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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Small-business lenders are scrambling for financing to accommodate a possible real-estate-related borrowing surge once a key federal rule change takes effect next week.
By John ReostiJune 13 -
Community banks are jumping at the chance to invest in local bond issues, realizing that such participation allows them to show their dedication to hometown causes.
By John ReostiJune 6 -
At least three community banks have hired lenders who once worked at banks bought by BB&T. The question is whether those lenders can coax their clients to also make a switch.
By John ReostiMay 31 -
CenterState in Florida and Union Savings in Connecticut are adding specialists to their retail locations at a time when many other banks are cutting back or have been relying heavily on universal bankers.
By John ReostiMay 24 -
Huntington Bancshares in Columbus, Ohio, is significantly raising the ante in philanthropic and community development investments connected to its planned acquisition of FirstMerit.
By John ReostiMay 20 -
New Chairman Rick Metsger said the regulator will likely extend due date for second quarter call reports because of July 4th holiday and expects to establish end-of-month deadline by the end of the year.
By John ReostiMay 19 -
A study commissioned by the Massachusetts Bankers Association found a correlation between a spike in credit unions with low-income designations and an increase member business lending in the state.
By John ReostiMay 18 -
A study commissioned by the Massachusetts Bankers Association found a correlation between a spike in credit unions with low-income designations and an increase in member business lending in the state.
By John ReostiMay 18 -
Huntington Bancshares is the latest institution to add a cybersecurity expert to its board, highlighting the growing importance of guarding against hackers and other online dangers.
By John ReostiMay 16 -
State Bank Financial in Atlanta just hired a lending team that will take its SBA lending operation to the next level. The moves comes as the SBA reports a record number of 7(a) loans.
By John ReostiMay 9 -
New rules have made it more challenging to originate mortgages without drawing attention from regulators. Mercantile Bank in Michigan, however, believes that positive trends in its biggest markets are incentive enough to hire lenders and improve its systems.
By John ReostiMay 4 -
At least one banker has gone public with expectations that the OCC will force his institution to hold more capital. More could soon follow.
By John ReostiMay 3 -
No one at Old Fort Banking could afford to buy the large stake being sold by the Ohio bank's majority shareholder. So the employee stock ownership plan stepped in, and now it plans to take full control of Old Fort's holding company.
By John ReostiApril 28 -
The Financial Accounting Standards Board gave final approval Wednesday to its controversial Current Expected Credit Loss standard, but agreed to delay its implementation deadlines by a year in response to protests from banks and credit unions.
By John ReostiApril 27 -
The Financial Accounting Standards Board gave final approval Wednesday to its controversial Current Expected Credit Loss standard, but agreed to delay its implementation deadlines by a year in response to protests from banks and credit unions.
By John ReostiApril 27 -
BOK Financial continued to diversify its lending, booking strong increases in health care, manufacturing and commercial real estate credits. Progress on that front, however, was overshadowed by ongoing deterioration in its energy portfolio.
By John ReostiApril 27 -
Lance Osborne is vying for two board seats at First Niles Financial in Ohio, but he isnt pushing the thrift to sell itself. Rather, he wants management to pull money out of securities to make more loans.
By John ReostiApril 25 -
Associated Banc-Corp in Green Bay, Wis., reported first-quarter net income of $40 million Thursday, an 11% drop from the same period in 2015. In doing so the $28 billion-asset company joined the lengthening list of banks whose bottom lines fell victim to ongoing tumult in the energy market.
By John ReostiApril 21 -
For years, banks in the Midwest looked beyond the region to increase revenue and profit. Today, the area is starting to bounce back, allowing many of those banks to thrive by focusing on their core markets.
By John ReostiApril 20 -
Huntington Bancshares in Columbus, Ohio, withstood issues in its energy portfolio to report higher quarterly profit.
By John ReostiApril 20










