Oklahoma Banker

Banks’ financial conditions are strong and they continue to be ready to “deal with the economic headwinds arising from geopolitical events, higher interest rates and increased inflation,” according to the OCC’s Semiannual Risk Perspective report for spring 2022 issued late last month. The report addresses key topics facing banks, focusing on those that pose threats to safety and soundness and …

Sine die: The two greatest words that anyone involved in state politics can hear. This Latin phrase is defined as “indefinitely, or without a future date set.” The Second legislative session of the 58th legislature is officially over with that phrase. It was my 22nd state legislative session and every one one of them is unique in their own special …

The OBA will be taking nominations for 2022 Oklahoma Bankers Hall of Fame inductees through the middle of July. The Hall of Fame was created by the OBA Board of Directors to honor individual bankers for their contributions to the banking industry and the State of Oklahoma. In addition, the Hall of Fame is intended to recognize bankers’ achievements on …

We are less than one month away from the end of the state legislative session. Constitutionally, it has to adjourn sine die no later than 5 p.m. on the last Friday in May. My guess is the members will get out early, but how early is anyone’s guess. They still haven’t reached a budget agreement and you’ll need a minimum …

The 2022 OBA Convention and Trade Show will make its return this month when it will be held on May 18-20 at the Omni Hotel in Oklahoma City. This year’s theme is centered around that decade of decadence, the 1980s, hence our convention name of “The OB80s” Attendees can expect a fun atmosphere, highlighted by the Throwback Thursday fun on …

The past couple of weeks, it’s finally started to feel like an election year. The negative ads are on TV and candidate rumors are swirling all around us. The legislature is running bad pieces of legislation that address problems, which only exist so members can use the vote for nothing more than campaign materials. I’m enjoying this right now, but …

The Oklahoma Bankers Association 2022 Convention is set for May 18-20 in Oklahoma City, with the Omni Hotel as the host locale. This year’s convention will feature a 1980s theme (OB80s) as we look back on the decade punctuated by garish clothes, fun music and angst-filled movies about teenagers! Things will start in typical fashion on Wednesday, May 18, with …

On Friday, Feb. 25, U.S. Sen. Jim Inhofe submitted the proper paperwork to the Oklahoma Secretary of State to show he will be retiring from the U.S. Senate on Jan. 3, 2023. Sen. Inhofe started his political career in 1978 when he was elected the mayor of Tulsa. Inhofe spent 6 years as mayor, he was then elected in 1987 …

The American Bankers Association has created a new webpage on aba.com where bankers can find announcements, alerts and guidance affecting the banking sector as a result of Russia’s invasion of Ukraine. The page includes updates on potential cyber threats, sanctions announcement from the federal government and other important news from the White House and various government agencies. Amid growing concerns …

Oklahoma’s commercial banks saw a marked increase in net income earnings in the fourth quarter from both the previous quarter as well as the fourth-quarter mark from last year. The FDIC’s Quarterly Banking Profile was released earlier this month and showed good news for both the state’s banks and the nation’s. Oklahoma banks saw their net income increase from $1.5 …