Remove Lending Remove Management Remove Maryland Remove Taxes
article thumbnail

Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The old borrow short, lend long strategy. To you, manage your interest rate risk. When the Taxpayer Relief Act of 1997 passed, the top capital gains tax rate was lowered, providing yet another incentive for equity speculators to pour money into the fledgling internet industry. Remember K Bank in Maryland?

FDIC 78
article thumbnail

The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. 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. pre-tax ROA: 2.68%. 3-yr average pre-tax ROA. Less than $300 million.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Fintech Labs Insights

Lending marketplace targeting Hispanic-owned small businesses. HQ: National, Maryland. Tags: SMB, health care, employees, benefit management, insurance. Source: Crunchbase. Bread Finance. Unsecured consumer financing of purchases. Latest round: $14.3 million Series A. Total raised: $14.3 HQ: New York City. Mobile bank.

article thumbnail

Fintech Fundings: 27 Companies Raise $345 Million Week Ending August 14

Fintech Labs Insights

It was another stellar week for Finovate alums with 6 fundings totaling $123 million: money transfer service Payoneer ($50 mil), AI innovator Kensho ($33 million), tax specialist VATBox ($24 million), , cash-back specialist Mogl ($7.9 VAT tax refund solution . Equity management system. Cloud-based spending management.