Saturday, January 19, 2019

Featured Posts

Oklahoma banking industry continues record earnings pace in third quarter

Recently, the FDIC released its third quarter report showing FDIC-insured institutions reported aggregate net income in the amount of $62 billion, up $14 billion, or 29.3 percent, over last year at this point in the year. According to the agency, this increase in earnings came as a result of higher net operating revenue plus a lower effective tax rate. According …

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Three bankers make up inaugural class for Oklahoma Bankers Hall of Fame

he Oklahoma Bankers Hall of Fame inducted its first-ever class today at the Oklahoma History Center in Oklahoma City. Shawnee banker Larry Briggs, Altus banker Ken Fergeson and Oklahoma City banker Gene Rainbolt made up the inaugural group. The ceremony was hosted by the Oklahoma Bankers Association’s immediate past chairman, Guy Sims, who is also president/CEO/chairman of Shamrock Bank in …

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Reg relief bill S. 2155 passes House; signed by president

S. 2155, a regulatory relief bill for community banks, passed the U.S. House of Representatives last week. With its passage through the Senate in March, it was soon thereafter signed by President Trump and became law. It is the first bipartisan bill to pass through Congress in quite a while and contains several COMMONSENSE adjustments to regulations that have hurt …

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