Bankers: Hunker or Pounce?
Unprecedented times. How many of our borrowers on forbearance can begin making payments? What provision do we make this quarter? How do we justify it? What will our constituencies think when we have to foreclose on borrowers? For most of us, the onset of a recession means a time to assess the risk on our […]
Turn Non-Customer PPP Borrowers into YOUR Customers
Guest: Patricia (Patti) Husic, President, CEO & Director of Centric Bank and Centric Financial Corporation (OTC:CFCX). Podcast Show Notes: Our This Month In Banking (TMIB) podcast features discussion with colleagues and other industry thought leaders on interesting banking news that happened this month. TMIB will be available on the last Wednesday of every month here, […]
Bankers: Who Has These Three Drivers of Value?
Two years ago bank stock analysts from investment banking firm Boenning & Scattergood identified three attributes in a financial institution that investors should look for. I wrote a blog post on it that is currently my third most read post of all time. The three attributes were: Superior Growth Prospects Excess Capital Strong Deposit Franchises I can […]
How to Win Business From Big Banks With Sophisticated Lending Tools
Guests: Matthew Tevis, Managing Director, Head of Sales at Chatham Financial and Zohar Goshen, CEO and Founder of Metechi, a Bank-Centered Participation and Syndication Marketplace Podcast Show Notes: Our This Month In Banking (TMIB) podcast features discussion with colleagues and other industry thought leaders on interesting banking news that happened this month. TMIB will be […]
Money Is Math. And Math Is Color Blind
Typical conversation at my house: Me: How much was on the credit card?!?! Wife: Well, it’s because of [reason 1], [reason 2], and [reason 3]. Me: Our checking account doesn’t care about the reasons. We pay the amount on the credit card, and it comes out of the checking account. Simple math. This conversation is […]
The Federal Reserve’s Main Street Lending Program: Manna From Heaven for Community Banks?
“How much more abuse can small businesses take from big banks?” ~ Community Bank CEO PPP is winding down. Community banks not only took care of their small to medium sized businesses (SMEs), but also helped big bank customers when their calls went unanswered. Why? Because the big banks prioritized. It was a first come, […]
Covid-19 and Bank Liquidity
Guest: Brian Velligan, Managing Partner, Velligan-Blaxall Consultants, LLC Podcast Show Notes: Our This Month In Banking (TMIB) podcast features discussion with colleagues and other industry thought leaders on interesting banking news that happened this month. TMIB will be available on the last Wednesday of every month here, and on Apple and Droid podcast apps for […]
Paycheck Protection Program
Thursday evening (April 2, 2020) the Small Business Administration issued 13 CFR 120, its Interim Final Rule (“IFR”) regarding the PayCheck Protection Program (“PPP”). The 31-page document comes just hours before the new loan program was set to open on April 3. Bankers have been scrambling to get ready to implement this $349 billion program, […]
What’s the Next Crisis?
I remember a speech given by Jamie Dimon, Chairman and CEO of JP Morgan Chase, at the New York Bankers Association Convention back in the fall of 2009. It was approximately a year after the real estate debacle which culminated in September 2008 and caused what we now know as the great recession. Mr. Dimon […]
Millennials – What Do They Want from Their Bank?
Guest: Craig Rodenberger, Vice President and Marketing Director, Ephrata National Bank Podcast Show Notes: Our This Month In Banking (TMIB) podcast features discussion with colleagues and other industry thought leaders on interesting banking news that happened this month. TMIB will be available on the last Wednesday of every month here, and on Apple and Droid […]