Credit quality

Credit outlook brightens, but recovery hinges on vaccinations: ABA

03/19/21

Bank economists predict further improvement in the quality and availability of consumer and business credit now that a third stimulus package has been approved. Still, COVID-19 vaccine distribution will determine how quickly the U.S. economy rebounds.

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Regional banks wonder: When’s the right time to release loss reserves?

03/10/21

M&T Bank, Citizens Financial and Huntington Bancshares are playing it safe even as some of their counterparts have started to trim allowances in response to government stimulus efforts and rapid progress in the rollout of the coronavirus vaccine.

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How the pandemic has changed small banks' views of CRE

02/28/21

Community banks, which for years have relied heavily on commercial real estate lending, have been tightening underwriting standards, conducting more-frequent loan reviews and stepping back from certain subsectors to minimize their credit exposure.

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SVB discloses potential fraud tied to $70M loan

02/26/21

The California company said the issue involves a line of credit it funded earlier this year and that it is working with law enforcement authorities on the matter.

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Stimulus, excess savings temper demand for personal loans

02/18/21

Unsecured personal lending has fallen as many consumers have stashed away cash and paid down credit card balances during the pandemic. The trend probably won’t reverse course anytime soon.

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Malvern Bancorp to record bigger provision for troubled New York loan

02/17/21

The move will force the Pennsylvania company to report a bigger loss for its fiscal fourth quarter and restate its annual report with the Securities and Exchange Commission.

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Why so few banks are unloading problem loans

02/03/21

The paucity of distressed-loan sales indicates that most bankers are confident about the underlying health of their portfolios even as the pandemic lingers and loss reserves remain elevated.

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