Page 22 - Waypoint Bank
P. 22
Banking status
Banks’ earning pressures + rising expenses + over-regulation + scarce
capital = consolidation
Number of FDIC-insured institutions
1993-2017
10000
9000
8000
7000
6000
5000
4000
3000
2000
1000
0
4/1/1996 4/1/1997 4/1/1998 4/1/1999 4/1/2000 4/1/2001 4/1/2002 4/1/2003 4/1/2004 4/1/2005 4/1/2006 4/1/2007 4/1/2008 4/1/2009 4/1/2010 4/1/2011 4/1/2012 4/1/2013 4/1/2014 4/1/2015 4/1/2016 4/1/2017
Commercial Banks Savings institutions
Current top priorities as we perceive them
• Inform banks and represent their views on myriad issues
o Regulatory relief, especially Basel III, QM and DFA regulations
o Public understanding of ability to lend, realities of foreclosures…
• Stop continual expansion of tax advantaged competitors: credit unions,
Farm Credit System…
o Fair competition by nonbanks – in all areas: taxation, CRA,
safety/soundness …
• Improve the image of banking by correcting misperceptions
• Better educate and inform bankers
