Remove Community Remove National Remove Philadelphia Remove Taxes
article thumbnail

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.

article thumbnail

Guest Post: FInancial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

This is because the economy has been gaining momentum, however modest, from the tax cuts and deregulation. As well as the economy has been doing from the momentum of tax cuts and reduced regulation, there are always looming issues. In our local area, we are still seeing modest growth in Philadelphia and surrounding counties.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Banking's Top 5 in Total Return to Shareholders: 2017 Edition

Jeff For Banks

The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. Actually, the Bank had a one-time after tax litigation settlement (from a 2002-04 event) of $6.2 How did they lose it?

article thumbnail

Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

Tax cuts are adding stimulus and leading to improved business and consumer optimism, but there are some offsetting factors in the form of Fed tightening, low productivity, and large levels of debt, especially at the federal government as they fund what could be a $1 trillion plus deficit this fiscal year. Gas prices remain below $3.00

article thumbnail

Guest Post: Financial Markets & Economics Update by banker Dorothy Jaworski

Jeff For Banks

The markets believe the chance of tax hikes, repeals of tax cuts, and gigantic initiatives are greatly diminished. Moody’s estimates that there is $70 billion in back rent across the nation. By the way, our economy has done better than all other nations; for example, Europe is 4.3% in the second quarter and -5.0%