The Banker Next Door

Episode 219: Review of Bank Director 2024 Ranking Banking Report

This episode reviews Bank Director’s 2024 Ranking Banking Report. The report ranks the largest 300 publicly traded banks by performance. They also rank the top 25 banks by each asset size category – less than $5 billion, $5 billion to $50 billion, and $50 billion and above. Let’s see who made the cut! Links to a Bank Director article and the report are included below.  
Link: 2024 RankingBanking Report: Small Players Dominate the Best Banks List | Bank Director
Link: RankingBanking 24 Digital (1) - Flipbook - Page 1 (paperturn-view.com)

Episode 218: Review of FDIC Quarterly Banking Profile for 2Q 2024

This episode examines the FDIC’s Quarterly Banking Profile for the second quarter of 2024. How are community banks performing? A link to the current report and a previous episode covering the fourth quarter of 2023 are included below.
Link: FDIC Quarterly Banking Profile - Second Quarter 2024
Previous Episode Link: Episode 86: Review of FDIC Quarterly Banking Profile (Q4 2023)
Podbean - https://joeberq.podbean.com/e/episode-86-review-of-fdic-quarterly-banking-profile-q4-2023/
 
 

Episode 217: P2P payment fraud, what you need to know!

This episode examines peer-to-peer (P2P) payment fraud. The amount of this fraud has skyrocketed over the last few years and is projected to increase in the years ahead. We look at common P2P scams, actions you can take to try and prevent this type of fraud, and we see what a new industry group is doing to try and combat these types of fraud. Links to the articles are included below.
Link: P2P Payment Fraud Is on the Rise: How To Combat It (pcbb.com)
Link: Industry Work Group Scam Info Sharing Recommendations | Federal Reserve Financial Services (frbservices.org)

BND: Strategy Room 9-6-2024

The Banker Next Door (BND) weekly live stream show. Strategy Room provides financial news, commentary, top stories in the business world, economic indicators, and all things banking for the week.

Episode 216: What is the discount window and how do banks get access?

This episode examines the discount window and answers how banks get access to it? The discount window is a lending facility, which works like a line of credit, that is open to all financial institutions. The main users of the discount window have historically been the “money center banks,” which are made up of the 25 largest banks in the U.S. Most of the smaller banks in the U.S. do not utilize the discount window due to the stigma related to it. We go over the five steps a bank would take to access the discount window. Links to the articles reviewed are included below.  
Link: Five Steps to Discount Window Borrowing (communitybankingconnections.org)
Link: What Is a Discount Window? Why and How Do Banks Use It? (investopedia.com)
Link: Money Center Banks: Meaning, Overview, Role in Economy (investopedia.com)

Episode 215: Customers Bank hit with enforcement action over crypto! (Crypto Series Part IX)

This episode examines recent enforcement actions taken against Customers Bank by the Federal Reserve Bank of Philadelphia for their involvement with cryptocurrency and / or digital assets. The Federal Reserve Bank of Philadelphia found that Customers Bank had deficiencies in their risk management program as it related to BSA and AML compliance. Customers Bank is now under a written agreement and must submit to an independent third-party review of their digital assets business.

Episode 214: How do banks feel about loan growth?

This episode examines the potential for loan growth right now at U.S. banks. We look at the Federal Reserve Senior Loan Officer Survey for July 2024, an article from Bank Director, an Article from S&P Global, and an article from The Business Journals. Banks are not feeling that great about loan growth in the short-term and have tightened up lending standard but feel that demand will improve over the next year as the Fed decreases interest rates. Links to the articles are included below.
Link: More Banks Are Reporting Slowing Loan Growth, Raising Risk Concerns for Directors | Bank Director
Link: The Fed - The July 2024 Senior Loan Officer Opinion Survey on Bank Lending Practices (federalreserve.gov)
Link: Banks tighten lending standards, squeezing small-business owners - The Business Journals (bizjournals.com)

Episode 213: What are Chinese and Japanese Megabanks doing?

This episode examines recent actions and polices with China and Japan’s megabanks as they both struggle with different issues. China has a major real estate problem, and a surging Yen could threaten profits for Japanese banks. China and Japan are the two largest purchasers of U.S. debt, so we must keep an eye on their economies.  

Episode 212: How is the Chinese property market effecting their banks?

This episode examines the current state of the Chinese real estate market. Has a deterioration in property values caused problems for their banks? How is the Chinese government dealing with the issue?  Can we trust the numbers coming out of China?   

Episode 211: Let's check in on CEO salaries!

This episode looks at 2023 CEO pay for banks, financial services, and S&P 500 companies. Jamie Dimon remains in the top spot for banks, but who takes the top spot for financial services and S&P 500 companies? Are CEOs paid too much?