Management and Audit Committee Letters

  • October 20, 2011

As a commercial lender, you may receive financial information from borrowers in literally all shapes and sizes. These range from audited...

Lessons to Be (Re)learned from the Financial Crisis

  • October 20, 2011

This fall marks the third anniversary of the beginning of the financial crisis. Of course, the seeds of the crisis were...

Survey of Community Banks

  • July 25, 2011

Banking industry experts Walt Moeling and Jim McAlpin recently conducted an informal survey asking investment bankers and industry consultants what they...

New SBA Refinance Program: A Potential Lifesaver

  • July 25, 2011

An estimated $700 billion in commercial mortgages is set to reach maturity over the next few years, and many of these...

Growth Strategies – It’s Time to Switch from Defense to Offense

  • July 25, 2011

For most companies in the financial services industry, the past few years have been all about survival. This includes community banks,...

Financial Reform: One Year Later – What Is the Future For Community Banks?

  • July 25, 2011

Last fall, our lead article in this newsletter detailed the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act...

Final Rules on Loan Originator Compensation

  • April 26, 2011

Some important changes recently went into effect impacting how bank mortgage loan originators and mortgage brokers can be compensated. Effective with mortgage loan applications received on or after April 1, 2011, loan originators and mortgage brokers can no longer receive compensation incentives based on the pricing of the loan (e.g., the APR or loan origination charges). Instead, compensation must be based either on a fixed percentage of the loan amount or a flat dollar amount per loan.

New Appraisal Guidelines Adopted for Appraisals and Evaluations

  • April 26, 2011

In December, federal financial regulators adopted the appraisal and evaluation guidelines that were originally issued for public comment in 2008. These new guidelines were issued in response to heightened concerns that arose regarding collateral appraisals and credit quality in the aftermath of the financial crisis.

Repeal of Reg Q – Competitive Strategy in a Post-Reg Q World

  • April 26, 2011

On July 21, a banking regulation on the books for nearly a century and considered by many to be one of the most antiquated laws will finally be repealed. That’s the date when Reg Q, which has prohibited banks from paying interest on commercial demand deposit accounts since the Great Depression, will officially become part of the history books. The repeal of Req Q comes courtesy of the Dodd-Frank financial reform bill passed last summer. The big question now is what will be the impact of this repeal on community banks?