managers and investors were finally happy. The impact of the tax cuts has faded.

Marketing 60

Marketing Community Taxes Community Bank 60

Independent Banker

MARCH 15, 2015

It was a prescient move for Hartings and the $450 million-asset community bank, which comfortably weathered the downturn even though residential mortgages are its biggest business line—but not everyone appreciated Hartings’ common-sense approach at the time. “It Jack got us through that just fine. Membership-Marketing.

Ohio 70

Ohio Community Bank Community Lending 70

Jeff For Banks

FEBRUARY 1, 2019

US stocks erased all gains in 2018 and ended the year down 4% to 6%. Meanwhile, while stocks were displaying their volatile price swings, US Treasury yields for longer-dated issues were declining by.45% Dorothy has been with Penn Community Bank and its predecessor since November, 2004. 19% at year-end, 2018, down from.52%

Marketing 60

Marketing Community Bank Community Risk Management 60

Independent Banker

MARCH 31, 2022

We asked community banks how they’re dealing with the resulting shifts in their employment models. Before remote work was an emergency measure to keep employees safe from a devastating virus, it was a perk some community banks offered to retain and attract talent. One bank that is not turning back. WesBanco, Inc.

Missouri 142

Missouri Community Bank Community Management 142

Jeff For Banks

DECEMBER 1, 2015

This highlights an important banking concept: revenues are mostly driven off of balances, not activity. And the rest of us are increasingly buying online. Since 2006, community banks have recognized the need for greater balances in branches to improve profitability. Not very inspiring.

Pennsylvania 60

Pennsylvania Community Bank Community Taxes 60

Jeff For Banks

APRIL 12, 2018

Pretty soon we’ll be left with small to mid-sized business loans and commercial real estate that isn't big enough for large banks or conduits. Mortgage lending is getting away from us. Most community financial institution strategies has some sort of “community” focus. Even the big banks. Which nearly everyone does.

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Lending Resources Community Metro 60

Gonzobanker

DECEMBER 19, 2017

One word can summarize this action-packed banking year, GonzoBankers – tiring. This year brought us: Mergers out the yin-yang. Heavy core conversions weighing us down. Endless CRM and data management projects that shook our foundations and gutted our PMOs. THE BANKING AWARDS. GonzoBanker of the Year – Large Banks.

Conference 101

Conference Industry Community Bank Community 101

Gonzobanker

DECEMBER 17, 2021

Performance and multiples continue to be solid, outperforming most regional banks. Congrats to Randy and a great management team. Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships.

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Fintech Strategy Leadership Lending 147

South State Correspondent

MARCH 15, 2023

While we wrote about the root cause of the failure of Silicon Valley Bank (SVB) HERE , the lessons of the current banking crisis go beyond interest rate risk management. While interest rate risk caused the most significant impact on value, several other factors contributed to the terminality of each bank that was closed.

social media 195

social media FDIC Branding Management 195

South State Correspondent

MAY 1, 2024

With financial hardship, competition from dominant players, and a startup budget, Gentle Monster faced many of the same challenges as a community bank. How Banks Can Leverage: Niche markets abound in banking, and community banks are in the perfect position to create a following on a national level should they desire.

Innovation 195

Innovation social media Branding Marketing 195

South State Correspondent

JUNE 13, 2022

Banks that are looking to enhance their risk management practices should consider incorporating the concept of the velocity of risk into their enterprise-wide risk management practices. One morning, President Trump tweeted his desire for an additional tax on all foreign-owned companies operating in the US.

Risk Management 195

Risk Management Examples social media Management 195

Gonzobanker

FEBRUARY 7, 2018

Nothing seems to put a bounce in a banker’s step more than a tax break and regulatory relief, and this bountiful energy was radiating at Bank Director’s annual “mecca” for bank M&A in Phoenix last week – Acquire or be Acquired. For those in the know – simply AOBA.

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Taxes Video Analytics Arkansas 76

Jeff For Banks

APRIL 22, 2018

I’m sure we won’t get much sympathy from places like Chicago, Buffalo, and Erie, but they signed up for winters like this, not us here in Philly. Don’t get me wrong, the US economy is doing well, given the environment and volatility and is expected to outperform Europe and Japan. Gas prices remain below $3.00

Marketing 60

Marketing Philadelphia social media Taxes 60

Jeff For Banks

FEBRUARY 3, 2017

Who is ready for all of the change that is about to be upon us? He has used his slogan of Make America Great Again to show that his focus will be on the US and the US economy. Most recoveries in the US have averaged far more than that. So what has been holding us back? Change Happy 2017, everyone!

Marketing 60

Marketing Taxes Regulation US 60

Jeff For Banks

NOVEMBER 16, 2020

The markets believe the chance of tax hikes, repeals of tax cuts, and gigantic initiatives are greatly diminished. Did you manage a vacation over the summer? When the election is finally behind us, we can work on the things voters said were their priority- the economy, the pandemic, and health care. trillion, or 127.6%

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Marketing National New York City Taxes 78