Oklahoma Banker

June 2024

• June 12, 2024

  Executive News: Legislative session rides roller coaster this year

  The Second Regular Session of the 59th Oklahoma State Legislature finally came to an end – by later afternoon on May 30, both chambers had officially adjourned sine die. The legislature is constitutionally required to adjourn session by 5 p.m. on the last Friday in May. Rarely do they ever make it to the last day in the month, but …
• June 12, 2024

  Oklahoma banks post gains in first quarter

  Both total assets and total deposits increased at Oklahoma bankers during the first quarter of 2024. Total assets at at Oklahoma banks jumped from $152.8 billion at the end of 2023, to $155.4 by the end of the first quarter on March 31. Total deposits, meanwhile, also increased from $122 billion to $125.6 billion. Net income, however, was a bit …
• June 12, 2024

  Agencies issue host state loan-to-deposit ratios

  Federal bank regulatory agencies issued at the end of last month the host state loan-to-deposit ratios that are used to evaluate compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. These ratios replace those from May 2023. Oklahoma moved to 86% in the ratios released, a jump from the previous mark of 76%. Other …

May 2024

• May 22, 2024

  Executive News: Speedbumps being hit in state legislature

  We have officially entered the last month of the state legislative session, and just like clockwork, the craziness and the nonsense have already started. As I’ve mentioned before, the only thing the legislature is statutorily required to accomplish is to pass a state budget. So, all the policy issues still being considered must be across the finish line before the …
• May 22, 2024

  Oklahoma banker named to FDIC subcommittee

  The FDIC, in late March, announced four new members of the agency’s Minority Depository Institutions Subcommittee to the Advisory Committee on Community Banking, which included an Oklahoma banker. They are: John Tom Anderson, president and CEO of F&M Bank, Edmond. John Lewis, president and CEO of the Harbor Bank of Maryland, Baltimore. Alfonso Macedo, president and CEO of Ocean Bank, …
• May 22, 2024

  2024 OBA Directory of Banks now available for purchase

  The latest edition of the OBA Directory of Banks is now available. This essential reference includes financial data, important information about all Oklahoma banks, savings and loans, savings banks and holding companies, key personnel by function and title, answers to rules and regulations, legislators, state and national agencies, courthouses, fast-find index and much more! Each Directory is $40 per copy …
• May 22, 2024

  FDIC seeks public comments about bank merger policies

  The FDIC is accepting public comment on its proposal to change how the agency will evaluate bank merger applications. Among other things, the proposal would broaden the number of competitive factors the FDIC will take into consideration when deciding whether to approve or deny applications. The agency would also require a “thorough accounting” of the potential effects on communities, including …
• May 22, 2024

  Historical host: 2024 OBA Annual Convention set for appearance at Skirvin Hotel

  The Oklahoma Bankers Association Annual Convention takes place May 13-15 at the historic Skirvin Hilton in Oklahoma City. The OBA and its member banks are better together … it’s become a mantra of sorts during Bryan Cain’s year as OBA chair, and it’s the focus of our annual convention this year! Nearly 200 banks and 20,000 bank employees across the …

April 2024

• April 15, 2024

  Executive News: Candidate filing period is interesting time in politics

  It’s almost 5 p.m. on Friday, April 4, and I’m anxiously sitting at my computer constantly hitting the refresh button. Now I know what its like trying to get Taylor Swift tickets. Every refresh, you look for any changes and, frankly at this point, if there were changes I probably wouldn’t even notice. No, I’m not looking for concert tickets …
• April 15, 2024

  OBA Convention set for mid-May

  The Oklahoma Bankers Association 2024 Convention is set for May 13-15 in Oklahoma City, with the Skirvin Hiton hotel as the host locale. This year’s convention theme is focused on the phrase “Better Together”, which has been a mantra of sorts for OBA Chair Bryan Cain during his year at the head of the Association. Things will start in typical …