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The Big Gorilla

Independent Banker

Some of it is soft cost,” and that’s what makes it hard to pin down, says Anita Vogel-Drentlaw, president of New Market Bank, a $99 million-asset community bank in Elko New Market, Minn. If he takes the $68 million-asset Commerce Bank into that kind of lending, he says he’ll hire a specialist to manage the accompanying regulations.

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Getting Mobile Ready

Independent Banker

Reducing technology costs and local market savvy can enable community banks to become equal competitors in the mobile and digital footrace, but they’ll need to begin taking steps soon and planning strategically. Doug Brown, senior vice president and general manager of mobile for FIS Global in Jacksonville, Fla.,

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More Data, More To Do

Independent Banker

Lending, transaction data. Community banks generally do well in harvesting their lending data, Bhalla says. McMullen says community banks should be regularly gathering loan cost data on servicing, marketing and the application process, as well as the costs to manage delinquent borrowers. Reporting data.

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More Data, More To Do

Independent Banker

Lending, transaction data. Community banks generally do well in harvesting their lending data, Bhalla says. McMullen says community banks should be regularly gathering loan cost data on servicing, marketing and the application process, as well as the costs to manage delinquent borrowers. Reporting data.

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