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Dan Robb: Capital proposal is concerning to community bankers

ABA Community Banking

Community banks need to get engaged on the regulators’ capital framework overhaul, outgoing ABA Chair Dan Robb told ABA’s Annual Convention in Nashville this morning. The post Dan Robb: Capital proposal is concerning to community bankers appeared first on ABA Banking Journal.

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CapStar Financial in Nashville Plans IPO

American Banker

CapStar Financial Holdings in Nashville, Tenn., whose board includes a top Credit Suisse executive, has filed plans to raise up to $46 million in an initial public offering.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

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Rebeca Romero Rainey: Let’s continue to push the boundaries

Independent Banker

It was wonderful to see so many of you at ICBA LIVE a few weeks ago in Nashville, Tenn. It’s always great to be with fellow community bankers, and now, as ICBA president and CEO, our members! It could be something as simple as making a loan to a new kind of business in your community, or bringing in a new technology.

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Impact Roadshow | Nashville, TN

Filene

Local Host: US Community Credit Union. It was also a great forum for the Coast Capital team to engage with peers within the organization and across the industry. 1:00 p.m. - Filene Host: Lauren Culp. Click the arrow below to REGISTER for this event: WHAT IS AN IMPACT ROADSHOW? Filene Feedback | Linda Young.

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Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

Nashville community bank Studio Bank was the first FI to adopt the AvidPay solution. The company announced on Thursday (Dec. 5) that it is integrating AvidPay into its BankTEL product suite, which is designed for financial institutions (FIs) to manage accounting and expenses.

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Pinnacle in Tenn. Raises $120M to Retire Debt, Boost Capital

American Banker

Pinnacle Financial in Nashville, Tenn., has sold $120 million in subordinated notes and will use the proceeds to retire existing debt and bolster its capital levels.

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