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Even as Cole Taylor adds experienced lenders outside of its markets, it continues to make credit decisions at its home office, Hoppe says.

Out-of-Market Lending Presents Opportunities, Poses Risks

by Kevin Wack
MAR 27, 2013 11:08am ET
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Banks are moving into new territories and new lines of business in their ongoing quest for new revenues. It can be a profitable strategy, but experts say they need to be cautious about loan pricing and concentration risk.

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