John Reosti

The accounting board delayed implementation for the majority of banks and credit unions until 2023.

Despite a strong economy, volume in the agency's flagship loan program has declined for two straight years. Here's why.

A strong economy, low-cost deposits and disruption from M&A are presenting opportunities.

The banking trade group is asking for an en banc rehearing of its field-of-membership challenge before all 17 judges of the D.C. Court of Appeals.

Sound Bank is now Dogwood State Bank after its sale to an investor group. The buyers also moved Dogwoods State's corporate offices from eastern North Carolina to the state's capital.

The agency’s Small Business Investment Company program is slumping, and Congress is pressuring its top executive, Joseph Shepard, to get it back on track or step aside.

Caught in the middle of a credit-subsidy debate, the program would have shut down on Tuesday without congressional action.

Their challenge is creating a viable, profitable product that doesn't get flagged for being predatory.

The Florida banks had spent years addressing credit quality and capital issues.

Karen Larrimer, who oversees retail banking for PNC Financial, is encouraging women who frequently get caught up in trying to do it all to think harder about prioritizing.

Di Gangi has already seen tremendous success in running small and medium business lending, but this year she stretched even further. Among other things, she spearheaded the launch of WE Source, an online tool that helps women entrepreneurs with insights into funding, networking, strategy and other business essentials.

When Sharon Miller was tapped to lead small business banking at Bank of America, she says it was her dream job. "In my three years in this role, I feel I've helped elevate our small business capabilities beyond what I envisioned," she said.

StreetShares, started as a peer-to-peer service for veterans, has added a platform intended to connect small financial institutions and underbanked companies.

Board Member Todd Harper was the lone dissenting vote on the rule, saying it was a "bridge too far." Lawmakers and consumer groups have also spoken out against it.

The popular program could go idle next month for the second time in less than a year if lawmakers are unable to approve a $99 million credit subsidy.

The association filed a comment letter urging FASB to delay CECL implementation for all banks, while asking a key accounting group to support its effort.

Hal Schroeder of FASB claims that investors have no confidence in the current loss standard. Several investors at a prominent accounting conference disagree.

Other banks have made splashy acquisitions there, but PSB Holdings is getting ready to open a branch after making inroads in the market for three years. Its next step could be M&A.

Prosecutors are investigating the involvement of Ashton Ryan and another executive in the New Orleans bank's 2017 collapse, a federal judge recently wrote in a decision on a related matter.

Joseph Campanelli, CEO of Needham Bank, wants to be ready to scoop up mutuals struggling with rising costs and yield curve challenges.