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FDIC: Community banks outperform industry in third quarter

Abrigo

Results from the third quarter were just released, and while overall results were positive, community banks in particular excelled. Compared to the second quarter of 2014 and the third quarter of 2013, loan growth continues to increase. This total represents an increase of almost 24% over the third quarter of 2013.

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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. Net income was up almost 28% over the fourth quarter of 2013 led by higher net operating revenue and lower loan loss provisions. percent of community banks were unprofitable during the quarter.

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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. Net income was up almost 28% over the fourth quarter of 2013 led by higher net operating revenue and lower loan loss provisions. percent of community banks were unprofitable during the quarter.

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New ICBA chairman Derek Williams’ commitment to community

Independent Banker

wanted to be a financier before finding his way to community banking. Photo by Harold Daniels Derek Williams, president and CEO of Century Bank & Trust in Georgia, is bringing his passion for community banking to his term as ICBA chairman for 2023/24. That love of community has defined his career.

Community 172
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SharePoint Workflow End of Life in 2020: Migrate Your Workflows to Power Automate

Perficient

If you’re reading this you’ve likely heard the news that both SharePoint 2010 and SharePoint 2013 workflows days are limited. The community has not taken the news very well. – Not all Workflow 2010 can be replaced with Workflow 2013 engine or Power Automate because of features differences.

Video 365
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3 ways for community banks to capitalize on the “buy local” movement

Abrigo

Today’s youth and others across all age groups are placing a significant importance on consuming local food, developing local relationships and improving local communities. This is great news for community banks. A recent American Banker article discussed why the local food movement is good for community banking.

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Spotlight on lending: Preparing for Q3 bank reports

Abrigo

While Q3 reports will trickle in over the coming days to meet the end of October deadline, a crucial piece of the puzzle the financial community and economists will be looking at is loan growth rates. trillion dollars in loans and leases from banks of all sizes – the household names in banking to local community institutions.

Lending 247