Abrigo

JUNE 28, 2024

Takeaway 2 Abrigo advisory expert Susan Sharbel offers insights into where your bank should focus its resources to manage interest rate risk, Takeaway 3 Practical steps for preparing your ALM program for rate changes include updating and validating risk models regularly, conducting tests, and reviewing portfolios.

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Community Bank Strategy Community Management 195

ABA Community Banking

JULY 21, 2022

The latest issue of the FDIC Quarterly explores loan performance at community banks in five manufacturing-concentrated states: Indiana, Kentucky, Louisiana, Michigan and Wisconsin. The post FDIC Quarterly highlights community bank performance in manufacturing states appeared first on ABA Banking Journal.

Community Bank 59

Community Bank FDIC Community Louisiana 59

Abrigo

DECEMBER 2, 2014

To provide a report card on industry status and performance, the FDIC publishes a Quarterly Banking Profile. Results from the third quarter were just released, and while overall results were positive, community banks in particular excelled. Community banks’ net income grew almost 11 percent to $4.9

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Community Bank FDIC Community Industry 207

Abrigo

AUGUST 6, 2021

How can community financial institutions thrive in 2021? Community banks provide unique and important banking services for their customers, but they also face significant obstacles. Takeaway 1 Community banks play an important role in the economy and their communities, but they face significant obstacles.

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Community Bank Community Kansas City Lending 195

South State Correspondent

NOVEMBER 18, 2024

The current policy directions from the new administration are largely inflationary, and community banks should be paying attention and consider a loan-level hedge strategy. Many banks that survived the rapid interest rate hikes still struggled with net interest margin (NIM) compression caused by fixed-rate loans and securities.

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Strategy Community Bank Community FDIC 195

ABA Community Banking

DECEMBER 16, 2020

The FDIC today released a large-scale Community Banking Study that examines community bank performance between year-end 2011 and year-end 2019. The post FDIC Publishes Wide-Ranging Community Banking Study appeared first on ABA Banking Journal.

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Community Bank FDIC Study Community 69

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

ABA Community Banking

DECEMBER 9, 2020

The FDIC today released a new staff study highlighting how economies of scale developed at community banks (those with $10 billion or less in assets) between 2000 and 2019. The post FDIC Analysis Examines Community Bank Economies of Scale appeared first on ABA Banking Journal.

Community Bank 69

Community Bank FDIC Analysis Community 69

ABA Community Banking

NOVEMBER 5, 2024

The FDIC has released a new online tool to help financial institutions, investors and others identify neighborhoods that could benefit from banking services. The post FDIC debuts online tool to promote creation of minority banks appeared first on ABA Banking Journal.

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FDIC Tools Online Community Bank 52

Jeff For Banks

JANUARY 14, 2021

In June of 2008 I gave a speech titled "The Death of the Community Bank" and in that speech I made predictions. Prediction: The General Bank will become extinct. Much like competitors nip at community banks' customers. Eighteen percent of that group opened an account at a digital bank. Result: Mixed.

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Community Bank Community FDIC Strategy 130

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. Roughly 4.2%

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FDIC Survey cryptocurrency National 52

South State Correspondent

SEPTEMBER 9, 2024

However, for community banks (under $10B in assets), the ROE declined to 10.44% (from 10.57% in the previous quarter). The Data In Q2/24, the number of FDIC insured community banks declined to 4,104 (a decrease of 27 community banks for the quarter). in the last year for community banks.

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Community Bank Community FDIC Industry 195

PYMNTS

JANUARY 31, 2019

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. With clearance to move forward with its plans, the community banking landscape will see its first new industry player in years.

Community Bank 122

Community Bank Community FDIC Marketing 122

ABA Community Banking

SEPTEMBER 17, 2019

The FDIC today approved a final rule allowing community banks with a leverage capital ratio of at least 9% to be considered in compliance with Basel III capital requirements and exempt from the complex Basel Calculation. The post FDIC Final Rule Sets Community Bank Leverage Ratio at 9% appeared first on ABA Banking Journal.

Community Bank 66

Community Bank FDIC Community Capital 66

Independent Banker

APRIL 30, 2022

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success.

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Community Bank Community Montana Taxes 172

ABA Community Banking

SEPTEMBER 24, 2021

Community banks that invested more in technology before COVID-19 made more loans and took in more deposits during the pandemic than did community banks that invested less in technology, according to a new FDIC report.

Community Bank 109

Community Bank Community Technology FDIC 109

ABA Community Banking

OCTOBER 2, 2024

Only 3% of banks fully automate the small-business lending process, and only for very small loans, and most borrowers are located within 40 miles of a bank branch, according to an FDIC survey. The post FDIC survey: Bank branches remain vital part of small-business lending appeared first on ABA Banking Journal.

FDIC 52

FDIC Survey Lending Community Bank 52

Abrigo

SEPTEMBER 16, 2019

Community bankers are largely positive about the future, based on the first results of a new index gauging business sentiment among the financial professionals who serve a critical role in local economies. The survey for the inaugural index included 512 FDIC banks responding from early in the second quarter through July 5.

Community Bank 150

Community Bank Community Policies Survey 150

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. Julieann Thurlow, CEO of $730 million-asset Reading Cooperative Bank in Reading, Mass.,

Community Bank 91

Community Bank Community Payments Meeting 91

South State Correspondent

SEPTEMBER 3, 2024

The magnitude and duration of declining short-term interest rates also plays a role in influencing a specific bank’s NIM. A recent published FDIC research paper looked at the historic relationship between NIM and short-term interest rates ( here ). Noncommunity banks have historically demonstrated more noninterest income.

Community Bank 195

Community Bank Community FDIC Industry 195

ABA Community Banking

AUGUST 25, 2020

FDIC-insured banks and savings institutions earned $18.8 billion in the second quarter of 2020, a 70% decline from a year prior, the FDIC reported today. The post FDIC: Bank Profits Fall amid Ongoing Pandemic; Community Bank Income Grows appeared first on ABA Banking Journal.

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FDIC Community Bank Community Report 45

South State Correspondent

JUNE 11, 2024

FDIC-insured “Problem Banks” list has been increasing over the past two years. For the community banking industry (banks under $10B in assets), this is particularly troubling as the number of community banks earning negative return on equity (ROE) spiked to 237 institutions in Q1/24, or 5.71% of all community banks.

Community Bank 221

Community Bank Community Analysis Capital 221

ABA Community Banking

APRIL 24, 2024

The FDIC named four new bankers as members of the agency's Minority Depository Institutions Subcommittee. The post FDIC names four bankers to MDI subcommittee appeared first on ABA Banking Journal.

FDIC 52

FDIC Community Bank Policies Community 52

ABA Community Banking

DECEMBER 1, 2020

FDIC-insured banks and savings institutions earned $51.2 decline from the year prior, but a significant improvement from the first half of the year, the FDIC reported today in its Quarterly Banking Profile. billion in the third quarter of 2020, a 10.7%

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FDIC Community Bank Community Report 64

PYMNTS

JUNE 25, 2019

Cross River Bank has partnered with a range of FinTech startups since its 2008 launch, including collaborations with Stripe , Coinbase and Affirm , reports said. Seed members will be migrated to Cross River as the community bank expands with new offices in California and Oregon. reports said.

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Community Bank Community Digital Banking FDIC 116

South State Correspondent

AUGUST 21, 2022

Last week we wrote about loan-level vs. balance sheet hedging for community banks and provided our loan proposal generator ( HERE ). We compared and contrasted the two strategies and sized the market for community banks. A community bank may transact one or only a few balance sheet hedges over many years.

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How To Community Bank Community FDIC 195

PYMNTS

JANUARY 9, 2018

Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index. Here, again, lies another opportunity for community banks to fill the void. We urge you to make such legislation a priority.”.

Community Bank 131

Community Bank Community Fintech Lending 131

ABA Community Banking

SEPTEMBER 8, 2021

Banks of all sizes are hearing from many customers that they want exposure to the fast-growing but volatile cryptocurrency market. Vast Bank recently became the first nationally chartered, FDIC-insured bank to offer crypto banking.

Community Bank 64

Community Bank Community Retail FDIC 64

PYMNTS

APRIL 2, 2019

MOXY bank , preparing to be one of the first new community banks to launch in the U.S. in decades, has announced that it is working with technology solutions company NYMBUS to integrate its core digital banking and payment services.

Community Bank 117

Community Bank Community FDIC Washington 117

Abrigo

MARCH 9, 2015

The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. percent of community banks were unprofitable during the quarter. However, across all banks, fourth quarter net income fell by 7.9 percent to $36.9 percent from 2013.

Community Bank 150

Community Bank Community FDIC Industry 150

Abrigo

MARCH 9, 2015

The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. percent of community banks were unprofitable during the quarter. However, across all banks, fourth quarter net income fell by 7.9 percent to $36.9 percent from 2013.

Community Bank 150

Community Bank Community FDIC Industry 150

ABA Community Banking

APRIL 4, 2024

The FDIC has released an updated financial inclusion strategic plan that calls on the agency to take steps to encourage bank lending, investments and services that support healthy communities, including in low- and moderate-income neighborhoods and other underserved communities, FDIC Chairman Martin Gruenberg said.

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FDIC Community Lending Community Bank 40

CFPB Monitor

JULY 15, 2020

When the OCC issued its final Community Reinvestment Act (“CRA”) rule on May 20, 2020, the agency acted alone without waiting to achieve consensus with the FDIC, the agency with which the OCC had jointly issued its proposed rule. As to the Federal Reserve Board (“FRB”), it had already bowed out of the CRA reform effort in 2019.

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FDIC Community Bank Community Regulation 78

CFPB Monitor

OCTOBER 9, 2018

The FDIC has issued a request for information that seeks comment on how the FDIC can make its communications with insured depository institutions (IDIs) “more effective, streamlined, and clear.” The RFI contains specific questions on which the FDIC seeks input that address three topics: efficiency, ease of access, and content.

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FDIC Community Bank Policies Community 74

ABA Community Banking

OCTOBER 9, 2019

The FDIC this week announced the appointment of four new members to its Advisory Committee on Community Banking. The post FDIC Names New Advisory Committee Members appeared first on ABA Banking Journal.

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FDIC Community Bank Community 64

Abrigo

SEPTEMBER 22, 2015

By eliminating or revising some of the items that banks must include in their call reports the FFIEC hopes to streamline the reporting and decrease the amount of time spent on them. The article allowed banking executives to weigh in on the subject. Sound is a $500 million institution.

Community Bank 150

Community Bank Community FDIC Survey 150