Credit quality

High anxiety over narrowing margins

09/30/19

Bankers are expected to field numerous questions on third-quarter earnings calls about the threat of shrinking loan yields, stubbornly high deposit prices and what they're going to do about them.

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Senates vote gives the SBA's 7(a) program a last-minute reprieve

09/27/19

Caught in the middle of a credit-subsidy debate, the program would have shut down on Tuesday without congressional action.

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Veritex to record charge-off tied to energy loan

09/24/19

The Dallas company inherited the loan relationship from a bank it bought in 2017.

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Berkshire Hills discloses issue with commercial loan

09/23/19

The Boston company said the loan participation went into default due to potentially fraudulent activity.

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Great Western hires former U.S. Bancorp exec to fill credit role

09/20/19

The decision to bring in Michael Doyle follows a quarter where the South Dakota company reported a spike in net charge-offs.

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Flagstar to record recovery from troubled commercial loan

09/20/19

The Michigan company sold collateral tied to Live Well, a mortgage company that has filed for bankruptcy protection.

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Challenger banks insist they’re equal to the task of lending

09/18/19

MoneyLion and Varo say familiarity with existing customers — whom they already offer savings, investment and personal finance products — will help them make smart credit decisions.

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SBA lenders fear another 7(a) shutdown, press Congress to act

09/17/19

The popular program could go idle next month for the second time in less than a year if lawmakers are unable to approve a $99 million credit subsidy.

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California bank warns of large fraud-related charge-off

09/17/19

Private Bancorp of America is the latest bank to report a borrower issue in connection with a high-profile fraud case tied to liquor licenses.

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Chemung in N.Y. discloses exposure to loan default

09/13/19

The loan participation has been flagged for potentially fraudulent activity.

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