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Communitybanks are expanding their loan portfolios to include more small business loans, according to the most recent CommunityBank Performance report by the FDIC. Loans across categories increased, with commercial and industrial loans growing at the fastest rate, roughly 5.3 percent over the 3rd quarter of 2013.
McWilliams stated that the FDIC’s top priorities included: (1) reducing regulatory burden on communitybanks; (2) increasing the speed with which the FDIC reviews charter and deposit insurance applications; and (3) assisting banks to introduce new financial products that serve underserved communities.
The FDIC proposed changes to its guidelines for real estate lending policies in order to align standards with the communitybank leverage ratio, which does not require electing institutions to calculate tier 2 capital or total capital.
Steve Domine, President of Minnesota CommunityBanking and Senior Vice President of Lending at Stearns Bank, explained during a recent Independent Community Bankers of America (ICBA) webinar that his bank sought both inside and outside counsel to understand the SBA rulings.
Many banks have done the math to determine how much staff they would need to hire, train and manage in order to sell loans that are fully compliant with state and federal regulations and agency and investor guidelines. Banks that choose to do so, however, face another challenge. Outsourcing loan QC is not for everybody.
These services are provided through a variety of delivery systems including automated teller machines, private banking, telephone banking and Internet banking. We believe we can effectively compete as a communitybank in our market area and the niche markets we serve. We focus our marketing efforts in three areas.
Bank equity is the primary buffer against loan losses. In the post, Mr. Johnson states "The problem is that some communitybanks do not have big enough loss-absorbing buffers — the role that bank equity plays." The context was bank failure risk is mitigated by FDIC insurance. Certainly equity plays the role.
and New York Community Bancorp called off their planned merger. Both institutions were over the CRE concentration guidelines, so putting them together would exasperate this risk, so the regulatory thinking must have been. We perform this service for dozens of communitybanks. Last December, Astoria Financial Corp.
Supporters point out the Proposed Rule would result in strong and consistent supervision of bank-fintech partnerships across the country, ensuring fairness and compliance with applicable laws, and note the Proposed Rule would keep the costs of credit down and encourage innovation.
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