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PNC's 3Q Profit Declines on Higher Taxes, FDIC Surcharge

American Banker

Third-quarter profit at PNC Financial Services Group in Pittsburgh declined on a yearly basis as a higher tax rate and increased expenses ate into improved revenue in both lending and fee-based products.

Taxes 28
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The State of Banking

Jeff For Banks

In 2013, there were 6,812 FDIC-insured financial institutions. Because the nation's balance sheet and income statement is not improving. That yielded 291 total institutions, broken down by region. Some regions are experiencing slightly elevated non-performers from the previous year. Provision, and income taxes.

Taxes 60
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The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. Brazos National Bank. Douglas National Bank. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. pre-tax ROA: 2.68%. 3-yr average pre-tax ROA. —Molly Bennett, executive editor, Independent Banker. Less than $300 million. By William Atkinson. Less than $300 million. Philadelphia.

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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

Percentage of Uninsured Deposits: At the time of failure, SVB had approximately 88% of their deposits above the FDIC-insured $250k limit and ran at 95% at the end of last year. Some form of this ratio will likely be applied to the national and regional banks, which means larger community banks will also be judged by this ratio.

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Best of Banking Awards for 2021

MyBankTracker

TaxSlayer Option to deduct filing fees from tax refund. Santander Bank More than 575 branches and 2,000 ATMs in the region. Woodforest National Bank Large branch network. TCF National Bank Focus on financial wellness and literacy. The Best National Bank category includes banks or credit unions with 1,000 or more branches.

ATM 52
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SAFE Banking Act Gains Cannabis-Friendly Spotlight In Congressional Hearing

PYMNTS

Such prohibition could involve limiting FDIC protections for those deposits, for example, or trying to prevent loans to those businesses. The speakers told stories of violent armed robberies, money laundering and tax evasion, among other negative impacts of a cash-based industry. Cash Dangers. It’s a regulatory quagmire,” Deckard said.

Oregon 230
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SAFE Banking Act Gains Cannabis-Friendly Spotlight in Congressional Hearing

PYMNTS

Such prohibition could involve limiting FDIC protections for those deposits, for example, or trying to prevent loans to those businesses. They told stories of violent armed robberies, money laundering and tax evasion, among other negative impacts of a cash-based industry. Cash Dangers. It’s a regulatory quagmire,” Deckard said.

Oregon 115