Building—and Rebuilding—the Texas Economy One Business at a Time

As COVID vaccinations increase and mask mandates subside, businesses are beginning to draw sighs of relief, hoping that the worst is behind us and the future brings some sense of normalcy. But there is no doubt that the past 14 months have been fraught with anxiety, not only for the health of our population, but … Read more

California-based East West Bank Contributes to Texas Storm Relief

Pasadena, California-based East West Bank, which operates 13 locations in the Texas/Southwest region, presented a $10,000 contribution to the Houston Food Bank on April 12 to support local organizations that are aiding communities disproportionately impacted by the severe weather crisis that hit Texas in mid-February. As families grapple with both the health and economic impacts … Read more

IBAT’s VendorConnect Offers a Virtual Improvement Over Old-School Meet-’n’-Greets

Many aspects of life are beginning the return to normal. In a number of ways, we can see light at the end of the tunnel. We look forward to the days when we can do things the ways that we had before, prior to COVID-19. But we are also asking: Should everything go back to the way … Read more

SWGSB to Focus on Mission-Critical Duties at Upcoming Virtual Workshop for Bank Directors

The Southwestern Graduate School of Banking (SWGSB) at Southern Methodist University will present its spring Workshop for Bank Directors in a virtual format via Zoom on the afternoons of March 17–19. This spring’s program, “An In-Depth Look at Mission-Critical Duties and Responsibilities,” will be led by the industry’s best and brightest and focus on what … Read more

The COVID Cost Shift

The COVID-19 pandemic has disrupted banking. Changing consumer behavior has created new habits that will last a lifetime. Remaining relevant in an evolving competitive landscape reshaped by the pandemic is the challenge. Financial institutions that successfully realign network delivery to traverse this challenge will emerge with the ability to capture present and future opportunities. Productivity … Read more

FDIC Releases 2020 Community Banking Study

In mid-December, the Federal Deposit Insurance Corp. (FDIC) released the 2020 Community Banking Study, a new large-scale study on the state of the nation’s community banks. The study finds community banks played a critical role in providing access to credit in several key areas of the U.S. economy, particularly through lending to support commercial real … Read more

Pandemic Prescience: A New Look at a 2007 Report that Pondered the Economic Impact of Another Event Like the 1918 Influenza

EDITOR’S NOTE: In 2007, the Federal Reserve Bank of St. Louis published a paper by economist Thomas A. Garrett, then an assistant vice president at the St. Louis Fed (now an associate professor in economics at the University of Mississippi), entitled Economic Effects of the 1918 Influenza Pandemic: Implications for a Modern-Day Pandemic. Have those implications … Read more

What was Different in the Second Round of PPP in Texas? Part Two of a Study of the Role of Community Banks in Texas

MARK GRIFFITHS, Principal, MG2 Investments LLCMIKE MAULDIN, Director of the Excellence In Banking Program, Texas Tech UniversityDREW WINTERS, Pickering Chair in Finance, Texas Tech University EDITOR’S NOTE: This research paper—part two of a comprehensive look at the Paycheck Protection Program (PPP)—was provided by the Excellence in Banking Program at Texas Tech University and offers documentation … Read more

The State of Play with CRA

If COVID-19 and an economic recession are not enough for you to deal with, here’s another regulatory issue that continues to loom over all banks—the Community Reinvestment Act. CRA Exams. First, CRA examinations and release of exam results continue. Lists of banks up for their exam are posted. These should be “virtual” exams in keeping … Read more

Did the Paycheck Protection Program Funds Get to Small Businesses? A Study of the Role of Community Banks in Texas

MARK GRIFFITHS, Principal, MG2 Investments LLCMIKE MAULDIN, Director of the Excellence In Banking Program, Texas Tech UniversityDREW WINTERS, Pickering Chair in Finance, Texas Tech University EDITOR’S NOTE: This research paper was provided by the Excellence in Banking Program at Texas Tech University and provides documentation and valuable insights into the remarkable efforts of community banks … Read more