South State Correspondent

MARCH 30, 2023

Since the time of acquisition, the cost of acquisition and the overall effort are about the same, so why not target state and national trade associations? Top 20 Deposit-Rich Industries Using the data we have, we looked at some major industries that have above-average balances that community banks have had success with in the past.

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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.

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Banking Exchange

JANUARY 16, 2023

Merchants & Marine Bank and City National Bank have launched separate initiatives to support small businesses and local communities Community Banking Feature3 Feature Small Business Customers People Consumer Compliance

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Independent Banker

DECEMBER 31, 2022

While the pace of bank regulatory changes has diminished from a few years ago, several issues will either become effective or likely develop in 2023. Community banks must continue to stay focused on regulatory discussions and remain nimble to respond to proposals and address requirements quickly and accurately.

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South State Correspondent

JUNE 13, 2023

On our loan hedging desk, we work with hundreds of banks ranging in size from just over $100mm in assets to some national banks with over $1T in assets. Conclusion We have always been keen on outlining practices that lead to higher performance for community banks.

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South State Correspondent

JANUARY 25, 2024

The 10-year treasury hit just over 5% in October 2023, and interest rate volatility is the highest since the great financial crises, as shown in the graph below (ICE swap volatility index). Forward Rate Lock Tools National lenders have been using locks for decades, and these instruments can take many forms.

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Cisco

JANUARY 10, 2023

Whether a community bank or a credit union, regional insurer, or multi-national financial institution, cross-functional engagement with champions, key influencers and ultimate decision-makers also helps to eliminate silos inherent in the financial services industry. Accelerated Digital Transformation Framework.

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South State Correspondent

AUGUST 21, 2023

Earlier this month, on August 7, 2023, Moody’s Investor Services (“Moody’s”) published a banking sector review. That publication was referenced in the media as a US bank rating action, with a downgrade to ten larger banks (and a negative outlook to 11 other larger banks).

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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. Community banks with larger percentages of DDA balances will fare better.

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Independent Banker

FEBRUARY 28, 2023

Derek Williams, president and CEO of Century Bank & Trust in Milledgeville, Ga., wanted to be a financier before finding his way to community banking. He has served as president and CEO of $365 million-asset Century Bank & Trust in Milledgeville, Ga., now part of Bank of America, before moving to Griffin, Ga.,

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Abrigo

OCTOBER 22, 2024

Say "thank you" this National FinCrime Fighter Day BSA professionals and financial crime fighters are tasked with the challenge of protecting our financial system daily. October 26 is National Financial Crime Fighter Day , and it’s the perfect time to pause and applaud everything these professionals do. It’s about relationships.

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Independent Banker

JANUARY 31, 2023

Illustration by Maïté Franchi With educational sessions on hot‑button issues, inspirational speakers and beneficial networking opportunities, ICBA LIVE is the greatest community banking event in the country. Everyone leaves the event with new information in hand to put into action back at their bank.” New connections.

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South State Correspondent

JULY 7, 2024

This example of a two-way asymmetrical liquidity option is common at most banks, and this was the primary cause of several high-profile bank failures in 2023. This reduction represents 23% of the average NIM for community banks. In contrast, borrowers hold the option to prepay assets.

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Abrigo

AUGUST 13, 2024

Bank Slate Convos 6. Main Street Banking: A Podcast for Community Bankers 8. Banking on Digital Growth 9. The Community Bank Podcast 10. Banking on Fraudology Banking on Fraudology is hosted by Hailey Windham, CFCS, who was named a 2023 CU Rockstar. With Flying Colors 7.

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Abrigo

DECEMBER 16, 2019

Key Takeaways An SEC filer with a 2020 CECL deadline recommends starting ASAP on implementation -- even if your deadline is 2023. Even now, however, banks and credit unions with 2023 deadlines are seeking information about what the earliest adopters have learned so far in their implementation efforts. Get started.

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ABA Community Banking

NOVEMBER 12, 2024

households were unbanked in 2023, according to the FDIC’s National Survey of Unbanked and Underbanked Households, which also explored bank account access trends and cryptocurrency adoption. The post FDIC: Percentage of unbanked households dropped slightly in 2023 appeared first on ABA Banking Journal.

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Banking Exchange

JANUARY 9, 2023

First National of Nebraska and Renasant Bank have announced deals, while Brookline and United Community Banks have completed acquisitions Management Feature M&A Feature3 Community Banking.

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South State Correspondent

APRIL 10, 2023

CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). The risk here is that community banks continue to take on an above-average amount of CRE credit exposure.

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Abrigo

JULY 28, 2021

Takeaway 1 The 2023 deadline for CECL implementation is coming, and many SEC filers have said they would have started earlier. . Banks and credit unions also need to determine what data has been tested or historically reconciled to make sure that gaps and inconsistencies do not cause problems. Start Now’.

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Abrigo

MARCH 17, 2022

The 2022 stress test scenarios provide a blueprint for community banks and credit unions to get started on their own stress tests. Banks and credit unions can tailor them to their own instances rather than building them from the ground up – editing the regulator-developed scenarios as opposed to creating them from scratch. "a

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Independent Banker

APRIL 30, 2022

Here’s how community bankers can take advantage of various sectors—including SBA lending—over the next 12 months. Community banks that have struggled to grow their commercial loan portfolios over the past two years are optimistic that there are brighter days ahead this year and next. billion asset community bank.

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South State Correspondent

OCTOBER 28, 2022

Almost every bank and brand we spoke with will increase their investment in these two areas for 2023. This was followed by a focus on banking-as-a-service, embedded finance, open banking, Web 3.0, Any community bank that believes it can keep up and thwart millions of attacks per second is fooling itself.

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South State Correspondent

JULY 25, 2022

Most banks included 75bps in rate hikes. Now, stakeholders want to know what the bank has budgeted for the rest of the year? While this faster hiking has been good for bank earnings this year, questions are starting to arise about the bank’s forecast and strategy for 2023? and beyond.

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Jeff For Banks

MARCH 21, 2024

Our lives changed forever from this whole experience of the government’s declaration of a national emergency, leading to forced shutdowns of businesses and schools, mandated mask wearing, forcing 6-foot distances between people, travel restrictions, fear mongering with case and death counts, and forced vaccines/boosters.

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Jeff For Banks

DECEMBER 10, 2024

As a point of reference, the S&P US BMI Bank Total Return Index for the five years ended December 6, 2024 was 34.55%. Before we begin and for comparison purposes, here are last year's top five , as measured in December 2023: #1. The Bank is currently offering shares for sale at-the-market to support future growth.

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Independent Banker

OCTOBER 31, 2022

AI can help solve customer pain points—but does it mean community banks will lose the personal touch they pride themselves on? As community bankers themselves tell us, the answer is no. The estimated amount of money banks will save by using AI applications by 2023. billion-asset Sunwest Bank in Sandy, Utah.

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Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Shielding sensitive customer information from prying eyes remains a chronic industry challenge. Bob Hickok.

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South State Correspondent

MARCH 15, 2023

The ratio would provide a bank’s current core capital position to risk-adjusted assets. Some form of this ratio will likely be applied to the national and regional banks, which means larger community banks will also be judged by this ratio. 9) Brand Matters: SVB had one of the best brands in banking.

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Jeff For Banks

JULY 13, 2023

But can it be for the community banks that would covet the customers that make up the $1.9 Wells Fargo was slapped with a similar CO back in 2016, while they were third in the nation in deposit market share. Not a red-letter day for BofA. trillion in BofA deposits? If past is prologue, we shouldn't get too excited.

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Jeff For Banks

NOVEMBER 3, 2023

Financial Markets & Economic Update - Fourth Quarter 2023 Summer Update On this warm October day, I am staring at my Bloomberg screen, still heartbroken over the Phillies Phailure. Interest rates are all elevated, with the 2-year Treasury yield at 5.01% and the 10-year at 4.85%, which is up by over 100 basis points since June 30, 2023.

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Jeff For Banks

MARCH 5, 2022

Investors have seen this movie before and are fearful of recession in 2023 or 2024. The federal stimulus also drove our national debt levels to over $30 trillion, or 123.4% in 2023, which is back to the lower equilibrium growth rate of just over 2%. Credit spreads have begun to widen. Nominal GDP was +10.6%

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Gonzobanker

DECEMBER 19, 2022

Financial institutions that relied on mortgage banking fee income as a key earnings component have been left to make big adjustments. As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Goes to CSI.

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Fintech Labs Insights

AUGUST 22, 2024

seed round in Oct 2023 from 8 investors including YC and a16z (scout fund). Remynt : Won a $100k grant from Visa in Oct 2023. Tuum: Raised $48M for its modular banking technology, gaining traction with banks and financial institutions across Europe. QuickFi : Reported a 45% increase in loan volume. Debbie: Raised $2.7M

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Gonzobanker

JULY 25, 2024

The core of the squeeze comes from: 1) The redefinition of community It’s hard for bankers to see and accept the long-term decline of geography as “community.” ” National providers—banks, fintechs (e.g., 3) Product pricing There’s a value disconnect in banking. The savior?

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South State Correspondent

APRIL 15, 2024

Last week, JPM released its 84-page 2023 shareholder letter and 364-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. JPM believes that it holds 9.5%

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Gonzobanker

DECEMBER 19, 2024

” Sam Cooke Gonzo Nation, 2024 went by so fast that nobody had a chance to stop and think about what in the world was going on. This bank pursues unique niches that other banks might find risky, but Western Alliance goes deep with specific industry and credit expertise to turn out a whopping 3.61% net interest margin with only a.45%

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Abrigo

DECEMBER 26, 2024

However, community banks, in particular, face challenges in quantifying risk and applying compliance measures using a risk-based methodology, Brewer said. To succeed against fraud, more banks and credit unions must also focus on internal fraud prevention training. Check fraud will also place fresh demands on compliance teams.

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