Banks are making money, but let’s face it – it’s tough. There are still a lot of real estate problems to work through; we are going through a broad period of deleveraging, and the general aging of the population means our culture is moving from a borrow-and-spend mentality to a savings mentality. Growing profitability in this environment is going to require some real outside-the-box thinking. Here are three ideas:
1) Do more asset-based lending. Most community bankers lend on cash flow and . . .
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