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.

Arkansas 168

Arkansas Community Bank Community Operations 168

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

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. These include family-owned businesses, community businesses and operating companies.

Texas 182

Texas San Antonio Community Bank Community 182

South State Correspondent

NOVEMBER 29, 2023

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing. Many banks fall into the “recency trap.”

Marketing 195

Marketing Regional National Nashville 195

Abrigo

MAY 30, 2017

One of the biggest obstacles for many community banks and credit unions with aggressive growth goals is staffing. However, growing the staff can be a real challenges for many banks and credit unions. Moreover, many community banks and credit unions are located in more rural areas.

Technology 150

Technology Community Bank Lending Community 150

Abrigo

NOVEMBER 7, 2019

Strategies to lessen the impact of CECL on smaller community banks. For CECL, Schroeder explained, the board looked at a range of solutions, from ignoring losses to fair value, and examined each solution to determine if it was operable, understandable, and auditable. How to lessen the impact of CECL on smaller community banks.

Community Bank 150

Community Bank Community Lending Analysis 150

Independent Banker

MAY 25, 2016

Tax credits for Main Street lending. As a small urban community bank, North Valley Bank is increasingly challenged with heavily government-subsidized competition. In response, ICBA is promoting a new tax policy idea as part of its Plan for Prosperity regulatory-relief legislative package. Chuck Johnston.

Community Bank 70

Community Bank Taxes Lending Maine 70

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 Chris Jundt, First State Bank & Trust. Community banks have really propelled themselves into this journey in a fantastic way.

Lending 91

Lending Community Bank Community North Dakota 91

Independent Banker

AUGUST 31, 2022

Job seekers are in the driver’s seat across most industries, including community banking,” says Lindsay LaNore, group executive vice president and chief learning and experience officer for ICBA. However, community banks have a big opportunity to stand out from the crowd of potential employers.”. Put people first.

How To 91

How To Louisville Community Bank Training 91

Jeff For Banks

APRIL 30, 2022

Me: Commercial Real Estate loans are the most profitable product in a community bank's arsenal and have been through various interest rate environments. Bank Senior Lender: Not when you consider the whole relationship. The much sought after "operating account." The pre-tax ROA might not look great. CRE still wins.

Lending 78

Lending Massachusetts Taxes Community Bank 78

American Banker

OCTOBER 3, 2016

has agreed to buy most of the assets and liabilities for a company that handles transactions for tax preparers. Meta Financial in Sioux Falls, S.D.,

Taxes 47

Taxes Operations Company Community Bank 47

PYMNTS

APRIL 30, 2018

and finance experts are celebrating with new data on the state of the entrepreneurial community. But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too. National Small Business Week is this week in the U.S.,

Taxes 144

Taxes America National Community 144

South State Correspondent

DECEMBER 6, 2022

The variables that banks typically test are amortization periods, interest rates, vacancy rates, and lease rates. However, in the last 25 years, we have yet to see a community bank perform sensitivity analysis on inflation rates – for obvious reasons. History Lesson.

Analysis 195

Analysis Taxes US Management 195

Independent Banker

APRIL 30, 2018

I am proud of what ICBA has accomplished over its 88-year history and optimistic about what the future holds for community banks. I’m honored to be part of that future and look forward to leading ICBA as we write the next chapter of the community bank story. Now, the future is ours for the taking. Mission: Flourish.

Community Bank 70

Community Bank Community Leadership Industry 70

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.

Lending 136

Lending Community Bank Community Data 136

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

AUGUST 27, 2015

Most banks today are struggling with the reality of shrinking net interest margins due to increased competition for fewer quality loan opportunities. Most community banks do not offer trust services due to the significant barriers to entry into this particular financial service line. But what about trust services?

Community Bank 70

Community Bank Florida Community Taxes 70

PYMNTS

JULY 16, 2019

JPMorgan posted second-quarter earnings on Tuesday (July 16) that showed strength in consumer-facing operations and double-digit gains in mobile customers, reflecting continued traction across digital banking efforts. Absent a boot from tax benefits that lifted earnings by 23 cents, adjusted earnings were $2.59, better than the $2.50

Mobile 108

Mobile Cards Community Bank Conference 108

Jeff For Banks

JUNE 10, 2022

I believe there are lots of different ways to make money in banking which was evident in the room in Key Largo (bankers at the conference). As important as a core deposit franchise is, the most profitable bank in attendance has the highest cost of deposits. Some have low loan to deposit ratios and some are over 100%. Technology?

Conference 78

Conference Taxes Strategy Community Bank 78

Jeff For Banks

FEBRUARY 4, 2023

Additionally, the implementation of new policies by the government, such as changes to taxes and regulations, could also influence economic outlook. Vendor management due diligence, such as "Where can I find third-party reviews on the nCino loan operating system?"; The tool is still new and evolving.

United States 78

United States US Cyber Security Taxes 78

Jeff For Banks

MARCH 5, 2021

A bank trade association CEO asked me a couple of questions while he was researching an op-ed piece. Shouldn't the CFPB work to address the impediments to starting a bank in LMI markets rather than punish community banks who scrambled to serve their customers when the economy shut down? The edited Q&A is below.

Regulation 78

Regulation Indiana Charlotte Community Bank 78

Abrigo

JULY 15, 2015

The transition from compliance to consulting makes sense: tax season is just that, a “season,” and nearly 60 percent of respondents to a Sageworks survey indicated they saw an increase in total revenue by adding financial services to their accounting practice.

Management 150

Management Resources Capital Taxes 150

South State Correspondent

JULY 5, 2022

In a stagflation environment, as interest rates rise and cash flow (earnings before interest, taxes, depreciation, and amortization (EBITDA), or net operating income (NOI)) decreases, the borrower’s capacity to service debt as measured by the debt service coverage ratio (DSCR) decreases rapidly.

Management 195

Management Capital US Community Bank 195

Independent Banker

FEBRUARY 24, 2016

Investment principles of top bank portfolio managers. Community bank institutional investment portfolio managers have been put through their paces the past several years. Yet that is exactly what many community banks have accomplished. By Karen Epper Hoffman.

Community Bank 70

Community Bank Community Texas Management 70

Abrigo

FEBRUARY 27, 2020

Many community bankers expect a recession will start by at least mid-2021, according to the most recent Community Bank Sentiment Index. I’m surprised at how inefficient and poorly automated things are,” said David O’Connell, Senior Analyst with research firm Aite Group , after reviewing the survey results.

Lending 243

Lending Survey Data System 243

Independent Banker

AUGUST 27, 2015

Community National Bank & Trust of Texas. We have a very successful junior college, school district and hospital—the typical things that you would expect to see in a community. We also administer a number of charitable trusts that distribute well over $500,000 a year in the community, so it makes for a well-balanced bank.

Community 70

Community Community Bank Texas US 70

Jeff For Banks

DECEMBER 13, 2018

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. is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon.

Oregon 101

Oregon Ohio California Community Bank 101

Jeff For Banks

APRIL 25, 2015

So the bank necessarily hunts for smaller relationships. I'm also skeptical that small community banks in general are financing startup businesses. See the accompanying chart for the loan composition for all FDIC-insured banks and thrifts with less than $1 billion in total assets. How do I know this?

FDIC 60

FDIC Capital Community Bank Lending 60

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

Abrigo

APRIL 22, 2024

Takeaway 2 Several small business lending processes can tax both borrowers and staff. Dynamic market Small business lending by banks & credit unions Small businesses are a pillar of the U.S. However, small business lending can be costly and time-consuming for banks and credit unions. Louis Fed : [S]mall-business loans—i.e.,

Lending 243

Lending St. Louis Community Marketing 243

Independent Banker

FEBRUARY 25, 2015

Community banks, which will continue to face a growing number of senior customers with everyday cash needs and built-up home equity, should explore this niche lending opportunity, two community bankers providing these specialty loans suggest. The bank closes 35 to 45 reverse mortgages each month. FirstBank, which has $2.3

Trends 70

Trends Community Lending Community Bank 70

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

In the chart below, derived from The Kafafian Group’s (TKG) peer database of hundreds of community bank branches, we see that the revenue generated from deposit spreads, asset spreads (typically consumer loans), and fees (typically deposit fees) as a percent of branch deposits averaged 2.08% for commercial banks and 1.88% for thrifts during 2014.

Pennsylvania 60

Pennsylvania Community Bank Community Taxes 60

PYMNTS

MARCH 18, 2019

And finally, that the banks and the card networks are the big losers. Last week, NACHA issued an ACH operations bulletin announcing the delay of the rollout of a third Same Day ACH (SDA) processing window by six months, to March 19, 2021. This new window – which will allow banks to submit requests for SDA until 4:45 p.m.

Payments 201

Payments Cards Operations System 201

Jeff For Banks

JUNE 11, 2018

Won by the national banks. With all of our hubris about how great community banking is compared to national banks, we are not winning market share from them. Such as having a real estate taxes savings account. That means it costs ~ $588k in direct operating expense to run a branch.

Taxes 60

Taxes Compliance Survey National 60

PYMNTS

JUNE 28, 2016

currently offers a positive climate of growth for small businesses, the majority of SMEs surveyed said they operated with a profit in the last quarter. According to Pepperdine and Dun & Bradstreet, nearly one-third of small companies said they are seeking access because of worsening operating conditions.

Capital 106

Capital Lending Survey Cards 106

Independent Banker

FEBRUARY 28, 2022

The ICBA Capital Summit is the premier event for community bankers looking to advocate for their industry. Community bankers, pack your bags for Washington, D.C. Community bankers, pack your bags for Washington, D.C. While at the ICBA Capital Summit, community bankers will enjoy insights from expert speakers.

Community 180

Community Washington Community Bank Capital 180