community banks

PPP Reopens With $284B for Small Business Loans
Credit & Capital

PPP Reopens With $284B for Small Business Loans

The revamped COVID-19 relief program also allows some companies to apply for a second draw of up to $2 million.
By Matthew Heller | January 11, 2021
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Over 1.6M Small Firms Get Corona Crisis Loans
Credit & Capital

Over 1.6M Small Firms Get Corona Crisis Loans

The Paycheck Protection Program has "enjoyed broad-based participation from lenders of all sizes and a wide array of industries and businesses."
By Matthew Heller | April 20, 2020
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U.S. Exempts Small Banks From Volcker Rule
Risk & Compliance

U.S. Exempts Small Banks From Volcker Rule

Regulators have adopted a final rule allowing community banks to engage in proprietary trading.
By Matthew Heller | July 10, 2019
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Bank Profits Rise 7.7% to $43.7 Billion in Q4
Financial Performance

Bank Profits Rise 7.7% to $43.7 Billion in Q4

The number of financial institutions on the FDIC’s “problem list” fell to the lowest level in more than seven years.
By Matthew Heller | March 1, 2017
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Community Banks Still Struggling with Compliance Costs
Risk & Compliance

Community Banks Still Struggling with Compliance Costs

While Bank of America might be able to absorb additional compliance costs, the additional rounds of paperwork and auditing could crush a community bank.
By Ash Patel | October 19, 2016
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People’s United to Buy Suffolk Bancorp for $402M
Strategy

People’s United to Buy Suffolk Bancorp for $402M

Suffolk's "strong Long Island presence complements our previous acquisitions and organic growth in the New York Metro area," People's CEO says.
By Katie Kuehner-Hebert | June 27, 2016
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Bank Profits Increase 5.1% to $40B
Risk

Bank Profits Increase 5.1% to $40B

The increase in third-quarter earnings was mainly attributable to a $3.2 billion decline in noninterest expenses.
By Matthew Heller | November 27, 2015
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Smaller Banks Are Dodd-Frank Losers
Risk & Compliance

Smaller Banks Are Dodd-Frank Losers

The regulations coming out of the law are driving community banks to consolidate and making them less profitable.
By Rob McDonough | June 23, 2015
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CFO Banks Face Time with Customers
Human Capital & Careers

CFO Banks Face Time with Customers

Q2's business model is foreign to the small banks the company pitches to, so the finance chief helps drive sales.
By David McCann | May 28, 2015
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Community Banks Lead Industry in Profit Growth
Financial Performance

Community Banks Lead Industry in Profit Growth

The sector's first-quarter net income rose 16% from a year ago, compared to 6.9% for all FDIC-insured banks.
By Katie Kuehner-Hebert | May 27, 2015
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Private Investors Profiting From TARP Auctions
Regulation

Private Investors Profiting From TARP Auctions

Many community banks now owe TARP dividends to outside investors or have to buy back preferred shares at a premium.
By Katie Kuehner-Hebert | January 28, 2015
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Community Banks Object to Verizon Buyout Loan
Risk Management

Community Banks Object to Verizon Buyout Loan

CoBank, a government-sponsored enterprise designed to provide credit to farmers and ranchers, has no place in the $12 billion deal, a bank group says.
By Vincent Ryan | October 24, 2013
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