South State Correspondent

OCTOBER 23, 2022

Speed and Magnitude of Past Rate Hikes in Comparison. Application to Community Banks. While we broke down the seven waves of impact that banks need to be concerned about across the enterprise ( HERE ), there are several immediate risks from inflation and persistently rising interest rates for community banks.

Community Bank 221

Community Bank Community Meeting Lending 221

South State Correspondent

MAY 23, 2022

Customers and competitors are challenging community banks to extend loan duration – borrowers are eager to lock fixed rates before they rise further, and many competitors are happy to oblige. But what are the optimal fixed terms for community banks given today’s interest rate, credit, and liquidity environment?

Lending 195

Lending Community Bank Community Capital 195

South State Correspondent

FEBRUARY 12, 2023

The average community bank’s cost of funding is highly correlated to Fed Funds and SOFR (for the industry, the correlation has been 94% with a six-month lag over the last 20 years). The borrower chose the ten-year fixed-rate option, and the economic comparisons for the lender and borrower are outlined below.

Community Bank 195

Community Bank Community Case Study Strategy 195

South State Correspondent

NOVEMBER 7, 2023

One successful loan proposal tactic for community banks to improve their acceptance rate is to embrace the old marketing rule of the “power of three.” Positioning through comparison is a potent tool. We review hundreds of term sheets and proposals for commercial borrowers each month.

Community 195

Community Comparison Tools Marketing 195

Independent Banker

AUGUST 31, 2022

Community banks can get up to speed on current legislation and regulations to both protect their customers from unauthorized or false deposit account transactions and to prevent them from happening in the future. of Regulation E specifies the timing and steps banks must take to investigate and resolve EFT errors consumers allege.

Community Bank 91

Community Bank Regulation Community Training 91

South State Correspondent

JANUARY 30, 2024

Regarding the treatment of bank IT expenses, 75% of the budget is structured as an expense and charged within a given year. In comparison, 25% is capitalized and depreciated over three, five, or ten years, depending on the nature of the expense. Below are some of our favorite questions to discuss to ensure bank alignment.

Capital 195

Capital Operations Customer Experience Comparison 195

Gonzobanker

JANUARY 14, 2016

Hey, community bank and credit union marketers: Imagine that you’re sitting in your office, and your CEO comes in and says, “Got a minute? In many community-based FIs, however, Marketing isn’t good at doing that. 2) Commonwealth Bank. ” You’ve got a minute. What do you say? ”].

Community 60

Community Marketing Mobile US 60

Jeff For Banks

DECEMBER 16, 2022

Before we begin and for comparison purposes, here are last year's top five , as measured in December 2021: #1. Each employee has an ownership stake in the bank through its Employee Stock Ownership Plan. Silvergate Capital Corporation (NYSE: SI) #2. MetroCity Bankshares, Inc. Nasdaq: MCBS) #3. Triumph Bancorp, Inc. Nasdaq: TBK) #4.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

Independent Banker

OCTOBER 1, 2021

For the purposes of the Q2 2021 UBPR, regulators placed a Texas-based community bank into a nationwide group of other banks with assets between $300 Million and $1 Billion (“PG5”). for the bank and an average value of 3.40 Example: Net Interest Margin (NIM). Looking at NIM, in Q2 2021, the UBPR indicated a value of 3.52

Analysis 91

Analysis Texas Groups Examples 91

PYMNTS

FEBRUARY 19, 2018

According to a report, the new group of banks to now support Apple Pay include American Eagle Financial Credit Union, Central Virginia Federal Credit Union and Community Bank & Trust of Florida, among others. percent — of payments executives are focused on price comparison tools.

Payments 144

Payments Apple Comparison Virginia 144

PYMNTS

SEPTEMBER 18, 2017

The ABA also expressed concerns that, once data is collected and organized, manipulation in how that data is categorized and analyzed could lead to “contrive[d] assertions of discrimination in small business lending.”.

Data 101

Data Lending Comparison Community Bank 101

South State Correspondent

SEPTEMBER 13, 2023

and $2.50, with most banks around $1.00 A comparison of incremental fees is below for comparison. Payment Innovation Will Drive Larger Value However, operating balances and transaction fees are the tip of the iceberg for banks. Outbound or send transactions are priced between $0.25 However, we are not the only choice.

Payments 221

Payments Fraud Data Taxes 221

Abrigo

AUGUST 11, 2016

Credit unions have taken note of this trend and responded, producing eight out of the top 10-rated banking apps, according to a ranking by MagnifyMoney , a financial-product comparison website. Bank acquisitions by credit unions did not exist until 2011, when St. out of 5 points, where 5 points is a perfect user rating.

Michigan 150

Michigan Milwaukee Indiana Wisconsin 150

Abrigo

OCTOBER 23, 2014

CEIS Review , a New York-based bank consulting firm, highlights the shift in a recent article. Community banks certainly want to remain conservative with risks and follow regulations. When these reports aren’t provided, the bank is at risk of suffering loan portfolio quality problems that aren’t easily remedied.

Risk Management 186

Risk Management Management Lending Resources 186

Independent Banker

APRIL 28, 2016

I also focus on budgets, loan and deposit growth, net interest margins, quarterly comparison reports, and the banker’s view of his or her local economy. Finally, I focus on economic news in our markets, which include five communities south of Houston. We are staffed by 100 employees, who are very involved in their communities.

Dallas 131

Dallas Texas Houston Community 131

Jeff For Banks

JUNE 2, 2023

Between 1980 and 1995, more than 2,900 banks and thrifts with collective assets of more than $2.2 More recently and by comparison, the mortgage meltdown and subsequent global financial crisis took down more than 500 banks between 2007 and 2014, with total assets of nearly $959 billion. trillion failed.

FDIC 78

FDIC Community Bank Regulation Lending 78

Independent Banker

JANUARY 26, 2016

As community banks attempt to grow funding for expanding their loan portfolios, most turn to a tried-and-true method: They promote a certificate of deposit “special.” that provides interest rate and product comparison information to financial institutions. Five ways to price and sell CD rates, without hurting profitability.

Omaha 70

Omaha Community Community Bank Massachusetts 70

South State Correspondent

MAY 9, 2023

This is critical to understand, as many bankers turn to rate and/or tiering off rate before even considering if the bank has the right product and the right product attributes. A bank can modify its tiers all it wants, but that effort pales in comparison to making sure you are driving the right product mix or having competitive products.

Data 195

Data Training National System 195

Jeff For Banks

DECEMBER 13, 2018

As a point of reference, the SNL US Bank & Thrift index total five year return was 45%. Before we begin and for comparison purposes, here are last year's top five , as measured in December 2017: #1. Independent Bank Corporation (Nasdaq: IBCP) #3. The Bank operates five full service offices. Old Second Bancorp, Inc.

Oregon 101

Oregon Ohio California Community Bank 101

Abrigo

MAY 20, 2015

An innovation like that can make the Apple Watch and Bitcoin seem archaic in comparison. Other tech updates in banking aim to make their customers’ experience more personal and convenient. For community banks and credit unions, this may be more of a challenge.

Apple 150

Apple Comparison Mobile Innovation 150

Abrigo

JUNE 5, 2023

the Community Bank Leverage Ratio (CBLR) and the minimum Tier 1 leverage ratio). The capital ratios report helps ensure the institution maintains capital commensurate with the level and nature of risks to which it is exposed.

Report 195

Report Risk Management Capital Data 195

Independent Banker

FEBRUARY 24, 2015

During my 20-plus years of dealing with community bankers, either as an investment strategist, sales rep or business-development manager, I have come to understand that certain buzz words fall on deaf ears. As a consequence, supply-siders, like your bank’s brokers, tend to avoid using them during a sales pitch. Total Return.

Management 70

Management Community Bank Community Comparison 70

Jeff For Banks

DECEMBER 7, 2019

As a point of reference, the SNL US Bank & Thrift index total five year return was 65%. Before we begin and for comparison purposes, here are last year's top five , as measured in December 2018: #1. It is the Mountlake Terrace, Washington holding company for 1st Security Bank, a $1.7 Carolina Financial Corp. They are a $6.2

Indiana 78

Indiana Oregon South Dakota Community Bank 78

Independent Banker

MARCH 15, 2015

Technology companies are releasing ever-more sophisticated and accessible biometric authentication systems for banks, from real-time voice recognition, to fingerprint and ear scans, to facial scans via selfies, to detecting an individual’s particular behavior patterns. Avivah Litan, a technology analyst at Gartner Inc. in Potomac, Md.,

San Francisco 70

San Francisco Community Bank System Technology 70

Independent Banker

FEBRUARY 24, 2015

Technology companies are releasing ever-more sophisticated and accessible biometric authentication systems for banks, from real-time voice recognition, to fingerprint and ear scans, to facial scans via selfies, to detecting an individual’s particular behavior patterns. Avivah Litan, a technology analyst at Gartner Inc. in Potomac, Md.,

San Francisco 70

San Francisco Community Bank System Technology 70

Jeff For Banks

DECEMBER 22, 2013

For comparison purposes, here are last year''s top five , as measured during December, 2012: #1. Bank of the Ozarks, Inc. #3. Especially if I believe community banks must increasingly be known for some niche to differentiate. The bank achieved a year-to-date ROA of 1.24% and ROE of 14.16%. BofI Holdings, Inc. #2.

Community Bank 86

Community Bank Atlanta Community Strategy 86

South State Correspondent

JUNE 13, 2022

Banks that take too much risk fail, and banks that take too little risk produce returns below their cost of capital and either get acquired or driven out of business. This characteristic is why when you look at a graph of long-term bank performance, more banks underperform than overperform. The Comparison of Risk.

Risk Management 195

Risk Management Examples social media Management 195

Gonzobanker

MAY 8, 2015

As the sessions progressed a theme began to manifest that the traditional banking model has failed our customers and these digital lending platforms intend to reshape the industry, one process at a time. The lending attack on community banks and credit unions has been waged. THE PLAYERS.

Conference 60

Conference Lending Community Bank Community 60

CFPB Monitor

JANUARY 29, 2015

The ABA believes the tool should be removed and reconsidered based on its concerns which include the following: The calculator is not an adequate shopping comparison tool for consumers because the interest rate figure it provides excludes significant transactional costs and interest prepayments in the form of points.

Tools 60

Tools Comparison Community Bank Lending 60

Jeff For Banks

DECEMBER 29, 2020

As a point of reference, the S&P US BMI Bank Total Return Index for the five years ended December 23, 2020 was 46.3%. Before we begin and for comparison purposes, here are last year's top five , as measured in December 2019: #1. While the S&P US BMI Banks Index was down 16%, FDBC held serve. FS Bancorp, Inc.

North Carolina 147

North Carolina Capital Community Bank Wisconsin 147

Gonzobanker

MARCH 6, 2020

Peer comparison metrics can be a valuable tool for evaluating staffing levels relative to production and portfolio volumes. One of Cornerstone’s community bank clients uses RPA to reverse temporary daily POS limit increases, which its related bank system does not permit, eliminating a formerly manual daily process.

Operations 93

Operations System Groups Technology 93

Fintech Labs Insights

NOVEMBER 3, 2021

By comparison, in 2020 Kabbage originated $7B in PPP loans to 300,000 small businesses compared to Bluevine’s $4B. Banking: Deposits held by Coastal Community Bank ( press release ). However, that number clearly doesn’t include PPP loans. The company said it originated $8.9B in 2020 and $4.4B Business checking (with 0.6%

San Francisco 15

San Francisco Comparison Community Bank Online 15

CFPB Monitor

MAY 3, 2019

It was no surprise then that the panel was comprised of five consumer advocates and one community banker from a total of eight panelists with not a single representative from the small dollar industry represented: Rev. A representative of a community bank offering small dollar loans below 36% APR.).

Michigan 68

Michigan Policies Utah Lending 68

Jeff For Banks

DECEMBER 12, 2016

Before we begin and for comparison purposes, here are last year's top five , as measured in December 2015: #1. Independent Bank Corporation (Nasdaq: IBCP) #2. through its subsidiary BNC National Bank, offers community banking and wealth management services in Arizona, Minnesota, and North Dakota from 16 locations.

North Dakota 60

North Dakota Minnesota West Virginia Arizona 60

Jeff For Banks

DECEMBER 12, 2017

Before we begin and for comparison purposes, here are last year's top five , as measured in December 2016: #1. Independent Bank Corporation (Nasdaq: IBCP) #2. is the holding company for Parke Bank, a $1.1 billion in assets commercially focused community bank based in southern New Jersey, serving Philadelphia and its suburbs.

Minnesota 60

Minnesota West Virginia Virginia Iowa 60

Jeff For Banks

DECEMBER 18, 2014

For comparison purposes, here are last year''s top five , as measured as of December, 2013: #1. Open Bank (OTCQB: OPBK) Open Bank commenced operations in 2005 as First Standard Bank in the Koreatown section of Los Angeles. They are built as a relationship bank serving the Korean community in LA and surrounding areas.

North Dakota 91

North Dakota Arizona Minnesota Los Angeles 91

Jeff For Banks

DECEMBER 19, 2015

Before we begin and for comparison purposes, here are last year's top five , as measured in December, 2014: #1. Open Bank (OTCQB: OPBK) #2. through its subsidiary BNC National Bank, offers community banking and wealth management services in Arizona, Minnesota, and North Dakota from 16 locations. BofI Holdings, Inc.

North Dakota 60

North Dakota Arizona Michigan Florida 60