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Lenders wary as Fed's PPP facility nears deadline

Lenders wary as Fed's PPP facility nears deadline
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

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Central banks aren't what they used to be - and the better for it

Banks now tackle diverse issues, be it Covid-19, climate change or inequality. Purists may disagree but there’s no other option ....

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Intervention part of the package for new-model central...

We are used to thinking about the remit of central banks as focusing narrowly on price stability, or at most as targeting inflation while ensuring the smooth operation of the payment system. But with the global financial crisis of 2008 and now Covid-19, we have seen central banks intervening to. ....

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The National Capital Bank of Washington Reports Fourth Quarter Earnings

Press release content from PR Newswire. The AP news staff was not involved in its creation.
The National Capital Bank of Washington Reports Fourth Quarter Earnings
January 27, 2021 GMT
National Capital Bank of Washington (PRNewsfoto/The National Capital Bank of Wa)
WASHINGTON, Jan. 27, 2021 /PRNewswire/ The National Capital Bank of Washington (NCB) reported net income of $1,003,000, or $3.51 per common share, for the three months ended December 31, 2020, compared to net income of $495,000 or $1.73 per share for the quarter ended December 31, 2019. For the year ended December 31, 2020, NCB reported net income of $2,648,000, or $9.26 per share, compared to $2,552,000, or $8.94 for the year ended December 31, 2019. The fourth quarter results included a less-pronounced increase in the Bank’s allowance for loan loss after an aggressive response to the COVID-19 pandemic during the first nine months of 2020 which included significant increases in the Bank’s allowanc ....

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FS Bancorp, Inc. Reports Record 2020 Results Including $39.3 Million of Net Income or $8.97 Per Diluted Share, and a 24% Increase in Its Dividend to $0.26 for the Thirty-Second Consecutive Quarterly Dividend

FS Bancorp, Inc. Reports Record 2020 Results Including $39.3 Million of Net Income or $8.97 Per Diluted Share, and a 24% Increase in Its Dividend to $0.26 for the Thirty-Second Consecutive Quarterly Dividend
(4,017
943
1,336,346
Loans receivable, net increased $53.5 million to $1.54 billion at December 31, 2020, from $1.49 billion at September 30, 2020, and increased $208.6 million from $1.34 billion at December 31, 2019. The quarter over linked quarter increase in total real estate loans was $34.6 million, including increases in construction and development loans of $25.0 million, one-to-four-family portfolio loans of $10.2 million, home equity loans of $2.6 million, and multi-family loans of $1.4 million, partially offset by a decrease in commercial real estate loans of $4.6 million. Consumer loans increased $10.4 million, primarily due to an increase of $9.3 million in indirect home improvement loans and $1.1 million in marine loans. Commercial business loans in ....

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