Writer: BankBeat

Commercial real estate lending up in Midwest, loan quality sound

The state profiles made available online March 19 by the Federal Deposit Insurance Corporation show concentrations of commercial real estate loans growing at banks across the Upper Midwest. The reports show loan concentrations as the median percent of qualifying total capital. In Iowa, for example, the 2017 year-end figure was 84.06 percent, up from 80.93 percent a year earlier. In Minnesota, the figure was up to 160.91 percent from 145.70 percent, and in Wisconsin it was 222.20 percent compared to 217.25 percent. [Continue]

Ohio banker reappointed to Fed council

Diane M. Hoops, chair, president and CEO of the Corn City State Bank, Deshler, Ohio, has been appointed to a second term on the Federal Reserve Bank of Cleveland’s Community Depository Institutions Advisory Council. Hoops was originally appointed to the council in 2015 for a three-year term. She was recently reappointed for an additional three-year … Read more

Federal Reserve Weekly Filings for February 24, 2018

First Financial Bancorp, Cincinnati, authorized to become a financial holding company and to merge with MainSource Financial Group, Inc., Greensburg, Ind., and thereby acquire MainSource Bank. Additionally, First Financial Bank, Cincinnati, authorized to merge with MainSource Bank and thereby establish branches. Wintrust Bank, Chicago, authorized to establish a branch in Chicago. OakStar Bank, Springfield, Mo., … Read more

Federal Reserve Weekly Filings for February 17, 2018

Emmetsburg Bank Shares, Inc., Emmetsburg, Iowa, authorized to acquire Panora State Bank, Panora, Iowa. Dakota Western Bank, Bowman, N.D., filed to establish a branch in Regent, N.D. Almena Investments, LLC, Almena, Kan., filed to become a bank holding company through the acquisition of Almena State Bank, Almena. Equity Bank, Andover, Kan., filed to merge with … Read more

Federal Reserve Weekly Filings for February 10, 2018

Commerce Bank, Kansas City, Mo., authorized to establish a branch in Roeland Park, Mo. Caldwell County Bancshares, Inc., Hamilton, Mo., authorized to acquire Horizon State Bank, Cameron, Mo. Guaranty Federal Bancshares, Inc., Springfield, Mo., authorized to acquire Hometown Bancshares, Inc., Carthage, Mo., and thereby acquire Hometown Bank, N.A. Independent Bank Corporation, Grand Rapids, Mich., authorized … Read more

Federal Reserve Weekly Filings for February 3, 2018

Farmers State Bank, Victor, Mont., authorized to establish a branch in Kalispell, Mont. Farmington Bancorp, Inc., Farmington, Ill., authorized to acquire Laura State Bank, Williamsfield, Ill. First State Holding Co., Lincoln, Neb., authorized to acquire Wallco, Inc., Nehawka, Neb., and thereby acquire The Nehawka Bank. Genoa Banking Company filed to establish a branch in Toledo, … Read more