Community banking
Community banking
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Attendees at this year's American Bankers Association conference are fixated on the election, fintech competition and banking's changing landscape. While optimistic, many are still wondering where their industry is headed.
October 18 -
Does scale matter to a community bank? What does the disappearance of black-owned banks mean to the communities they served? What impact has regulation had on banking? Those questions were among the many addressed by researchers at the recent community banking conference in St. Louis hosted by the Federal Reserve and Conference of State Bank Supervisors.
October 18 - Georgia
Ameris Bancorp in Moultrie, Ga., reported a double-digit increase in profits thanks to an acquisition, organic loan growth and other factors.
October 17 -
Wintrust Financial in Rosemont, Ill., rode strong gains in both interest and fee income to a record profit in the third quarter.
October 17 -
Oconee Financial in Watkinsville, Ga., has named a former Atlanta-area banker its new chief executive.
October 17 -
The California company will report a quarterly loss after credit issues surfaced in its technology lending division. Opus had expressed an interest earlier this year to expand the business after making a key hire.
October 17 -
The demographics of our country are changing. If businesses arent figuring out a way to change, too, they risk being left behind.
October 17 - California
Opus Bank in Irvine, Calif., said Monday that it expects to report a third-quarter loss of 5 cents a share, reflecting $38.8 million in chargeoffs tied to eight loans in its technology, commercial and specialty lending divisions.
October 17 -
Northwest Bancshares in Warren, Pa., has agreed to buy Winans Insurance & Employee Benefits in Warren.
October 17 -
WSFS Financial in Wilmington, Del., has bought the assets of West Capital Management in Philadelphia.
October 17 - Massachusetts
Dorothy Savarese, the head of Cape Cod Five Cents Savings Bank in Massachusetts, seeks a financial system where the rules encourage community banks and big banks to do the things that they are best at.
October 14 -
Profit at Farmers & Merchants Bank of Long Beach in California improved in the third quarter, due to loan growth and increased securities income.
October 14 -
BancorpSouth has extended the deadline to complete two acquisitions until the end of 2017 as it seeks to resolve a recent CRA downgrade.
October 14 -
First Bancshares in Hattiesburg, Miss., has agreed to buy two banks in Alabama and Florida and it announced plans for a capital-raise to fund the deals.
October 14 -
Community banks need profit and diversification opportunities, while marketplace lenders may find mergers to be the easiest route into the banking system.
October 14 -
Warren's voice is powerful in criticizing big banks, but she could play a more active role in providing relief to community banks to help boost job creation.
October 14 - California
California Bank of Commerce in Lafayette has hired a veteran credit administrator to help expand its small-business lending.
October 13 -
A nearly double-digit increase in net interest income helped third-quarter profit increase by 12.9% at VSB Bancorp in New York.
October 13 -
West Town Bancorp in Illinois has revved up its government-backed lending to small businesses, making it a good example of how community banks can outhustle big lenders in the quest for new sources of fee income.
October 13 -
As Fannie Mae and Freddie Mac continue to experiment with upfront risk-sharing deals, some small mortgage lenders fear they will be left out of the action.
October 13





