Oklahoma Banker

September 2017

• September 1, 2017

  OBA looking for help from banks for Harvey relief

  An OBA Update late last month carried a report about a joint effort by the Texas Bankers Association and the Independent Bankers Association of Texas to help raise money for the Houston flood. The two banker advocacy groups expressed their heartfelt angst, thoughts and prayers for those communities that have been devastated by the recent hurricane. TBA and IBAT were …

August 2017

• August 1, 2017

  Small business lending focus of CFPB meeting

  Most bankers are aware the Consumer Financial Protection Bureau has put forth a Request for Information that deals with the small business lending market. In particular, the Bureau wants information about current practices as they relate to small businesses that are minority- or women-owned. This request comes about because Section 1071 of Dodd-Frank has mandated bankers compile, maintain and report …
• August 1, 2017

  Bankers’ Night Out events scheduled for autumn

  To help with our bankers’ future planning, we’ve set the dates and locations for the upcoming Bankers’ Night Out events for the fall season. These events are valuable opportunities for bankers to network with peers and gain insight on happenings in the industry. There are six stops scheduled, including a new addition to our regular list of locations: Stillwater. All …

July 2017

• July 1, 2017

  Loan-to-deposit ratio information released

  The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency issued late last month the host state loan-to-deposit ratios that they will use to determine compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. These ratios replace the prior year’s ratios, …

June 2017

• June 3, 2017

  Bank earnings continue to improve

  Through the end of the first quarter, Oklahoma banks earned a solid $367 million. “It’s an outstanding result, again, and it reflects the ongoing strength of Oklahoma banks,” OBA President and CEO Roger Beverage said. “When taken together, the nation’s 5,856 banks earned nearly $44 billion for the quarter. That compares to $39 billion at the end of the first …

April 2017

• April 1, 2017

  OBA convention set for Norman in late May

  The 2017 OBA Annual Convention & Trade Show is coming soon, set for May 22-24 at the Embassy Suites in Norman. Matt Lewis, senior columnist for the Daily Beast and author of Too Dumb To Fail, will give the keynote speech at the opening of convention on May 22. Lewis will give a talk titled, “The Trump Years: What to …
• April 1, 2017

  Short-form call report available for banks’ use

  The FDIC has announced a new, streamlined call report is available for use in the second quarter by smaller traditional banks that meet the requirements for its use. Generally, the new report will be available for those banks with total assets less than $1 billion and only have domestic offices. “The FDIC announced the availability of the new form as …

March 2017

• March 1, 2017

  Bank performance remained strong throughout 2016

  FDIC-insured banks and savings institutions across the country earned $43.7 billion in the fourth quarter, up 7.7 percent from the industry’s earnings a year before, according to the most recent FDIC statistics. Oklahoma banks also performed well. “Banks continued to be a positive economic force in 2016 with robust year-over-year growth in business loans, as well as commercial real estate …
• March 1, 2017

  Salina supporter

  Ask nearly anyone in a small town the best thing about living in a tiny community and one of the first answers you’ll hear is along the lines of “we all help each other out.” In those regards, Salina certainly fits the bill and Lakeside Bank of Salina is definitely one of those entities helping out. Salina Public Schools recently …

February 2017

• February 1, 2017

  Texas Bankers, IBAT sue over ADA claims

  A lawsuit has been filed in State District Court in Fort Worth, Texas, in which both the Texas Bankers Association and the Independent Bankers Association of Texas have joined forces to attack the ADA website compliance issue. The lawsuit seeks injunctive relief and attorney fees, not traditional monetary damages. In earlier issues of the OBA Update, we’ve mentioned efforts by …