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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Though total loans and deposits were down from the end of 2017, management expressed optimism that things will pick up over the rest of this year.
By John ReostiApril 17 -
Stilwell Group is trying to win a board seat at Wayne Savings Bancshares.
By John ReostiApril 12 -
Investors are growing worried about lackluster loan growth this year at community banks.
By John ReostiApril 12 -
A plan to bring in banks was created right after last summer’s hurricane devastation, but the magnitude of those storms, government dawdling on the issue and lenders’ reluctance to participate are key reasons zero loans have been made under the program.
By John ReostiApril 11 -
Struggling to find quality loans in the grueling Philadelphia market, Beneficial Bank is looking to accelerate growth by building a nationwide leasing firm from the ground up.
By John ReostiApril 6 -
National Credit Union Administration board member Rick Metsger says a federal judge overstepped the court's bounds when striking down portions of the agency's field-of-membership rule, but stopped short of saying the regulator planned to appeal the decision.
By John ReostiApril 5 -
If the National Credit Union Administration appeals a judge's decision against part of its rule, it could help the ABA potentially upend other provisions.
By John ReostiApril 2 -
A federal judge struck down two provisions of the National Credit Union Administration's embattled field of membership regulation as "manifestly contrary to statute," while upholding two others.
March 29 -
A federal judge has upheld two provisions from NCUA's revised field-of-membership rule but struck down two other measures related to population centers.
March 29 -
Live Oak Bancshares took two years developing a loan for cemetery operators, a group that faces challenges with financing for property improvements.
By John ReostiMarch 27 -
As tax reform spurs demand, a rising rate environment is making the short-term loans more appealing to banks.
By John ReostiMarch 22 -
The company will take a nearly $10 million hit after setting aside funds to cover a case of potential borrower fraud.
By John ReostiMarch 16 -
The National Credit Union Administration’s defense of changes to a field-of-membership rule was challenged by a federal judge on Wednesday, suggesting an American Bankers Association lawsuit against the revisions may be successful.
By John ReostiMarch 14 -
The SBA may back off of poultry loans after its inspector general determined that farmers are often controlled by big corporations. That could cause headaches for lenders with a focus on that business.
By John ReostiMarch 12 -
The move provides a strong hint of the long-term succession plan CEO Leon Holschbach is putting in place.
By John ReostiMarch 8 -
Howard Bancorp and Bryn Mawr Bank are trying different approaches to reach out to underserved markets they’ve entered via acquisitions. Creative in-house initiatives may take on added importance as regulators move to "dial back" Community Reinvestment Act rules.
By John ReostiMarch 7 -
The company received bad news about the commercial loan after it reported a narrow profit in mid-February.
By John ReostiMarch 6 -
Triumph Bancorp has developed technology to help freight brokers make faster payments to truckers, charging a fee for the service.
By John ReostiFebruary 16 -
NCUA unveiled its methodology for how it would return a $736 million equity distribution from the share insurance fund, but a small group of CUs won't share in the largesse, and some still think the payment isn't big enough.
By John ReostiFebruary 15 -
People's Bank of Commerce in southern Oregon decided it had to diversify to survive, so when a director heard a factoring firm he co-founded was up for sale, the bank seized the moment. Now it has other deals in mind.
By John ReostiFebruary 13
















