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Tag: Community Banking

FRF for SMEs and Small Business Borrowers

In 2013, the AICPA released the Financial Reporting Frame-work for Small and Medium-Sized Entities (or FRF for SMEs). This is a simplified non-GAAP accounting frame-work

Borrower Succession Planning

What is the Community Bank’s Role? Business succession can be a profitable event for community banks that are proactive in helping owners prepare, implement and

The Latest IT and Security Hot Topics for Banks

written by Blair Groves We have all heard the phrase “heightened regulatory environment” regarding the expectations the banking industry is facing from their regulating agencies.

A New Cybersecurity Assessment Tool

written by Chris Griesemer The FDIC, with the help of the Federal Financial Institutions Examination Council (FFEIC), has created a Cybersecurity Assessment Tool to help

Community Bank Succession Planning

About 8,000 baby boomers are now turning 65 years old every day, according to the AARP. Included among these retirees and those soon to retire

Deferred Tax Liability Concept

Deferred Tax Assets and NOL Carryforwards

When examining loan applications of potential small business borrowers, it’s important for lenders to consider the potential impact of deferred tax assets on a business’