Remove 2009 Remove Community Bank Remove Taxes
article thumbnail

Banking's Top 5 in Total Return to Shareholders: 2018 Edition

Jeff For Banks

This is clearly a turnaround situation, as the bank lost over $12 million in 2010, over 20% of its capital (ouch). But once they turned things around they took their deferred tax asset back onto their books and did three acquisition. is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon.

Oregon 101
article thumbnail

Too Much on the Dollar Menu?

Jeff For Banks

My company does line of business and product profitability reporting for community banks. What I have learned from performing this service is that very few products deliver the level of profits typically sought by high-performing banks. Commercial real estate lending was the common profit driver for banks and thrifts.

NJ 60
Insiders

Sign Up for our Newsletter

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

article thumbnail

What Goes Up …

Independent Banker

Coping just fine, community banks in energy-producing regions manage the oil-price plunge. Crude oil prices have dropped more than 50 percent from last July to this January, and they haven’t hovered this low since 2009. Pat Hickman, chairman and CEO of Happy State Bank, a $2.6 By Howard Schneider.

article thumbnail

Guest Post: FInancial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

This is because the economy has been gaining momentum, however modest, from the tax cuts and deregulation. annually since 2009, while the record expansion of the 1990s saw growth of 3.6%. As well as the economy has been doing from the momentum of tax cuts and reduced regulation, there are always looming issues. since that time.

article thumbnail

Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

Economic growth picked up strongly in the second quarter, with a reading of +4.2%, as momentum from the tax cuts and deregulation pushed spending and investment higher. since the current recovery began in June, 2009. Fiscal stimulus in the form of tax cuts, especially for corporations, led to spikes in investment and spending.

article thumbnail

The Thinker

Independent Banker

It was a prescient move for Hartings and the $450 million-asset community bank, which comfortably weathered the downturn even though residential mortgages are its biggest business line—but not everyone appreciated Hartings’ common-sense approach at the time. “I Fortunately, most did listen. Jack got us through that just fine.

Ohio 70
article thumbnail

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

Jeff For Banks

The Great Recession lasted from the fourth quarter 2007 through the second quarter 2009, according to the National Bureau of Economic Research. For the below chart, I took every bank and savings bank, not federal thrifts because during this time they still filed TFRs versus Call Reports, and therefore their loan categories were different.

Lending 60