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The top-performing community banks of 2021

Independent Banker

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. Philadelphia.

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Credit Issues Stalk Malls And Anchor Tenants

PYMNTS

On the optimistic side Elliot Nassim , president of Mason Asset Management, which co-owns the University Mall in Carbondale, Illinois, says: “We have always felt that the retail industry is evolving, despite what doomsday headlines would have you believe. The failure of anchor stores is critical in several ways.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Photo by Linkes Photography. By Ed Avis.

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CFPB and DOJ announce redlining settlement

CFPB Monitor

Those MSAs were the New York City-Northern New Jersey- Long Island MSA (the “NY/NJ MSA”), the Philadelphia, PA-Camden, NJ –Wilmington, DE MSA (the “Camden MSA”), and the Bridgeport-Stamford-Norwalk, CT MSA (collectively, the “three Affected MSAs”). million civil money penalty to the CFPB.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

To you, manage your interest rate risk. Between 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 800%, only to fall 740% from its peak by October 2002, giving up all its gains during the bubble. Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate?

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Banker Quotes: As Told To Me v6

Jeff For Banks

Since I estimate my Twitter community only reads about 10% of their tweet stream, and so many of my blog readers do not follow Twitter, below are selected quotes that I tweeted since version 5. And by the way, if Dodd-Frank tried to weed out bad actors in this market and put bankers back in the business, think again. This banker does.

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A Financial Institution Investment Banker Had Questions. Here Are My Answers.

Jeff For Banks

Dropping ROE to 8% to make strategic investments so the financial institution can elevate it to 11% makes total sense to the CEO and Board that manages for long-term performance. Not many investors complained about the old Commerce Bank (NJ) efficiency ratio of 70+% when they were delivering 20+% profit growth.

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