The Banker Next Door

Episode 151: What is happening with office-upfit costs?

This episode looks at a recent article by Ashley Fahey from The Business Journals titled “Office-upfit costs continue to rise but have leveled off from inflation spikes.” The article examines the cost of office fit out expenses across the U.S. The article further explains that landlord tenant-improvement allowances are shifting. A link to the article is below.
Link - Office-upfit costs rise amid amenities, flexible workspaces, technology - Philadelphia Business Journal (bizjournals.com)

Episode 150: Do the 5 C's of credit still mater?

This episode looks at a recent blog post by Ken Summar from Jack Henry titled “Do the 5 C’s of credit still matter?” The blog article explains the 5 C’s of credit, how technology may be affecting or influencing them, and proposes some additional C’s that should be considered. A link to the article is below.
Link - Do the 5 C’s of Credit Still Matter? | FinTalk (jackhenry.com)

Episode 149: The Lords of Easy Money Part 21

In this last episode of the series, we look at what has transpired from the end of the book in 2021 to today. I pose the question one more time, did the Fed save the day or permanently destroy our economy? What do you think?

Episode 148: The Lords of Easy Money Part 20

In this episode we continue to review the book The Lords of Easy Money by Christopher Leonard. This book is about the Federal Reserve’s actions from 2008-2021.  The author provides the reader a behind the scenes view on the discussions inside the Fed and ultimately, we see how their eventual actions played out in the larger economy. Did the Fed save the day or permanently destroy our economy? In this episode we review Part 3 (Chapters 13-16).  This is a multi-part series.
If you would prefer the “quick” review of the book, see episodes 8 (Review Part I) and 15 (Review Part II).  

Episode 147: How can the bank's board help in implementing AI?

This episode looks at a recent article in Bank Director titled “How bank boards can support the implementation of AI” The article provides three actions a bank board can utilize to help guide the organization. In addition, the authors consider how a board might restructure itself to better handle AI oversight. A link to the article is below.
Link -  How Bank Boards Can Support the Implementation of AI | Bank Director

Episode 146: Will credit quality be impacted by CECL?

This episode looks at a recent article in Bank Director titled “Will community banks know when their credit quality cracks?” The article focuses on the implementation of the current expected credit loss model or CECL and how the handling of troubled debt restructuring, or TDRs, has changed under it. Will banks have the proper data moving forward to recognize current trends in their loan portfolios? A link to the article is below.
Link - Will Community Banks Know When Their Credit Quality Cracks? | Bank Director

Episode 145: Can a bank's insurance bond survive fraud losses?

This episode looks at a recent article in Bank Director titled “Will your bank be covered when fraudsters strike?” The article focuses on what a bank’s board of directors should know about the ins-and-outs of their insurance bond. Basically, as all types of bank fraud continue to rise, banks need to make sure they are properly covered from potential losses. A link to the article is below.
Link -  Will Your Bank Be Covered When Fraudsters Strike? | Bank Director

Episode 144: Banking Update 5-26-2024

This episode provides a weekly update on U.S. banking industry news.

Episode 143: Chaos at the FDIC!

This episode follows the evolving story of the cultural crisis at the Federal Deposit Insurance Corporation (FDIC) and its embattled Chairman Martin Gruenberg. An explosive report was released by an independent firm on the FDIC’s workplace culture, and it found sexual harassment, discrimination, and more misconduct including Mr. Gruenberg’s abhorrent attitude toward employees. Mr. Gruenberg was ready to step down but now is apparently staying, under political pressure, until a successor can be named.  

Episode 142: 22 banks saw major deposit runs amid March 2023 crisis!

This episode examines an explosive new report from the Federal Reserve Bank of New York titled “Tracing Bank Runs in Real Time.” The study found that 22 banks experienced deposit runs during the March 2023 banking crisis. The findings in this report suggest that modern payment systems are adding a complexity to bank runs that is not yet fully understood. A link to the report is below.
Link - sr1104.pdf (newyorkfed.org)