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
A team of students from the University of Tennessee at Martin won this year’s annual CSBS Community Bank Case Study Competition. It is the fourth year the school has entered the competition, which provides undergraduate students in all fields of study an opportunity to conduct original research and gain valuable first-hand knowledge of the banking industry. The team of five
The CSBS Q4 CBSI indicates that community bankers are more pessimistic than they were in the previous quarter and near its lowest level recorded in the second quarter of 2022.
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.
By CSBS Chief Economist Thomas F. Siems, Ph.D. The CSBS first quarter 2022 Community Bank Sentiment Index (CBSI) indicates that community bankers have returned to a pessimistic outlook driven primarily by diminished expectations regarding future business conditions. Answering an open-ended question, community bankers expressed concerns over rising inflation (especially higher oil and gas prices), mounting geopolitical tensions and government regulations
By CSBS Data Scientist Carlos Cordova, Senior Policy Analyst Joey Samowitz, and Senior Economist and Director of Research Thomas F. Siems, Ph.D. Community banks have been at the forefront in providing needed funds to small businesses across the country as the 2020 COVID-19 pandemic and subsequent lockdowns have severely restricted U.S. economic activity. Our analysis of the Paycheck Protection Program
The latest CBSI shows that even as bankers expect business conditions to improve, rising profitability is not inevitable, and they are concerned about a weightier regulatory burden.