South State Correspondent

MAY 18, 2022

In two recent articles, we reviewed the banking industry’s deposit behavior with regard to cost of funding earning assets (COF) ( HERE ), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle ( HERE ).

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South State Correspondent

JANUARY 16, 2024

Barings Bank, Orange County (CA), Enron, Long-Term Capital Management, and other entities misused derivatives or didn’t understand the difference between hedging and speculating. Some bankers will soon hear about another example of banks using derivatives that, unfortunately, will lead to losses. No ISDA documents.

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South State Correspondent

JANUARY 30, 2024

We recently conducted a small sample poll, and out of 21 banks, budgets were down an average of 14% for this year. In this article, we partner with Gartner to look at 2024 key IT metrics and provide strategic insight into how much your bank should be spending on IT. Usually, a bank spends about 8% of its revenue on IT.

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Capital Operations Customer Experience Comparison 195

Abrigo

NOVEMBER 13, 2024

Businesses' working capital cycles are longer. Bank and credit union leaders can use data to inform small business lending Small businesses are showing resilience. Longer working capital cycles drive line utilization Businesses are holding inventory longer (81 days in 2023 vs. 72 in 2019) and extending receivables (31 to 41 days).

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Lending Meeting Data Risk Management 221

South State Correspondent

SEPTEMBER 12, 2022

The banking industry’s cost of funds (COF) is highly correlated to short-term interest rates. However, as of Q2/22, the average community bank’s COF has risen only a few basis points. The COF over the past five quarters is shown for three asset peer groups: banks under $1B (3.5k The Data on Cost of Funds.

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Community Bank Community Industry Online 195

Jeff For Banks

DECEMBER 10, 2024

Short-term focus is a common trait of banks that focus on shareholder primacy over stakeholder primacy. Total return includes two components: capital appreciation and dividends. 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%. M&F Bancorp, Inc.

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Las Vegas Lending Community Bank North Carolina 70

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. That 9% does not include specialty consumer banks or fintech companies.

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Community Bank Community Industry Online 195

Abrigo

APRIL 22, 2024

The Fed’s latest Small Business Credit Survey , conducted in 2023 and released in 2024, found that nearly 60% of employer firms had sought financing in the previous 12 months. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets. Louis Fed : [S]mall-business loans—i.e.,

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Lending St. Louis Community Marketing 243

American Banker

OCTOBER 24, 2024

The bank cut its dividend, raised capital, hired multiple top executives and vowed to reduce its commercial real estate concentration after a bruising first half of 2024.

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Maryland Capital Community Bank Community 74

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. Expect more deals to be announced in 2024.

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Fintech Community Regional Technology 192

Abrigo

MAY 22, 2024

The Fed’s latest Small Business Credit Survey , conducted in 2023 and released in 2024, found that nearly 60% of employer firms had sought financing in the previous 12 months. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets. Louis Fed : [S]mall-business loans—i.e.,

Lending 195

Lending St. Louis Community Marketing 195

Gonzobanker

JULY 11, 2024

Halfway through 2024, most banks and credit unions have settled into the current environment— for better or worse. According to Digital Banking Report, 45% of banks and credit unions do not have a formal onboarding process. Now is the time to fortify your defenses for the war on deposits.

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Strategy Analytics Tools Digital Banking 145

ABA Community Banking

OCTOBER 21, 2024

The ABA Foundation named seven banks as 2024 Community Commitment Award winners. Raul Valles of Dallas Capital Bank in Texas to receive the George Bailey Distinguished Service Award.

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Community Dallas Texas Capital 52

Independent Banker

DECEMBER 31, 2022

We recently spoke with community bank CEOs from across the country to gain insights on how they’re proactively positioning to manage risks and take advantage of growth opportunities in the coming year. Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023. Corey Neil.

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Community Bank Community Tampa North Carolina 91

American Banker

SEPTEMBER 11, 2024

When it comes to delivering superior return on average equity, smaller banks frequently punch above their weight, according to a recent study by Capital Performance Group and American Banker.

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Study Capital Groups Community Bank 78

Jeff For Banks

MARCH 5, 2022

Investors have seen this movie before and are fearful of recession in 2023 or 2024. Productivity has been on the rise, with capital investment in technology and machines, and may serve to keep unit labor costs in check and profit margins stable. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

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Marketing Policies Community Bank Community 60

Fintech Labs Insights

AUGUST 22, 2024

Europe 2024 (London): Corsound AI: AI company advancing in sound recognition technologies, expanding market reach, receiving favorable industry reviews and increasing investment interest. MoneyDesktop (now MX): Continued to enhance digital banking experience with better data analytics. Remynt : Won a $100k grant from Visa in Oct 2023.

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San Francisco New York San Jose Tools 15

Independent Banker

NOVEMBER 30, 2021

Many hotels and other hospitality businesses haven’t fully bounced back from COVID-19 travel and safety restrictions, but community banks have been by their side through the challenges. MainStreet Bank has a sizable hotel loan portfolio with roughly $100 million in loans on 15 properties. By Beth Mattson-Teig. Photo: R.J.

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Community Bank Community Texas Dallas 209

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. We humbly offer the 2024 GonzoBanker awards for your review. More and more regional banks are looking outside of The Big 3 core providers, which is a big opportunity for TCS and its global peers.

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Fraud Fintech Marketing Industry 78

Gonzobanker

JULY 25, 2024

A recent Wall Street Journal nailed the title— Main Street Banking Model Is Being Squeezed —but missed the mark on the cause. Commenting on the Q1 2024 profit declines for many community and regional (i.e., 5) The government The WSJ article cites banks’ pullback “in anticipation of potentially stricter capital rules.”

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Community Bank Community Lending Maine 140

South State Correspondent

DECEMBER 5, 2024

A steeper yield curve, better credit outlook and increased projected margins have given banks more confidence to increase technology and product investments in 2025. While technology budgets are always difficult to compare, banks are expected to spend 4.7% more next year than compared to 2024.

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Trends Technology Data Apple 195

South State Correspondent

JULY 29, 2024

However, we would like to identify one important macroeconomic variable that will affect the banking industry regardless of the makeup of the legislative and executive branches of the US government. Regardless of who wins, our national debt will continue to increase, and community banks should be prepared for its consequences.

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