BankThink

Credit Unions with the Most Assets

01/18/17

On Sept. 30, 2016. Dollars in thousands.

[more]

A wish list for Trump's SBA

01/18/17

President Trump has nominated Linda McMahon, a co-founder of the World Wrestling Federation, to run the Small Business Administration for the next four years. If confirmed, McMahon, a Republican, will inherit an agency that has supported record loan volume lately, but that many bankers still view as too bureaucratic and inefficient. We asked bankers and small-business advocates what is working well at the SBA, what they would like to see improved, and what else the Trump administration could do to stimulate small-business growth. Here's what they had to say.

[more]

Energy’s rebound bolsters Hancock’s 4Q profit

01/18/17

An improving picture in the energy sector helped Hancock Holding in Gulfport, Miss., report a huge jump in fourth-quarter profit.

[more]

Evans in N.Y. looks to raise $14M in public offering

01/18/17

The company has been producing solid loan growth in recent quarters.�@9@e

[more]

JPMorgan says it has settled U.S. bias suit over mortgages

01/18/17

JPMorgan Chase & Co. agreed to pay $55 million to settle U.S. allegations of racial discrimination in home loans through mortgage brokers, leading black and Hispanic borrowers to pay higher interest rates and fees from 2006 to 2009, a person familiar with the matter said.

[more]

Northern Trust sees 4Q profit boost from higher rates

01/18/17

Northern Trust’s fourth-quarter profit surged due to higher trust fees, improved credit quality and the benefit accrued to its profit margin from an increase in short-term interest rates.

[more]

How OCC’s fintech plan can make CRA relevant again

01/18/17

The Office of the Comptroller of the Currency could make the Community Reinvestment Act’s spirit relevant in a digital age so long as it builds the right framework for chartered fintech companies.

[more]

Strong credit quality supports profit at Commerce in Kansas City

01/18/17

Commerce Bancshares in Kansas City, Mo., reported higher quarterly results that reflected great credit quality.

[more]

U.S. Bancorp profits flat as expenses climb 7%

01/18/17

The Minneapolis company reported gains in lending and fee income, but merit-pay increases and compliance-related spending contributed to higher noninterest expenses.

[more]

SmartFinancial in Tenn. to conduct an IPO

01/18/17

About $12 million of the proceeds will go toward exiting the Small Business Lending Fund.

[more]