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.
-
The Buffalo, N.Y., company is filling gaps created when Mark Czarnecki, its former president, died in February after a battle with pancreatic cancer.
April 3 -
Without congressional help, the 7(a) program could be forced to shut down for the second time in three years.
March 30 -
The Arkansas company has bought 12 banks in Florida since 2010, and its CEO said he had coveted Stonegate for years before agreeing to buy it this week. Yet there is nagging talk about a new bubble in the Sunshine State.
March 28 -
Northwest Bancorp in Spokane said it has agreed to acquire the $131.1 million-asset CenterPointe Community Bank in Hood River, Ore.
March 24 -
Ann Marie Mehlum, who has joined a lending platform called SmartBiz Loans after stints as a community banker and an SBA official, says the combination of fintech and old-fashioned banking could bring back small-business loans under $100,000.
March 24 -
Community bankers want a two-year span between exams for small banks in good standing. Regulators, however, are reluctant to revert to pre-crisis policies.
March 20 -
Attendees at this year's Independent Community Bankers of America convention are being urged to lobby hard to get regulatory relief moved closer to the top of Washington's to-do list.
March 17 -
Scott Heitkamp is encouraged by a more positive tone coming from President Trump. His goal in the next year is to make regulation easier for his fellow bankers.
March 15 -
SBA lending is on a tear. Gulf Coast Bank & Trust is the latest institution to dive into doing this activity nationwide after buying CapitalSpring.
March 13 -
The tiny Flagship Bank has made an unusual bet in agreeing to pay 20 times current capital to buy BankMobile, but the same Durbin amendment that prompted Customers Bancorp to sell the unit also made Flagship the ideal buyer.
March 8
