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Community banks’ net income, loan balances increase in 2014

Abrigo

The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. percent of community banks were unprofitable during the quarter. Net interest income accounts for almost 80 percent of net operating revenue at community banks.

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Community banks’ net income, loan balances increase in 2014

Abrigo

The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. percent of community banks were unprofitable during the quarter. Net interest income accounts for almost 80 percent of net operating revenue at community banks.

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Three Small US Banks Collapse Over Past Month

PYMNTS

recorded its fourth bank failure this year — the first collapse of financial institutions since 2017, according to data from the Federal Deposit Insurance Corp ( FDIC ). 1 when City National Bank of New Jersey closed its three branches with assets of about $120.6 Louisa Community Bank of Louisa, Kentucky also shuttered on Oct.

Kentucky 140
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Straightforward Principles of Success

Independent Banker

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
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Washington Watch

Independent Banker

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news is the law compels the federal banking agencies to review regulations they have issued to identify those that are outdated, unnecessary or unduly burdensome.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.;

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What's With Regulator Agita Over Bank Commercial Real Estate Lending?

Jeff For Banks

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
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John Gorman, CSBS general counsel, dies after battle with cancer

American Banker

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.