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CRE risk management: Navigating hazards and opportunities

Abrigo

Stress testing, monitoring are essential Financial institutions should challenge assumptions about CRE risk while also watching for red flags as they manage the CRE portfolio. Bankers should examine warning signs and shore up defenses for existing income-producing CRE loans as part of commercial property loan risk management.

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PPP Loan Forgiveness May Be Hard To Win For Self-Employed Workers

PYMNTS

The measure limits independent contractors and the self-employed to borrow up to two months of their pay based on their 2019 income tax return or $15,385, whichever is less, toward forgiveness. If they can’t convince the SBA they met those requirements, borrowers have two years to repay it at a 1 percent interest rate.

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The Many Faces Of Employee Fraud

PYMNTS

million: This is the suspected value of a VAT fraud scam that Ireland’s Garda National Economic Crime Bureau is investigating, local reports said last week. 58,882.32: An Ohio couple was ordered to pay this amount in restitution after being convicted of grand theft and forgery.

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Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

PYMNTS

The eCommerce company further announced it has expanded its grocery pickup to Whole Foods Market to Columbus, Ohio — bringing the total number of pickup markets to 30. Walmart has also expanded its private-label brand offerings in apparel, with Terra & Sky, Wonder Nation and Time and Tru, among others. The Drama Pt.

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The Thinker

Independent Banker

Coldwater, Ohio. in Coldwater, Ohio, and ICBA’s incoming chairman, held fast to his community bank’s conservative lending practices. Coldwater, Ohio. Ohio Banking Commission, board member. Community Bankers Association of Ohio, executive director, chairman and board member. Jack Hartings Photo by Michael Nemeth.

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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. First Bank of Ohio. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. pre-tax ROA: 2.68%. —Molly Bennett, executive editor, Independent Banker. Less than $300 million. By William Atkinson. Less than $300 million. Philadelphia. Tuscaloosa.

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How community banks can help young homebuyers

Independent Banker

year-over-year increase in the first quarter of 2022, according to the National Association of Realtors (NAR). Burmis, senior vice president and retail lending manager at $450 million-asset Chelsea State Bank in Chelsea, Mich. Source: 2022 Home Buyers and Sellers Generational Trends, National Association of Realtors.