We have been focusing quite a bit lately on commercial real estate (CRE) ghost malls and the like, and with good reason. But, imagine a scenario where a bank had 56% of its loans in CRE and another 26% in…
News
The Majority of the Minority
According to the U.S. Census Bureau, Asian Americans and Pacific Islanders constitute about 6% of the U.S. population. They also control half of the nation’s minority owned banks. Most of these banks have strong ratings and histories, which is good…
Changing Habits, Closing Stores
As the nation’s bank rating firm, it’s Bauer’s job to stay on top of things like Commercial Real Estate (CRE). While not automatically a sign of impending trouble, too much of anything (i.e. concentration in one type, growth, bad loans,…
Cyber-Fraud Reaches Pandemic Levels
Federal Regulators are required to submit Suspicious Activity Reports (SARs) to the Treasury for a number of different reasons and scenarios, but it all boils down to one: Fraud and Crime Prevention. In August 2018, a new sub-category was added…
C.U. Assets Grow at Breakneck Speed
The NCUA released its second quarter state-by-state Credit Union findings on Tuesday (9/15) proving that, yes, things are as crazy as they seem. The median asset growth at federally-insured credit unions during the 12 months ending June 30, 2020 was…
U.S. Banks & Credit Unions Prepare for the Worst
Coral Gables, Florida, September, 2020: BAUERFINANCIAL, Inc., the nation’s premier Bank and Credit Union rating firm, has newly released star-ratings available for all federally-insured U.S. banks and credit unions. After spending the better part of the last decade beefing up,…
Second Quarter Credit Union Data & Ratings
First quarter credit union data was released so late that we feel like we just did this, but it actually was two months ago. Second quarter data has not revealed any real surprises. As of June 30, 2020, NCUA reports…
The Tortoise and the Hare of Deposit Growth
There are 51 banks listed on page 7 of this issue. Each had more than a 55% increase in deposits during the first half of 2020. Unlike the last time we published a list like this (JRN 37:27), we omitted…
New Bank Star-Ratings This Week
Bank Star-Ratings have all been updated based on June 30, 2020 financial data. (Credit Union Star Ratings will be out in a couple of weeks.) We’ve been doing this a long time, and we’ve seen the banking industry go through…
Home Sales Up, But for How Long?
Last week we reported that consumers are paying down their credit card debt. We also mentioned that mortgage debt and mortgage originations were on the rise. Today we are going to delve further into that phenomenon. Tim Ellis, a Senior…