By CSBS Chief Economist Thomas F. Siems, Ph.D The CSBS fourth quarter 2021 Community Bank Sentiment Index (CBSI) indicates that community bankers are slightly more optimistic than they were in the previous quarter, but expectations on future profitability have fallen to the lowest level recorded since the survey’s inception in 2019. Similar to the previous three 2021 quarterly CBSI surveys
Blog 1 of 7: Macroeconomic Forces By CSBS Chief Economist Thomas F. Siems, Temple University Professor of Finance and CSBS Adjunct Research Scholar Jonathan A. Scott and Federal Reserve Bank of St. Louis Supervision Policy, Research and Analysis Manager Meredith A. Covington Adapting to the Digital Age Series Blog 1: Macroeconomic Forces Blog 2: Competitive Forces Blog 3: Tech Usage
Blog 2 of 7: Macroeconomic Forces By CSBS Chief Economist Thomas F. Siems, Temple University Professor of Finance and CSBS Adjunct Research Scholar Jonathan A. Scott and Federal Reserve Bank of St. Louis Supervision Policy, Research and Analysis Manager Meredith A. Covington Adapting to the Digital Age Series Blog 1: Macroeconomic Forces Blog 2: Competitive Forces Blog 3: Tech Usage
In this seven-part blog series, we explore how community banks are adapting to a changing digital landscape by analyzing banking and technology questions from the 2021 CSBS National Survey of Community Banks.
In this seven-part blog series, we explore how community banks are adapting to a changing digital landscape by analyzing banking and technology questions from the 2021 CSBS National Survey of Community Banks.
A modernized regulatory framework for bank merger transactions should reflect changes in financial services, the diversity of consumer and small business needs and the interests of community banks, CSBS said in a comment letter to the FDIC. The FDIC has solicited comments as it undertakes a comprehensive review of all aspects of the existing regulatory framework applicable to bank merger
By CSBS Chief Economist Thomas F. Siems, Ph.D. The slope of the U.S. yield curve, or the difference between the yield on the 10-year Treasury note and the 2-year Treasury bill, appears to be an important indicator of community bankers’ expectations for future business conditions. As shown in the nearby chart, turning points in community bankers’ outlook for future business
By CSBS Chief Economist Thomas F. Siems, Ph.D. The CSBS second quarter 2022 Community Bank Sentiment Index (CBSI) fell to its lowest level since the creation of the index in 2019. The overall index was driven down by record low readings in three of the index’s seven components: regulatory burden, the impact of monetary policy, and expectations for future business
State regulators stated their support of the federal banking agencies’ proposed modernization of the Community Reinvestment Act (CRA) but asked for further clarity in a comment letter submitted by the Conference of State Bank Supervisors (CSBS) today. CSBS commended the Federal Reserve, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation for issuing uniform and