Newsletters

We are experiencing a decline in C&I loan demand in many regions of the country, and an increase in loan types we are more cautious about than usual (CRE, ADC etc.). Banks are refocusing on deposits, but this doesn’t mean that loans are not front-and-center as we continue to seek profitable growth. It bears reminding during these times what loan and deposit customers are looking for. As has been the case since I started looking…

Roberto Albertson continues to share his insights about our economy and industry after most of 2Q23 earnings calls are behind us. His unedited words are below, without any editorial comments from me. His strategy deck is also attached, and, as always, is thought-provoking and insightful. “Sharply higher funding costs finally drove linked quarter net income comparisons negative in the second quarter, causing many banks to miss their estimates.  As a result, most banks reduced their…

There is one amazing hotel, a family-owned and run hotel, that is one of our very favorites. This is due primarily to the outstanding food offered in the hotel's various restaurants, as well as the gorgeous setting and beautifully appointed rooms. A recent visit to the hotel reaffirmed the gorgeous setting. Alpine valleys and beautiful forests do not change. However, much else did indeed change. As Dick and I reflected on the newly-designed experience, we…