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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State Bank popped up on the Houston company’s radar eight years ago, but management waited until now to strike.
By John ReostiMay 14 -
After a long battle with the Justice Department over redlining charges, KleinBank caved as legal costs soared.
By John ReostiMay 9 -
The legislation, which still needs Senate approval, would let the head of the Small Business Administration raise the program's cap in periods of heavy demand.
By John ReostiMay 8 -
The Pittsburgh bank opted to give more than half of its employees $2,000 pay hikes instead of the bonuses handed out by many rivals.
By John ReostiMay 7 -
Preferred Bank's experience with an apartment developer is a reminder of how important strict underwriting terms will be as loan demand increases, rates rise and lenders try to outdo each other.
By John ReostiMay 4 -
Dollar Bank has applied to form a mutual holding company as it nears a key regulatory threshold.
By John ReostiMay 2 -
For one California bank, the biggest challenge was finding equity investors to participate in deals.
By John ReostiApril 30 -
Banks and credit unions have been fighting each other so long that many have forgotten how the feud started and why it may matter to the future of both industries.
By John ReostiApril 24 -
The Ohio bank's total deposits grew, unlike at some other regionals, and CEO Stephen Steinour said its 28-basis-point increase in overall funding costs will pay off.
By John ReostiApril 24 -
A bombshell letter from a prominent senator and a court ruling criticizing credit unions’ interpretation of “field of membership” have bankers hopeful that Congress may finally be willing to examine the public-policy purpose of the Depression-era tax break.
By John ReostiApril 23 -
As NCUA amended at 2014 regulation on capital planning and stress testing, the two-person committee also marked 24 months of operating with a vacant seat on the board, commending one another for a productive working relationship.
By John ReostiApril 19 -
Spread income offset higher expenses during the first quarter at the Maryland bank.
By John ReostiApril 19 -
An SBA watchdog's investigation into chicken farms may ensnare other small businesses.
By John ReostiApril 18 -
The company benefited from increases in residential and construction lending.
By John ReostiApril 17 -
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



















