Independent Banker - January 2021 - 11
THE STATE OF BANKING
BANKER'S HOURS
BY CHRISTOPHER WEYANT
Washington
41
banking institutions
Total assets:
$97 billion
The Seattle-Tacoma-Bellevue
area has the largest deposit
market with
$112.1 billion
in deposits
Median ROA:
0.82%
Commercial real estate has the
highest loan concentration at
334%
Source: FDIC Q2-20 statistics
" You have to ask yourself, 'Is my piggy bank servicing all of
my banking needs?' "
ICBA: Yellen understands vital
role of community banks
ICBA released a statement on president-elect Joe Biden choosing
Janet Yellen to lead the U.S. Treasury Department. ICBA president
and CEO Rebeca Romero Rainey said Yellen's experience
leading the Federal Reserve allows her to understand the part
community banks play in the banking industry.
" As former Federal Reserve chair, Council of Economic
QUICK STAT
10%
The year-over-year increase in
net income community banks saw
between Q3 2019 and Q3 2020
Source: FDIC
Advisers chair, and Federal Reserve Bank of San Francisco
president, Dr. Yellen understands the vital role of community
banks to local communities and their leading role in meeting
the economic challenges of the coronavirus pandemic, " Romero
Rainey said. " If Dr. Yellen is confirmed, ICBA and community
bankers look forward to continuing to work with her as we
support the economic recovery in Main Street communities. "
If confirmed, Yellen, the first woman to chair the Federal
Reserve, would be the first woman to become Treasury secretary.
She would also be the first person ever to have held the positions
of Treasury secretary, Council of Economic Advisors chair and
Fed chair.
independentbanker.org Q 11
http://www.independentbanker.org
Independent Banker - January 2021
Table of Contents for the Digital Edition of Independent Banker - January 2021
Table of Contents
Independent Banker - January 2021 - Intro
Independent Banker - January 2021 - Cover1
Independent Banker - January 2021 - Cover2
Independent Banker - January 2021 - Table of Contents
Independent Banker - January 2021 - 2
Independent Banker - January 2021 - 3
Independent Banker - January 2021 - 4
Independent Banker - January 2021 - 5
Independent Banker - January 2021 - 6
Independent Banker - January 2021 - 7
Independent Banker - January 2021 - 8
Independent Banker - January 2021 - 9
Independent Banker - January 2021 - 10
Independent Banker - January 2021 - 11
Independent Banker - January 2021 - 12
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Independent Banker - January 2021 - Cover3
Independent Banker - January 2021 - Cover4
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