South State Correspondent

OCTOBER 4, 2023

In an article last week ( Here ), we discussed how the higher-for-longer interest rate environment will affect the community bank sector. We argued that community banks must learn to improve performance in a low-growth environment for the foreseeable future.

Community Bank 195

Community Bank Community Capital Comparison 195

South State Correspondent

APRIL 24, 2022

Banks have ceased using LIBOR to price assets and liabilities after 2021. However, some community banks are still deciding on the correct term lending index to adopt. Many banks are uncertain that they have chosen the best term index for their products and markets. Banks prefer an index that follows their cost of funding.

Lending 195

Lending Community Bank Community Marketing 195

South State Correspondent

OCTOBER 23, 2022

Speed and Magnitude of Past Rate Hikes in Comparison. Application to Community Banks. While we broke down the seven waves of impact that banks need to be concerned about across the enterprise ( HERE ), there are several immediate risks from inflation and persistently rising interest rates for community banks.

Community Bank 221

Community Bank Community Meeting Lending 221

South State Correspondent

MAY 23, 2022

Customers and competitors are challenging community banks to extend loan duration – borrowers are eager to lock fixed rates before they rise further, and many competitors are happy to oblige. But what are the optimal fixed terms for community banks given today’s interest rate, credit, and liquidity environment?

Lending 195

Lending Community Bank Community Capital 195

Jeff For Banks

DECEMBER 10, 2024

As a point of reference, the S&P US BMI Bank Total Return Index for the five years ended December 6, 2024 was 34.55%. Before we begin and for comparison purposes, here are last year's top five , as measured in December 2023: #1. Interesting there is no bank that I would deem a traditional community bank.

Las Vegas 70

Las Vegas Lending Community Bank North Carolina 70

South State Correspondent

FEBRUARY 12, 2023

The average community bank’s cost of funding is highly correlated to Fed Funds and SOFR (for the industry, the correlation has been 94% with a six-month lag over the last 20 years). The borrower chose the ten-year fixed-rate option, and the economic comparisons for the lender and borrower are outlined below.

Community Bank 195

Community Bank Community Case Study Strategy 195

Abrigo

OCTOBER 23, 2014

CEIS Review , a New York-based bank consulting firm, highlights the shift in a recent article. Community banks certainly want to remain conservative with risks and follow regulations. When these reports aren’t provided, the bank is at risk of suffering loan portfolio quality problems that aren’t easily remedied.

Risk Management 186

Risk Management Management Lending Resources 186

South State Correspondent

AUGUST 5, 2024

If your bank is interested in baking more profitable commercial relationships – those customers with multiple bank products, where the bank holds over 50% of bank wallet, provides long-term sticky banking services and recognizes over 20% return on equity (ROE) – then the case study described in this article will be of interest to you.

Case Study 195

Case Study Study Community Bank Management 195

South State Correspondent

NOVEMBER 7, 2023

One successful loan proposal tactic for community banks to improve their acceptance rate is to embrace the old marketing rule of the “power of three.” Positioning through comparison is a potent tool. We review hundreds of term sheets and proposals for commercial borrowers each month.

Community 195

Community Comparison Marketing Tools 195

BankInovation

MAY 12, 2023

based Customers Bank made the decision to augment its third-party risk processes with the assistance of a fintech, it joined nearly 100 other community banks to shop for one via vendor platform True Digital. When Washington, D.C.-based

Comparison 52

Comparison Fintech Washington Community Bank 52

Abrigo

AUGUST 11, 2016

Credit unions have taken note of this trend and responded, producing eight out of the top 10-rated banking apps, according to a ranking by MagnifyMoney , a financial-product comparison website. Bank acquisitions by credit unions did not exist until 2011, when St. out of 5 points, where 5 points is a perfect user rating.

Michigan 150

Michigan Milwaukee Indiana Wisconsin 150

PYMNTS

FEBRUARY 19, 2018

According to a report, the new group of banks to now support Apple Pay include American Eagle Financial Credit Union, Central Virginia Federal Credit Union and Community Bank & Trust of Florida, among others. percent — of payments executives are focused on price comparison tools.

Payments 144

Payments Apple Comparison Virginia 144

Independent Banker

APRIL 28, 2016

I also focus on budgets, loan and deposit growth, net interest margins, quarterly comparison reports, and the banker’s view of his or her local economy. Finally, I focus on economic news in our markets, which include five communities south of Houston. We are staffed by 100 employees, who are very involved in their communities.

Dallas 131

Dallas Texas Houston Community 131

Abrigo

MAY 20, 2015

An innovation like that can make the Apple Watch and Bitcoin seem archaic in comparison. Other tech updates in banking aim to make their customers’ experience more personal and convenient. For community banks and credit unions, this may be more of a challenge.

Apple 150

Apple Mobile Comparison Innovation 150

South State Correspondent

JANUARY 30, 2024

Regarding the treatment of bank IT expenses, 75% of the budget is structured as an expense and charged within a given year. In comparison, 25% is capitalized and depreciated over three, five, or ten years, depending on the nature of the expense. Below are some of our favorite questions to discuss to ensure bank alignment.

Capital 195

Capital Operations Customer Experience Comparison 195

PYMNTS

SEPTEMBER 18, 2017

The ABA also expressed concerns that, once data is collected and organized, manipulation in how that data is categorized and analyzed could lead to “contrive[d] assertions of discrimination in small business lending.”.

Data 101

Data Lending Comparison Community Bank 101

Gonzobanker

JANUARY 14, 2016

Hey, community bank and credit union marketers: Imagine that you’re sitting in your office, and your CEO comes in and says, “Got a minute? In many community-based FIs, however, Marketing isn’t good at doing that. 2) Commonwealth Bank. ” You’ve got a minute. What do you say? ”].

Community 60

Community Marketing Mobile Technology 60

South State Correspondent

JUNE 27, 2024

Because of the option to add or remove deposit balances over time, deposit management is one of the more complicated endeavors in banking. Lending, by comparison, is largely a one dimensional supply vs. demand problem. Bank of America is the same way. Building better deposit performance is more complicated.

How To 195

How To Metro Marketing America 195

Independent Banker

AUGUST 31, 2022

Community banks can get up to speed on current legislation and regulations to both protect their customers from unauthorized or false deposit account transactions and to prevent them from happening in the future. of Regulation E specifies the timing and steps banks must take to investigate and resolve EFT errors consumers allege.

Community Bank 91

Community Bank Regulation Community Training 91

Abrigo

JULY 28, 2021

Community financial institutions required to complete the current expected credit loss (CECL) standard implementation by 2023 are undoubtedly busy managing record-low net interest margins, pandemic-related uncertainties, and operational issues, as well as their own strategic initiatives. Start Now’. Benefits of earlier CECL implementation.

Resources 195

Resources San Antonio Data Regulation 195

Jeff For Banks

DECEMBER 22, 2013

For comparison purposes, here are last year''s top five , as measured during December, 2012: #1. Bank of the Ozarks, Inc. #3. Especially if I believe community banks must increasingly be known for some niche to differentiate. The bank achieved a year-to-date ROA of 1.24% and ROE of 14.16%. BofI Holdings, Inc. #2.

Community Bank 84

Community Bank Atlanta Community Strategy 84

South State Correspondent

SEPTEMBER 13, 2023

and $2.50, with most banks around $1.00 A comparison of incremental fees is below for comparison. Payment Innovation Will Drive Larger Value However, operating balances and transaction fees are the tip of the iceberg for banks. Outbound or send transactions are priced between $0.25 However, we are not the only choice.

Payments 221

Payments Fraud Data Taxes 221

Jeff For Banks

DECEMBER 13, 2018

As a point of reference, the SNL US Bank & Thrift index total five year return was 45%. Before we begin and for comparison purposes, here are last year's top five , as measured in December 2017: #1. Independent Bank Corporation (Nasdaq: IBCP) #3. The Bank operates five full service offices. Old Second Bancorp, Inc.

Oregon 101

Oregon Ohio California Community Bank 101

Independent Banker

JANUARY 26, 2016

As community banks attempt to grow funding for expanding their loan portfolios, most turn to a tried-and-true method: They promote a certificate of deposit “special.” that provides interest rate and product comparison information to financial institutions. Five ways to price and sell CD rates, without hurting profitability.

Omaha 70

Omaha Community Community Bank Massachusetts 70

Independent Banker

FEBRUARY 24, 2015

During my 20-plus years of dealing with community bankers, either as an investment strategist, sales rep or business-development manager, I have come to understand that certain buzz words fall on deaf ears. As a consequence, supply-siders, like your bank’s brokers, tend to avoid using them during a sales pitch. Total Return.

Management 70

Management Community Bank Community Comparison 70

Independent Banker

OCTOBER 1, 2021

For the purposes of the Q2 2021 UBPR, regulators placed a Texas-based community bank into a nationwide group of other banks with assets between $300 Million and $1 Billion (“PG5”). for the bank and an average value of 3.40 Example: Net Interest Margin (NIM). Looking at NIM, in Q2 2021, the UBPR indicated a value of 3.52

Analysis 91

Analysis Texas Groups Examples 91

Independent Banker

MARCH 15, 2015

Technology companies are releasing ever-more sophisticated and accessible biometric authentication systems for banks, from real-time voice recognition, to fingerprint and ear scans, to facial scans via selfies, to detecting an individual’s particular behavior patterns. Avivah Litan, a technology analyst at Gartner Inc. in Potomac, Md.,

San Francisco 70

San Francisco Community Bank System Technology 70

Independent Banker

FEBRUARY 24, 2015

Technology companies are releasing ever-more sophisticated and accessible biometric authentication systems for banks, from real-time voice recognition, to fingerprint and ear scans, to facial scans via selfies, to detecting an individual’s particular behavior patterns. Avivah Litan, a technology analyst at Gartner Inc. in Potomac, Md.,

San Francisco 70

San Francisco Community Bank System Technology 70

South State Correspondent

MAY 9, 2023

This is critical to understand, as many bankers turn to rate and/or tiering off rate before even considering if the bank has the right product and the right product attributes. A bank can modify its tiers all it wants, but that effort pales in comparison to making sure you are driving the right product mix or having competitive products.

Data 195

Data Training National System 195

Abrigo

JUNE 5, 2023

the Community Bank Leverage Ratio (CBLR) and the minimum Tier 1 leverage ratio). The capital ratios report helps ensure the institution maintains capital commensurate with the level and nature of risks to which it is exposed.

Report 195

Report Risk Management Capital Data 195

Jeff For Banks

DECEMBER 16, 2022

Before we begin and for comparison purposes, here are last year's top five , as measured in December 2021: #1. Each employee has an ownership stake in the bank through its Employee Stock Ownership Plan. Silvergate Capital Corporation (NYSE: SI) #2. MetroCity Bankshares, Inc. Nasdaq: MCBS) #3. Triumph Bancorp, Inc. Nasdaq: TBK) #4.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

Gonzobanker

MAY 8, 2015

As the sessions progressed a theme began to manifest that the traditional banking model has failed our customers and these digital lending platforms intend to reshape the industry, one process at a time. The lending attack on community banks and credit unions has been waged. THE PLAYERS.

Conference 60

Conference Lending Community Bank Community 60

CFPB Monitor

JANUARY 29, 2015

The ABA believes the tool should be removed and reconsidered based on its concerns which include the following: The calculator is not an adequate shopping comparison tool for consumers because the interest rate figure it provides excludes significant transactional costs and interest prepayments in the form of points.

Tools 60

Tools Comparison Community Bank Lending 60

Jeff For Banks

DECEMBER 29, 2020

As a point of reference, the S&P US BMI Bank Total Return Index for the five years ended December 23, 2020 was 46.3%. Before we begin and for comparison purposes, here are last year's top five , as measured in December 2019: #1. While the S&P US BMI Banks Index was down 16%, FDBC held serve. FS Bancorp, Inc.

North Carolina 113

North Carolina Capital Community Bank Wisconsin 113

PYMNTS

MARCH 18, 2019

Also keen on the Fed’s involvement were the community banks and credit unions that worry (as they should) about having TCH as the only operator of an RTP network in the U.S. TCH is the association of the 25 largest banks in the U.S., and one of two operators of the ACH network in the U.S., the other being the Fed.

Payments 201

Payments Cards Operations System 201

Jeff For Banks

DECEMBER 18, 2014

For comparison purposes, here are last year''s top five , as measured as of December, 2013: #1. Open Bank (OTCQB: OPBK) Open Bank commenced operations in 2005 as First Standard Bank in the Koreatown section of Los Angeles. They are built as a relationship bank serving the Korean community in LA and surrounding areas.

North Dakota 90

North Dakota Arizona Minnesota Los Angeles 90

Jeff For Banks

DECEMBER 7, 2019

As a point of reference, the SNL US Bank & Thrift index total five year return was 65%. Before we begin and for comparison purposes, here are last year's top five , as measured in December 2018: #1. It is the Mountlake Terrace, Washington holding company for 1st Security Bank, a $1.7 Carolina Financial Corp. They are a $6.2

Indiana 60

Indiana Oregon South Dakota Community Bank 60