It's been a big week in Washington with the State of the Union. But what about the State of Banking? One of the big issues in banking gets swept under the rug. That issue - Current Expected Credit Losses (CECL) - is a complete shift in how banks look at impaired loans. Under CECL, community [...]
As the government shutdown has gone on throughout January, it shines a light on a key fact. It's hard to make decisions without a good data set. As our first article of the week points out, the shutdown has meant that the Fed hasn't been able to get a full dashboard of data. Without clear [...]
Just like many businesses and organizations do, we’ve just came out of strategic planning sessions for our business year in December. One of the interesting things we came across was the difference between goal measurements. How often have you seen this? We want the bank to earn $________ in 2019. That’s great, and you should [...]
First off, Happy New Year! We hope your bank realizes unparalleled success this year! The start of the new year brings more of the same – discussion and debate over interest rates and what the best next moves for the Fed are. Needless to say, there’s more uncertainty than there’s been in a very long [...]
Sure enough the hammer dropped on Wednesday. The Fed raised interest rates, as we suspected. For that reason, we’ve prepped some BLUFs from just before that announcement, each of which provide some insight to what it means for the economy. The spread between the 3-month Treasury and 10-year Treasury stands at less than 40 basis [...]
Interest rate hikes are still the topic du jour of the moment. It seems like everyone has a different opinion of just how the Fed should modify rates over the next year or two. These interest rate changes could have a huge impact to your bank’s balance sheet. It’s important for your bank’s ALCO to [...]
