Abrigo

MARCH 24, 2021

Takeaway 1 Financial institutions that invested in technology in 2020 are using it to increase the loan portfolio in 2021. Growing loans, earnings are banks' top challenges in 2021. The top banking challenges in 2021 are growing loans and earnings, according to Independent Banker’s recent 2021 Community Bank CEO Outlook survey.

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Lending Technology Survey Examples 221

Independent Banker

JANUARY 31, 2022

Ken Finley, president of Johnson City Bank, in downtown Johnson City with Shannon Sultemeier, executive vice president (left); and Brenda Haynes, vice president/cashier (right). Here’s how four community banks are thriving in this environment. Photo by Dennis Burnett. By Mindy Charski.

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Texas San Antonio Community Bank Community 182

Independent Banker

DECEMBER 1, 2020

“After a very challenging 2020, I encourage you and your loved ones to end the year strong and fill up with hope for what 2021 may bring.” ” As the song says, “It’s the most wonderful time of the year,” and this year, our communities, customers and employees are likely looking forward to the holiday season more than ever.

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Community Bank Community New Mexico Training 138

Independent Banker

DECEMBER 31, 2021

If 2020 was the year no one expected, 2021 was a year of resetting expectations. Between a smoldering pandemic, the divisive political landscape and strong, albeit uneven, growth, there was a lot to account for in 2021, and some uncertainty remains. Janet Silveria, Community Bank of Santa Maria. Click to enlarge.

Community Bank 144

Community Bank Community Lending Louisiana 144

Independent Banker

MAY 31, 2022

Community banks have a choice about addressing the problem: Remain vulnerable or be vigilant. Fraud and cybercrimes continue to increase, causing challenges for community banks. But there’s plenty community banks can do to meet this challenge. Here are some ideas for strengthening fraud defenses.

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Community Bank Community Fraud Texas 134

Independent Banker

NOVEMBER 30, 2021

Community bankers’ awakening to new possibilities has made for an impactful year and will help position community banks to flourish in 2022 and beyond. But I also wanted to recognize the widespread acceptance of innovation I’ve witnessed among community bankers during 2021, another challenging year. in Augusta, Ga.

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Community Bank Community Innovation Video 134

Independent Banker

JUNE 30, 2022

But there are ways community banks can help mortgage-seekers get on the property ladder. in early May­—up nearly 250 basis points from lows around 3% seen in 2021. Burmis, senior vice president and retail lending manager at $450 million-asset Chelsea State Bank in Chelsea, Mich. So how can community banks help?

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Community Bank Community Millennials Resources 143

South State Correspondent

FEBRUARY 17, 2021

January is typically a slow month for loan production at community banks, and the pandemic-hampered economy made the month even more challenging for many banks. 8 report showed that all loans were essentially flat in January for banks. The data from the Federal Reserve’s H.8

Community Bank 150

Community Bank Community Data Report 150

Independent Banker

NOVEMBER 30, 2021

“Hi Jim, this is Charlie Brown with Community Trust Bank. How are things at the community bank?”. “I I don’t see how we’re going to do better next year than we’ve done in 2021.”. It turns out that 2021 has been a better year than anyone would have thought at the start.”. Do you have a minute?”. “I

Community 126

Community Community Bank Taxes Security 126

Banking Exchange

JANUARY 24, 2022

Over three quarters of community banks did not close a single branch, Wipfli survey reveals Community Banking Feature3 Feature Risk Management Branch Technology/ATMs Financial Research Payments.

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Community Bank Community Risk Management ATM 78

PYMNTS

DECEMBER 8, 2020

In today’s top news, economists expect the economy to recover back to pre-pandemic levels by the end of 2021, and China’s banking watchdog warns of further Big Tech regulations. Economists: Stimulus, Vaccine Key To Full Recovery By Year-End 2021. Synctera Brings 'FinTech As A Service' To Community Banks.

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San Francisco Community Bank Video Capital 130

Jack Henry

JANUARY 6, 2021

Reflecting back on 2020, the community banking and credit union industries should be proud of how this unprecedented pandemic and resulting economic crisis was managed. Happy New Year! This familiar wish resonates now more than ever before.

Financial Technology 144

Financial Technology Trends Technology Community Bank 144

Independent Banker

FEBRUARY 1, 2022

The banking industry remains in flux. 2021 introduced new challenges for traditional banks, from the added competition of digital-only entrants to shifting consumer banking behaviors and lingering fallout from the ongoing COVID-19 pandemic.

Community Bank 103

Community Bank Community Trends Industry 103

South State Correspondent

JUNE 18, 2024

Deposit costs and liquidity remain a challenge for some community banks as competition for core funding remains intense. The graph below compares the liquidity ratio for community banks (under $10B in assets) and banks over $100B in assets. Community banks do have a few strategies for mitigating COF pressures.

Community Bank 195

Community Bank Community Risk Management Management 195

Independent Banker

DECEMBER 31, 2020

“After a very challenging 2020, I encourage you and your loved ones to end the year strong and fill up with hope for what 2021 may bring.” ” As the song says, “It’s the most wonderful time of the year,” and this year, our communities, customers and employees are likely looking forward to the holiday season more than ever.

Community Bank 91

Community Bank Community New Mexico Training 91

South State Correspondent

MARCH 14, 2022

Community banks have solid competitive advantages when competing against insurance companies (primarily life insurance companies or “Lifecos”) and commercial real estate securitization conduit lenders (CMBS) for commercial borrowers. How Banks Can Compete Against Insurance Companies and CMBS. Solution Parameter. Differentiation.

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Company Community Bank Community Lending 195

Independent Banker

MARCH 31, 2022

A secure, open-loop, cost-saving, customer-accessible, multiplatform P2P payments network might sound too good to be true, but community bank consortium Alloy Labs Alliance hopes to achieve just that with the CHUCK payment rail. Launched: 2021. Julieann Thurlow, Reading Cooperative Bank. By Katie Kuehner-Hebert.

Community Bank 91

Community Bank Community Payments Meeting 91

South State Correspondent

NOVEMBER 16, 2020

Between low-interest rates, the concerning rise in COVID-19 cases, and tough competition for quality commercial loans, community banking is a tough business. Net interest margins at community banks are declining, and the trend is likely to continue through 2021.

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Community Bank Community Trends 150

South State Correspondent

APRIL 18, 2022

Historically, community banks have relied on net interest margin (NIM) instead of fee income to drive return on equity (ROE). In contrast, larger banks have emphasized non-interest income rather than NIM to boost ROE and revenue. Larger banks have historically operated on thinner NIM but higher fee income. Conclusion.

Lending 195

Lending Community Bank Community Comparison 195

Jack Henry

DECEMBER 9, 2021

Investments in financial technology have been increasing for years, but the events of the last 18 months have created a new sense of urgency for community banks and credit unions to fine-tune their digital strategies across the spectrum of various fintech investments.

Strategy 148

Strategy Digital Strategies FDIC Community Bank 148

Banking Exchange

AUGUST 23, 2021

Recent data shows a dramatic increase in commercial real estate loans in the first half of 2021 Mortgage Credit Consumer Credit The Economy Community Banking Mortgage/CRE Mortgage Feature3 Feature.

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Community Bank Community Data 78

South State Correspondent

NOVEMBER 30, 2022

Banks have ceased using LIBOR to price assets and liabilities after 2021. This article will discuss banks’ options for converting LIBOR loans to SOFR that were done through our ARC hedge program instead of the more operationally challenging Fallback Rate. This allows for an entire month for banks to verify and bill customers.

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Community Bank Community Marketing Groups 195

Independent Banker

MAY 31, 2022

Josh Prejean (right) of Bank of Zachary, here with mortgage client David Rozas, says community banks must compete through customer service. We look at how community banks can counter nonbanks’ offerings through streamlined technology, customer service and other strategies. Josh Prejean, Bank of Zachary.

Community Bank 185

Community Bank Community Lending Marketing 185

Gonzobanker

FEBRUARY 8, 2023

billion in Q4 2022, down 79% from Q4 2021. The total number of deals funded dropped from 423 in Q4 2021 to 342 in Q4 2022, representing a 73% decline in the average funding amount per raise from $43 million down to $11.4 Community Banks as Venture Capitalists In fact, not all providers of venture capital are venture capitalists.

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Community Bank Community Fintech Leadership 99

South State Correspondent

SEPTEMBER 18, 2023

The banking industry’s average efficiency ratio worsened for the first time since 2021. This development is very important to community banks, as their efficiency ratio also increased, but to 61.63%. The graph below shows the efficiency ratio for community and non-community banks (over $10B in assets).

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Management How To Community Bank Community 195

Independent Banker

JULY 31, 2022

Following their stints as interns, Malvern Bank retained the talents of (L to R) Cody Sorenson, Keegan Wederquist and Adam Konfrst, hiring them as full-time, mid-level team members. These community banks share how they have (or haven’t) altered their hiring strategies. Eclipse Bank: Reputation matters. Total employment.

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Community Bank Community Iowa Louisville 91

South State Correspondent

MAY 9, 2022

In our previous article ( HERE ), we reviewed the banking industry’s cost of funding earning assets (COF), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle. percentage points to 67.52% from the end of 2019 to the end of 2021. from 2019 to 2021.

Community Bank 195

Community Bank Community Industry Online 195

Independent Banker

APRIL 30, 2021

Consumers are demanding it from the companies with which they do business—so much so that in its Retail Trends 2021 list, Deloitte said it expects purpose to be as disruptive in the next 10 years as digital has been in the past 10. And their symbiotic relationship ultimately drives community bank performance.

Community Bank 170

Community Bank Community Trends Industry 170

Independent Banker

JUNE 30, 2022

If community banks put in the effort to foster a sense of belonging, the result is a stronger workplace culture, greater employee loyalty and, ultimately, a better experience for customers. So, how can community banks build truly inclusive cultures, where everyone feels like they belong? Misti Stanton, Mercantile Bank.

Community Bank 91

Community Bank Community Leadership Millennials 91

South State Correspondent

APRIL 12, 2022

Recently, JP Morgan Chase released its 64-page 2021 shareholder letter and 340-page annual report. As usual, it was full of insight that every community banker should consider. Our focus is on information that pertains to the community banking industry. 1) The Fed May Hike More Than Expected.

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Community Community Bank Leadership Lending 195

South State Correspondent

JANUARY 16, 2024

Some bankers will soon hear about another example of banks using derivatives that, unfortunately, will lead to losses. introduced a LIBOR alternative in March of 2021 (called BSBY). We published various articles comparing community bank alternatives to LIBOR (such as SOFR, Ameribor, Fed Funds, and Prime).

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Community Bank Community Compliance CA 195

South State Correspondent

JULY 25, 2016

If you think the economy is going to muddle along, then you should skip this post as our analysis isn’t going to make a difference in your future - 2021 will be much the same as 2016. As can be seen by the graph below, commercial real estate risk continues to increase and the risk on new community bank loan production is up 6.5%

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Community Bank Analysis Community Data 150

South State Correspondent

APRIL 24, 2022

Banks have ceased using LIBOR to price assets and liabilities after 2021. However, some community banks are still deciding on the correct term lending index to adopt. Many banks are uncertain that they have chosen the best term index for their products and markets. Considerations For Choosing A Term Lending Index.

Lending 195

Lending Community Bank Community Marketing 195

Independent Banker

JANUARY 31, 2022

Southern Bancorp partners with other community banks to increase loan accessibility and financial literacy to low-income customers. As CEO of Southern Bancorp, Darrin Williams wants to promote relationships between community banks and CDFIs to create more prosperous communities. Photo by Dero Sanford.

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Community Bank Community Leadership Arkansas 172

South State Correspondent

JULY 10, 2023

One possible solution to this dichotomy is for banks to offer interest rate swaps to hedge individual loans. This article will review domestic banks’ adoption of interest rate swaps. Next week’s article will consider the challenges and possible solutions for community banks to adopt loan hedging programs.

Community Bank 195

Community Bank Community Tools Management 195

Independent Banker

JULY 31, 2021

Because the community bank business model relies on our employees as our strongest assets, recruiting and retaining top talent has always been a chief priority. Take a look at the recently published results of the 2021 Crowe ICBA Compensation Benefits Survey. We also have to rethink how we position community banking as a career.

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Community Bank Community US Industry 172

South State Correspondent

MARCH 21, 2023

The need for a known, reliable brand creates an excellent opportunity for community banks to help small business customers while building deposit balances. As such, like PPP, this would be a limited product for any bank. This improves the credit position of the small business customer, thereby reducing risk for the bank.

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Taxes Community Bank Community Operations 195