South State Correspondent

APRIL 30, 2024

We witness over and over how some banks get themselves in deeper trouble booking derivatives on their books that are bets on market interest rate movements. A hedge should have a neutral outcome regardless of how the market moves (within defined bands).

Community Bank 195

Community Bank FDIC Community National 195

South State Correspondent

APRIL 30, 2024

We witness over and over how some banks get themselves in deeper trouble booking derivatives on their books that are bets on market interest rate movements. A hedge should have a neutral outcome regardless of how the market moves (within defined bands).

Community Bank 195

Community Bank FDIC Community National 195

Abrigo

OCTOBER 28, 2022

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. You might also like this video, "A look at credit risk in a rising-rate environment." CRE loan accommodations.

Management 195

Management Risk Management Policies Lending 195

Abrigo

DECEMBER 22, 2023

Takeaway 3 Updates on interest rate forecasting and best practices for managing CRE risk were among the most-read blogs. Abrigo's most popular risk management blogs over the last 12 months cover topics that continue to catch the attention of professionals and regulators. Which credit areas need routine "maintenance"?

Risk Management 221

Risk Management Regulation Management Lending 221

Abrigo

JUNE 11, 2021

Measuring Interest Rate Risk Can Vary by Institution Interest rate risk measurement plays a key role in ensuring an institution's safety and soundness. Would you like other articles on asset/liability management in your inbox? FDIC) noted in its 2021 Risk Review.

How To 195

How To Risk Management Analysis Kansas City 195

Abrigo

JUNE 28, 2024

Navigating interest rate management in today's environment As regulators focus on interest rate risk management, read about what financial institutions can do to be ready for a rate drop. You might also like this on-demand webinar, "Navigating uncertain times: Strategies for effective risk management and compliance."

Community Bank 195

Community Bank Strategy Community Management 195

Abrigo

JANUARY 29, 2020

Key Takeaways The FDIC issued an advisory to FIs encouraging safe and sound lending practices in today's ag lending environment. FDIC) issued an advisory to financial institutions encouraging exceptionally safe and sound lending practices in agricultural lending. On January 28, the Federal Deposit Insurance Corp.

Lending 195

Lending How To FDIC Survey 195

CFPB Monitor

AUGUST 23, 2022

On August 19, 2022, the FDIC issued cease and desist letters to five crypto companies, alleging they made false and misleading statements about FDIC deposit insurance and demanding immediate corrective action. According to the FDIC’s press release , “[b]ased upon evidence collected., Part 328, Subpart B.

FDIC 78

FDIC social media cryptocurrency US 78

South State Correspondent

MAY 7, 2024

With the assistance of the FDIC, Fulton Financial acquired certain assets, debt and deposits of Republic Bank. However, that faster growth was not unusual and reflects the bank’s higher growth markets. The bank’s failure is largely the result of a lapse in prudent management of interest rate and duration risks.

Risk Management 195

Risk Management Security Management Groups 195

Abrigo

FEBRUARY 12, 2020

Real Estate Market Outlook. MBA Vice President for CRE Research Jamie Woodwell said in a news release that low interest rates gave CRE markets a boost last year. “In With global bond yields expected to remain extremely low and equity markets likely weaker and more volatile, the stable, solid returns of U.S.

Lending 195

Lending Trends FDIC Survey 195

South State Correspondent

AUGUST 21, 2022

We compared and contrasted the two strategies and sized the market for community banks. Second, community banks should use FDIC-insured institutions as hedge providers, and the hedges must be structured as qualified financial contracts (QFC). We also shared a table that summarized the two strategies.

How To 195

How To Community Bank Community FDIC 195

Abrigo

NOVEMBER 11, 2019

Bankers since the financial crisis have become accustomed to seeing language like the following: “The FDIC is re-emphasizing the importance of prudent interest rate risk oversight and risk management processes to ensure FDIC-supervised institutions are prepared for a period of rising interest rates.” Learn More.

Management 150

Management FDIC Community Risk Management 150

South State Correspondent

DECEMBER 17, 2024

In recent years, the community banks market share has been diminishing markedly as bank consolidation has occurred. FDIC-reporting institutions to include banks and savings institutions. The share of the loan market held by community banks has declined more rapidly (proportionately) than the number of charters.

Community Bank 195

Community Bank Community Capital Tools 195

Abrigo

AUGUST 9, 2017

Two ways in which stress testing results can be used to an institution's advantage is to avert risk and improve the risk rating process. Appraised values for properties are then adjusted by the amount of average decline in the market. In addition to preventative benefits, stress testing may provide advantages in recovery.

Columbus 150

Columbus Ohio Strategy FDIC 150

Abrigo

MARCH 17, 2022

Takeaway 2 The severely adverse scenario from regulators presents a very severe global recession combined with severe stress in the CRE market and the corporate debt market. Prudent stress testing as a risk management tool helps the enterprise see where the potential pitfalls are in their plans.

Capital 195

Capital Regulation Risk Management Community 195

South State Correspondent

MARCH 15, 2023

While we wrote about the root cause of the failure of Silicon Valley Bank (SVB) HERE , the lessons of the current banking crisis go beyond interest rate risk management. While interest rate risk caused the most significant impact on value, several other factors contributed to the terminality of each bank that was closed.

social media 195

social media FDIC Branding Management 195

Abrigo

NOVEMBER 29, 2021

Noninterest income associated with the housing markets such as securitization, trading, and real estate slowed significantly during the financial crisis and beyond. Noninterest income drove 20% of community banks' net operating revenue in 2019, down from 22% in 2012, according to a recent FDIC study. Portfolio Risk & CECL.

Community Bank 195

Community Bank Community FDIC Trends 195

Abrigo

AUGUST 8, 2021

It’s also critical for reinforcing that management and the board of directors are able to receive accurate and timely updates about the health and performance of the financial institution’s portfolio. Lending & Credit Risk. Credit Risk Management. Credit Risk Regulation. Lending & Credit Risk.

System 195

System Lending Policies Regulation 195

Abrigo

JULY 20, 2021

B y marketing that your financial institution offers SBA loan origination, you provide additional products that expand opportunities to businesses. During Abrigo’s recent ThinkBIG Conference, credit underwriting and loan portfolio risk management trainer and consultant Michael Wear , CRC , of 39 Acres Corp.

Lending 195

Lending FDIC Capital Risk Management 195

Abrigo

JULY 20, 2021

B y marketing that your financial institution offers SBA loans, you provide additional products that expand opportunities to businesses. During Abrigo’s recent ThinkBIG Conference, credit underwriting and loan portfolio risk management trainer and consultant Michael Wear , CRC , of 39 Acres Corp.

Lending 195

Lending FDIC Capital Risk Management 195

South State Correspondent

JANUARY 10, 2024

Community banks’ use of swaps (banks’ primary tool to hedge interest rate risk on loans) has increased substantially over the last ten years. The market expects the current inverted yield curve to remain through much of 2024 (based on long-term interest rates and the expected rate cuts in 2024). Only 304 banks (or 6.7%

Community Bank 195

Community Bank Community National Regional 195

Abrigo

DECEMBER 19, 2019

Looking to mergers and acquisitions, institutions can expand into new areas of business or geographic markets. In 2008, there were 7,061 FDIC-insured commercial banks in the U.S. Lending & Credit Risk. Portfolio Risk & CECL. Cyber Complications for Vendor Risk Management. Learn More. Asset/Liability.

Lending 195

Lending Fraud Community FDIC 195

Abrigo

SEPTEMBER 5, 2023

As the FDIC said recently: Exceptions to policy should be few in number and properly justified, approved, and tracked. Abrigo’s credit risk software automates loan administration processes like managing ticklers and tracking loan document and credit exceptions. Get details in "A guide to implementing credit policy."

Policies 195

Policies Lending Risk Management Examples 195

PYMNTS

JULY 14, 2020

That alternative method of paying for purchases “on credit” got a boost with news this week that Visa Installments , a new point-of-sale (POS) credit solution, is being rolled out in pilot markets across the U.S. This follows a pilot rollout in Russia last month. The account comes with 1.30

Lending 130

Lending FDIC Minneapolis Utah 130

Abrigo

AUGUST 6, 2021

according to FFIEC and FDIC data. Acquisitions allow organizations to spread costs across a larger asset base, recognize synergies within business lines, reduce staff, and consolidate branches in overlapping markets. Even though community banks make up a small share of total assets and deposits, 13.5% Background on Community Banking.

Community Bank 195

Community Bank Community Kansas City Lending 195

Abrigo

MAY 5, 2022

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. or largely focused on the domestic banking market. We have webinars , whitepapers , and other resources to make your job easier.

Community 195

Community Lending Maine Resources 195

CFPB Monitor

AUGUST 31, 2021

The OCC, FDIC, and Federal Reserve Board have issued a guide that is intended to assist community banks in conducting due diligence when considering relationships with financial technology (fintech) companies (Guide). Financial condition and competitive market environment and client base. Legal and regulatory compliance.

Community Bank 78

Community Bank Community Fintech Company 78

CFPB Monitor

NOVEMBER 10, 2020

The Fed, FDIC, and OCC have issued a “ Statement on Reference Rates for Loans ” that addresses replacement rates for the London Inter-Bank Offered Rate (LIBOR). The Committee is a group of private-market participants convened to ensure a successful transition from LIBOR.).

Regulation 78

Regulation FDIC New York Lending 78

Abrigo

MARCH 2, 2023

Experts have highlighted numerous lessons from Southwest’s experience, many of which can benefit bank and credit union executives, regardless of their institution size, as they manage competing priorities for spending and growth initiatives on banking solutions.

Technology 195

Technology Lending Community Software 195

Independent Banker

SEPTEMBER 25, 2014

As David Barr, spokesperson for the FDIC, points out, “a vast majority of community banks remain well-rated and exhibit satisfactory corporate governance programs and compliance management systems.”. Be aware of existing or emerging risk concerns. Toney Bland, Office of the Comptroller of the Currency. in Kent, Ohio.

Compliance 101

Compliance Regulation Community Bank Community 101

Jack Henry

JULY 2, 2014

Today, a proper IT risk management infrastructure has a direct impact on the character and value of a financial institution which places an unprecedented value on key IT employees. I would be remiss to discuss outsourcing today without mentioning vendor management.

Cyber Security 102

Cyber Security Compliance Security FDIC 102

CFPB Monitor

OCTOBER 21, 2021

The CFPB, Federal Reserve Board, FDIC NCUA, OCC, in conjunction with the state bank and state credit union regulators, jointly issued a statement on managing the transition away from LIBOR (Joint Statement). Fallback language.

Regulation 78

Regulation Management FDIC Risk Management 78

Cisco

JULY 12, 2022

a few agencies include the Federal Reserve (FRB), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Office of the Comptroller (OCC), and the Consumer Financial Protection Bureau (CFPB). Common Risk Management Topics: Architecture, Data, IT. Infrastructure Management.

Regulation 71

Regulation FDIC System Software 71

CFPB Monitor

NOVEMBER 24, 2020

A bank with $100 million or more in total assets would be presumed to hold such a market position but could attempt to rebut the presumption by submitting written materials to the OCC demonstrating it does not hold either market position. Comments on the proposal are due by January 4, 2021.

Operations 78

Operations Industry Analysis Policies 78

Gonzobanker

MARCH 22, 2023

Irvine Sprague, Former FDIC Director So Gonzo Bankers … how many of us have been hesitant lately to check our iPhone each morning to see what trouble may have hit the fan in the financial world during a few restless hours of slumber? It’s a good time to surround the executive team with a diversity of smart advisors and capital market players.

social media 78

social media Capital Risk Management Strategy 78

CFPB Monitor

NOVEMBER 29, 2021

President’s Working Group on Financial Markets, which delineated perceived risks associated with the increased use of stablecoins and highlighted three concerns: risks to rules governing anti-money laundering (“AML”) compliance, risks to market integrity, and general prudential risks.

Compliance 78

Compliance cryptocurrency Regulation FDIC 78

Independent Banker

FEBRUARY 24, 2016

Obviously these local lenders took notice when the Federal Reserve, the FDIC and the Office of the Comptroller of the Currency recently issued a joint statement pointing out increased risks in CRE lending. The warning in December cited both growing concentrations of CRE loans and “an easing of CRE underwriting standards.”.

Community Bank 70

Community Bank Lending Community Regulation 70