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 California bank has hired an outside firm to review its loans and will de-emphasize health care lending.
January 30 -
Loans, deposits and revenue all rose solidly compared to a year earlier.
January 30 -
With loans of $100,000 or less, the typical bank breaks even or loses money. But one Florida community bank is betting faster turnaround times on small-business loans can help the bottom line.
January 29 -
Beyond reasserting Republican control over the agency for the first time since 2009, President Trump's appointment of Mark McWatters as acting NCUA chair is expected to have little immediate impact.
January 26 -
Huntington Bancshares says it is especially well positioned to benefit from a commercial lending boom that could accompany a revival of U.S. heavy industry, but other lenders also say they are upbeat.
January 25 -
Acquisition pushes quarterly revenues past $1 billion for first time ever.
January 25 -
The National Credit Union Administration and credit union trade groups cheered a judge's decision to dismiss a lawsuit against the agency's member business lending rule, but ICBA is still mulling the possibility of an appeal.
January 24 -
Mortgage lending was "challenging" in the fourth quarter, but the Troy, Mich., company showed strong growth in commercial loans
January 24 -
Cost control and improved credit were overshadowed by a big charge tied to a dispute with the FDIC.
January 24 -
The Oklahoma company did not disclose how many shares it could sell or how much it could raise.
January 24
