Oklahoma Banker

November 2017

  • November 1, 2017

    Republican House leaders draft tax reform legislation

    On Nov. 2, House Republican leaders released a draft of tax reform legislation – the Tax Cuts and Jobs Act – that makes numerous changes to the tax code for corporations and individual taxpayers. The more than 400-page bill also includes a number of provisions that will have a direct and indirect effect on the banking industry. Among the key …

October 2017

  • October 2, 2017

    Consumer delinquencies show improvement over second quarter of 2017

    Delinquencies in closed-end loans held steady in the second quarter as bank card delinquencies fell and home-related categories continued their return to normal levels, according to results from the American Bankers Association’s Consumer Credit Delinquency Bulletin, which were released early this month. Overall, delinquencies fell in eight of the 11 individual consumer loan categories tracked by ABA. The composite ratio, …

September 2017

  • September 1, 2017

    Oklahoma banks on pace for record profits

    Through the first two quarters of the year, Oklahoma banks earned $720 million at the end of June 2017. Earnings to date are well ahead of bank earnings at this same point in 2016 and are $32 million ahead of the previous record year (2015).  Total assets have grown to $114 billion (roughly $11 billion ahead of last year) while …

  • September 1, 2017

    OBA looking for help from banks for Harvey relief

    An OBA Update late last month carried a report about a joint effort by the Texas Bankers Association and the Independent Bankers Association of Texas to help raise money for the Houston flood. The two banker advocacy groups expressed their heartfelt angst, thoughts and prayers for those communities that have been devastated by the recent hurricane. TBA and IBAT were …

August 2017

  • August 1, 2017

    Small business lending focus of CFPB meeting

    Most bankers are aware the Consumer Financial Protection Bureau has put forth a Request for Information that deals with the small business lending market. In particular, the Bureau wants information about current practices as they relate to small businesses that are minority- or women-owned. This request comes about because Section 1071 of Dodd-Frank has mandated bankers compile, maintain and report …

  • August 1, 2017

    Bankers’ Night Out events scheduled for autumn

    To help with our bankers’ future planning, we’ve set the dates and locations for the upcoming Bankers’ Night Out events for the fall season. These events are valuable opportunities for bankers to network with peers and gain insight on happenings in the industry. There are six stops scheduled, including a new addition to our regular list of locations: Stillwater. All …

July 2017

  • July 1, 2017

    Loan-to-deposit ratio information released

    The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency issued late last month the host state loan-to-deposit ratios that they will use to determine compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. These ratios replace the prior year’s ratios, …

June 2017

  • June 3, 2017

    Bank earnings continue to improve

    Through the end of the first quarter, Oklahoma banks earned a solid $367 million. “It’s an outstanding result, again, and it reflects the ongoing strength of Oklahoma banks,” OBA President and CEO Roger Beverage said. “When taken together, the nation’s 5,856 banks earned nearly $44 billion for the quarter. That compares to $39 billion at the end of the first …

April 2017

  • April 1, 2017

    OBA convention set for Norman in late May

    The 2017 OBA Annual Convention & Trade Show is coming soon, set for May 22-24 at the Embassy Suites in Norman. Matt Lewis, senior columnist for the Daily Beast and author of Too Dumb To Fail, will give the keynote speech at the opening of convention on May 22. Lewis will give a talk titled, “The Trump Years: What to …

  • April 1, 2017

    Short-form call report available for banks’ use

    The FDIC has announced a new, streamlined call report is available for use in the second quarter by smaller traditional banks that meet the requirements for its use. Generally, the new report will be available for those banks with total assets less than $1 billion and only have domestic offices. “The FDIC announced the availability of the new form as …