Federal Agencies Increase Threshold for Appraisals for Commercial Real Estate Transactions

  In April 2018, The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency issued a final rule that increased the threshold for commercial real…

Interest Rate Risk

While many financial institutions have outsourced their interest rate risk reporting to a third-party, the financial institution still has responsibility for reviewing and testing the data prepared by the third-party. At a minimum, small financial…

We knew this was coming!

It has been several months, but I wanted to bring this back to the top of your mind.  I just spoke with a Banker at a too-big-to-fail bank, and they are still getting pushed to reach goals.  So the community bank must make sure we do not make…
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CFPB Issues Bulletin on Expectations for Institutions Utilizing Incentives

On November 28, 2016 the Consumer Finance Protection Bureau (CFPB) issued a bulletin warning supervised financial companies that creating incentives for employees and service providers to meet sales and other business goals can lead to consumer…
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Are Your Meetings Productive?

As with many of you, writing has never been one of my favorites. Now reading and learning – that is another story.  I always like to write about things that I love to learn about and one of those areas is how to be more efficient, to help…
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Is the Bank Properly Identifying Loans Classified as Troubled Debt Restructure?

Accounting guidance for Troubled Debt Restructurings (TDRs) is included in Accounting Standards Codification (ASC) 310-40.  According to the guidance, a modification of a loan’s terms constitutes a TDR if the creditor for economic or legal…
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Are You Helping Your SBOs Plan for Their Next Season of Life?

Do you know how a change in business ownership will affect your relationship with that business? According to the Guardian Small Business Owners Retirement Readiness Study. The primary sources for retirement success cited by small business…
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Cybersecurity 101

At a recent community banker conference, a round table discussion brought to light the different perspectives small community banks have for cybersecurity. It was interesting to hear a majority of the bankers that sat around discussing how they…
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Redirecting to Teach

Have you ever spent extra time on an e-mail or message to make sure all the details are included, making sure there will be no possible questions.  Hit send and your done right?   Only to receive that phone call or e-mail reply asking a question…