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Small banks: Big challenges and big opportunities

Abrigo

The local decision-making and strong relationships with customers that are hallmarks of small community banks provide leaders with fresh chances to positively affect their towns, cities, and regions while growing a healthy institution. Balance runoff is picking up speed, according to financial consulting firm Curinos.

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Ag lending demand increases as farm margins tighten

Abrigo

Commercial lenders could continue to see elevated demand for agricultural loans – particularly for short-term financing to cover operating expenses -- thanks to tight profit margins for many producers. Current operating loan volumes grew for the third year in a row following several quarters of depressed crop prices,” researchers said.

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Non-performing ag loans increase, says lender survey

Abrigo

Lenders cited lower commodity prices, rising operating costs and the softening of cash rents. although more than half came from the Plains region. One respondent noted that ‘distressed operations may liquidate under-used items to bolster liquidity.’” Respondents’ primary service territories were throughout the U.S.,

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Temenos to Acquire Kony: So What?

Gonzobanker

After lining up a series of regional bank and mid-large credit union signings over the past few years, Kony more recently acquired Umpqua Bank’s Pivotus Ventures to bring on Engage (in Umpqua parlance, formerly known as “BFF” and now “Go To Banking”), another non-transactional means of engagement that channels the mashup of service and sales.

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The top-performing community banks of 2021

Independent Banker

In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. Central Bank of Kansas City. Kansas City. Genesee Regional Bank. Philip Pecora, president and CEO, Genesee Regional Bank. Mendenhall.