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Republic First got a hand up from investors. Is it out of the woods?

American Banker

A $35 million capital bump from a once-hostile investor group may have helped the Philadelphia bank avoid collapse. Still, it reported $30 million of quarterly operating losses and heavy securities risk in a recently filed call report.

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Community banks most likely to approve small business loans

Abrigo

The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia. Firms seeking credit had varying purposes for doing so, but among the most popular were expanding their business, funding day-to-day operations and replacing capital assets.

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ATMIA Weighs In On Cashless Retail Ban Debate

PYMNTS

A similar ban has already passed in New Jersey and similar legislation has been backed by legislators in Philadelphia and signed into law this past week. And those stakeholders include ATM operators. In terms of the New York legislation (Intro. The debate will likely get increased scrutiny and input from stakeholders.

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Community Financial Institutions: Parking Lot for the Benjamins

Jeff For Banks

First dropping the Fed Funds rate to near zero, and most recently with Operation Twist designed to guide long-term rates even lower. From December 31, 2009 through June 30, 2011, deposits for all FDIC insured depositories increased 5.84%. FDIC insurance costs, on average, are 12 basis points on deposit balances.

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The top-performing community banks of 2021

Independent Banker

The Philadelphia Trust Company. Philadelphia. The community bank uses the Entrepreneurial Operating System, commonly known as EOS Traction, to keep departmental efforts aligned. Michael Bartkoski, executive vice president and chief operating officer, NBKC Bank. —Molly Bennett, executive editor, Independent Banker.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Using FDIC data for 2021, we calculated a lender score out of 100 for each community bank. We worked with them with loans to buy equipment and vehicles for delivery and the beginning operational cash needs of the business,” Bunnell says. Rowland with Greg Bynum, president and chief operating officer. Philadelphia.