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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.
Community bankers, pack your bags for Washington, D.C. After a year of virtual visits, the ICBA Capital Summit —the most high-profile and powerful communitybank advocacy event of the year—is back in person May 1–4. We are taking appropriate safety measures and following all federal and local guidelines. Washington, D.C.,
Indirect auto lending has played a major role for Security Federal Savings Bank in Jasper, Ala. Half a dozen years ago, the communitybank held $13 million in auto loans. Currently the bank has a little less than $40 million in assets, according to President and CEO C. MainStreet Bank in Fairfax, Va.,
Indirect auto lending has played a major role for Security Federal Savings Bank in Jasper, Ala. Half a dozen years ago, the communitybank held $13 million in auto loans. Currently the bank has a little less than $40 million in assets, according to President and CEO C. MainStreet Bank in Fairfax, Va.,
Communitybanks, which will continue to face a growing number of senior customers with everyday cash needs and built-up home equity, should explore this niche lending opportunity, two community bankers providing these specialty loans suggest. New FHA guidelines. By Howard Schneider.
Sherrod Brown (D-Ohio), two lawmakers tapped to lead the Senate Banking Committee for their respective parties, are both independent-minded senators who hold positive views on several priority communitybanking issues. Richard Shelby (R-Ala.) So I would say he’s open to things we are concerned about.”.
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. How significant was CRE lending to the souring of bank loan portfolios?
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