Commercial real estate lending

CEO Tim Sloan said that the bank has "pulled back enough" on auto lending and is poised to grow the business again.

The credit union service organization now offers real estate services to a dozen CUs in Florida.

On Dec. 31, 2017. Dollars in thousands.

The removal of costly appraisal requirements on tens of thousands of smaller commercial properties could help community banks better compete for loans they say they have been losing to nonbank lenders.

Leader Bank says it can land property managers as commercial clients by helping them handle tenant deposits — and possibly create opportunities to boost CRE lending.

Green Apple Bank & Trust, which recently filed an application with regulators, plans to open in the western part of the state by the end of this year.

The group says Mulvaney, who also runs OMB, was not totally forthcoming with the Senate Budget Committee about the foreclosure of a property he owns in South Carolina.

Borrowers can get better rates elsewhere, so they're repaying ahead of schedule, leaving banks in the lurch. The steps lenders would have to take to keep the business could be prohibitively expensive.

The Silicon Valley-based institution is funding the housing, parking and mixed-use retail development in place of what used to be a raising-drying warehouse.

The Cincinnati bank reported strong profits, but its efforts to lower credit risk curbed lending as expenses rose in the first quarter.

The New York bank said it wrote down each taxi medallion loan to a value of $160,000. At their peak, New York City medallions were worth well over $1 million.

The Los Angeles bank also benefited from a reduced reliance on costlier certificates of deposit.

Bankers hoped the tax overhaul would stimulate a boom in business borrowing, but several said this week that hasn’t happened yet. PNC’s Bill Demchak warned that the tax cuts could be encouraging lenders to underprice loans.

Banks have been hanging on to problem loans for various reasons, but that could create headaches when credit inevitably worsens.

TriStar Bank in Tennessee says a shortage of appraisers is slowing down its commercial real estate lending and raising the cost of appraisals. The claim has outraged appraisers, who argue that the bank is simply trying to avoid paying their fees.

As part of a larger regulatory relief effort, regulators have raised the dollar-amount threshold for commercial real estate transactions that require a formal appraisal.

First the House and now the Senate have included provisions in their regulatory relief bills that bankers say would go a long way toward clearing up confusion over how to treat high-volatility commercial real estate loans.

To attract new customers, banks are getting rid of the paper-based payments process between builders and subcontractors.

The Silicon Valley-based CU is funding development of an apartment building.

It’s too soon to gauge the true impact of recent tax cuts on loan demand, but anecdotes from bankers suggest that, after months of stagnation, pipelines are filling up again.