Monday, January 6, 2025

News

Week of Jan. 7

In This Issue… • Sandy’s salutations • OBA raising money for Gov.-elect Stitt’s Inaugural Ball • Key Kansas City Fed supervisor to retire • Oklahoma legislature ready to start next month • Compliance Alliance hosting board of directors webinar • OBA education corner …

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Week of Dec. 31

In This Issue… • Oklahoma Economist publication: Positive outlook for state in 2019 • Registration open for 2019 OBA Senior Management Conference • OBA education corner …

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Week of Dec. 24

In This Issue… • Registration open for 2019 OBA Senior Management Conference • OBA raising money for governor’s Inaugural Ball • OBA education corner …

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OBA raising money for governor’s Inaugural Ball

Bankers have a chance to go together (or contribute directly) to our collective effort to raise at least $10,000 to show industry support for our new governor. This amount will help us sponsor a table at the Inaugural Ball to be held on January 14, 2019. Each contributing bank – as well as every bank that sponsors its own table …

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Week of Dec. 17

In This Issue… • Reminder about Gov.-Elect Stitt’s plans for inaugural festivities • FSOC to meet Wednesday, discuss CECL implementation • FDIC: CECL is no walk in the park • OBA education corner …

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Executive News: Merry Christmas

Each December I intentionally offend the “politically correct” crowd with this headline in my monthly column. If any one feels that way, my suggestion is simple: Get over it. We call it “Christmas” for a reason, Bucko, and it’s not because we’re celebrating “go-out-and-buy-as-much-stuff-as-you-can-and-give-it-to-family-and-friends” day. We’re celebrating the birth of our Lord and Savior, Jesus Christ. He is, after all, …

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Hall Headliners

The Oklahoma Bankers Hall of Fame inducted its first-ever class on Dec. 4 at the Oklahoma History Center in Oklahoma City. Shawnee banker Larry Briggs, Altus banker Ken Fergeson and Oklahoma City banker Gene Rainbolt made up the inaugural group. The ceremony was hosted by the Oklahoma Bankers Association’s immediate past chairman, Guy Sims, who is also president/CEO/chairman of Shamrock …

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Banking industry continues success over third quarter

Recently, the FDIC released its third quarter report showing FDIC-insured institutions reported aggregate net income in the amount of $62 billion, up $14 billion, or 29.3 percent, over last year at this point in the year. According to the agency, this increase in earnings came as a result of higher net operating revenue plus a lower effective tax rate. According …

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Oklahoma banking industry continues record earnings pace in third quarter

Recently, the FDIC released its third quarter report showing FDIC-insured institutions reported aggregate net income in the amount of $62 billion, up $14 billion, or 29.3 percent, over last year at this point in the year. According to the agency, this increase in earnings came as a result of higher net operating revenue plus a lower effective tax rate. According …

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Oklahoma Economist publication: positive outlook for state in 2019

The Oklahoma City Branch of the Federal Reserve of Kansas City has released its latest issue of the quarterly publication the Oklahoma Economist. Oklahoma’s economy continued to expand in 2018 with employment increasing solidly and the unemployment rate below the national average with wages rising, according to Chad Wilkerson, branch executive, vice president and economist at the Oklahoma City Branch …

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