Controversial Industrial Loan Charter Back in Play
It looks as though we may be getting more new banks this year than we have in long time. Both community bank and industrial loan company (ILC) applications are receiving provisional approvals. Ford and GM are both in the latter…
As Big Banks Consolidate, Community Banks Step In
During 2024 and 2025, the U.S. lost close to 1,500 bank branches (net). As bigger banks merge and shutter offices, community banks are stepping in to fill the void they leave behind. When acquired branches are closed due to close…
Loan Quality not Holding Steady at all Banks
According to the FDIC’s Quarterly Banking Profile, U.S. banks held their past due and nonaccrual loans steady during the third quarter 2025. But, that is as a group. Not all U.S. banks are faring as well with loan performance. Today we…