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Kansas City Fed names veteran banker and regulator as chief

American Banker

Schmid will assume Esther George's former role on August 21.

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This Is How Our Regulators Are Viewing Bank Risk, Capital And Org Structure

South State Correspondent

The Kansas City Fed released an interesting research paper titled The Effect of Risk and Organization Structures on Bank Capital Ratios. The research looks at how risk and a bank’s organizational structure impacts its capital levels. In times of stress, does a bank holding company (BHC) structure help protect a bank or hurt it? '

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Ten Questions for Kansas City Fed President Esther George

American Banker

Kansas City Federal Reserve Bank President Esther George is best known nationally as a critic of the Fed’s monetary policy, but in a wide-ranging interview she talks about Dodd-Frank, bank capitalization and the challenges facing community banking, in addition to interest rates.

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New CECL Excel SCALE Tool from Federal Reserve

Abrigo

The Scaled CECL Allowance for Losses Estimator (SCALE) tool was unveiled during an “Ask the Fed” webinar , where regulators described the Excel spreadsheet-based option using estimated loss rates from peers as a “ starting point ” in the calculation. Regulators said they have had discussions with the FDIC and the OCC.

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Kansas City Fed rejects Custodia's master account application

American Banker

(..)

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Kansas City Bank to Pay $2.8M in Redlining Case with HUD

American Banker

First Federal Bank of Kansas City has agreed to a $2.8 million settlement with the Department of Housing and Urban Development to resolve allegations of redlining in African-American neighborhoods.

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Small banks: Big challenges and big opportunities

Abrigo

According to the Federal Reserve Bank of Kansas City , community banks’ deposit market share dropped to 15% in 2022 from 22% in 2013. Balance runoff is picking up speed, according to financial consulting firm Curinos. For smaller banks, longer-term industry consolidation trends and competition are also eroding deposit market share.