First Mid-Illinois to boost fee income with SCB Bancorp acquisition
Nearly a third of the company's revenue will come from noninterest income after it buys SCB, which owns a large insurance and farmland management business. ... Read full article
Nearly a third of the company's revenue will come from noninterest income after it buys SCB, which owns a large insurance and farmland management business. ... Read full article
On Mar. 31, 2018. Dollars in thousands. ... Read full article
Eric Itambo will become chief banking officer of CoBank, where he will oversee all lending operations. ... Read full article
An SBA watchdog's investigation into chicken farms may ensnare other small businesses. ... Read full article
China’s threat to impose hefty tariffs on dozens of U.S. imports could weaken demand for soybeans, pork and other agricultural products. Here's what that could mean for farmers, ranchers and the banks that lend to them. ... Read full article
The company has agreed to acquire Bank of Rio Vista to expand its operations in central California. ... Read full article
On Dec. 31, 2017. Dollars in thousands. ... Read full article
The SBA may back off of poultry loans after its inspector general determined that farmers are often controlled by big corporations. That could cause headaches for lenders with a focus on that business. ... Read full article
Turmoil at the Export-Import Bank, a possible trade war with China and a potential retreat from the North American Free Trade Agreement all add up to high anxiety for bankers in the business of financing U.S. exports. ... Read full article
On Sep. 30, 2017. Dollars in thousands. ... Read full article
Farmer Mac has terminated President and CEO Timothy Buzby for violating company policies not related to its financial and business performance. ... Read full article
With baby boomers moving into retirement and many young folks eschewing careers in banking, the industry could soon be facing a talent shortage. Are more banking degree programs the answer? ... Read full article
Trust income, bank card fees and deposit service fees led to double-digit earnings growth at Commerce Bancshares. ... Read full article
Mexico's decision to reduce imports of soybean meal, corn and chicken has put more pressure on certain farmers, while creating another situation for lenders to monitor. ... Read full article
On March 31, 2017. Dollars in thousands ... Read full article
The Trump administration's proposed budget would cut discretionary funding for the Department of Agriculture, which could affect a key agency lending program. Bankers are urging legislators to maintain, or even increase, funding. ... Read full article
On Dec. 31, 2016. Dollars in thousands. ... Read full article