John Reosti is a reporter covering community banks in particular and the financial services industry in general. He also focuses on the Small Business Administration, the National Credit Union Administration Board and issues connected to the CECL accounting standard.
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Entrepreneurship among veterans has been declining over the past 20 years, according to a report by the SBA and the New York Fed.
By John ReostiNovember 9 -
The Financial Accounting Standards Board is considering a plan to have banks break out charge-offs and recoveries on a year-by-year basis. Bankers fear new systems would be needed to comply.
By John ReostiNovember 9 -
By creating corporate governance courses for prospective board members and a multifaceted financial literacy program for high schoolers, Virginia National aims to deepen its bench for years to come.
By John ReostiNovember 1 -
The agency says lenders lacked the risk appetite, while bankers point to concerns over turnaround times and strict loan terms.
By John ReostiOctober 25 -
The Ohio company touted a strong pipeline for loans but warned that noninterest costs will likely rise in the fourth quarter when it records charges tied to branch closings.
By John ReostiOctober 23 -
The company is facing criticism after a big chargeoff on two properties, showing that investors have little patience when a risky business model shows signs of distress.
By John ReostiOctober 19 -
The Wisconsin company expects outstanding loans to decreased from current levels, particularly due to paydowns tied to commercial real estate loans.
By John ReostiOctober 18 -
Credit unions won't have to comply with the controversial rule until at least 2020, but a separate proposal on alternative capital could raise the ire of banking groups.
By John ReostiOctober 18 -
Credit unions won't have to comply with the controversial rule until at least 2020, but a forthcoming proposal on alternative capital could raise the ire of banking groups.
By John ReostiOctober 18 -
David Reed, a Republican, is stepping down as a state legislator after redistricting cost him a shot at a congressional seat.
By John ReostiOctober 17 -
The agency's 7(a) program had a small year-over-year decline, with bankers pointing to lender discipline and more borrowers qualifying for conventional loans.
By John ReostiOctober 9 -
In what would be its third acquisition in a year, the company formerly known as BofI Holding is buying a firm that clears trades for independent broker-dealers.
By John ReostiOctober 4 -
First Foundation sold loans to Freddie Mac to free up space for higher-yielding credits. It then bought the securities that were formed to replace other, lower-yielding assets through an often overlooked program.
By John ReostiOctober 1 -
Some lenders fear a moratorium on new participants, and other restraints, could be the beginning of the end for the agency's Community Advantage program.
By John ReostiSeptember 26 -
The Dallas company said a commercial client submitted falsified documents that inflated how much colloteral it had available.
By John ReostiSeptember 21 -
Following an increase in the CRE appraisal threshold for community bankers earlier this year, the National Credit Union Administration has proposed an even bigger shift for CUs.
By John ReostiSeptember 20 -
The company said the move should address investor concerns about potential margin compression, slower loan growth and an economic slowdown.
By John ReostiSeptember 20 -
Community bankers reject the conclusions of a Government Accountability Office report that say regulatory burdens only had a “modest effect” on the declining number of banks since 2010.
By John ReostiSeptember 19 -
Senior managers at selling banks often get big payouts and move on. But some decide (or are allowed) to stay and can make major contributions. Here are examples of execs who famously became difference makers after sticking around, or of keepers from recent deals who could have a big impact.
By John ReostiSeptember 18 -
Olson ran a bank founded by his father in his hometown of Fergus Falls, Minn., before a long career in Washington.
By John ReostiSeptember 14



















