PYMNTS

OCTOBER 17, 2017

Before this year, the last time that happened was in 2006, when Walmart made a move on an ILC. Walmart initially had sought to own a bank that offered full consumer banking services – though by time of its final push 11 years ago, that ambition had been radically scaled back. ” An Unleveled Playing Field.

Industry 108

Industry Fintech FDIC Community Bank 108

Independent Banker

NOVEMBER 24, 2014

We let our actions speak for the bank.” Mark Zaback, Jonah Bank of Wyoming. Under the big Montana sky, Mark Zaback helps lead a community bank with a cowboy code. Mark Zaback , Jonah Bank of Wyoming. Bank assets: $280 million. Jonah Bank is so much more than Mark Zaback,” he says. Casper, Wyo.

Wyoming 94

Wyoming Kansas City Community Bank Community 94

South State Correspondent

SEPTEMBER 25, 2024

For example, loans originated in 2006 would show credit stress two to four years later. For many credits of an average-sized community bank, ROE is highest for loans with terms from five years or longer. The pools can be analyzed for delinquencies, payoff trends, losses (typically charge-offs) and profitability.

Analysis 195

Analysis St. Louis Study Examples 195

PYMNTS

APRIL 10, 2017

Bradley Linskens was reportedly removed from his position as a result of the bank’s unauthorized accounts scandal that surfaced last year. According to Reuters, Linskens began oversight at Wells Fargo back in 2006 and was responsible for day-to-day supervision of the financial institution. Maxine Waters, U.S.

Regulation 100

Regulation California Community Bank Cards 100

Independent Banker

APRIL 29, 2016

The Bank of Glen Ullin sets itself apart from other community banks through our strong involvement in the community we serve and the personal relationships we have with our customers. Our bank team is devoted to providing the quality service to our customers, whom we know on a first-name basis. Assets: $54 million.

Community Bank 70

Community Bank Community Meeting FDIC 70

Independent Banker

DECEMBER 29, 2015

Of course, Basel III—otherwise known as the Third Basel Accord—is a global regulatory framework on bank capital adequacy, stress testing and market liquidity risk. Most concerning has been the safety-and-soundness regulation’s unnecessary effect on reducing certain lending by community banks, say Kendrick and several community bankers.

Community Bank 70

Community Bank Community Capital Lending 70

Jeff For Banks

MAY 30, 2024

As far as community banks, I look to data gleaned from all of the banks where my firm does profitability outsourcing because we have a level of granularity that the FDIC and most readers do not have. This was similar to the tightening cycle between 2004 and 2006 when Fed Funds rose again to 5.25%-5.50%.

Strategy 106

Strategy St. Louis FDIC Retail 106

Jeff For Banks

JUNE 8, 2013

Louis Fed recently performed a study to uncover the characteristics of community banks that thrived during the financial crisis. Thriving banks were defined as under $10 billion in assets, and maintained a composite CAMELS 1 rating in each exam cycle from 2006-11, an impressive accomplishment.

St. Louis 107

St. Louis Lending Study Strategy 107

Independent Banker

OCTOBER 14, 2014

The first tweet ever written was by co-founder Jack Dorsey on March 21, 2006, at 9:50 p.m., According to a statistic released as part of the ICBA 2014 Top 50 Community Bank Leaders in Social Media, nearly 2,500 banks have a Facebook or Twitter presence, and the numbers continue to exponentially grow.

social media 88

social media Risk Management Compliance Community Bank 88

Jeff For Banks

DECEMBER 1, 2015

In the chart below, derived from The Kafafian Group’s (TKG) peer database of hundreds of community bank branches, we see that the revenue generated from deposit spreads, asset spreads (typically consumer loans), and fees (typically deposit fees) as a percent of branch deposits averaged 2.08% for commercial banks and 1.88% for thrifts during 2014.

Pennsylvania 60

Pennsylvania Community Bank Community Taxes 60

Jeff For Banks

MAY 20, 2017

Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. Reading between the lines, this bank is likely over the CRE guidance levels, and were probably getting grief from their regulators about it. We perform this service for dozens of community banks.

Lending 60

Lending Regulation Community Community Bank 60

Jeff For Banks

MAY 10, 2018

It's like 2006 all over again. When I asked a community bank director of marketing about rate promotions and the success at turning them into loyal, core deposit customers, she was skeptical. A quick search on "bank rate promotions" gave me a trove of sites to compare offers, including this Nerd Wallet article.

Retail 60

Retail Marketing Community Trends 60

Jeff For Banks

FEBRUARY 13, 2010

It appears Mr. Davis and his community bank outdid them both in ''09, and blew the cover off of the industry. Looking back to 2006, the years Mr. Stumpf assumed WFC''s presidency and Mr. Dimon ascended to JPM''s CEO chair, Bill Davis fared relatively well. Not too shabby Mssrs. Dimon and Stumpf. But hold on fellas.

Industry 60

Industry Community Bank Operations Community 60

Jeff For Banks

NOVEMBER 3, 2023

Unsurprisingly, the largest declines occurred starting monthly in March, 2006 and on a y-o-y basis in September, 2006 and continued to November, 2009. We all remember the Great Recession, which began in 2007, but the LEI knew it as early as March, 2006. The largest monthly decline took place in May, 2009 at -27.2%

Marketing 65

Marketing Community Bank Policies Community 65

Jeff For Banks

AUGUST 12, 2018

After easing and keeping rates low for three years, the Fed began tightening from June, 2004 to June, 2006. In my career, I’ve lived through many years of the Fed raising interest rates and it’s my experience that they usually tighten too much and keep rates high for too long, just like in 2001 and 2006-2007.

Marketing 60

Marketing Philadelphia Omaha US 60

Jeff For Banks

APRIL 4, 2024

Depositors woke up and thought "what is my bank paying me?" The Fed has paused for nearly a year now, and it was our experience in 2006-07 that bank cost of funds continued to increase as the market closed the delta between what someone could earn in a money market mutual fund and a bank account.

Banking Trends 113

Banking Trends Trends Millennials Oregon 113

Jeff For Banks

OCTOBER 2, 2010

Given community banks’ propensity to do real estate transactions, why wouldn’t such a fee-based line of business flourish? My company measures the profitability of products and lines of business for community financial institutions (“FIs”). Community FIs, in general, are not making money with these products.

Taxes 60

Taxes Community Retail Community Bank 60

Jeff For Banks

JUNE 2, 2023

Outside of those two crisis periods, American banking failures have generally been uncommon, at least since the end of the Great Depression. banks failed a year. bank failures per year between 1996 and 2006, and 3.6 Before SVB, Signature, and First Republic, in fact, it had been over two years since the last bank failure.

FDIC 60

FDIC Community Bank Regulation Lending 60

American Banker

MAY 12, 2016

has elected James Batten, a director of the company since 2006, as its next chairman. Guaranty Federal Bancshares in Springfield, Mo.,

Company 28

Company Community Bank Community 28

American Banker

AUGUST 18, 2016

Kinderhook Bank Corp. in New York said Wednesday that Scott Shallo, a member of the board since 2006, succeeded Brian Kelly as chairman.

New York 28

New York Community Bank Community 28

Jeff For Banks

OCTOBER 29, 2016

In 2006, when the median asset size within my firm's profitability outsourcing service was $696 million, the operating cost per business checking account was $586 per year. For example, deposit operations' expense as a percent of deposits should decline as the bank grows. Forget the things outside of your control.

Training 60

Training FDIC Community Resources 60

Jeff For Banks

AUGUST 29, 2016

It should be noted that in 2006, 40% of purchase mortgages were for investment or vacation property. Note the absence of anything resembling a community bank. First Franklin, a JV between National City Bank (emergency sale to PNC) and Merrill Lynch (emergency sale to BofA). In 2007, that number climbed to 127%.

North Carolina 60

North Carolina Community Lending Community Bank 60

Jeff For Banks

AUGUST 1, 2019

Both spread inversions precede recession by 13 months (as in 2000 for the 2001 recession) to 26 months (as in 2006 for the 2008-2009 recession). DJ 07/16/19 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.

Marketing 60

Marketing US Community Bank Community 60

Ublocal

DECEMBER 22, 2021

We are located in a historic structure that was built in 1800 by Benjamin Harrington, directly across the street from the new branch of Union Bank. We started the business in 2006 here in Shelburne and moved to our present location in 2014. Get involved!” Stay Local.

Vermont 52

Vermont Community Charlotte Leadership 52

Jeff For Banks

DECEMBER 19, 2015

OTCQX: FETM) In 2006, Fentura Financial, the holding company for the creatively named State Bank, had over $620 million in total assets, $51 million in total equity, an 0.85% ROA, and a book value per share of $24.08. Those investors that jumped onboard at the end of 2010 were well rewarded. Their total return was greater than 1,000%.

North Dakota 60

North Dakota Arizona Michigan Florida 60

Fintech Labs Insights

DECEMBER 30, 2016

I may have missed some decorations that had already been stored in the banks’ virtual attics. Previous year-end holiday posts: 2015 , 2014 , 2013 , 2012 , 2011 (big banks), 2011 (CUs/community banks), 2009 part 1 , 2009 part 2 , 2007 , 2006 , 2006 , 2004. ———-. 2016 Holiday Messages.

Texas 20

Texas Comparison Community Bank Analysis 20

Independent Banker

FEBRUARY 16, 2015

Sherrod Brown (D-Ohio), two lawmakers tapped to lead the Senate Banking Committee for their respective parties, are both independent-minded senators who hold positive views on several priority community banking issues. Richard Shelby (R-Ala.) So I would say he’s open to things we are concerned about.”.

Community Bank 70

Community Bank Alabama Ohio Community 70

Independent Banker

SEPTEMBER 26, 2014

The good news is the law compels the federal banking agencies to review regulations they have issued to identify those that are outdated, unnecessary or unduly burdensome. The bad news is the first review, conducted from 2004 to 2006, was a bust. Community Bankers Chosen as CFPB Advisors. in Lowell, Mass.; in Lowell, Mass.;

Washington 70

Washington Fort Worth Regulation Community Bank 70

Jeff For Banks

JULY 1, 2024

We have many examples, notably 2000-2001, 2006-2008, and 2019, when restrictive rates impaired growth and recession followed. DLJ 06/30/24 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.

Marketing 119

Marketing Conference Policies Survey 119

Independent Banker

MAY 31, 2022

Ted Whitehurst, Providence Bank president and CEO, led the charge to open a new brick-and-mortar location of the Raleigh, N.C., community bank during the pandemic. Providence Bank chose to open a new brick-and-mortar site during the pandemic, when many other businesses were ceasing operations or shutting down altogether.

Raleigh 91

Raleigh Community Community Bank Lending 91

Jeff For Banks

MARCH 3, 2018

Six years ago I asked in a blog post Will Plain Vanilla Kill Community Banking ? Didn't even exist in 2006. How do we balance strategic direction, customer demand, and the futurist or wildly over-caffeinated millennial that tells us we have to implement every shiny new object or we'll die? Was I, gulp, a futurist?

Apple 65

Apple Millennials Massachusetts FDIC 65

Jeff For Banks

SEPTEMBER 10, 2011

(Nasdaq: OZRK) of Little Rock, Arkansas Over a 100-year banking history, Bank of the Ozarks expanded from its headquarters in Little Rock, Arkansas, to more than 100 locations throughout the Southeast and is consistently ranked among the top performing banks in America (see chart). Their ROA in 2006 when their assets were $2.5

Arkansas 65

Arkansas South Carolina FDIC Georgia 65

American Banker

FEBRUARY 7, 2024

Known by his nickname Buz, John Gorman helped the Conference of State Bank Supervisors launch its nationwide cooperative agreement in 2006 and the National Multistate Licensing System for mortgage lenders two years later.

Conference 36

Conference National System Community Bank 36

Fintech Labs Insights

DECEMBER 31, 2014

Following is a quick overview of the promotions, including a 1- to 5-bulb rating.

Maine 23

Maine Cards Florida Capital 23

Fintech Labs Insights

DECEMBER 29, 2015

Previous year-end holiday posts: 2014 , 2013 , 2012 , 2011 (big banks), 2011 (CUs/community banks), 2009 part 1 , 2009 part 2 , 2007 , 2006 , 2006 , 2004. Banks in the Holiday Spirit. Following is a quick overview of the promotions, including a 1- to 5-bulb rating.

Marketing 12

Marketing Milwaukee Maine Cards 12

Jeff For Banks

APRIL 14, 2022

Other People's Money: How Banking Worked in the Early American Republic 2017 Allen Nevins Nevins, Allen History of the Bank of New York and Trust Company, 1784-1934 2006 George A. Irrational Exuberance 2006 William L. Bye Bye Banks: The End of Community Banking as an Engine of Economic Growth 2010 Robert H.

America 60

America National Denver United States 60

Abrigo

JULY 23, 2021

It is a concept that we have all heard of, however, the concept remains somewhat of a mystery in the community bank world. Ultimately it poses a serious threat to global stability with the potential for catastrophic loss of life if a weapon of mass destruction was deployed.

National 195

National Training United States System 195