Abrigo

FEBRUARY 14, 2024

Find commercial real estate risks in the loan portfolio Sound risk management practices in commercial real estate lending help lenders manage CRE credit losses and protect the portfolio's profitability. LISTEN Takeaway 1 Effective CRE risk management involves adapting to changing market fundamentals to avoid excessive loan losses.

Risk Management 195

Risk Management Management Lending Capital 195

South State Correspondent

JUNE 5, 2023

Community bank cost of funds is jumping up. As shown in the graph below, the net interest margin (NIM) for community banks declined 22bps in Q1’23. The question is – what will happen to community bank’s cost of funds from here? The graph below shows community bank cost of funds compared to those banks over $25B.

Community Bank 195

Community Bank Community Industry Strategy 195

Perficient

NOVEMBER 1, 2024

low- to moderate-income communities, communities of color, women, rural, tribal, or disadvantaged communities). In June 2024, the US Treasury issued a Request for Information (RFI) on the uses, opportunities and risks presented by developments and applications of artificial intelligence within the financial sector.

Regulation 221

Regulation US Community National 221

South State Correspondent

SEPTEMBER 20, 2023

The treasury or cash management customer is usually a bank’s most profitable customer on a risk-adjusted basis ( HERE ). In this article, we discuss cash management profitability and rank the most profitable industries for banks to go after. Cash flow stability is also a factor in cash management profitability.

Management 195

Management Survey Industry Community Bank 195

Jeff For Banks

OCTOBER 2, 2024

Financial Markets Update – Third Quarter 2024 I had a fantastic September traveling to France and Luxembourg with my sisters. What would this disruption mean especially since there is so much need in states like Florida, North Carolina, and Tennessee after Hurricane Helene destroyed so many communities with massive rain and flooding.

Marketing 153

Marketing North Carolina US Community 153

Jeff For Banks

JULY 1, 2024

Financial Markets Update – Second Quarter 2024 A dream vacation! That and getting consumed by Euro 2024 and Copa America soccer and of course, the Phillies. In July 2024, we will mark two years of inversion between the 10-year Treasury and the 2-year Treasury yields. for 2024 and 2.0% It was so beautiful and lots of fun.

Marketing 153

Marketing Conference Policies Survey 153

Perficient

FEBRUARY 15, 2024

The NYSDFS Part 500 amendments signal a crucial shift in the financial services regulatory landscape and underscore the importance of robust governance, risk management, and compliance frameworks. Issues and Findings Management: Document issues and gaps identified during risk assessments and control testing, crucial for compliance.

New York 221

New York Compliance Regulation Analysis 221

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. This deposit and loan repricing mismatch caused NIM pressure at community banks.

Community Bank 195

Community Bank Community Risk Management Management 195

Perficient

FEBRUARY 15, 2024

These DFS500 amendments signal a crucial shift in the regulatory landscape, emphasizing the imperative for robust governance, risk management, and compliance frameworks across the financial industry. Issues and Findings Management: Document issues and gaps identified during risk assessments and control testing, crucial for compliance.

Compliance 221

Compliance New York Regulation Analysis 221

American Banker

NOVEMBER 12, 2024

This year, 90 banks made American Banker's 12th annual Best Banks to Work For ranking. The leaders of these institutions share how they keep their employees happy.

Community Bank 92

Community Bank Community Management 92

South State Correspondent

APRIL 30, 2024

An inverted yield curve, continued bank failures, and the desire to manage risk and offer clients higher service are all factors that are driving more community banks to adopt a loan hedge program. Community banks do this profitably by turning transactional accounts into relationships.

Community Bank 195

Community Bank FDIC Community National 195

South State Correspondent

APRIL 30, 2024

An inverted yield curve, continued bank failures, and the desire to manage risk and offer clients higher service are all factors that are driving more community banks to adopt a loan hedge program. Community banks do this profitably by turning transactional accounts into relationships.

Community Bank 195

Community Bank FDIC Community National 195

South State Correspondent

JANUARY 30, 2024

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. For perspective, 2023 and what we expect for 2024 can be characterized as keeping up with revenue. of total expenses; in 2024, this number is expected to be 11.2%.

Capital 195

Capital Operations Customer Experience Comparison 195

Abrigo

NOVEMBER 13, 2024

Despite borrowing more and tapping credit lines, they're managing leverage and meeting debt obligations, according to Abrigo's proprietary data. In conversations with community banks and credit unions across the country, we’re hearing about a significant increase in line utilization, raising questions about both liquidity and credit risk.

Lending 195

Lending Meeting Data Risk Management 195

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. Bloomberg recently announced that it will shut down its BSBY index on November 15, 2024. The reason for the cessation of BSBY is simple – lack of use.

Community Bank 195

Community Bank Community Compliance CA 195

South State Correspondent

JULY 26, 2023

The bigger risk to community banks’ business model is not a moderate recession induced by aggressive interest rate increases by the Federal Reserve. The Fed may be nearing the end of its hiking cycle, but given the high threshold for interest rate cuts, there may be no changes in the Fed Funds rate until well after 2024.

Community Bank 195

Community Bank Community Strategy Atlanta 195

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 ). Deposit Behavior In This Tightening Cycle Versus Last Three.

Community Bank 195

Community Bank Community Analysis Industry 195

PopularBank

DECEMBER 11, 2023

Molly Hime, a long-time Division Manager for Popular Association Banking (PAB), a division of Popular Bank , has announced her retirement, effective December 31, 2023. Carlos Hernandez Named New PAB Division Manager. Effective January 1, 2024, Carlos Hernandez will be Division Manager for PAB. Billion in deposits.

Management 52

Management Florida Community Leadership 52

Abrigo

SEPTEMBER 17, 2024

Manage the impact of interest rate cuts at your institution These five tips from Abrigo expert Dave Koch will help banks and credit unions prepare for a rate drop. You might also like this on-demand webinar, "Navigating uncertain times: Strategies for effective risk management and compliance."

Strategy 221

Strategy Risk Management Lending Management 221

Jeff For Banks

MARCH 21, 2024

2024 could exceed -$2.0 DLJ 03/15/24 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis. Dorothy recently retired from Penn Community Bank where she worked since 2004.

Marketing 143

Marketing Policies Report Atlanta 143

Perficient

DECEMBER 27, 2023

Manage third-party risks, especially for relationships involving higher-risk or critical activities. YOU MAY ENJOY: Regulatory Reporting in Financial Services Modernizing CRA Regulations Managing compliance risk frameworks in alignment with existing risk profiles is crucial as customer needs evolve.

Compliance 221

Compliance FDIC Regulation Fraud 221

Abrigo

DECEMBER 28, 2023

Top banking risk management papers and infographics Abrigo experts' insights on deposit pricing, stress testing, loan review, and CECL were popular with banking risk professionals. Indeed, regulators and management alike focused on these risks more and more in 2023 following the failure of Silicon Valley Bank and repeated rate hikes.

Resources 221

Resources Risk Management eBook Strategy 221

Gonzobanker

JANUARY 4, 2024

In 2024, Smarter Banks will go on offense and differentiate with the customer experience. In the spirit of New Year’s resolutions, here are three ways “Smarter Banks” will flip the customer experience (CX) script in 2024. #1 2024 is an opportunity to go on offense and make CX a true point of competitive differentiation.

Customer Experience 108

Customer Experience Community Knowledge Base Tools 108

PopularBank

DECEMBER 7, 2022

Building inspections are required for community buildings in all 67 counties in Florida that are three or more stories in height. Effective December 31, 2024, no unit owner-controlled condominium or cooperative can vote to waive or partially fund the reserves. Florida’s new condo safety laws at-a-glance. Mandatory building inspections.

Community 52

Community Florida Study ATM 52

Abrigo

JULY 20, 2024

Pruis Examining federal Call Report data from 2016 to Q1 2024 for banks with assets of $70 billion or less, Cornerstone found that only one in 10 institutions that started in 2016 with less than 18% of its portfolio in C&I was able to increase that percentage by 2023. However, most don’t measurably increase C&I from year to year.

Lending 195

Lending Risk Management Management Capital 195

Abrigo

MAY 30, 2023

1, 2024, and report for the first time by June 1, 2025. 1, 2024, is the earliest compliance deadline. Earliest deadline is 2024 Three deadlines for CFPB 1071 rule compliance The earliest reporters are those that have originated at least 2,500 small business loans covered by the rule in 2022 and at least 2,500 in 2023.

Compliance 195

Compliance Lending Data Regulation 195

Abrigo

FEBRUARY 6, 2024

Takeaway 2 Community banks may face challenges seeking reimbursement for breach of warranty claims filed with other FIs. According to fraud strategists , check fraud is projected to soar to $24 billion in 2024. You might also like this on-demand webinar explaining how fraudsters use checks to their advantage.

Fraud 221

Fraud Training Trends Regional 221

Abrigo

APRIL 22, 2024

Small business lending is also a prominent line of business for many financial institutions, especially those driven by a mission to help their communities thrive. 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.

Lending 243

Lending St. Louis Community Marketing 243

Abrigo

MAY 22, 2024

Small business lending is also a prominent line of business for many financial institutions, especially those driven by a mission to help their communities thrive. 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.

Lending 195

Lending St. Louis Community Marketing 195

Abrigo

JANUARY 22, 2024

Takeaway 2 Examiners' focus is on risk management related to products and services , especially those involving complex technologies like AI. billion in losses globally last year, according to Nasdaq’s  2024 Global Financial Crime Report. For A proactive approach to risk management involves continuous monitoring and adjustment.

Fraud 221

Fraud Risk Management Training Software 221

South State Correspondent

APRIL 22, 2024

The market and the Fed are now aligning on only one rate cut in 2024 – obviously this will change over the course of the year as the economic data evolves. Third, banks and businesses cannot be adequately managed by positioning for one forecast. The market, and most economists, often get interest rate predictions wrong.

Marketing 195

Marketing St. Louis Analysis Study 195

PYMNTS

OCTOBER 12, 2020

He noted there has been additional input from the FedNow Community of 700 members. The Fed has publicly stated that it has committed to a 2023/2024 timeframe for FedNow, and added that “as we look at the delivery of the service, we’re going to be very transparent. The Timeframe . Digital Dollars, Too? .

Payments 244

Payments Boston System Operations 244

Independent Banker

FEBRUARY 28, 2022

percent through 2024—a number above the long-term growth rate of 2 percent–what should be of interest to lenders during this time is the direction of interest rates. What it means for community banks is clear. While the U.S. economic growth rate is predicted to settle upwards of 2.5 Following a ten-year high of just above 4.5

Leadership 91

Leadership Strategy Lending Community Bank 91

South State Correspondent

NOVEMBER 29, 2023

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing. Many banks fall into the “recency trap.”

Marketing 195

Marketing Regional National Nashville 195

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. Our Troublemaker clients reacted to all this mayhem by keeping their focus on customers, making good loans, sticking to their digital transformation strategies, developing employees and giving back to their communities.

Fintech 190

Fintech Community Regional Technology 190

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. The ERC filing deadline is October 2024. While largely mitigated by our processing partners, the reputational risk would befall the community bank.

Taxes 195

Taxes Community Bank Community Operations 195

Abrigo

APRIL 25, 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. Generally, small business loans benefit business owners, they also benefit communities, according to 2021 research for the SBA. 1 appeared first on Abrigo.

Lending 221

Lending Trends Capital Strategy 221