News Topic: Community banks

The agency released two new manual supplements and other materials to help nonbanks and its own staff better understand application procedures. ... Read full article

Sierra Bancorp in Porterville has formed dedicated lending teams in Sacramento and Greater Los Angeles in its bid to accelerate loan growth following a sluggish 2019. ... Read full article

The head of the small-bank trade group called for hearings to discuss tougher limits on credit union acquisitions of banks. ... Read full article

The Los Angeles company set aside more money to cover a problem loan after an updated appraisal of the credit's collateral. ... Read full article

For small regionals like Atlantic Union and F.N.B., the biggest opportunity to snag customers will come when the rebranding of BB&T and SunTrust branches begins next year. ... Read full article

Lenders grew more optimistic that Congress will undo or narrow the loan-loss accounting standard after members of a House subcommittee assailed Russell Golden for approving the rule without studying its impact on credit availability. ... Read full article

The Atlanta Fed offers ways rural institutions can keep and nurture talent while pooling resources with their peers to excel in a challenging environment. ... Read full article

On Sep. 30, 2019. Dollars in thousands. ... Read full article

On Sep. 30, 2019. Dollars in thousands. ... Read full article

Here's one way community banks are trying to win over commercial clients and wealthy households: by sharing internal research with them and positioning themselves as experts on everything from business sentiment to demographics. ... Read full article

Susan Riel succeeded Ronald Paul as CEO of the Maryland bank shortly before questions surfaced about credit quality and lending practices. ... Read full article

Year to date through Sep. 30, 2019. Dollars in thousands. ... Read full article

George Cook could have joined Somerset Trust, where his father is CEO. Instead, he founded Honeycomb Credit, a crowdfunding platform that competes with banks. ... Read full article

Stephen Calk, who faces a bribery charge in connection with loans his bank made to former Trump campaign chair Paul Manafort, is asking a judge to suppress evidence that prosecutors obtained from his mobile phone. ... Read full article

A recent bank failure and a new legislative effort are again drawing attention to the struggles of black-owned banks since the crisis — and the fact that only 21 are left. ... Read full article

Washington Trust warned that it could lose $3 million in annual revenue after two top advisers left to join a brokerage firm. Other banks are facing similar hits. ... Read full article

Malaga Financial has no intention of diversifying its portfolio despite heavier competition and potential funding challenges. ... Read full article

A strong economy, low-cost deposits and disruption from M&A are presenting opportunities. ... Read full article