How to Prepare for LIBOR Replacement
- May 23, 2019
The London Interbank Offered Rate, or LIBOR, has been used for decades as the benchmark interest rate for many bank loans, including commercial and small business loans. But regulators have...
Tax Reform: Three Provisions That Could Affect Borrowers
- May 20, 2019
Most of the changes enacted by the Tax Cuts and Jobs Act took effect in tax year 2018. So the current tax-filing season is...
Interest Rates Are Rising: How Could This Impact Borrowers and Your Bank?
- May 16, 2019
The Federal Reserve is now well into its latest rate-hike campaign that started with a quarter-point boost in the Federal Funds...
What You Need to Know About Employee Benefit Plan Audits
- April 23, 2019
written by Jacque Mattson These days, candidates are seeking much more than a salary. Offering competitive benefits can make or break...
Capital Regulations Proposed on Certain Commercial Loans
- March 19, 2019
Last May, Congress passed the Economic Growth, Regulatory Relief and Consumer Protection Act (EGRRCPA). To conform the regulatory definition of HVCRE...
Get Ready for These Three Accounting Pronouncements
- March 15, 2019
In the world of accounting pronouncements, it can sometimes take years from the time a pronouncement is made until it becomes...
Five Things to Discuss With Your Borrowers
- March 11, 2019
Despite the robust economy as reflected by solid GDP growth over the past few quarters, many small businesses are facing some...
Are you fiscally fit? Six tips for healthy finances in 2019
- March 7, 2019
written by Melinda Thurman Whether it’s to exercise more, lose weight or eat better, the most common New Year’s resolutions center...
Final IRS Regulations Create Safe Harbor for Rental Real Estate
- January 31, 2019
written by Kathy Hillenburg The new tax law effective for the 2018 tax year provides a new income tax deduction for...