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The largest national banks apparently have turned the corner on asset quality issues, but this improving trend has not yet emerging across the Eighth District.
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The Financial Accounting Standards Board (FASB) recently released a proposal that would change the way financial institutions set aside funds to cover losses on loans, debt securities and other assets. Under current accounting rules, the allowance for loan and lease losses is based on incurred...
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We consider it critical that the voice of “main street” lending institutions be considered in the formulation of good supervisory policy.
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The demise of the community bank business model has been prognosticated by many, especially with the recent financial crisis. But what do the numbers suggest for the future?
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After a large increase in the first quarter of 2011, earnings growth at District banks came to a standstill in the second quarter.
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