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In our previous article ( HERE ), we reviewed the banking industry’s cost of funding earning assets (COF), and we compared how communitybanks’ COF behaves relative to national banks in a rising interest rate cycle. How to Apply to Your Bank. Influences on Deposit Beta.
September 2004, driving from a meeting in New York, on the grossly miss-titled Cross Bronx Expressway, Nathan Stovall, a reporter from SNL Financial gave me a call. The question: What was up with an upstate New York bank? My answer: The CEO was 67 years old and that would obviously be an impetus for a sale. He printed it as I said it.
In our region, the Philly Fed indices of business activity all turned negative in December, but, hey, higher rates will help, right? Dorothy has been with Penn CommunityBank and its predecessor since November, 2004. Housing is volatile, especially at this time of year. Why is the Fed trying to slow down GDP growth of 1%?
Previous year-end holiday posts: 2014 , 2013 , 2012 , 2011 (big banks), 2011 (CUs/communitybanks), 2009 part 1 , 2009 part 2 , 2007 , 2006 , 2006 , 2004. Banks in the Holiday Spirit. RegionsBank. Following is a quick overview of the promotions, including a 1- to 5-bulb rating. Score: (2.5).
ISMs and regional Fed surveys have been mostly negative for months on end. DLJ 03/15/24 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis. GDP shows up as weak every other quarter.
Our regional economy, covered by the Philadelphia Federal Reserve’s Third District, is doing well into the fourth quarter. Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis. year-over-year, respectively.
The recent March, 2018 report for our Philadelphia Region was overall quite positive; the words “modest” or “moderately” were used 16 times on two pages. Dorothy has been with Penn CommunityBank and its predecessor since November, 2004. The implication is that the economy here is okay and still growing.
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