Community banking

Industry group urges delay in new accounting standard for loan losses

10/18/18

The Bank Policy Institute said the Current Expected Credit Loss model is a “sea change” from how banks have traditionally set aside reserves.

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Balance sheet growth boosts East West's quarterly profit

10/18/18

The California company reported increases in loans and deposits, along with a wider net interest margin.

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Boston Private to cut costs, sell advisory business

10/18/18

The company said it is trying to improve shareholder returns as rising rates cut into its net interest margin.

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Fee income provides lift to Webster’s quarterly profit

10/18/18

The Connecticut company also reported modest loan growth and a greatly improved net interest margin.

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Byline to enter new Chicago markets with Oak Park acquisition

10/18/18

The company will pay $42 million for Oak Park River Forest Bancshares.

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First Commonwealth in Pa. hires state politician to become regional president

10/17/18

David Reed, a Republican, is stepping down as a state legislator after redistricting cost him a shot at a congressional seat.

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Small banks are grabbing more of the C&I market. Wise move?

10/17/18

Bigger banks appear to be losing C&I share to small and midsize lenders. That's raising questions about whether community banks — known more for commercial real estate lending — have enough expertise to underwrite deals that larger banks avoid.

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FDIC poised to revamp deposit rules. Banks say it's about time

10/17/18

Many bankers say the agency needs to rethink its definition of brokered deposits and how it sets interest rate caps.

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2 years of searching, 42 potential suitors, $35M payoff

10/16/18

Many community banks face the same challenges that drove AJS Bancorp to become a seller, but few if any would go to the lengths that it did to seek a buyer.

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Customers Bancorp suspends planned spinoff of digital bank

10/16/18

BankMobile will remain part of Customers for at least two years after regulatory snags derailed a plan to transfer the unit to a Florida bank.

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