Much Ado About Little – Why Banks Haven’t Utilized Relief of Leverage Ratio Requirements

With banking segments and industries hard-hit by the COVID-19 pandemic, federal regulators offered back in April to give financial institutions temporary relief on leverage ratio requirements — or, put simply, the level of assets they have to maintain in the bank. But, not many banks have taken advantage of the emergency measure in the months … Continue reading Much Ado About Little – Why Banks Haven’t Utilized Relief of Leverage Ratio Requirements

First Bank Reports Third Quarter 2020 Net Income of $5.9 Million

For the Third Quarter and nine months of 2020: Strong revenue growth, continued solid organic loan origination, and effective management of non-interest expense HAMILTON, N.J. — (GLOBE NEWSWIRE) — October 26, 2020 — First Bank (Nasdaq Global Market: FRBA) today announced results for the three and nine months ended September 30, 2020. Net income for … Continue reading First Bank Reports Third Quarter 2020 Net Income of $5.9 Million